1215 Glenridge ST #5, 6, 7, 8, 9 new Save Request In-Person Tour Request Virtual Tour
Lebanon,MO 65536
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $783
Subdivision Applelane Subdivision
MLS Listing ID 25072622
Style Traditional
Year Built 1999
Annual Tax Amount $10,760
Lot Size 2.260 Acres
Property Sub-Type 5 Family or More
Property Description
Exceptional investment property featuring five apartment buildings with a total of 20 units. Each building offers four well-maintained units with practical layouts and strong rental appeal. Currently, 19 of the 20 units are occupied, and vacancies are rare, typically filling within one week. The property has been well cared for and demonstrates consistent rental income with a solid occupancy history. Conveniently located near schools, shopping, and major highways, this complex attracts long-term tenants and offers easy access for management. A rare opportunity to own a high-performing, multi-family property in Lebanon with proven cash flow and excellent rental stability.
Location
State MO
County Laclede
Area 826 - Lebanon City Limits
Interior
Heating Electric
Cooling Central Air,Electric
Flooring Luxury Vinyl
Exterior
Exterior Feature Private Entrance
Parking Features false
Fence None
Utilities Available Electricity Connected,Sewer Connected,Water Connected
View Y/N No
Roof Type Architectural Shingle
Building
Lot Description Level
Water Public
Structure Type Stone Veneer,Vinyl Siding
Schools
Elementary Schools Lebanon Riii
Middle Schools Lebanon Middle School
High Schools Lebanon Sr. High
School District Lebanon R-Iii
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Standard