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Lebanon, IL Multifamily Properties for Sale

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Lebanon Four-Unit Investment Opportunity
$165,000
2,736 SF

Lebanon Four-Unit Investment Opportunity

204 S Fritz Street, Lebanon, IL 62254

Well-maintained four-unit building near McKendree University.

  • High‑demand area investment opportunity with strong cash flow potential.
  • Well‑maintained 4‑unit building (3 x 1 bed/1 bath, 1 x studio).
  • Convenient location near McKendree University, Scott AFB, and I‑64.
  • Turn‑key solution for investors entering or expanding in the market.
  • Potential for increased rental income with cosmetic improvements.
Updated: Apr 11
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Mixed-Use 4-Plex in Downtown Mascoutah
$425,000
3,838 SF

Mixed-Use 4-Plex in Downtown Mascoutah

Mixed-use 4-plex with commercial and residential income potential.

108-110 E Main Street, Mascoutah, IL 62258
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O'Fallon Four-Unit Investment Property
$449,900
1,080 SF

O'Fallon Four-Unit Investment Property

Well-maintained, fully occupied four-unit property in O'Fallon, Illinois.

O Fallon, IL 62269
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Mascoutah Duplex with Income Potential
$195,000
2,240 SF

Mascoutah Duplex with Income Potential

Two-unit duplex in Mascoutah, ideal for investors or owner-occupants.

44 W Main Street, Mascoutah, IL 62258
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Stabilized Condo Portfolio in O’Fallon
$1,596,555

Stabilized Condo Portfolio in O’Fallon

17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

O Fallon, IL 62269
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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.

Belleville Buildable Residential Lot
Contact for pricing
0.63 Acres

Belleville Buildable Residential Lot

0.66 acre lot in Villa Hills, St. Clair County.

632 Fern Drive, Belleville, IL 62223
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Belleville Land For Sale
Contact for pricing
0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223
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Residential Lot in Park Hills
Contact for pricing
0.26 Acres

Residential Lot in Park Hills

Corner lot suitable for building or mobile home placement.

226 N Large Street, Park Hills, MO 63601
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Recreational Land Near Lake Perry
$90,000
22,215 SF

Recreational Land Near Lake Perry

Half-acre recreational lot with utilities near Lake Perry amenities.

1003 Port Perry Drive, Perryville, MO 63775
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Explore Off-Market Properties in Lebanon, IL

Consider similar Off-Market properties in Lebanon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Rieder Rd

Rieder Rd

MOBILE HOME PARK, TRAILER PARK • 75.61 Acres
Value Estimation by Request
Rieder Rd, Lebanon, IL 62254
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Lebanon, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Lebanon, IL on our real estate platform. These investment opportunities span a total of 3,310,125 square feet of properties for sale, with an estimated market value of $425,000.

Sale prices for multifamily properties in Lebanon, IL start at $165,000, averaging $212,500, and reaching up to $260,000 — 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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