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81-83 E Main St, Newmanstown, PA, 17073

3beds
1baths
2,000sqft
$475,000
$238price/sqft
$3,256/moest. monthly cost
$130,240/yrincome needed

About This Home

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!

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Very Good
  • Year built: 1940

Materials

  • Foundation: Block
  • Construction materials: Brick,Wood Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,000

Heating & Cooling

  • Heating features: Hot Water,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2423974203749330000
  • Zoning: RESIDENTIAL
  • Special condition: Standard
  • Exclusions: Tenant Property

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 10,019 sqft

Parking

  • Parking features: Off Street,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Cold Wave
Drought
Hurricane
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$145$1,740
Property Taxes $486$5,832
Electricity $224$2,692
Total$3,256$39,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,634/yr
40% on housing$97,680/yr
45% on housing$86,826/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 17073$178
Lebanon County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 17073$222
Lebanon County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-11Listed for sale$475,000

For Sale by Agent

AgentJohn MacDonald
BrokerageCore Partners Realty LLC

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