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505 W Spring St

Active

Lebanon, TN 37087

Bedrooms
0
Bathrooms
3,178.00
Sq Ft
Acres
Updated 36 minutes ago MLS #: 3117901 Listed 2 months ago

$555,900.00

Est. Monthly: $2,683.02
$175
Per Sq Ft

About This Property

Attention Investors!!! Value-add 5-unit multifamily investment in Lebanon, TN offering strong income potential.. Wonderful opportunity to own a 5 unit rental in historic Lebanon TN. Great location right down the street from Cumberland University.

Location

Subdivision n/a
Directions From Exit 236 South Hartman Dr follow it to Leeville Pk turn. left on Castle Heights turn right on to W. Spring St Unit is on the left

Interior Features

Heating Central,Electric
Cooling Electric,Wall/Window Unit(s)
Flooring Laminate,Vinyl

Exterior & Property

Stories 2
Construction Materials Hardboard Siding
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School Byars Dowdy Elementary
6-8
Middle School Winfree Bryant Middle School
9-12
High School Lebanon High School

Property Details

Property Type Residential Income
Year Built 1949
Annual Taxes $2,546.00
Listing Office Jamison Durham Real Estate
Listing Agent Keith Boykin
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-23T09:39:39+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

More MLS Information

Market Insights

Explore market data for Lebanon and the n/a neighborhood

Lebanon Market

City-wide statistics

Explore Lebanon
734
Active Listings
$1,022,824.59
Avg Price
2,406
Avg Sq Ft
3.5
Avg Bedrooms

n/a

Neighborhood statistics

Explore n/a
30
Active Listings
$1,963,919.57
Avg Price
2,614
Avg Sq Ft
3.4
Avg Bedrooms

Price History

Recent price changes for this property

Feb 27, 2026
Price Decrease
$5,799.00 → $5,559.00
$240.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3117901

Currently active listing

2 months ago • Jan 29, 2026

84 days on market

$555,900.00

Originally: $579,900.00

Explore the Area

Explore Lebanon

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734 active listings • Avg $1,022,824.59

Explore n/a

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30 active listings • Avg $1,963,919.57