Active
316 Hobbs Ave
Lebanon TN, 37087
$209,000
$251.20 per sqft
Active
2 Beds
1 Bath
832 sqft
Residential
Built in 1943
This property inside the infill overlay presents an excellent investment opportunity! With the potential for high density multifamily or up to 5 units + 1 ADU on a 0.42-acre lot, it's located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. (All measurements are approx recommend survey.) The existing single-family home has been generating rental income ($850/month) until November. It's already connected to all city utilities. Great opportunity for a college rental or more! More details for infill overlay will be attached.
2778174
MLSⓇ ID
January 20, 2025
Listed
February 18, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Appliances
Built-In Electric Oven, Electric Range
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.42 Acres
Sewer
Public Sewer
School Information
High School
Lebanon High School
Elementary School
Byars Dowdy Elementary
Other Property Details
Taxes
$1,124
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking Total
0
View
No
County
Wilson County, TN
Water Source
Public
Pool
No
Utilities
Water Available
Listing History
Date | Event | Price |
|---|---|---|
2/17/2025 | Price change | $209,000 -1% |
1/20/2025 | Active | — |
Listed by Keandric Verge, Castle Heights Realty
Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 2/18/2025, 6:38 PM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2025 Middle Tennessee Regional Multiple Listing Service. All rights reserved.
