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.
Great income is what you'll get from this 5-unit rental. All units are currently rented and appliances are included. Home Warranty.
BRIGHT MLS #1002692561
Oct 6, 2006
Listing Removed
—
Jun 25, 2005
Sold
$138,900
$43/sq ft
Jun 9, 2005
Listed
$136,900
$42/sq ft
Well maintained 5 unit. Tenants pay electric, Low annual heating costs. Great Numbers!, Won't last long at this price!
BRIGHT MLS #1004793461
Jul 28, 2005
Sold
$138,900
$43/sq ft
Jun 25, 2005
Listing Removed
—
Jun 9, 2005
Listed
$136,900
$42/sq ft
BRIGHT MLS #1004954009
Aug 24, 2004
Listing Removed
—
May 24, 2004
Listed
$119,900
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,234 (+2.7%)
$18,000 + $140,200
$158,200
2025
$5,096 (+909.4%)
$18,000 + $140,200
$158,200
2024
$505 (+3.5%)
$18,000 + $140,200
$158,200
2023
$488 (+1.7%)
$18,000 + $140,200
$158,200
2022
$480 (+3.5%)
$18,000 + $140,200
$158,200
2021
$464 (−89.9%)
$18,000 + $140,200
$158,200
2020
$4,614 (+1.5%)
$18,000 + $140,200
$158,200
2019
$4,547 (+3.0%)
$18,000 + $140,200
$158,200
2018
$4,416 (+2.7%)
$18,000 + $140,200
$158,200
2016
$4,298 (+5.6%)
$18,000 + $61,100
$79,100
2015
$4,072
$18,000 + $140,200
$158,200
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
1930
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,264
Year built
1930
Style
Multi-Family (5+ Unit)
County
Lebanon County
APN
01-2339268-368464-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
OI
Office Institutional District
To provide for a mix of housing types and selected types of less intensive types of commercial uses in areas that include many existing homes. The intent is to avoid uses that are most likely to generate nuisances or hazards for nearby residents, such as twenty-four-hour operations.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
4/10 Wind Factor
11% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Lebanon, PA • 17042
Average low and high temperatures (°F)
33
20
38
24
57
36
65
45
71
53
82
63
86
68
80
60
78
58
66
46
54
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 523 Walnut St
$494,235
$5,764 under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $172K to $512K.