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.
For sale
Price cut: $1.1K (4/23)
$298,000
916 Cumberland St, Lebanon, PA 17042
3beds
3baths
2,988sqft
Est.:
Triplex
Built in 1943
-- sqft lot
$294,700 Zestimate®
$100/sqft
$-- HOA
What's special
Two residential unitsOff-street parkingPopular sports bar
- 31 days
- on Zillow |
- 693 |
- 17 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 09:03am
Listed by:
Aaron Glick 717-259-3930,
Lime House (717) 840-1355
Source: Bright MLS,MLS#: PALN2019400

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Basement: Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,988
- Total interior livable area: 2,988 sqft
Property
Parking
- Parking features: Off Site, Other
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,049 Square Feet
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0223373463690950000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Masonry, Wood Siding, Brick, Concrete
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: City
Location
- Region: Lebanon
- Municipality: LEBANON CITY
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $120,900
- Annual tax amount: $3,374
- Date on market: 3/26/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: All Tenant Personal Property
- Ownership: Fee Simple
- Total actual rent: 33600
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