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324 W North St - Investment Property For Sale in Lebanon, IN! 3,560 SF Specialty Building Offered at $345,000 in Lebanon, IN 46052



Investment Highlights
- Situated in the rapidly expanding Lebanon submarket, within walking distance to Downtown Lebanon Square
- Recently updated 3-bed, 3.5-bath home featuring modernized kitchen, bathrooms, and finishes throughout—minimizing near-term capital expenditures.
- Includes stainless steel appliances, detached garage with alley access, additional parking, and a generously sized yard
- Less than 2 miles from new Eli Lilly developments and approximately 4 miles from the Meta data center campus, supporting strong and sustained housing
- Ideal for workforce housing supporting nearby industrial and tech employment hubs.
Executive Summary
Turnkey 3-bed, 3.5-bath investment opportunity in a high-growth corridor near Lebanon Square. This recently renovated home offers modern finishes throughout, including an updated kitchen, bathrooms, and stainless steel appliances.
Strategically located within 2 miles of major Eli Lilly developments and 4 miles from the Meta campus, the property is ideally positioned to capture rental demand from LEAP Project employees, contractors, and relocating professionals. The detached garage, alley access, and generous yard further enhance tenant appeal and long-term value.
Strategically located within 2 miles of major Eli Lilly developments and 4 miles from the Meta campus, the property is ideally positioned to capture rental demand from LEAP Project employees, contractors, and relocating professionals. The detached garage, alley access, and generous yard further enhance tenant appeal and long-term value.
Property Facts
| Price | $345,000 | Lot Size | 0.17 AC |
| Price Per SF | $96.90 | Building Size | 3,560 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1880/2022 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $345,000 |
| Price Per SF | $96.90 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,560 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1880/2022 |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 06-10-36-000-017.158-002 | Improvements Assessment | $275,000 |
| Land Assessment | $13,200 | Total Assessment | $288,200 |
Property Taxes
Parcel Number
06-10-36-000-017.158-002
Land Assessment
$13,200
Improvements Assessment
$275,000
Total Assessment
$288,200
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324 W North St - Investment Property For Sale in Lebanon, IN!
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