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    Lebanon, TN
    Multifamily

    Lebanon, TN Multifamily Properties for Sale

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    Castalian Springs, TN Mount Juliet, TN Watertown, TN Gallatin, TN Gordonsville, TN Hartsville, TN Old Hickory, TN Brush Creek, TN
    Turnkey All-Brick Duplex
    Updated: Jul 18
    Turnkey All-Brick Duplex

    721 Kent Dr, Lebanon, TN 37087

    $375,000
    1,682 sqft
    All‑brick duplex built in 1967 with two 2‑bedroom, 1‑bath units
    Fully renovated interiors with updated flooring including wood and laminate
    New roof in 2020 plus brand‑new HVAC systems in 2024 and 2025
    Tenants pay all utilities—electricity, water, sewer—and lawn care
    Individual utility meters for each unit and shared washer/dryer hookups
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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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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    126 Holloway Dr, Lebanon, TN 37087

    Contact for pricing
    2,400 sqft

    Residential duplex with two occupied units, flexible lease terms, and tenant-paid utilities.

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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
    Leeville Pike R2 Zoned Lot
    Leeville Pike R2 Zoned Lot

    438 Leeville Pike, Lebanon, TN 37087

    $150,000

    Residential lot zoned R2, suitable for single or duplex construction.

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    Land, Mixed Use
    Land, Mixed Use

    900 Carthage Hwy, Lebanon, TN 37087

    Contact for pricing

    Residential land & home lots

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Lebanon, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Duplex with Private Entrances
    Duplex with Private Entrances

    536 Raleigh Dr, Hermitage, TN 37076

    $450,000
    1,325 sqft

    One unit is vacant, while the other has a tenant in place, providing two distinct occupancy options.

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    3-Bedroom Duplex with Fireplace
    3-Bedroom Duplex with Fireplace

    811 Netherlands Dr, Hermitage, TN 37076

    $272,000
    1,135 sqft

    Renovated kitchen, private patio, and spacious yard support comfortable residential use in a two-unit property.

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    Fully Occupied Quadplex
    Fully Occupied Quadplex

    147 Brush Hill Ct, Gallatin, TN 37066

    $499,900
    3,192 sqft

    Four individually metered units with tenant-paid utilities and in-unit washer and dryer connections.

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    16-Unit Apartment Building
    16-Unit Apartment Building

    1059 Woods Ferry Rd, Gallatin, TN 37066

    $2,100,000

    Multifamily property with recent building upgrades, selected unit renovations, individually metered electric service, and on-site laundry.

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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.

    Land with Utilities Near Lake
    Land with Utilities Near Lake

    Holmes Creek Rd lot: 1, Smithville, TN 37166

    Contact for pricing
    0.43 AC lot

    Land with utilities ready for camper or mobile home near lake.

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    Off-Market Properties in Lebanon, TN

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

    118 Webster St
    MOBILE HOME PARK, TRAILER PARK

    118 Webster St, Lebanon, TN 37087-2050

    Estimated value:
    $350,000
    6.47 AC lot
    View details
    12 Franklin Rd
    MOBILE HOME PARK, TRAILER PARK

    12 Franklin Rd, Lebanon, TN 37087-4087

    Estimated value:
    $2,745,000
    9,656 sqft 1.25 AC lot
    View details
    3961 Coles Fry Pike
    MOBILE HOME PARK, TRAILER PARK

    3961 Coles Fry Pike, Lebanon, TN 37087-9492

    Estimated value:
    $345,000
    2,100 sqft 10.32 AC lot
    View details
    5628 Bluebird Rd
    MOBILE HOME PARK, TRAILER PARK

    5628 Bluebird Rd, Lebanon, TN 37090-9756

    Estimated value:
    $385,000
    756 sqft 5.43 AC lot
    View details
    200 Bartons Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    200 Bartons Crk Rd, Lebanon, TN 37090-6003

    Estimated value:
    $355,000
    2.85 AC lot
    View details

    Lebanon, TN Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Lebanon, TN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,082 square feet of properties for sale, with an estimated market value of $6,250,000.

    Sale prices for multifamily properties in Lebanon, TN start at $150,000, averaging $2,083,333, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 73K
    Population Growth (5Y) +18.3%
    Median Household Income $81,975
    College Educated 27.7%

    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
    37087 $2.1M

    Taxes & Financing

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

    How Realmo verifies these figures

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