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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Commercial Land with Rental Income
Updated: Jul 3, 2025
Commercial Land with Rental Income

809 Carthage Hwy, Lebanon, TN 37087

$1,000,000
2,404 sqft
Investment opportunity: 4 fully leased rental houses provide immediate income.
Commercial zoning allows for potential redevelopment into condos, townhomes, or other commercial ventures.
Seller financing available.
All houses remodeled within the past 5 years.
All mechanicals in good working condition.
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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Updated Residential Income Property
Updated Residential Income Property

1734 Summerplace Dr, Lebanon, TN 37087

$460,000

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

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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 28 Potential Opportunities for your consideration. Besides 7 Active listings in Lebanon, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 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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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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All-Brick Duplex with Basement
All-Brick Duplex with Basement

1116 Langwood Dr, Gallatin, TN 37066

$399,000
1,576 sqft

Two separately configured units with updated exterior features, private entries, and flexible basement storage space.

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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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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 Available in Wilson County
Land Available in Wilson County

104 Trousdale Ferry Pike, Lebanon, TN 37087

$559,900

Land for sale in Wilson County, Tennessee.

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Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

151 Angels Cove Ln., Lebanon, TN 37087

$169,900
0.82 AC lot

Build-ready lakefront land in a gated community with civil engineering and custom architectural plans included.

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Lebanon Acreage Homesite Opportunity
Lebanon Acreage Homesite Opportunity

8870 Highway 109 N, Lebanon, TN 37087

$329,000
4.37 AC lot

4.369-acre homesite in Lebanon, Tennessee, near Old Hickory Lake.

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22.63 Acres in Gladeville
22.63 Acres in Gladeville

507 Fellowship Rd, Mount Juliet, TN 37122

$669,000
22.63 AC lot

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

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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
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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
View details
109 South & Callis Rd
Land

109 South & Callis Rd, Lebanon, TN 37090

Estimated value:
No data
16.00 AC lot
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2600 Tater Peeler Rd
Land

2600 Tater Peeler Rd, Lebanon, TN 37090

Estimated value:
No data
205.00 AC lot
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Lebanon Rd
Land

0 Lebanon Rd, Lebanon, TN 37087

Estimated value:
No data
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Mccrary Rd
Farms

0 Mccrary Rd, Lebanon, TN 37090

Estimated value:
No data
88.00 AC lot
View details
1436 Rutledge Ln
Land

1436 Rutledge Ln, Lebanon, TN 37087

Estimated value:
No data
10.00 AC lot
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4130 Lebanon Rd
Land

4130 Lebanon Rd, Lebanon, TN 37087

Estimated value:
No data
2.00 AC lot
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892 Woodall Rd
Land

892 Woodall Rd, Lebanon, TN 37090

Estimated value:
No data
19.52 AC lot
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Dickerson Chapel Rd
Land

0 Dickerson Chapel Rd, Lebanon, TN 37087

Estimated value:
No data
17.00 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 Residential Income Properties Market Trends and Statistics

Explore 20 residential income properties for sale in Lebanon, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 6,486 square feet of properties for sale, with an estimated market value of $7,710,000.

Sale prices for residential income properties in Lebanon, TN start at $150,000, averaging $1,542,000, 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
Single family properties 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 $1.4M

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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