81-83 E Main Street

Newmanstown, PA
$ 439,000 Beds 3 Baths 1 Sq 2,000
Monthly Estimate* How much can I afford?

This property is being sold with another property next door for a total of $675,000. Next door, 79 E Main Street is a great investment property that can be used together to generate incredible cash flow. Prime investment opportunity at 81?83 E Main Street in Newmanstown, PA! This spacious 3-bedroom, 1-bath property offers approximately 2,000 square feet of living space and delivers strong income potential with projected rents exceeding $40,000 per year. The home provides ample room for tenants, making it highly attractive in today's rental market. What truly sets this property apart is the expansive half-acre lot located behind the home?offering incredible upside for investors looking to build additional rental units and significantly increase cash flow. Whether you?re expanding your portfolio or seeking a property with both immediate income and future development potential, this is a rare find in a growing area. Don?t miss your chance to capitalize on both current returns and long-term value!

ACTIVE

  • Price
  • $ 439,000
  • City
  • Newmanstown
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • LEBANON
  • Half Bathrooms
  • 0
  • Area
  • Millcreek Twp
  • Lot Size
  • 0.23 Acres
  • Zip
  • 17073
  • Sqr Footage
  • 2,000
  • Year Built
  • 1940
  • Taxes
  • $ 2529
  • Style
  • Transitional
  • MLS#
  • PALN2025540
Listed By: John MacDonald with Core Partners Realty - 7177180748;
Data Source: Bright MLS

Features

General

Living Area 2000
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Settlement
Zoning RESIDENTIAL
Architectural Style Transitional
Construction Materials Brick,Wood Siding
School District EASTERN LEBANON COUNTY
Exclusions Tenant property
Year Built 1940
Electric 100 Amp Service
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Accessibility None
County LEBANON
New Construction No
Property Type Residential
HOA No
Subdivision Name NEWMANSTOWN
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 1
Status ACTIVE
Directions Take PA-272 to PA-897/W Swartzville Rd. Take the slight right onto Texter Mountain Rd then turn left onto S Mountain Rd. Continue right onto S Sheridan Rd then turn right onto E Main St. Property wil
City NEWMANSTOWN
Senior Community Y/N No
MLS Area Millcreek Twp (13224)
Lot Size Units Square Feet
Lot Size Square Feet 10019.00
Tax Assessed Value 102100.0
Tax Annual Amount 2529.0
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total AG 219.5
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Total SQFT 2000
Standard Status Active
Year Built Source Assessor

Interior Features

Heating Fuel Oil
Basement Other
Hot Water Oil
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 2000
Central Air Y/N No
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Pool No Pool
Water Source Public
Type of Parking Off Street,On Street
Land Use Code 101
Foundation Details Block
Water View Y/N No
Lot Size Acres 0.23
Lot Size Source Assessor
Waterfront Y/N No
Land Assessed Value 22700.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Bel Air, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/11/2026 Listed $475,000
9/1/2026 8% - $439,000

Property vs Zip Code Average in 17073

Price
AVG $700K
$440K
Taxes
AVG $4,250
$2,529
Year Built
AVG 1991
1940
Visits
AVG 1158
461
Data Provided by Inside Real Estate®

Areas That We Cover

81-83 E Main Street Newmanstown, PA is a Single Family Home for sale at $439000 with 2000 sqft and a lot size of 0.23 Acres Acre(s). 81-83 E Main Street Newmanstown has 3 bedrooms, 1 baths and was built in 1940. The property's zip code is 17073 which is in Newmanstown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.