Lebanon, TN 37087 201 Keaton St

Unique Multi-Use Opportunity on .66 Acres, Reduced , Seller is relocating Discover the versatility of this newly renovated ranch-style property offering endless possibilities for multi-generational living, income-producing rental use. Situated on a spacious .66-acre lot, this property features a 4-bedroom, 2.5-bath main home plus a detached structure with 1 bedroom and plumbing in place for a future kitchen and bath. The main residence is thoughtfully designed with two kitchen/kitchenette and dual laundry areas, making it ideal for separate living quarters or short-term rental configurations. Enjoy recent upgrades throughout, including a beautifully updated kitchen with granite countertops and stainless steel appliances, along with new flooring, fresh paint, updated plumbing and electrical. The detached building adds even more flexibility—perfect for an in-law suite, guest house, office, or additional rental income stream. Whether you're looking to accommodate extended family, generate rental income (2–3 units possible), this property delivers unmatched adaptability.