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$155,000
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Property Description
Attention Investors! Don't miss this turnkey investment opportunity with immediate rental income. This Lebanon City property is tenant-occupied by a long-term resident currently on a month-to-month lease at $1,450 per month, with the tenant paying all utilities, including water and sewer. Even better, all kitchen appliances are owned and supplied by the tenant, reducing the owner's maintenance and replacement costs. Current ownership expenses are limited to annual real estate taxes, mortgage, and approximately $823 per year for homeowner's insurance. The tenant has expressed a strong desire to remain in the home, providing an excellent opportunity for continued cash flow. Should the new owner choose to occupy the property or pursue another use, the tenant will require a 60-day notice to vacate. Whether you're adding to an established portfolio or purchasing your first investment property, this income-producing home offers immediate returns and a reliable tenant in place. Schedule your showing today and explore the potential this property has to offer.
Full Property Details
Full Property Details for 757 Locust St
General
- Price: $155,000
- Taxes: $1,739 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALN2027660
- Updated: 7/27/2026
- Added to Site: 20 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Parking
- Parking Type: On Street, Other
Location
- Area: Lebanon City (13201)
- Municipality: LEBANON CITY
- County: LEBANON
- Subdivision: WARD 1
- Driving Directions: Walnut to S Liberty St, Right on Locust. Home will be on right.
School Information
- School District: Lebanon
- Middle School: Lebanon
- High School: Lebanon
Community
- Pets Allowed: Yes
- Pets: Case by Case Basis
Heating & Cooling
- Cooling Type: None
- Heating Type: 90% Forced Air
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Side-by-Side, Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Vinyl Siding, Stick Built
- Basement: Yes
- Basement Desc.: Full
- Foundation: Stone
- Roof: Shingle
- Stories Description: Main
- Square Feet: 2,040
- Sq. Ft. Source: Estimated
- Living Area: 1,392 Sq. Ft.
- Finished Above Grnd: 1,392 Sq. Ft.
- Basement Finished: 0%
- Year Built: 1930
- Year Built Source: Assessor
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $111.35
- Assessment Year: 2026
- School Tax: $1,268
- City/TownTax: $235
- City/TownTax Freq: Annually
- County Tax: $235
- County Tax Freq: Annually
- Tax w/Assessment: $51,300
- Tax Amount: $1,739
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1392
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenant property including appliances.
Listed by RE/MAX Pinnacle, Gerald C Gostomski
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Schools
Schools serving 757 Locust St
School District:Lebanon School District
| Name | Grades | Distance |
|---|---|---|
Harding El School, Lebanon, PA 622 Chestnut Street, Lebanon, PA 17042 | K-5 | 0.2 mi |
Lebanon Middle School 350 North 8th Street, Lebanon, PA 17046 | 6-8 | 0.6 mi |
Lebanon Senior High School 1000 South 8th Street, Lebanon, PA 17042 | 9-12 | 0.6 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 757 Locust St
Date
Details
Price
Change
Source
7/27/2026
Listed
$155,000
10.71%
MLS
10/16/2024
Sold
$140,000
—
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 757 Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,697
3%
$51,300
—
2025
$1,653
5%
$51,300
—
2024
$1,575
196%
$51,300
—
2022
$532
-18%
$51,300
—
2021
$647
-57%
$51,300
—
2020
$1,496
1%
$51,300
—
2019
$1,475
3%
$51,300
—
2018
$1,432
8%
$51,300
—
2016
$1,332
6%
$51,300
5%
2015
$1,261
7%
$49,000
—
2014
$1,182
—
$49,000
—
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 757 Locust St
757 Locust Street, Lebanon, PA 17042 (MLS# PALN2027660) is a Townhouse property with 3 bedrooms and 1 full bathroom. 757 Locust Street is currently listed for $155,000 and was received on July 27, 2026. Want to learn more about 757 Locust 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.

