1215 Glenridge Street, Lebanon, MO 65536

  • $2,200,000

Description

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.

  • Address: 1215 Glenridge Street
  • City: Lebanon
  • State/county: MO
  • Zip/Postal Code: 65536
  • Area: Applelane Subdivision

Details

Updated on November 17, 2025 at 7:11 pm
  • Property ID 25072622
  • Price $2,200,000
  • Land Area 2.26 Acres
  • Garage Size x x
  • Year Built 1999
  • Type 5 Family or More, Residential Income
  • Property Status Active

Additional details

  • Listing Terms 1031 Exchange,Cash,Conventional
  • Roof Architectural Shingle
  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Cooling Central Air,Electric
  • Heating Electric
  • Flooring Luxury Vinyl
  • County Laclede
  • Property Type Residential Income
  • Parking Asphalt,Off Street
  • Elementary School Lebanon RIII
  • Middle School Lebanon Middle School
  • High School Lebanon Sr. High
  • Architectural Style Traditional

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