624 Chestnut Street, Lebanon, PA 17042 - Photo 1

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$280,000 Sale Pending

For Sale
Pending
Single Family
6,000 Sq. Ft.
Updated 3 days ago

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Property Description

Turnkey 3-unit investment opportunity in the heart of Lebanon! This fully rented multi-family property offers immediate cash flow and a strong return on investment for savvy investors looking to expand their portfolio. Featuring large, spacious units with character and charm, this property blends modern income potential with a true piece of Lebanon history. Owner-paid heat is kept affordable with a newer high-efficiency gas heating system, helping minimize operating expenses and maximize profitability. Well-positioned with strong rental demand, this is a solid income-producing asset with long-term upside.

Full Property Details

Full Property Details for 624 Chestnut St

General

Price: $280,000
Taxes: $4,893 (2026)
Status: Pending
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PALN2025808
Updated: 5/11/2026
Added to Site: 9 day(s) ago

Rental Information

Lease Info: Yearly, Month to Month

Parking

Parking Type: On Street

Location

Area: Lebanon City (13201)
Municipality: LEBANON CITY
County: LEBANON
Driving Directions: East on 422. Turn left on Bollman St. Go 2 blocks and property is on the corner.

School Information

School District: Lebanon
Middle School: Lebanon
High School: Lebanon

Heating & Cooling

Cooling Type: None
Heating Type: Radiator
Heating Fuel: Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Septic
Water: Public

Structural Information

Architectural Style: Converted Dwelling
Structure Type: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Interior Access
Foundation: Other
Square Feet: 6,000
Sq. Ft. Source: Assessor
Living Area: 6,000 Sq. Ft.
Finished Above Grnd: 6,000 Sq. Ft.
Year Built: 1830
Year Built Source: Estimated

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,792
Lot Size Source: Estimated
Zoning: OFFICE & INSTITUTIONAL

Financial Considerations

Price Per Sq. Ft.: $46.67
Assessment Year: 2026
School Tax: $3,536
County Tax: $679
County Tax Freq: Annually
Tax w/Assessment: $147,900
Tax Amount: $4,893
Tax Year: 2026
Owner Pays: Heat
Tax Total Finished Sq. Ft.: 6000

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenant belongings
Inclusions: Stoves, Refrigerators

Listed by Berkshire Hathaway HomeServices Homesale Realty, Timothy K Shreiner and Berkshire Hathaway HomeServices Homesale Realty, Corey Shank

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Listing agents

— 624 Chestnut St —

Timothy K Shreiner

Berkshire Hathaway HomeServices Homesale Realty
Corey Shank

Berkshire Hathaway HomeServices Homesale Realty

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NMLS#: 1598647

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Schools

Schools serving 624 Chestnut St

School District:Lebanon School District

Name	Grades	Distance
Harding El School, Lebanon, PA 622 Chestnut Street, Lebanon, PA 17042	K-5	0 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 624 Chestnut St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/06/2026

Listed

$280,000

72.84%

MLS

4/03/2018

Sold

$162,000

—

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

Tax History for 624 Chestnut St

Year

Property Taxes

Change

Tax Assessment

Change

2026

$4,893

3%

$147,900

—

2025

$4,764

5%

$147,900

—

2024

$4,540

38%

$147,900

—

2022

$3,286

2%

$147,900

—

2021

$3,212

-26%

$147,900

—

2020

$4,313

1%

$147,900

—

2019

$4,251

3%

$147,900

—

2018

$4,128

3%

$147,900

—

2016

$4,019

6%

$147,900

—

2015

$3,807

7%

$147,900

—

2014

$3,568

—

$147,900

—

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.

Estimate the Cost

Estimate the Cost for 624 Chestnut St

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624 Chestnut Street, Lebanon, PA 17042 (MLS# PALN2025808) is a Single Family property with 0 bedrooms and 0 full bathrooms. 624 Chestnut Street is currently listed for $280,000 and was received on May 06, 2026. Want to learn more about 624 Chestnut Street? Do you have questions about finding other Single Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

624 Chestnut St Lebanon, PA 17042