201 Keaton St

Active

Lebanon, TN 37087

3
Bedrooms
2.5
Bathrooms
2,775.00
Sq Ft
0.6600
Acres
Updated 21 minutes ago MLS #: 3187037 Listed 1 month ago

$499,000.00

Est. Monthly: $2,408.39
$180
Per Sq Ft

About This Property

Unique Multi-Use Opportunity on .66 Acres, Discover the versatility of this newly renovated ranch-style property offering endless possibilities for multi-generational living, income-producing rental use. Situated on a spacious .66-acre lot, this property features a 4-bedroom, 2.5-bath main home plus a detached structure with 1 bedroom and plumbing in place for a future kitchen and bath. The main residence is thoughtfully designed with two kitchen/kitchenette and dual laundry areas, making it ideal for separate living quarters or short-term rental configurations. Enjoy recent upgrades throughout, including a beautifully updated kitchen with granite countertops and stainless steel appliances, along with new flooring, fresh paint, updated plumbing and electrical. The detached building adds even more flexibility—perfect for an in-law suite, guest house, office, or additional rental income stream. Whether you're looking to accommodate extended family, generate rental income (2–3 units possible), this property delivers unmatched adaptability.

Location

Subdivision None
Directions I40E to South Hartmann Dr, Left off ramp. Right on W. Main. Right on Dawson. Left on W. Spring. Right on Keaton. Home is on the left.

Interior Features

Interior Features Ceiling Fan(s)
Fireplaces 1
Heating Central,Heat Pump
Cooling Central Air,Electric
Flooring Laminate,Tile
Appliances Electric Oven,Electric Range,Dishwasher,Microwave
Basement Crawl Space

Exterior & Property

Architectural Style Ranch
Stories 1
Construction Materials Brick
Patio/Deck Features Deck
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
Property Sub Type Single Family Residence
Year Built 1950
Annual Taxes $1,872.00
Listing Office Crye-Leike, Inc., REALTORS
Listing Agent Traci Johnson Ardovino
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-06-09T05:38:11+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.

Market Insights

Explore market data for Lebanon and the None neighborhood

Lebanon Market

City-wide statistics

Explore Lebanon
763
Active Listings
$998,172.52
Avg Price
2,331
Avg Sq Ft
3.5
Avg Bedrooms

None

Neighborhood statistics

Explore None
82
Active Listings
$897,330.33
Avg Price
1,924
Avg Sq Ft
2.8
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3187037

Currently active listing

1 month ago • May 4, 2026

36 days on market

$499,000.00