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Listing Detail - Nashville Home and Farms

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Lebanon, TN 37087 505 W Spring St

$555,900

505 W Spring St Lebanon, TN - Image 1505 W Spring St Lebanon, TN - Image 2505 W Spring St Lebanon, TN - Image 3
1 more
505 W Spring St Lebanon, TN - Image 4505 W Spring St Lebanon, TN - Image 5
Presented By: Jamison Durham Real Estate;
  • MLS# 3117901
  • 01/29/2026
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 4
  • SQFT • 3,178

Home Details

Attention Investors!!! Value-add 5-unit multifamily investment in Lebanon, TN offering strong income potential.. Wonderful opportunity to own a 5 unit rental in historic Lebanon TN. Great location right down the street from Cumberland University.
Presented By: Jamison Durham Real Estate;

Interior Features for 505 W Spring St

Other Interior Features

LivingAreaSourceOwner
Above Grade Finished Area3178
Above Grade Finished Area SourceOwner
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area SourceOwner
Below Grade Finished Area Unit TypeSquare Feet
FlooringLaminate, Vinyl
Heating Y/NYes

General for 505 W Spring St

Attached Garage No
Building Area UnitsSquare Feet
Carport Spaces1
Carport Y/NYes
CityLebanon
Construction MaterialsHardboard Siding
CoolingElectric, Wall/Window Unit(s)
CountyWilson County, TN
DirectionsFrom Exit 236 South Hartman Dr follow it to Leeville Pk turn. left on Castle Heights turn right on to W. Spring St Unit is on the left
Elementary SchoolByars Dowdy Elementary
Garage Spaces
Garage Y/NNo
Gross Income5800
HeatingCentral, Electric
High SchoolLebanon High School
LevelsTwo
Living Area3178
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolWinfree Bryant Middle School
Net Operating Income4300
New ConstructionNo
Number Of Units Total5
Open Parking Spaces7
Operating Expense1500
OwnerPaysNone
PossessionNegotiable
Property Attached Y/NYes
Property TypeResidential Income
Rent IncludesNone
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision Namen/a
Tax Annual Amount2546
Tenant PaysElectricity, Gas, Water
Total Actual Rent4700
UtilitiesElectricity Available, Water Available
Year Built1949
Year Built DetailsExisting
ZoningCommercial

Exterior for 505 W Spring St

Building Area Total3178
Covered Spaces1
InclusionsNegotiable
Lot Dimensions93 X 107 M IRR
Parking FeaturesAttached, Gravel
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Winfree Bryant Middle School
High School Lebanon High School
Elementary School Byars Dowdy Elementary

Anthony Martin

Agent | Owner
Price $555,900
MLS#3117901
List Date 01/29/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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