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718 E Walnut Street, Lebanon, IN 46052

Lebanon
Local realty services provided by:CENTURY 21 Scheetz
718 E Walnut Street,Lebanon, IN 46052
$260,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: terry young
Office: red bridge real estate
MLS#:22092698
Source:IN_MIBOR

Price summary

  • Price:$260,000

About this home

Turnkey 5-Unit Investment Opportunity in Rapidly Growing Lebanon! Great opportunity to acquire a 5-unit multifamily property in one of Central Indiana's fastest-growing markets. This property features a strong unit mix of two 2-bedroom/1-bath units and three 1-bedroom/studio units, offering diverse rental income potential and broad tenant appeal. Located just minutes from the transformational LEAP District, this asset is positioned to benefit from the massive $9+ billion investment by Eli Lilly and Company, expected to bring thousands of jobs and drive long-term population growth and housing demand in the area. Lebanon is quickly emerging as a major employment hub with expanding infrastructure, new development, and increasing rental demand. This property offers investors the opportunity to get in ahead of continued appreciation and rent growth. Whether you're looking to stabilize and hold for cash flow or execute a value-add strategy, this asset provides strong upside...

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Home facts

  • Year built:1920
  • Listing ID #:22092698
  • Added:3 day(s) ago
  • Updated:April 05, 2026 at 07:24 AM

Structure and exterior

  • Year built:1920
  • Lot area:0.12 Acres

Schools

  • High school:Lebanon Senior High School
  • Middle school:Lebanon Middle School

Finances and disclosures

  • Price:$260,000
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