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    705 Mulberry St, Unit Lebanon Lebanon, TN 37087

    For Sale
    $269,900

    Investor opportunity: renovate, redevelop, or build townhomes.

    Property size:
    1,721 SF
    Lot size:
    0.32 Acres

    Property Features for 705 Mulberry St

    General Information

    Standard status
    Active
    Size
    1,721 SF
    Lot size
    0.32 Acres

    Building Details

    Year built
    1950

    Source: THE HUFFAKER GROUP, LLC Agent DAVID HUFFAKER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Income Property with Redevelopment Potential

    This residential income property presents an investor opportunity with renovation potential. Sold as-is, the property is zoned R2, allowing for an easy two-unit duplex. The zoning also qualifies for up to a four-unit density. The adjacent property at 701 Mulberry is also listed, offering the possibility of combining the properties for multiple renovation projects or clearing both to build seven to eight townhomes. The property size is 1721 square feet. This property offers several opportunities for redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.285001
    Latitude
    36.21712

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    FAQs

    What type of property is this?
    Duplex - Investor opportunity: renovate, redevelop, or build townhomes.
    Where is this duplex located?
    The property is located at 705 Mulberry St, Unit Lebanon Lebanon, TN.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - R2 zoning allows for easy 2-unit duplex development, with potential for up to 4-unit density.; - Investor opportunity with renovation or redevelopment potential.; - Opportunity to combine with adjacent property at 701 Mulberry for larger projects.
    (615) 208-3285
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    705 Mulberry St, Unit Lebanon Lebanon, TN 37087
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    Lebanon, TN 37087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Mulberry St, Unit Lebanon Lebanon, TN 37087
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