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    Lebanon, KY Apartment Buildings for Sale

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    Springfield, KY Bradfordsville, KY Campbellsville, KY
    Mixed-Use Building in Downtown Lebanon
    $899,000
    16,500 SF
    Mixed-Use Building in Downtown Lebanon

    202 W Main Street, Lebanon, KY 40033

    Two-story mixed-use building with restaurant and apartments in downtown Lebanon.
    • Mixed‑use building featuring a fully equipped 9000 sq ft restaurant space with a commercial kitchen, bar, and banquet room.
    • Seven apartments on the second story, ideal for rentals.
    • Prime downtown location on Main Street Corner with 225 feet of street frontage.
    • Restaurant includes server stations, projectors, sound system, and walk‑in freezers/coolers.
    • Banquet room has its own bathrooms.
    Updated: Mar 18, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Harrodsburg Multifamily Investment Opportunity
    $1,925,000
    23,000 SF
    Harrodsburg Multifamily Investment Opportunity

    Portfolio of 7 well-maintained brick duplexes, 14 units total.

    702-728 Parkway Avenue, Harrodsburg, KY 40330

    View details
    Brick Apartment Building Portfolio
    $5,990,000
    1.12 Acres
    Brick Apartment Building Portfolio

    Brick 52-unit multifamily property with 2-bedroom, 1-bath units across 12 buildings.

    1055 N Buckman Street, Shepherdsville, KY 40165

    View details
    Harrodsburg 19-Unit Income Property
    $475,000
    8,008 SF
    Harrodsburg 19-Unit Income Property

    19-unit income property in downtown Harrodsburg generating $8,900 monthly.

    202 S College Street, Harrodsburg, KY 40330

    View details
    Turnkey Multifamily Investment Opportunity
    $5,990,000
    Turnkey Multifamily Investment Opportunity

    52-unit multifamily property in Shepherdsville with recent renovations.

    1055 N Buckman St, Shepherdsville, KY 40165

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    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 two-family homes in Lebanon, KY start at $899,000, averaging $899,000, and reaching up to $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

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

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    Residential Income

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