24 Ridge Avenue
Description
1st floor unit is a 2 bedroom, 1 bath with hardwood floors. Second floor is a 1 bedroom, 1 bath. Current rent is much lower than the market will bear. Projected rents $1200 for first floor, $1000 for second floor and $100 for each garage.Great opportunity to have your tenant pay for your mortgage. Live in one and rent the other unit in this rare opportunity in South Lebanon. Well-maintained 2 unit with additional income from a 2 car garage.
1st floor unit is a 2 bedroom, 1 bath with hardwood floors. Second floor is a 1 bedroom, 1 bath. Current rent is much lower than the market will bear. Projected rents $1200 for first floor, $1000 for second floor and $100 for each garage.
- Listed by: Joseph W Wentzel 717.270.2154 joew@pennrealtyltd.com • Penn Realty, LTD
- Listed by: Brenda Y. Wentzel 717.964.3800 brendah@pennrealtyltd.com • Penn Realty, LTD
Recent comparable sales
Median sold price
$252,000
Avg days on market
23
Sale-to-list ratio
98.6%
Lebanon, PA
9 comparable properties found
$252,000
Sold 07/02/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,722
- Square Feet
- 0.06
- Acres
$240,000
Sold 08/28/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,328
- Square Feet
- 0.05
- Acres
$235,000
Sold 09/05/25
- 3
- Bedrooms
- 3
- Bathrooms
- 1,732
- Square Feet
- 0.07
- Acres
$250,000
Sold 10/27/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,532
- Square Feet
- 0.17
- Acres
$270,000
Sold 08/21/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,688
- Square Feet
- 0.13
- Acres
Location
Sold By Berkshire Hathaway Homesale Realty
Payment Calculator
$1,488 per month
30 year fixed, 6.55% Interest
$1,271
$217
$0
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1Property Information for 24 Ridge Avenue
- Taxes: $2,603 / year
- MLS Type: Multi-Family / Fee Simple
- County: Lebanon County
- Tax ID Number: 30-2342413-365396-0000
- Ownership: Fee Simple
- Structure Type: Detached
- Style: Cape Cod, Converted Dwelling
- Waterfront: No
- Garage: Yes
- Municipality: SOUTH LEBANON TWP
- Total Parking Spaces: 4
- Central Air: No
- Basement: Yes
- Above Grade Finished SQFT: 1,680.00
- Above Grade Fin SQFT Source: Assessor
- Below Grade Finished SQFT: .00
- Below Grade Fin SQFT Source: Assessor
- Below Grade Unfinished SQFT: .00
- Below Grade Unfin SQFT Source: Assessor
- Total Below Grade SQFT: .00
- Total Below Grade SQFT Source: Assessor
- New Construction: No
- Residences: 2
- Year Built: 1948
- Lot Size: 0.17 AC / 7,405 SF
- School District Name: CORNWALL-LEBANON
- School District County ID: 300200397385
- SchoolDistrictSource: Listing Agent
- Elementary School: SOUTH LEBANON (LEBANON PA)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: CEDAR CREST (LEBANON PA)
- MiddleSchoolSource: Listing Agent
- High School: CEDAR CREST (LEBANON PA)
- HighSchoolSource: Listing Agent
- County: LEBANON
- MLS Area: South Lebanon Twp (13230)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $116,300
- Year Assessed: 2022
- County Tax: $452
- Improvement Assessed Value: $100,500
- City Town Tax: $207
- Land Assessed Value: $15,800
- Clean Green Assessed: No
- Land Use Code: 102
- Zoning: RESIDENTIAL
- School Tax: $1,943
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Heat, Heater Maintenance Contract, Sewer, Taxes - Real Estate, Water
- Concessions: No
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2
- Units Furnished: None
- Units Leased Count: 1
- Number Of Units Vacant: 1
- Number Of Units Month To Month: 1
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Lease Type: None
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Type: Unit 2
- Level: 2
- Unit Type Lease Type: Month to Month
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Water Avg Month: $35
- Water Prev 12 Months: $420
- Heating Oil Avg Month: $251
- Heating Oil Prev 12 Months: $3,012
- Annual Rental Income: $8,400
- Existing Lease Type: Month to Month
- Building Units Total: 2
- Total Finished SQFT: 1,680.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,680.00
- Total SQFT: 1,680.00
- Total SQFT Source: Assessor
- Construction Materials: Brick, Aluminum Siding, Stick Built
- Roof: Asphalt
- Wall and Ceiling Types: Plaster Walls
- Flooring Type: Carpet, Hardwood, Vinyl
- Basement Type: Full, Interior Access
- Foundation Details: Block
- Lot Size Source: Assessor
- Lot Features: Level
- Parcel ID: 10347643
- Type Of Parking: Detached Garage, Driveway, Off Street
- Num of Detached Garage Spaces: 2
- Driveway - # of Spaces: 2
- Total Garage Spaces: 2
- Parking Features: Asphalt Driveway
- Garage Features: Additional Storage Area, Other, Garage Door Opener
- Interior Features: 2nd Kitchen, Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Tub Shower, Wood Floors
- Fireplaces Count: 1
- Appliances: Oven/Range - Electric, Refrigerator
- Accessibility Features: None
- Exterior Features: Sidewalks, Street Lights
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Hot Water
- Heating Fuel: Oil
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service, Circuit Breakers
- List Agent AOR: Lebanon County Association of REALTORS
- List Agent URL: www.pennrealtyltd.com
Property History for 24 Ridge Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 31, 2023 | Closed BRIGHT #PALN2008866 | $250,000 | — |
| May 22, 2023 | Closed (Public Record) Public Record #1512488669 | $250,000 | +16.8% / yr |
| Apr 12, 2023 | Pending BRIGHT #PALN2008866 | — | |
| Mar 14, 2023 | Listed (Active) BRIGHT #PALN2008866 | — | |
| Mar 13, 2023 | Pending BRIGHT #PALN2008866 | — | |
| Mar 6, 2023 | Listed (Active) BRIGHT #PALN2008866 | $249,900 | — |
| Oct 17, 2017 | Closed (Public Record) Public Record #608993904 | $105,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/31/2023 | Closed BRIGHT #PALN2008866 | $250,000 |
| 05/22/2023 | Closed (Public Record) Public Record #1512488669 | $250,000 +16.8% / yr |
| 04/12/2023 | Pending BRIGHT #PALN2008866 | — |
| 03/14/2023 | Listed (Active) BRIGHT #PALN2008866 | — |
| 03/13/2023 | Pending BRIGHT #PALN2008866 | — |
| 03/06/2023 | Listed (Active) BRIGHT #PALN2008866 | $249,900 |
| 10/17/2017 | Closed (Public Record) Public Record #608993904 | $105,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 24 Ridge Avenue
Schools near 24 Ridge Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
South Lebanon El School PublicK to 5 | ||
Cedar Crest Middle School Public6 to 8 | ||
Cedar Crest High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 17042
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 24 Ridge Avenue, Lebanon, PA 17042 | $250,000 | 3 | 2 | 1,680 | 7,405 |
$199,000 | 3 | 2 | 2,084 | 9,583 | |
– | 3 | 2 | 1,231 | 12,197 | |
– | 4 | 2 | 2,464 | 14,375 | |
$138,000 | 3 | 2 | – | 6,970 | |
– | 3 | 2 | 1,494 | 6,534 | |
$92,500 | 4 | 1 | 1,344 | – | |
$169,900 | 3 | 2 | 1,387 | 7,840 | |
$146,300 | 3 | 3 | 1,576 | 11,326 | |
$122,500 | 3 | 2 | 1,797 | – | |
– | 2 | 1 | 1,020 | 11,326 | |
– | 3 | 1 | 1,230 | 13,504 | |
$185,000 | 5 | 3 | 2,942 | 11,325 | |
– | – | 1 | 380 | 8,276 | |
$142,000 | – | – | 1,492 | 7,840 | |
– | 2 | 2 | 1,604 | 12,632 |
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Listing Courtesy of Penn Realty, LTD
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.