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$475,000
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Property Description
This property is being sold with another property next door for a total of $675,000. Next door, 79 E Main Street is a great investment property that can be used together to generate incredible cash flow. Prime investment opportunity at 81?83 E Main Street in Newmanstown, PA! This spacious 3-bedroom, 1-bath property offers approximately 2,000 square feet of living space and delivers strong income potential with projected rents exceeding $40,000 per year. The home provides ample room for tenants, making it highly attractive in today's rental market. What truly sets this property apart is the expansive half-acre lot located behind the home?offering incredible upside for investors looking to build additional rental units and significantly increase cash flow. Whether you?re expanding your portfolio or seeking a property with both immediate income and future development potential, this is a rare find in a growing area. Don?t miss your chance to capitalize on both current returns and long-term value!
Full Property Details
Full Property Details for 81-83 E Main St
General
- Price: $475,000
- Taxes: $2,529 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALN2025540
- Updated: 5/11/2026
- Added to Site: 61 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Parking
- Parking Type: Off Street, On Street
Location
- Area: Millcreek Twp (13224)
- Municipality: MILLCREEK TWP
- County: LEBANON
- Subdivision: NEWMANSTOWN
- Driving Directions: Take PA-272 to PA-897/W Swartzville Rd. Take the slight right onto Texter Mountain Rd then turn left onto S Mountain Rd. Continue right onto S Sheridan Rd then turn right onto E Main St. Property will be on the left.
School Information
- School District: Eastern Lebanon County
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Transitional
- Structure Type: Detached
- Construction: Brick, Wood Siding
- Basement: Yes
- Basement Desc.: Other
- Foundation: Block
- Stories Description: Upper 1
- Square Feet: 2,000
- Sq. Ft. Source: Assessor
- Living Area: 2,000 Sq. Ft.
- Finished Above Grnd: 2,000 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $237.5
- Assessment Year: 2026
- School Tax: $1,924
- City/TownTax: $135
- City/TownTax Freq: Annually
- County Tax: $468
- County Tax Freq: Annually
- Tax w/Assessment: $102,100
- Tax Amount: $2,529
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2000
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant property
Listed by Core Partners Realty, John MacDonald
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Price & Sales History for 81-83 E Main St
Date
Details
Price
Change
Source
5/11/2026
Listed
$475,000
335.78%
MLS
7/21/2023
Sold
$109,000
—
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 81-83 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,535
4%
$102,100
—
2025
$2,431
8%
$102,100
—
2024
$2,250
20%
$102,100
—
2022
$1,873
3%
$102,100
—
2021
$1,823
-12%
$102,100
—
2020
$2,074
2%
$102,100
—
2019
$2,030
2%
$102,100
—
2018
$1,996
4%
$102,100
—
2016
$1,913
8%
$102,100
—
2015
$1,772
3%
$102,100
—
2014
$1,718
—
$102,100
—
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 81-83 E Main St
81-83 E Main Street, Newmanstown, PA 17073 (MLS# PALN2025540) is a Single Family property with 3 bedrooms and 1 full bathroom. 81-83 E Main Street is currently listed for $475,000 and was received on May 11, 2026. Want to learn more about 81-83 E Main Street? Do you have questions about finding other Single Family real estate for sale in Newmanstown? You can browse all Newmanstown real estate or contact a Coldwell Banker agent to request more information.

