595 Chestnut Street
Lebanon, MO 65536
- – beds
- – baths
- – sqft
- 10,019 sqft lot
- 1965 build
- – on site
Incredible Investment Opportunity - 4 Homes, One Lot, Endless PotentialDon'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.
Last checked:
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Last updated Apr 8, 2025
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MLS# 60290993 —
The Building
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Year Built:1965
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Construction Materials:Vinyl Siding
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Roof:Composition
Location
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Directions:From Elm and Commercial take commercial to the northeast turn left on Lincoln ave houses on left.
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Longitude:-92.65952
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Latitude:37.686044
The Property
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Property Type:Residential Income
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Property Subtype:Package Single Family Homes
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Lot Size Acres:0.23
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Lot Size Dimensions:200x50
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Zoning:RS-2
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Parcel Number:131002003032007000
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Waterfront View:None
Listing Agent
- Contact info:
- Agent phone:
- (417) 616-9846
- Office phone:
- (417) 883-4900
Taxes
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Tax Year:2024
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Tax Annual Amount:860.44
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Tax Legal Description:LEWIS ADD BLOCK 7 LOT 18 200' X 50' (333,345, 351 LINCOLN & 595 CHESTNUT)
The Listing
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Flood Insurance:Not Required
Heating & Cooling
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Heating:Wall Furnace
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Cooling:Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:City
Schools
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Elementary School:Lebanon
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Middle Or Junior School:Lebanon
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High School:Lebanon
The Community
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Subdivision Name:Laclede-Not in List
Parking
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Listed / Active | SOMO | $300,000 |
