1 of 95

Want to see this property?

289 S Adams Avenue

Lebanon, MO 65536

– beds
– baths
2,245 sqft
14,810 sqft lot
$140 per sqft
1950 build
– on site

Four incomes, one property! Unique opportunity to own a versatile income-generating property! 152 E Pierce is an updated single family residence boasting 3 bedrooms and 2 bathrooms, attached garage and basement. 289 S Adams Ave is a 2 story duplex. The bottom floor is a 2 bedroom 1 bath with large bonus rooms and beautiful original features. The top floor is a 1 bedroom 1 bath, and is currently rented . In the back of the property is a 1092 square foot shop building and it is currently rented as well. In today's market, properties yielding double digit capitalization rates are increasingly rare. This opportunity won’t last long-act now to secure this exceptional investment.

Listing courtesy of MARIS / Midwest Land Group LLC

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 25014454 —

The Building

Year Built:

1950
Architectural Style:

Other
Unit Count:

3
Number Of Units Total:

3
Basement:

false
Above Grade Finished Area:

2,245 Sqft

Interior

Fireplace:

false
Living Area:

2245

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional

Location

Longitude:

-92.661285
Latitude:

37.679697

The Property

Property Sub Type:

2-4 Units
Property Type:

Residential Income
Parcel Number:

60-4094-00-1-R.R.
Lot Size Acres:

0.34
Lot Size Area:

0.34
Lot Size Units:

Acres
Lot Size Square Feet:

14,810 Sqft
Lot Size Dimensions:

100X150
Lot Size Source:

Public Records
Waterfront:

false
Structure Type:

Duplex

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$1,288

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Varies by Unit, Electric, Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Water Heater

Schools

Elementary School:

Lebanon Riii
Middle School:

Lebanon Middle School
High School:

Lebanon Sr. High
High School District:

Lebanon R Iii

The Community

Subdivision Name:

N/A
Pool:

No

Parking

Parking Features:

Attached, Garage, On Street
Garage:

false
Attached Garage:

true
Carport:

false

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
5/1/25 May 1, 2025	Listed / Active	MARIS	$315,000	88.1% (11.4% / YR)
8/1/17 Aug 1, 2017		MARIS	$167,500

Want a closer look?

Go see 289 S Adams Avenue

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Lebanon, MO

Similar sold homes

This multifamily located in Lebanon, MO 65536 is currently for sale for $315,000. 289 S Adams Avenue is a 2,245 square foot multifamily with – beds and – baths that has been on Estately for 8 days. This multifamily is in the attendance area of Lebanon Junior High School, Hillcrest Accelerated School, Lebanon Technology And Career Center, Lebanon Sr. High School, Maplecrest Elementary School, Boswell Elementary School, and Joe D. Esther Elementary School.

Listing Courtesy of: MARIS and Midwest Land Group LLC.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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.

Information from Third Parties, Deemed Reliable but Not Verified.