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$499,999 -$25,001 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Apartment
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Well maintained 5 Unit Apartment Building. All units are currently occupied. Rent roll $54,840 gross annual income. Several units have long term tenants. Solid surface flooring throughout each unit. Prime location with easy access to utilities for service. Coin laundry provided by Landlord, creates additional $600-800/ year income.

Full Property Details for 523 Walnut St

General

  • Price: $499,999
  • Taxes: $5,363 (2026)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PALN2028230
  • Updated: 9/4/2026
  • Added to Site: 17 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Restrooms: 5

Parking

  • Parking Type: On Street

Location

  • Area: Lebanon City (13201)
  • Municipality: LEBANON CITY
  • County: LEBANON
  • Driving Directions: 523 Walnut St Lebanon PA

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Electric Available, Natural Gas Available

Structural Information

  • Construction: Block, Stick Built
  • Roof: Asphalt
  • Building Size: 3264
  • Year Built: 1930
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size Source: Assessor
  • Zoning: RESIDENTIAL MULTI

Financial Considerations

  • Price Per Sq. Ft.: $153.19
  • Assessment Year: 2026
  • School Tax: $3,912
  • City/TownTax: $724
  • City/TownTax Freq: Annually
  • County Tax: $726
  • County Tax Freq: Annually
  • Tax w/Assessment: $158,200
  • Tax Amount: $5,363
  • Tax Year: 2026
  • Owner Pays: Water, Sewer, Trash Collection, Lawn/Shrub Care

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Bering Real Estate Co., Ashlee N. Stutzman

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Listing agent

— 523 Walnut St —

  • Ashlee N. Stutzman

    Bering Real Estate Co.

Listing Office Email: rbering@beringrealestate.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 523 Walnut St

School District:Lebanon School District
NameGradesDistance
Harding El School, Lebanon, PA
622 Chestnut Street, Lebanon, PA 17042
K-50.1 mi
Lebanon Middle School
350 North 8th Street, Lebanon, PA 17046
6-80.5 mi
Lebanon Senior High School
1000 South 8th Street, Lebanon, PA 17042
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 523 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Price Reduced
$499,999
-4.76%
MLS
8/23/2026
Listed
$525,000
38.19%
MLS
6/02/2021
Sold
$379,900
—
Public Record
Get Price Alerts and Save Property
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 for 523 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,234
3%
$158,200
—
2025
$5,096
5%
$158,200
—
2024
$4,856
38%
$158,200
—
2022
$3,515
2%
$158,200
—
2021
$3,436
-26%
$158,200
—
2020
$4,614
1%
$158,200
—
2019
$4,547
3%
$158,200
—
2018
$4,416
3%
$158,200
100%
2016
$4,299
6%
$79,100
-50%
2015
$4,073
7%
$158,200
—
2014
$3,816
—
$158,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Bering Real Estate Co., Ashlee N. Stutzman

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523 Walnut Street, Lebanon, PA 17042 (MLS# PALN2028230) is a Apartment property. 523 Walnut Street is currently listed for $499,999 and was received on August 23, 2026. Want to learn more about 523 Walnut Street? Do you have questions about finding other Apartment real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

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