Incredible Investment Opportunity - 4 Homes, One Lot, Endless PotentialDon't miss this rare chance to own four individual single-family homes all situated on one oversized corner lot in the heart of Lebanon. Each home features 2 bedrooms and 1 bathroom, making them ideal for rental income, short-term leasing, or a multi-generational living setup. The convenience of having all units on a single parcel simplifies management, maintenance, and long-term investment planning.Two homes are already tenant-occupied, offering immediate income, while the other two are ready for renovation--with many key materials already purchased and included in the sale. This is the perfect setup for investors looking to add value quickly and start generating cash flow. All four units boast brand new roofs, and the remodeled homes have updated electrical, drywall, plumbing, and more.With a list price of just $300,000, this package provides strong upside potential in a growing rental market. Whether you're a seasoned investor or just getting started, this is a smart buy that checks all the boxes: location, flexibility, and room to build equity.
Active
$300,000
595 Chestnut Street, Lebanon, MO 65536
--beds
--baths
--sqft
Est.:
Package Single Family Homes
Built in 1965
-- sqft lot
$285,500 Zestimate®
$--/sqft
$-- HOA
What's special
Updated electrical drywall plumbingBrand new roofsCorner lotOversized corner lot
- 22 days
- on Zillow |
- 237 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 10:57am
Listed by:
Douglas Lutz 417-616-9846,
Keller Williams,
Jordan L. Rhodes 417-258-5577,
Keller Williams
Source: SOMOMLS,MLS#: 60290993

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Property
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 200x50
Details
- Parcel number: 131002003032007000
- Zoning: RS-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package Single Family Homes
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Laclede-Not in List
Location
- Region: Lebanon
Financial & listing details
- Annual tax amount: $860
- Date on market: 4/4/2025
- Listing terms: Cash,1031 Exchange,Conventional
- Lease term: Month To Month
- Total actual rent: 1700
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