Multifamily

Lebanon, KY Multifamily Properties for Sale

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Springfield, KY Campbellsville, KY Bradfordsville, KY Gravel Switch, KY New Hope, KY Loretto, KY Mackville, KY Elk Horn, KY
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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Two-Story Mixed-Use Building
Updated: Jun 23
Two-Story Mixed-Use Building

150 W Main St, Lebanon, KY 40033

$225,000
3,780 sqft
3780 square feet across two stories
B‑1 zoning
First floor includes storefront area, two half bathrooms, and rear mechanical area
Second floor is currently rented and includes a loft area, suite bedroom, kitchen, and appliances
Separate street access for the second floor
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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

202 W Main Street, Lebanon, KY 40033

Contact for pricing
16,500 sqft

Two-story mixed-use property with a full restaurant level and 7 apartments above, plus substantial street frontage.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

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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Renovating Apartment Building
Renovating Apartment Building

4314 Mackville Rd, Harrodsburg, KY 40330

$562,500
6,933 sqft 5.60 AC lot

Former school building is roughed in for apartment units with planned bath/kitchen areas, plus two additional outbuildings.

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Three-Unit Triplex
Three-Unit Triplex

7800 Ky Highway 2141, Hustonville, KY 40437

$199,900
3,180 sqft

Three one-bedroom, one-bath units offer straightforward layouts within a compact multifamily property.

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Three-Unit Triplex
Three-Unit Triplex

7800 Danville Pike, Hustonville, KY 40437

$199,900
3,180 sqft 0.40 AC lot

Residential income property with three separate one-bedroom, one-bathroom units and central air conditioning.

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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.

Vacant Land Near Glendale
Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500
7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

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Off-Market Properties in Lebanon, KY

Consider similar Off-Market properties in Lebanon, KY. 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.

Lebanon, KY 40033
MOBILE HOME PARK, TRAILER PARK

Lebanon, KY 40033

Estimated value:
$335,000
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99 Acr Tatum Acre, Unit 5
MOBILE HOME PARK, TRAILER PARK

99 Acr Tatum Acre, Lebanon, KY 40033

Unit 5
Estimated value:
$255,000
5.99 AC lot
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Lebanon, KY Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Lebanon, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 36,780 square feet of properties for sale, with an estimated market value of $1,124,000.

Sale prices for multifamily properties in Lebanon, KY start at $225,000, averaging $562,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Short term rental properties 2

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 $608K

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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