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    Lebanon, TN
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    Lebanon, TN Multifamily Properties for Sale

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    Mount Juliet, TN Watertown, TN Gallatin, TN Gordonsville, TN Hartsville, TN Castalian Springs, TN Old Hickory, TN Hermitage, TN
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    Four-Unit Residential Income Property
    Updated: Jul 2, 2025
    Four-Unit Residential Income Property

    110 Ten Throw Drive, Lebanon, TN 37087

    $1,499,900
    3,869 sqft
    Four‑unit residential income property: new construction 4 bed/4.5 bath home plus rented 2‑1 and 2‑1 duplex and a 3 bed/2 bath ranch
    New metal roof and 2 new HVAC units
    New parking pads in front of each unit
    New construction home: open living and formal dining, main‑floor bedroom with full bath, three upper bedrooms each with an en‑suite bath, including a large primary
    New construction home includes fenced yard and rocking‑chair front porch
    View details
    Two-Unit Duplex with Granite Kitchens
    Updated: Aug 21
    Two-Unit Duplex with Granite Kitchens

    224 Jennings Ave, Lebanon, TN 37087

    $299,999
    3,294 sqft
    Two 3‑bedroom units totaling 3,294 SF
    One unit offers single‑level living with 2 full baths
    Second residence spans two stories with 2.5 baths and upstairs bedrooms
    Both kitchens include granite countertops and appliances
    Built in 1988
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    Turnkey All-Brick Duplex
    Turnkey All-Brick Duplex

    721 Kent Dr, Lebanon, TN 37087

    $375,000
    1,682 sqft

    Fully renovated all-brick duplex with two 2-bedroom, 1-bath units and individual utility meters.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Individually Metered Apartment Community
    Individually Metered Apartment Community

    117 Cedarwood Dr, Lebanon, TN 37087

    $5,725,000

    40-unit apartment community built in 1970 with one- and two-bedroom units and individually metered utilities.

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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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    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 18 Potential Opportunities for your consideration. Besides 7 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 2 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.

    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    301 Andrew Jackson Pl, Hermitage, TN 37076

    $349,999
    2,072 sqft

    Both residences are leased and feature new LVP flooring and vinyl blinds.

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    Duplex with Central Air
    Duplex with Central Air

    1004 Rachels Square Dr, Hermitage, TN 37076

    $359,900
    2,000 sqft

    Income-producing residential property with central HVAC and a 1985 construction date.

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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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    Individually Deeded 4-Unit Townhomes
    Individually Deeded 4-Unit Townhomes

    1136 Lock 4 Road, Gallatin, TN 37066

    Contact for pricing
    4,848 sqft

    Just-completed, currently vacant four-unit townhouse building with individually deeded units and 2-bed, 2.5-bath layouts.

    View details

    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.

    Residential Land Ready to Build
    Residential Land Ready to Build

    6 McNabb Lane, Lafayette, TN 37083

    $79,900
    0.82 AC lot

    Ready-to-build residential land suitable for multi-family development.

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    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

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

    12 Franklin Rd, Lebanon, TN 37087-4087

    $2,745,000
    Estimated value
    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

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

    5628 Bluebird Rd, Lebanon, TN 37090-9756

    $385,000
    Estimated value
    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

    $355,000
    Estimated value
    2.85 AC lot
    View details

    Lebanon, TN Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Lebanon, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 11,245 square feet of properties for sale, with an estimated market value of $8,049,899.

    Sale prices for multifamily properties in Lebanon, TN start at $150,000, averaging $1,609,979, 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 4
    Apartment buildings 1
    Quadplexes 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 $1.6M

    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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