Residential Income

Lebanon, TN Residential Income Properties for Sale

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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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Updated Residential Income Property
Updated Residential Income Property

1734 Summerplace Dr, Lebanon, TN 37087

$460,000
1 unit  Built 2001

Three-bedroom condo in a 55+ community with multiple bathrooms, upgraded interiors, and low-maintenance exterior care.

Gas fireplace  Community clubhouse  Pergola
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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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5 active listings match your search: Residential Income for sale in Lebanon, TN. Based on your search, we've also compiled 21 Potential Opportunities for your consideration: 4 properties in nearby cities, 13 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Side-by-Side Duplex
Side-by-Side Duplex

300 Tyne Blvd, Old Hickory, TN 37138

$299,900
2 units  2,458 sqft  1 building

Two matching units feature split-level layouts with bedrooms above and living areas and kitchens below.

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Fully Occupied Quadplex
Fully Occupied Quadplex

147 Brush Hill Ct, Gallatin, TN 37066

$499,900
4 units  3,192 sqft  Built 1984
100% occupied / 9.1% cap rate / $51,960 gross income

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
16 units

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

On-site laundry
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Land, Old Hickory, TN
Land, Old Hickory, TN

1586 Needmore Road, Old Hickory, TN 37138

$999,999
9 acres

Residential land & home lots · 9.00 Acres

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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.

22.63 Acres in Gladeville
22.63 Acres in Gladeville

507 Fellowship Rd, Mount Juliet, TN 37122

$669,000
22.63 acres

Prime Gladeville location with 1,287 feet of road frontage.

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Rare Nashville Land Opportunity
Rare Nashville Land Opportunity

417 Nawakwa Trl, Madison, TN 37115

$799,900
9 acres

9+ acre lot near downtown Nashville with development potential.

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Nashville Land Development Opportunity
Nashville Land Development Opportunity

21 N Hill Street, Nashville, TN 37210

South Nashville
$300,000
0.11 acres

RM20 zoned land suitable for two new homes.

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Fisk/Meharry Development Opportunity
Fisk/Meharry Development Opportunity

0 12th Ave N, Nashville, TN 37208

North Nashville
$3,000,000

24-unit residential development opportunity in North Nashville's Fisk/Meharry corridor.

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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
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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
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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
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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
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109 South & Callis Rd
Land

109 South & Callis Rd, Lebanon, TN 37090

Estimated value: by Request
16.00 AC lot
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2600 Tater Peeler Rd
Land

2600 Tater Peeler Rd, Lebanon, TN 37090

Estimated value: by Request
205.00 AC lot
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1436 Rutledge Ln
Land

1436 Rutledge Ln, Lebanon, TN 37087

Estimated value: by Request
10.00 AC lot
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Dickerson Chapel Rd
Land

0 Dickerson Chapel Rd, Lebanon, TN 37087

Estimated value: by Request
17.00 AC lot
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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 Residential Income Properties Market Trends and Statistics

Explore 18 residential income properties for sale in Lebanon, TN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,682 square feet of properties for sale, with an estimated market value of $6,710,000.

Sale prices for residential investment properties in Lebanon, TN start at $150,000, averaging $1,677,500, 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

Multifamily properties 5
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 $1.7M

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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