Apartment Building

Lebanon, KY Apartment Buildings for Sale

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Two-Story Mixed-Use Building
Updated: Mar 18, 2025
Two-Story Mixed-Use Building

202 W Main Street, Lebanon, KY 40033

$899,000
16,500 sqft 0.24 AC lot
16,500‑square‑foot, two‑story mixed‑use building
Approximately 9,000‑square‑foot restaurant level
Six upper‑level apartments plus one rear apartment
Commercial kitchen with bar, server stations, and walk‑in freezers/coolers
Banquet room with dedicated bathrooms, projectors, and sound system
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1 active listing matches your search: Apartment Building for sale in Lebanon, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated 10-Unit Apartment Building
Updated 10-Unit Apartment Building

115 E Walnut St, Danville, KY 40422

$1,045,000
7,820 sqft

Updated HVAC, refreshed units, and on-site parking support daily operations.

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Five-Unit Apartment Building
Five-Unit Apartment Building

318 Harding St, Danville, KY 40422

$289,900
3,872 sqft 0.20 AC lot

Renovated multifamily property with separately metered electric and rear off-street parking.

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Apartment Building Under Renovation
Apartment Building Under Renovation

4314 Mackville Road, Harrodsburg, KY 40330

$562,500
6,933 sqft 5.60 AC lot

Former school property undergoing apartment conversion with additional buildings on a rural acreage parcel.

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19-Unit Apartment Building
19-Unit Apartment Building

202 S College Street, Harrodsburg, KY 40330

$449,000
8,008 sqft 0.19 AC lot

Historic converted property with natural-gas boiler heat, window A/C units, and updated plumbing and electrical systems.

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Lebanon, KY Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lebanon, KY on our real estate platform. These investment opportunities span a total of 16,500 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for apartment complexes in Lebanon, KY average $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -8.5%
Median Household Income $49,642
College Educated 16.0%

High-Yield Neighborhoods for Investment

Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40033 $899K

Taxes & Financing

Tax Rate (average for all types) 1.12%
Property Tax per SF $11.11 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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