$400,000
PENDING $50K PRICE DROP

470 Georgetown Dr Lebanon, OH 45036

Estimated payment $2,427/month

Total Views 4,456
-- Bed
-- Bath
2,180 Sq Ft
$183 Price per Sq Ft

Highlights

  • No HOA
  • Attached Garage
  • 1-Story Property
  • Porch
  • Patio
  • Forced Air Heating and Cooling System

About This Home

Discover a rare opportunity to own a fully updated, all-brick duplex in the heart of Lebanon, Ohio a city known for its small-town charm and strong rental demand. This vacant, income-ready property offers the ideal setup for low-maintenance rentals in a high-demand location. Other features include 1 car attached garage for each unit, private patio for each unit, fresh paint, new carpet and new roof! Great location near the YMCA, historic downtown Lebanon, major highways and centrally located between Dayton and Cincinnati! Whether you're building your portfolio or looking for a stable, income-producing property, this duplex checks all the boxes!

Listing Agent

John Bissman

Keller Williams Pinnacle Group License #2013001391 Listed on: 07/25/2025

Keller Williams Pinnacle Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1996

Lot Details

  • 0.26 Acre Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Parking

  • Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Community Details

  • No Home Owners Association
  • American Village Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,784

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Suburb: Lebanon
  • Broker Approved: Yes
  • Census Tract Realist: 315.00
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 11478.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Lebanon
  • Annual Assessment Amount: of record
  • Price Per Acre: 1518026.57
  • Zoning: Residential,Multi Family
  • Year Built: 1996
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • Separate Air Cond: Yes
  • Directions: From 75 take 63 E, L onto Neil Armstrong, R on Franklin, R on Georgetown.
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • Suburb (SIC): American Village
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Other Features: Corner Lot
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1892
  • Basement: None
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 2180.00
  • Windows: Vinyl
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Patio, Porch
  • Foundation: Slab
  • Listing Price: 400000.00
  • Acres: 0.2635
  • New Construction: No

Garage/Parking

  • Garage: Attached, Front
  • Parking Spaces: 2
  • Parking: Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 3785

Schools

  • District: Lebanon City SD

Lot Info

  • Lot Size Sq Ft: 11478.00

Rental Info

  • Sub Lease: No

Multi Family

  • Total Buildings: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,786 $89,110 $23,100 $66,010
2023 $3,024 $63,997 $11,550 $52,447
2022 $3,148 $63,998 $11,550 $52,448
2021 $2,974 $63,998 $11,550 $52,448
2020 $3,200 $58,181 $10,500 $47,681
2019 $3,215 $58,181 $10,500 $47,681
2018 $2,765 $58,181 $10,500 $47,681
2017 $2,534 $47,849 $8,778 $39,071
2016 $2,614 $47,849 $8,778 $39,071
2015 $2,633 $47,849 $8,778 $39,071
2014 $2,743 $47,850 $8,780 $39,070
2013 $2,647 $57,240 $10,500 $46,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 Pending -- -- --
08/25/2025 08/25/25 Price Changed $400,000 -5.9% $183 / Sq Ft
08/11/2025 08/11/25 Price Changed $425,000 -5.6% $195 / Sq Ft
07/25/2025 07/25/25 For Sale $450,000 -- $206 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Attorney
Deed $149,500 --
Deed $140,000 --
Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $140,000 New Conventional
Source: Public Records

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1848879

MLS of Greater Cincinnati (CincyMLS)

APN: 12-06-303-011