$2,200,000

1215 Glenridge St Unit 5, 6, 7, 8, 9 Lebanon, MO 65536

Estimated payment $12,469/month

Total Views 370
-- Bed
-- Bath
2,808 Sq Ft
$783 Price per Sq Ft

Highlights

  • 2.26 Acre Lot
  • No HOA
  • Breakfast Bar
  • Traditional Architecture
  • Brick or Stone Veneer
  • Recessed Lighting

About This Home

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.

Listing Agent

Laclede Rentals williams

Century 21 Laclede Realty License #2017031755 Listed on: 11/10/2025

Century 21 Laclede Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,760

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 2.26 Acre Lot
  • Private Entrance
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick or Stone Veneer
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • Recessed Lighting
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Parking

  • 45 Parking Spaces
  • Off-Street Parking

Schools

  • Lebanon Riii Elementary School
  • Lebanon Middle School
  • Lebanon Sr. High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 60-9020-00

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 20 Units

Building Details

  • 19 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,760

Year Built

Built in 1999 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Beck Lane
  • Year Built: 1999
  • Directions: From Century 21 in Lebanon: Turn Left on Commercial St., left on Beck in 1 mile, left of Glenridge in 0.9 miles, property on left.
  • Property Sub-Type: 5 Family or More
  • ResoLotFeatures: Level
  • Lot Size Acres: 2.26
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 417-588-1200
  • MLS Status: Active
  • Subdivision Name: Applelane Subdivision
  • Above Grade Finished Sq Ft: 2808
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Apartment Building
  • Financial Info Electric: 220 Volts
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2808.00
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 0
  • MIS_BelowGradeFinishedAreaSrchSqFt: 0.00
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Breakfast Bar, Laminate Counters, Recessed Lighting
  • Basement YN: No
  • Fireplace: No
  • Flooring: Luxury Vinyl

Exterior Features

  • Fencing: None
  • Roof: Architectural Shingle
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Agent Owned, Flood Plain No, Seller Property Disclosure
  • Construction Type: Stone Veneer, Vinyl Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Off Street
  • Total Parking Spaces: 45

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lebanon RIII
  • Junior High Dist: Lebanon R-III
  • High School: Lebanon Sr. High
  • Middle Or Junior School: Lebanon Middle School

Lot Info

  • Lot Size Sq Ft: 98445.6
  • Parcel Number: 60-9020-00

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10760

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 4
  • Number Of Units Leased: 19

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $2,200,000 -- $783 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25072622

MARIS MLS