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  • $1,500,000

    11901 State Highway 32, Lebanon, MO 65536

    7beds
    3,064sqft
    : 
    $9,308/mo
    Get pre-qualified
    Multiple Residences
    Built in 1970
    40 Acres Lot
    $1,373,200 Zestimate®
    $490/sqft
    $-- HOA

    What's special

    Scenic pondSix rv hookups
    Exceptional Multi-Income Investment Opportunity in Lebanon, Mo!Discover an incredible investment property offering multiple income streams and endless potential. At the heart of the property is a 3,039 sq. ft. former convenience store and gas station, ready to be reopened or repurposed for a variety of commercial uses.Also included are 4,000 sq. ft. of on-site storage units, providing an established opportunity for recurring rental income. Across the scenic pond, you'll find five charming 432 sq. ft. cabins and six RV hookups, creating excellent potential for vacation rentals, campground income, or extended-stay accommodations.Additional improvements include a 1,170 sq. ft. garage building, offering ample space for storage, maintenance, or workshop use.The property also features three mobile homes, with two measuring 924 sq. ft. each and a third offering 1,216 sq. ft., making them ideal for long-term rentals, employee housing, or owner occupancy.The property is serviced by three lagoons, one septic tank with lateral lines, and two wells. The operating well, located behind the storage units, serves the entire property. A second well, located near the partially finished house, serves only that house and is currently turned off.Whether you're an investor looking to diversify your portfolio or an entrepreneur seeking a versatile income-producing property, this unique offering presents exceptional flexibility and unlimited possibilities. Property is being sold as-is.
    51 days
    209
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea S Rogers 417-733-2209,

    Rogers & Associates Realty, LLC

    Source: SOMOMLS as distributed by MLS GRID,MLS#: 60328821MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Wall Furnace, Electric, Propane
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Cooktop, Built-In Electric Oven, Microwave, Refrigerator
      • Laundry: Main Level
      Features
      • Flooring: Vinyl, Linoleum
      • Has basement: No
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 3,064
      • Total interior livable area: 3,064 sqft
      • Finished area above ground: 3,064
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Fencing: Barbed Wire
      • Waterfront features: Pond
      Lot
      • Size: 40 Acres
      • Features: Acreage
      Details
      • Parcel number: 149.031000000007.000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Multiple Residences
      Materials
      • Metal Siding, Vinyl Siding
      • Foundation: Block, Slab
      • Roof: Metal
      Condition
      • Year built: 1970

      Utilities & green energy

      • Sewer: Septic Tank, Lagoon
      • Water: Private

      Community & HOA

      Community
      • Subdivision: N/A
      Location
      • Region: Lebanon

      Financial & listing details

      • Price per square foot: $490/sqft
      • Tax assessed value: $309,000
      • Annual tax amount: $3,243
      • Date on market: 7/14/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt
      • Body type: Double Wide,Single Wide

        Estimated market value

        $1,373,200

        $1.29M - $1.44M

        $2,699/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$1,500,000$490/sqft
        Source: SOMOMLS as distributed by MLS GRID #60328821 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,746 +10.3%$65,630 +10.5%
        2024$2,489 +0.7%$59,400
        2023$2,472 +10.8%$59,400 +9.8%
        2022$2,230 +3.6%$54,110
        2021$2,153 -13.7%$54,110 -5.3%
        2020$2,493 -1.3%$57,120 -0.5%
        2019$2,526 +1.2%$57,390 -0.1%
        2018$2,496 +11.9%$57,450
        2017$2,230 $57,450
        2016$2,230 $57,450
        2015$2,230 $57,450 +0.1%
        2014$2,230 $57,410
        2013$2,230 $57,410
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 65536

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Conway
        • Middle: Conway
        • High: Conway

        Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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