Attention Investors! Add immediate cash flow to your portfolio with this income-producing circa-1900 gable-front cottage. This well-maintained single-family rental is leased through May 2027 to long-term tenants who would like to remain, providing stability from day one. The current tenants pay all utilities, including water and sewer, and furnish their own appliances, keeping owner expenses to a minimum. The owner is responsible only for real estate taxes, approximately $823 per year in insurance, and the mortgage. The lease allows the new owner to provide the tenants with a 60-day notice after settlement if desired, offering flexibility for future plans while preserving the option to continue with an established tenancy. Whether you're expanding your rental portfolio or purchasing your first investment property, this turnkey income-producing opportunity is one you won't want to miss.
For sale
$165,000
348 N 5th St, Lebanon, PA 17046
3beds
1,040sqft
:
Get pre-qualified$1,123/mo
Single Family Residence
Built in 1900
2,614 Square Feet Lot
$162,000 Zestimate®
$159/sqft
$-- HOA
What's special
- 1 day |
- 356 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Jerry Gostomski 717-679-2569,
RE/MAX Pinnacle 7172708808
Source: Bright MLS,MLS#: PALN2027664
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Description: Percent Finished: 0.0
- Area: 693
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Paneled Walls
- Basement: Unfinished,Full
- Number of fireplaces: 1
Interior area
- Total structure area: 1,733
- Total interior livable area: 1,040 sqft
- Finished area above ground: 1,040
Property
Parking
- Parking features: On Street, Other
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,614 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 0523392963713500000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Stick Built, Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- Good,Average
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: 5th Ward
HOA
- Has HOA: No
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $57,900
- Annual tax amount: $1,963
- Date on market: 7/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Built In Kitchen Appliances
- Exclusions: All Tenant Owned Items Including Free Standing Appliances.
- Ownership: Fee Simple
Estimated market value
$162,000
$154,000 - $170,000
$1,404/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $165,000+120%$159/sqft |
Source:  Bright MLS #PALN2027664 Report a problem | ||
| 10/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/22/2022 | Listed for rent | $1,400+60%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/10/2022 | Sold | $75,000+50%$72/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/23/2016 | Sold | $50,000$48/sqft |
Source: Public Record Report a problem | ||
| 5/26/2016 | Listing removed | $875-7.9%$1/sqft |
Source: SlateHouse Group Property Management Report a problem | ||
| 3/13/2016 | Listed for rent | $950$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,865 +1.4% | $57,900 |
| 2024 | $1,839 +1.6% | $57,900 |
| 2023 | $1,810 +1.8% | $57,900 |
| 2022 | $1,777 +5.2% | $57,900 |
| 2021 | $1,689 | $57,900 |
| 2020 | $1,689 +270.4% | $57,900 |
| 2019 | $456 -62.3% | $57,900 |
| 2018 | $1,208 +4.1% | $57,900 |
| 2017 | $1,160 -0.1% | $57,900 -31.3% |
| 2016 | $1,162 | $84,300 |
| 2015 | $1,162 | $84,300 |
| 2014 | $1,162 | $84,300 +1039.2% |
| 2012 | -- | $7,400 |
| 2011 | -- | $7,400 |
| 2010 | -- | $7,400 |
| 2009 | -- | $7,400 |
| 2007 | -- | $7,400 |
| 2006 | -- | $7,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 17046
Nearby schools
GreatSchools rating
- 4/10Lebanon Intermediate SchoolGrades: 6Distance: 0.3 mi
- 1/10Lebanon Senior High SchoolGrades: 9-12Distance: 1.3 mi
- 4/10Southeast El SchoolGrades: PK-5Distance: 1 mi
Schools provided by the listing agent
- Middle: Lebanon
- High: Lebanon
- District: Lebanon
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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