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    Lebanon, TN Apartment Buildings for Sale

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    Individually Metered Apartment Community
    Updated: Jun 1
    Individually Metered Apartment Community

    117 Cedarwood Dr, Lebanon, TN 37087

    $5,725,000
    40‑unit multifamily community built in 1970 with a mix of one- and two‑bedroom floorplans
    Strong in‑place occupancy and rents currently below market, with 17 units already renovated
    Ownership invested about $585,000 over the past three years, including exterior improvements and major system upgrades
    Over 70% of HVAC units replaced and the roof replaced in 2018
    Individually metered utilities with the property described as well amenitized
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, TN, 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.

    Three Fourplex Apartment Buildings
    Three Fourplex Apartment Buildings

    2600, 2601 Avalon Court, Bowling Green, KY 42103

    $1,200,000
    0.97 AC lot

    Three well-maintained fourplex buildings offer currently occupied 2-bedroom, 1-bath units in Bowling Green.

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    Renovated 20-Unit Apartment Community
    Renovated 20-Unit Apartment Community

    2003 Straightway Ave, Nashville, TN 37206

    Contact for pricing
    13,528 sqft

    Renovated 20-unit, two-story apartment community offering 13,528 SF in East Nashville.

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    Renovated Multifamily Community in Nashville
    Renovated Multifamily Community in Nashville

    2425 Atrium Way |, Nashville, TN 37214

    $15,375,000

    Newly renovated 123-unit multifamily community in Nashville, Tennessee.

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    Renovated Apartment Building
    Renovated Apartment Building

    999 & 1009 Bryant Way, Bowling Green, KY 42103

    $1,800,000
    0.44 AC lot

    16-unit multifamily property offers a mix of 2- and 3-bedroom layouts with recent HVAC and interior updates.

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    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
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

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

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

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

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    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details

    Lebanon, TN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lebanon, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,725,000.

    Sale prices for two-family homes in Lebanon, TN start at $5,725,000, averaging $5,725,000, and reaching up to $5,725,000 — 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 73K
    Population Growth (5Y) +18.3%
    Median Household Income $81,975
    College Educated 27.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.58%
    Property Tax per SF $64.66 per SF
    Average Loan-to-Value 65.0%

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