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916 Cumberland Street

Lebanon, PA 17042

– beds
– baths
2,988 sqft
3,049 sqft lot
$99 per sqft
1943 build

Investor alert! Located on Main Street at 916 Cumberland St in the heart of Lebanon, this 3-unit mixed-use property is a prime income-producing asset. The first floor is home to a popular sports bar with a newly signed five-year lease at $925/month, featuring annual rent increases for built-in growth. Upstairs, the two-bedroom residential unit rents for $1,000/month, while the one-bedroom brings in $900/month—totaling $2,825 in monthly income. The property also includes off-street parking, a valuable amenity in this central location. With strong, steady returns and long-term tenants in place, this is a turnkey investment opportunity you won’t want to miss.

Listing courtesy of BRIGHT / Lime House

Last checked: Checking… • Last updated Apr 23, 2025 •

MLS# PALN2019400 —

The Building

Year Built:

1943
Year Built Source:

Estimated
Roof:

Shingle
New Construction:

No
Construction Materials:

Masonry, Wood Siding, Brick, Concrete
Building Levels:

2
Building Units Total:

3
Structure Type:

Twin/Semi-Detached
Architectural Style:

Traditional
Security Features:

Smoke Detector
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Outside Entrance, Unfinished
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2988

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2988
Living Area SqFt:

2,988 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Settlement

Location

Directions:

GPS
Latitude:

40.33893000
Longitude:

-76.42681000
Location Type:

Downtown

The Property

Property Subtype:

Triplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.07
Lot Size Source:

Assessor
Lot SqFt:

3,049 Sqft
Exclusions:

All tenant personal property
Zoning:

RESIDENTIAL
Road Responsibility:

City/County
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

319
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

02-2337346-369095-0000
Tax Year:

2025
Tax Annual Amount:

$3,374.74
Tax Assessed Value:

$120,900
Year Assessed:

2025
School Tax:

2422.84
County Tax:

398.06
City/Town Tax:

553.84
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Utilities:

Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Lebanon
School District Source:

Listing Agent

The Community

Subdivision Name:

City
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Off Site, Other

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
Single Room Units:

1
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/23/25 Apr 23, 2025	Price Changed	BRIGHT	$298,000	-0.4%
4/9/25 Apr 9, 2025	Price Changed	BRIGHT	$299,050	0.0%
3/25/25 Mar 25, 2025	Listed / Active	BRIGHT	$299,000

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This multifamily located in Lebanon, PA 17042 is currently for sale for $298,000. 916 Cumberland Street is a 2,988 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Harding Elementary School, Lebanon High School, and Lebanon Middle School.

Listing Courtesy of: BRIGHT and Lime House.

The information included in this listing is 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.