Closed

Listing Provided by: Midwest Land Group LLC

Bought with: Zdefault Office

Price Unknown

289 S Adams Ave, Lebanon, MO 65536

6beds

4baths

2,245sqft

Multi Family

Built in 1950

-- sqft lot

$308,600 Zestimate^®

$--/sqft

$1,023 Estimated rent

Home value

$308,600

Estimated sales range

Not available

$1,023/mo

Zestimate^® history

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What's special

Bottom floorLarge bonus roomsTop floorBeautiful original features

Four incomes, one property! Unique opportunity to own a versatile income-generating property! 152 E Pierce is an updated single family residence boasting 3 bedrooms and 2 bathrooms, attached garage and basement. 289 S Adams Ave is a 2 story duplex. The bottom floor is a 2 bedroom 1 bath with large bonus rooms and beautiful original features. The top floor is a 1 bedroom 1 bath, and is currently rented . In the back of the property is a 1092 square foot shop building and it is currently rented as well. In today's market, properties yielding double digit capitalization rates are increasingly rare. This opportunity won’t last long-act now to secure this exceptional investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Varies by Unit, Electric, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,245
Total interior livable area: 2,245 sqft
Finished area above ground: 2,245

Property

Parking

Parking features: Attached, Garage, On Street
Has attached garage: Yes
Has uncovered spaces: Yes

Lot

Size: 0.34 Acres
Dimensions: 100 x 150

Details

Parcel number: 604094001R.R.
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Condition

Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Lebanon

Other

Other facts

Listing terms: Cash,Conventional
Ownership: Private

Price history

Date	Event	Price
7/8/2025	Sold	--
Source: MARIS #25014454 Report a problem
5/23/2025	Pending sale	$315,000$140/sqft
Source: MARIS #25014454 Report a problem
3/11/2025	Listed for sale	$315,000$140/sqft
Source: MARIS #25014454 Report a problem
8/1/2017	Sold	--
Source: MARIS #17050934 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,404 +9%	$24,950 +10.4%
2024	$1,288 -2.9%	$22,590
2023	$1,327 +7.3%	$22,590
2022	$1,237 -9.2%	$22,590
2021	$1,362 -0.5%	$22,590
2020	$1,369 +4.4%	$22,590
2019	$1,311 +6.5%	$22,590
2018	$1,230 +5.5%	$22,590
2017	$1,167	$22,590
2016	$1,167	$22,590
2015	$1,167	$22,590
2014	$1,167	$22,590
2013	$1,167	$22,590
2010	--	$22,590