512 Spruce St

Lebanon, PA 17046

$250,000
Price
4
Beds
2
Baths
2,184 Sq. Ft.
$114 / Sq. Ft.
2,184
Sq. Ft.
$114
per Sq. Ft.
Coming Soon
Coming Soon

Description

Great 2-unit investment property in Lebanon. Unit #1 consists of a 1-bedroom on first floor currently rented for $1,030 per month with forced air oil heat. Unit #2 includes a 3-bedroom unit rented at $1,400 per month with electric baseboard heat. Both units have separate electric meters. Ideal for investors seeking a value-add property or an owner-occupant looking to offset expenses with rental income. Conveniently located and priced to sell—don’t miss this opportunity.Great 2-unit investment property in Lebanon. Unit #1 consists of a 1-bedroom on first floor currently rented for $1,030 per month with forced air oil heat. Unit #2 includes a 3-bedroom unit rented at $1,400 per month with electric baseboard heat. Both units have separate electric meters. Ideal for investors seeking a value-add property or an owner-occupant looking to offset expenses with rental income. Conveniently located and priced to sell—don’t miss this opportunity.
  1. Listed by Joseph Fisher • Stoltzfus Realty
    P: (717)-598-3327 josephf@stoltzfusrealty.com

Property Details for 512 Spruce Street

Tax ID Number
05-2338099-372218-0000
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
02-03-2026
Municipality
LEBANON CITY
LISTING UPDATED: 01/30/2026 08:10 AM

Property Details for 512 Spruce Street

StatusComing Soon
MLS #PALN2024486
Days on Market-
Taxes$1,959 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.04 AC / 1,742 SF
CountyLebanon County

Location

Listing Courtesy of Stoltzfus Realty
Add your commute

Building Information for 512 Spruce Street

Stories-Residences2Year Built1940Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$1,382 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,218

Property Taxes

$163

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 512 Spruce Street

Location
Location
  • School District Name: LEBANON
  • School District County ID: 300200397291
  • SchoolDistrictSource: 3rd Party
  • Middle Or Junior School: LEBANON (LEBANON PA)
  • MiddleSchoolSource: 3rd Party
  • High School: LEBANON (LEBANON PA)
  • HighSchoolSource: 3rd Party
  • County: LEBANON
  • MLS Area: Lebanon City (13201)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $59,600
  • Year Assessed: 2025
  • County Tax: $261
  • Improvement Assessed Value: $52,300
  • City Town Tax: $273
  • Land Assessed Value: $7,300
  • Clean Green Assessed: No
  • Land Use Code: 102
  • Zoning: RESIDENTIAL
  • School Tax: $1,425
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Sewer, Water, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Beds Total: 3
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $29,160
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,184.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 10309182
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 512 Spruce Street

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Closed (Public Record)

Public Record #1498569614

$125,000

+27.1% / yr

Apr 29, 2020

Closed (Public Record)

Public Record #669445315

$70,000

+57.0% / yr

Jul 30, 2018

Closed (Public Record)

Public Record #627913222

$31,800—
DateEvent & SourcePrice
09/30/2022

Closed (Public Record)

Public Record #1498569614

$125,000

+27.1% / yr

04/29/2020

Closed (Public Record)

Public Record #669445315

$70,000

+57.0% / yr

07/30/2018

Closed (Public Record)

Public Record #627913222

$31,800

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 Spruce Street

Taxable ValueLand$7,300Additions$52,300Total$59,600
Tax Record2025$1,920 ($160 / month)
Home Facts
Baths2Total Finished SqFt2,184 SqFtAbove Grade Finished SqFt2,184 SqFtStories3Lot Size1,742 SqFtStyleDuplexYear Built1940CountyLEBANONAPN05-2338099-372218-0000

Schools near 512 Spruce Street

This home is within Lebanon School District.
Rating
School
Type
Grades
Distance
Northwest El School
Public - PK to 5
Lebanon Middle School
Public - 6 to 8
Lebanon Senior High School
Public - 9 to 12
Lebanon Catholic School
Private - PK to 12
Rating
School
Distance
Northwest El School
PublicPK to 5

Lebanon Middle School
Public6 to 8

Lebanon Senior High School
Public9 to 12

Lebanon Catholic School
PrivatePK 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.

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More information about 512 Spruce Street, Lebanon, PA 17046

512 Spruce Street is a multi-family home Coming Soon in Lebanon, PA 17046. This property is currently priced at $250,000. This listing's school district is Lebanon School District. Nearby schools include Northwest El School, Lebanon Middle School and Lebanon Senior High School. 512 Spruce Street is a 4-bed, 2-bath, 2,184 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stoltzfus Realty

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.