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$250,000 Just Listed
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Property Description
Great 2-unit investment property in Lebanon. Unit #1 consists of a 1-bedroom on first floor currently rented for $1,030 per month with forced air oil heat. Unit #2 includes a 3-bedroom unit rented at $1,400 per month with electric baseboard heat.Both units have separate electric meters. Ideal for investors seeking a value-add property or an owner-occupant looking to offset expenses with rental income. Conveniently located and priced to sell-don't miss this opportunity.
Full Property Details
Full Property Details for 512 Spruce St
General
- Price: $250,000
- Taxes: $1,959 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALN2024486
- Updated: 2/3/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: LEBANON
- Driving Directions: GPS
School Information
- School District: Lebanon
- Middle School: Lebanon
- High School: Lebanon
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Stone
- Square Feet: 2,184
- Sq. Ft. Source: Assessor
- Living Area: 2,184 Sq. Ft.
- Finished Above Grnd: 2,184 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $114.47
- Assessment Year: 2025
- School Tax: $1,425
- City/TownTax: $273
- City/TownTax Freq: Annually
- County Tax: $261
- County Tax Freq: Annually
- Tax w/Assessment: $59,600
- Tax Amount: $1,959
- Tax Year: 2025
- Owner Pays: Sewer, Water, Trash Collection
- Tax Total Finished Sq. Ft.: 2184
Disclosures and Reports
- Ownership: Fee Simple
Listed by Stoltzfus Realty, Joseph Fisher
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Schools
Schools serving 512 Spruce St
School District:Lebanon School District
| Name | Grades | Distance |
|---|---|---|
Northwest El School, Lebanon, PA 1315 Old Forge Road, Lebanon, PA 17046 | K-5 | 0.7 mi |
Lebanon Middle School 350 North 8th Street, Lebanon, PA 17046 | 6-8 | 0.2 mi |
Lebanon Senior High School 1000 South 8th Street, Lebanon, PA 17042 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 Spruce St
Date
Details
Price
Change
Source
2/03/2026
Listed
$250,000
100%
MLS
9/30/2022
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 512 Spruce St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,920
5%
$59,600
—
2024
$1,829
38%
$59,600
—
2022
$1,324
2%
$59,600
—
2021
$1,295
-25%
$59,600
—
2020
$1,738
1%
$59,600
—
2019
$1,713
3%
$59,600
—
2018
$1,664
3%
$59,600
—
2016
$1,620
6%
$59,600
—
2015
$1,534
7%
$59,600
—
2014
$1,438
—
$59,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 512 Spruce St
512 Spruce Street, Lebanon, PA 17046 (MLS# PALN2024486) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 512 Spruce Street is currently listed for $250,000 and was received on February 03, 2026. Want to learn more about 512 Spruce Street? Do you have questions about finding other Townhouse real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

