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$499,999

523 Walnut St

Lebanon, PA
ACTIVE-BRIGHT
5
Bedrooms
3,240
Square Feet
0.04
Lot Size (acres)
1930
Year Built
66
Days On Market

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.

Listing Information

Listing Updated
09/10/2026
Listed By
Ashlee N. Stutzman, 7172249966 · Bering Real Estate Co., 7176413210
MLS#
PALN2028244
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
523 Walnut St, Lebanon, PA 17042
City
Lebanon
County
Lebanon
Neighborhood
LEBANON CITY
Zip Code
17042

Architecture

Bedrooms
5
Year Built
1930
Style
Traditional
Construction Materials
Aluminum Siding
Building Area
3,240 sq. ft.
Foundation
Block
Roof
Rubber
Garage Spaces
0
Parking Features
On Street

Features & Amenities

Appliances
Electric Water Heater, Refrigerator, Cooktop
Flooring
Vinyl, Carpet
Cooling
Ceiling Fan(s), Electric, Wall Unit(s)
Heating
Forced Air, Oil

Property Features

Lot Size
0.04 Acres
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Sewer Available, Electricity Available, Water Available, Natural Gas Available

Square Footage

Above Grade
3,240 sq. ft.
Total
3,240 sq. ft.

Tax & Financial Information

List Price
$499,999
Annual Taxes
$4,614

Schools

100/100
Harding Elementary School
Elementary · Grades PK–05 · 0.1 mi
City
Lebanon
Students
633
Parent reviews
5.0★ avg · 2 reviews
Student body
60% Hispanic / Latino · 29% White · 6% Black
Free/reduced lunch
100%
Phone
(717) 273-9391
100/100
Houck Elementary School
Elementary · Grades PK–05 · 1 mi
City
Lebanon
Students
400
Student body
56% Hispanic / Latino · 36% White · 5% Black
Free/reduced lunch
100%
Phone
(717) 273-9391
72/100
Southwest Elementary School
Elementary · Grades PK–05 · 1 mi
City
Lebanon
Students
484
Parent reviews
5.0★ avg · 2 reviews
Student body
69% Hispanic / Latino · 23% White · 5% Two or More Races
Free/reduced lunch
98%
Phone
(717) 273-9391
56/100
Southeast Elementary School
Elementary · Grades PK–05 · 0.9 mi
City
Lebanon
Students
472
Student body
71% Hispanic / Latino · 20% White · 6% Two or More Races
Free/reduced lunch
100%
Phone
(717) 273-9391
56/100
Northwest Elementary School
Elementary · Grades PK–05 · 1.2 mi
City
Lebanon
Students
557
Student body
80% Hispanic / Latino · 15% White · 4% Two or More Races
Free/reduced lunch
105%
Phone
(717) 273-9391
55/100
Lebanon County Career and Technology Center
High · Grades 09–12 · 1.6 mi
City
Lebanon
Students
11
Student body
100% White
Free/reduced lunch
27%
Phone
(717) 273-8551
55/100
Cedar Crest Middle School
Middle · Grades 06–08 · 2 mi
City
Lebanon
Students
1,224
Student body
65% White · 23% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
49%
Phone
(717) 272-2032
54/100
Lebanon Intermediate School
Middle · Grades 06–06 · 0.5 mi
City
Lebanon
Students
1,053
Student body
65% Hispanic / Latino · 26% White · 6% Black
Free/reduced lunch
100%
Phone
(717) 273-9391

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/23/2026Listed for sale$499,999

Listed by Ashlee N. Stutzman · Bering Real Estate Co. · 7176413210

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: September 10, 2026 at 6:02 PM | Source: Bright | MLS#: PALN2028244

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