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230 S Lebanon St
Lebanon, IN 46052
Brakeman · Multifamily Property For Sale · 44 Units

Investment Highlights

  • Luxury 4-Story, Mixed-Use Building with High-Quality Finishes and Various Floor Plan Layouts
  • Opportunity to Implement Other Income Via Bulk Internet Plan
  • Easy Access to Interstate I-65 Situated Midway Between Indianapolis and Lafayette, IN
  • One Commercial Space is leased through 2034, Second Commencing February through 2035
  • Located in Lebanon, IN with Immediate Access to the LEAP District – a 9,000 acre Tech, Science, and Corporate Hub

Property Facts

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 1.85 AC
Building Size 32,534 SF
Average Occupancy 95%
No. Stories 4
Year Built 2023
Parking Ratio 3.26/1,000 SF
Zoning ZO01

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets

Site Amenities

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Property Manager on Site
  • Planned Social Activities
  • Trash Pickup - Door to Door
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 $925.00 354 - 379
1+1 25 $1,114 543 - 636
2+1 7 $1,262 730 - 771
2+2 6 $1,450 843 - 978

Property Taxes

Property Taxes

Parcel Number
06-11-36-000-002.000-002
Land Assessment
$77,700
Improvements Assessment
$5,227,000
Total Assessment
$5,304,700
  • Listing ID: 34807366

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 230 S Lebanon St, Lebanon, IN 46052

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