$300,000
$315,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
289 S Adams AVE Lebanon, MO 65536
2,245 SqFt
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,245 sqft
Price per Sqft $133
MLS Listing ID 25014454
Sold Date 07/08/25
Style Other
Year Built 1950
Annual Tax Amount $1,288
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100X150
Property Sub-Type 2-4 Units
Property Description
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.
Location
State MO
County Laclede
Area 826 - Lebanon City Limits
Interior
Heating Varies by Unit, Electric, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Electric Water Heater
Exterior
Parking Features false
View Y/N No
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lebanon Riii
Middle Schools Lebanon Middle School
High Schools Lebanon Sr. High
School District Lebanon R-Iii
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Default Zmember
