For sale

Price cut: $20K (8/26)

$425,000

206 Riders Way, Lebanon, PA 17042

7beds

4baths

2,440sqft

$2,809/mo

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Duplex

Built in 1920

-- sqft lot

$415,300 Zestimate^®

$174/sqft

$-- HOA

What's special

Off-street parkingNewer roof

Nicely updated cash flowing side by side 2 unit south of Lebanon City. Gross annual income is $40,800. Both units have mini split systems for heating and A/C. One side has 1.5 baths with 3 bedrooms and the other has 4 bedrooms and 1 bath. Both leased at $1,700 with tenants responsible for utilities. Newer roof, electrical and plumbing. Off-street parking and nice yards for each side.

12 days
440
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Basement

Area: 0

Heating

Forced Air, Electric

Cooling

Ductless, Electric

Appliances

Included: Electric Water Heater

Features

Dry Wall, Plaster Walls
Flooring: Carpet, Luxury Vinyl
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,440
Total interior livable area: 2,440 sqft

Property

Parking

Total spaces: 4
Parking features: Off Street, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 0.29 Acres

Details

Additional structures: Above Grade, Below Grade
Parcel number: 3423358703464980000
Zoning: R2 - MEDIUM DENSITY
Zoning description: 102 Res: Residential 2 family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Stick Built, Vinyl Siding
Foundation: Block
Roof: Asphalt

Condition

Very Good
New construction: No
Year built: 1920
Major remodel year: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: North Cornwall Township

Location

Region: Lebanon
Municipality: WEST CORNWALL TWP

Financial & listing details

Price per square foot: $174/sqft
Tax assessed value: $138,800
Annual tax amount: $3,581
Date on market: 8/19/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Tenant's Personal Items
Ownership: Fee Simple
Total actual rent: 40800
Income includes: Apartment Rentals

Estimated market value

$415,300

$395,000 - $436,000

$1,298/mo

Price history

Date	Event	Price
8/26/2026	Price change	$425,000-4.5%$174/sqft
Source: Bright MLS #PALN2028048 Report a problem
8/19/2026	Listed for sale	$445,000+48.3%$182/sqft
Source: Bright MLS #PALN2028048 Report a problem
9/21/2023	Sold	$300,000+71.4%$123/sqft
Source: Public Record Report a problem
6/13/2023	Sold	$175,000$72/sqft
Source: Public Record Report a problem
3/16/2020	Listing removed	$900
Source: Zillow Rental Network Premium Report a problem
2/24/2020	Price change	$900-2.7%
Source: Zillow Rental Network Premium Report a problem
1/28/2020	Listed for rent	$925
Source: Zillow Rental Network Premium Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,335 +4.5%	$138,800
2024	$3,193 +2.2%	$138,800
2023	$3,123 +3%	$138,800
2022	$3,033 +8.3%	$138,800
2021	$2,801 +0.8%	$138,800
2020	$2,779 +340.8%	$138,800
2019	$631 -69.8%	$138,800
2018	$2,091	$138,800 -6.1%
2017	--	$147,800