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$409,900
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Property Description
Well-maintained and fully rented duplex in Lebanon City! This clean, income-producing property features two spacious apartments with approximately 2,000 square feet each, offering a total of 4 bedrooms. The generous layout makes each unit ideal for large families seeking ample living space. Recent improvements include a new roof, providing peace of mind for the next owner. Each unit is well cared for and tenant-occupied, making this a turnkey investment opportunity. The property also includes a 3-bay garage plus additional off-street parking spaces, all of which offer extra rental income potential. Convenient location close to downtown Lebanon, shopping, and major routes. A solid addition to any investor's portfolio! Investment Opportunity - Fully Rented 2-Unit Property Unit 1: $1,600/month Unit 2: $1,700/month Garage: $300/month Parking spaces: $180/month Total Annual income: $43,200
Full Property Details
Full Property Details for 513 Chestnut St
General
- Price: $409,900
- Taxes: $6,257 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALN2024390
- Updated: 3/6/2026
- Added to Site: 21 day(s) ago
Rental Information
- Lease Info: Yearly
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 12
- Parking Type: Driveway, Detached Garage, Off Street, Parking Lot
- Garage Description: Garage - Rear Entry
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: LEBANON
- Driving Directions: From Route 422, turn onto Chestnut Street to property.
- Location Details: Downtown
School Information
- School District: Lebanon
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Masonry, Brick
- Foundation: Stone
- Roof: Rubber, Shingle
- Square Feet: 4,510
- Sq. Ft. Source: Assessor
- Living Area: 4,510 Sq. Ft.
- Finished Above Grnd: 4,510 Sq. Ft.
- Year Built: 1939
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $90.89
- Assessment Year: 2025
- School Tax: $4,550
- City/TownTax: $871
- City/TownTax Freq: Annually
- County Tax: $835
- County Tax Freq: Annually
- Tax w/Assessment: $190,300
- Tax Amount: $6,257
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 4510
Disclosures and Reports
- Ownership: Fee Simple
Listed by Joy Daniels Real Estate Group, Ltd, JOY DANIELS
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Schools
Schools serving 513 Chestnut St
School District:Lebanon School District
| Name | Grades | Distance |
|---|---|---|
Harding El School, Lebanon, PA 622 Chestnut Street, Lebanon, PA 17042 | K-5 | 0.1 mi |
Lebanon Middle School 350 North 8th Street, Lebanon, PA 17046 | 6-8 | 0.4 mi |
Lebanon Senior High School 1000 South 8th Street, Lebanon, PA 17042 | 9-12 | 0.8 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 513 Chestnut St
Date
Details
Price
Change
Source
2/16/2026
Listed
$409,900
—
MLS
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 513 Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,130
5%
$190,300
—
2024
$5,841
39%
$190,300
1%
2022
$4,191
2%
$188,600
—
2021
$4,096
-26%
$188,600
—
2020
$5,500
1%
$188,600
—
2019
$5,421
3%
$188,600
—
2018
$5,264
3%
$188,600
—
2016
$5,125
6%
$188,600
—
2015
$4,855
7%
$188,600
—
2014
$4,550
—
$188,600
—
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 513 Chestnut St
513 Chestnut Street, Lebanon, PA 17042 (MLS# PALN2024390) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 513 Chestnut Street is currently listed for $409,900 and was received on February 16, 2026. Want to learn more about 513 Chestnut 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.

