About 1127 Walnut St
Great investment opportunity in the heart of Lebanon! This well-maintained 2-unit property offers strong rental income and excellent long-term potential. The first-floor unit is a spacious 1-bed/1-bath currently rented at $750/month with rent increasing to $900/month on October 1st. The second-floor unit is also a 1-bed/1-bath currently rented at $750/month with rent increasing to $1,010/month on October 1st. Tenants pay their own electric, while the owner covers water, sewer, trash, and heat. Conveniently located near shopping, dining, and major routes, this property is a solid choice with built-in cash flow and future upside—perfect for adding to your portfolio or starting your real estate investment journey.
Features of 1127 Walnut St
| MLS® # | PALN2022438 |
|---|---|
| Price | $194,900 |
| Bathrooms | 0.00 |
| Square Footage | 1,328 |
| Acres | 0.05 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Duplex, Twin/Semi-Detached |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1127 Walnut St |
|---|---|
| Area | Lebanon City (13201) |
| City | LEBANON |
| County | LEBANON-PA |
| State | PA |
| Municipality | LEBANON CITY |
| Zip Code | 17042 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Foundation | Stone |
School Information
| District | LEBANON |
|---|---|
| Middle | LEBANON |
| High | LEBANON |
Additional Information
| Date Listed | August 29th, 2025 |
|---|---|
| Days on Market | 45 |
| Zoning | RESIDENTIAL 2 FAMILY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|---|
| Contact Info | (717) 657-4700 |