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732 Pheasant Run Dr

Lebanon, OH 45036

16 beds
8 baths
– sqft
2024 build
– on site

Brand-New 8-Unit Apartment Building - Incredible Investment Opportunity. Turnkey Asset with Significant Upside Potential. This 2024-built multi-family property features 8 modern, 2-bedroom, 1-bath units, with 5 of 8 units already leased - providing immediate cash flow with room to grow. This property offers long-term appreciation potential and low-maintenance ownership thanks to brand new construction. Perfect for buyers and investors seeking steady returns. Contact today for full financials and to schedule a private showing! Property Taxes have not been assessed due to new construction. Contact Warren County for further details. Agent is owner of property.

Listing courtesy of DABR / Design Homes & Development Co.

Last checked: Checking… • Last updated Jan 10, 2025 •

MLS# 926161 —

The Building

Year Built:

2024
New Construction:

New
Construction Type:

Brick, Vinyl
Basement:

Slab

Financial & Terms

Distressed Property:

None

Location

Directions:

From Cincinnati: I-71 N to OH-48 N in South Lebanon. Take exit 28 from I-71N. Continue on OH-48 N. Take OH-48 BYP W. Turn left on Monroe, Turn right on Columbus, Turn left on Belvedere Dr, Turn right on Hunters Run Dr, Turn left on Pheasant Run Dr. From Dayton: I-75 S. Take exit 36 for OH-123 towards Franklin/Lebanon. Turn left on onto OH-122E/OH-123S, Turn right on OH-48 S, Turn left on Miller Rd, Turn right on Drake Rd, Turn right on Hunters Run Dr, Turn right on Pheasant Run Dr.

The Property

Property Type:

Multi-Family
Property Subtype:

5+ Units
Parcel Number:

0931480004
Lot Dimensions:

0.8925 Acres
Lot Size Source:

Assessor's Data
0.8925

Acres:
Zoning:

Residential

Listing Agent

Contact info:

Beds

Beds Total:

16

Baths

Total Baths:

8
Full Baths:

8

Heating & Cooling

Heating:

Electric, Heat Pump
Cooling:

Heat Pump

Utilities

Utilities:

City Water, Sanitary Sewer

Appliances

Appliances:

Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator

Schools

School District:

Lebanon

The Community

Assessments:

Of Record

Parking

Garage:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/10/25 Jan 10, 2025	Listed / Active	DABR	$1,499,900

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This multifamily located in Lebanon, OH 45036 is currently for sale for $1,499,900. 732 Pheasant Run Dr is a – square foot multifamily with 16 beds and 8 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Lebanon High School, Lebanon Junior High School, Berry Intermediate School, Bowman Primary School, Louisa Wright Early Childhood Center, and Donovan Elementary School.

Listing Courtesy of: DABR and Design Homes & Development Co..

© 2025 DABR MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. DABR MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. DABR MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.