$280,000

595 Chestnut St Lebanon, MO 65536

Estimated payment $1,621/month

Total Views 6,579
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Incredible Investment Opportunity - 4 Homes, One Lot, Endless Potential

Don't miss this rare chance to own four individual single-family homes all situated on one oversized corner lot in the heart of Lebanon. Each home features 2 bedrooms and 1 bathroom, making them ideal for rental income, short-term leasing, or a multi-generational living setup. The convenience of having all units on a single parcel simplifies management, maintenance, and long-term investment planning.

Two homes are already tenant-occupied, offering immediate income, while the other two are ready for renovation—with many key materials already purchased and included in the sale. This is the perfect setup for investors looking to add value quickly and start generating cash flow. All four units boast brand new roofs, and the remodeled homes have updated electrical, drywall, plumbing, and more.

With a list price of just $300,000, this package provides strong upside potential in a growing rental market. Whether you're a seasoned investor or just getting started, this is a smart buy that checks all the boxes: location, flexibility, and room to build equity.

Listing Agent

Doug Lutz

Keller Williams Brokerage Email: klrw369@kw.com License #2014032417 Listed on: 06/24/2025

Keller Williams

Co-Listing Agent

Jordan Rhodes

Keller Williams Brokerage Email: klrw369@kw.com License #2016020375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1965

Home Design

  • Vinyl Siding

Schools

  • Lebanon Elementary School
  • Lebanon High School

Additional Features

  • 10,019 Sq Ft Lot
  • Wall Furnace

Community Details

  • 4 Units
  • Laclede Not In List Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131002003032007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package Single Family Homes
  • Attribution Contact: klrw369@kw.com
  • Lot Size Acres: 0.23
  • Water Body Name: None
  • Co List Office Mls Id: 512000534
  • Co List Office Phone: 417-883-4900
  • Subdivision Name: Laclede-Not in List
  • Garage Yn: No
  • Year Built: 1965
  • Special Features: None

Exterior Features

  • Waterfront: No
  • General Property Description:WaterfrontView: None
  • Construction:Vinyl Siding2: Yes

Utilities

  • Heating: Wall Furnace
  • Sewer: Public
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Wall Furnace: Yes

Schools

  • Middle Or Junior School: Lebanon

Lot Info

  • Zoning: RS-2
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 131002003032007

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 860.44

Multi Family

  • Bathrooms Each Unit: 1
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Lebanon
  • High School: Lebanon

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $280,000 -- --
Source: Southern Missouri Regional MLS

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Source: Southern Missouri Regional MLS

MLS Number: 60297860

Southern Missouri Regional MLS