$225,000 424 N Lebanon Street Lebanon, IN

MLS: 21752391   Type: Pending   County: Boone   City: Lebanon   Area: Center   Neighborhood: Lane   Zip: 46052   Style: TraditonalAmerican     Stories: 2   Taxes: $1,760

Mortgage $1,056 /mo



Half Baths

Sqr Footage

Lot Size








CASH COW! Move your $$ out of low-interest accounts & into RE to earn $27k+ GOI w/ this 4-unit apartment bldg, located in the heart of downtown Lebanon w/in steps of the shops, restaurants, library, park & courthouse. Good rental history w/ low expense for great cashflow & solid ROI. Main flr ftrs two 2BR units w/ access to 1C garages. Upper flr offers two 1BR units. A third garage bay is avlbe & could be leased for more $$. LT tenants in place, low turn-over, professionally managed & could continue to be - this is such EZ MONEY. All apartments individually metered. Sold w/ tenants' rights. Please do not disturb them! Sold AS IS. See attached inspection report & estimate for repairs needed.

Elementary School

Middle School

High School

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Price History

11/14/2020 Listed $225,000
3/10/2021 20% - $182,000

Architectural Style TraditonalAmerican
Carport Spaces 0
Construction Materials Vinyl Siding
Exterior Features Driveway Gravel
Garage Spaces 3
New Construction N
Possible Use Apt<20
Property Attached Y/N N
Property SubType 1-4 Units Residential
Property Type Residential Income
Standard Status Pending
Structure Type Quadruplex, FreeStand
Subdivision Name LANE
Total Rooms 0
Total Units 4
Township Center
Zoning ZO01

Interior Features

Basement (Y/N) Y
Full Baths 0
Half Baths 0
Total Baths 0
Total Bedrooms 0
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 2

Exterior Features

Foundation Details Block, Full
Lot Size Acres 0.165
Road Surface Type Asphalt

Property Schools

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Gallery (15 photos)

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Property vs Zip Code Avg (46052)

Price 225K Avg 258K

Sqr Feet 2,000 Avg 1,821

Cost / Sqr Ft $113 Avg $142

Taxes $1,760 Avg $1,369

Acres 0.165 Avg 5.27

Visits 56 Avg 80

Days on Site 177 Avg 167

Walkscore® 76 Avg 29

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Jennifer Blandford with Carpenter, REALTORS

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN