Tremendous opportunity in this value add property. All units have been recently renovated, rented well below market rates. Opportunity to convert onside office into an additional 1 bedroom unit. Laundry facility could be utilized for additional income. Lebanon, TN is one of the fastest growing cities in the United States.
Assumable 3.37% loan. 17 One Bedroom Units(office conversion would make 18); 10 Two Bedroom Units
440 days
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7
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0
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Zillow last checked:
Listing updated:
Listed by:
Russell Parrish615-948-2209,
Parrish & Associates615-773-4020
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2885133
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Heating
Electric
Cooling
Electric, Wall/Window Unit(s)
Appliances
Laundry: Common Area
Features
Flooring: Laminate
Interior area
Total structure area: 26,172
Total interior livable area: 26,172 sqft
Finished area above ground: 26,172
Property
Parking
Total spaces: 45
Parking features: Open
Uncovered spaces: 45
Features
Levels: Two
Stories: 2
Lot
Size: 1.28 Acres
Dimensions: 1.28
Details
Parcel number: 058L H 00900 000
Zoning: CG
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Brick
Roof: Membrane
Condition
New construction: No
Year built: 1966
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Water Available
Community & HOA
Community
Subdivision: Cumberland Hills Apartments
HOA
Has HOA: No
Location
Region: Lebanon
Financial & listing details
Price per square foot: $107/sqft
Annual tax amount: $7,699
Date on market: 5/14/2025
Inclusions: Appliances
Total actual rent: 1650
Tenant pays: Electricity
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/11/2026
Pending sale
$2,799,000$107/sqft
Source: RealTracs MLS as distributed by MLS GRID #2885133Report a problem
5/20/2025
Contingent
$2,799,000$107/sqft
Source: RealTracs MLS as distributed by MLS GRID #2885133Report a problem
5/14/2025
Listed for sale
$2,799,000+227.4%$107/sqft
Source: RealTracs MLS as distributed by MLS GRID #2885133Report a problem
4/30/2018
Sold
$855,000$33/sqft
Source: RealTracs MLS as distributed by MLS GRID #1908340Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: RealTracs MLS 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.