467 N Adams AVE, Lebanon, MO 65536
467 N Adams AVE, Lebanon, MO 65536
467 N Adams AVE, Lebanon, MO 65536
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$25,000
Est. payment /mo
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2 Beds
1 Bath
6,969 Sqft Lot
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467 N Adams AVE Lebanon, MO 65536

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Laclede-Not In List

MLS Listing ID SOM60322007

Bedrooms 2

Full Baths 1

Construction Status No

Rental Info No

Year Built 1882

Annual Tax Amount $98

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 45'x150'

Property Sub-Type Single Family Residence

Source somo

Property Description

Historic Home Rebuild OpportunityThis is a true rebuild opportunity for an investor or builder looking to restore and modernize a historic home in a prime in-town location and is being sold in 'as-is' condition.Originally built in 1882, this 2-bedroom, 1-bath home sits on a 150' x 45' lot just 2 blocks off Main Street, 1 block from the grocery store, and directly across from a youth sports complex. The location alone makes this a rare find at this price point.The home is not a cosmetic rehab and is priced accordingly. It offers the opportunity to rework the layout and expand, including the potential to add a second-story primary suite off the back while maintaining the existing footprint.The property has been rezoned commercial, which allows the existing structure to be rebuilt and expanded, but removing it would require construction of a commercial building. This creates a unique opportunity for an investor focused on rebuilding a residential home rather than starting from scratch.The home has been inspected by a structural engineer, and the city has indicated they will work with the new owner on obtaining permits, providing a clearer path forward for the right buyer.The long, deep lot allows for rear parking and access, and the existing shed provides additional flexibility during construction or future use.

Location

State MO

County Laclede

Area 837

Direction From I-44, take Lebanon exit, go N on Jefferson, W on 4th, N on Adams. Home on left.

Interior

Heating None

Cooling None

Fireplace No

Heat Source None

Exterior

Waterfront Description None

Street Surface Asphalt

Garage No

Building

Story 1

Sewer Public Sewer

Water City

Level or Stories Two

Construction Status No

Schools

Elementary Schools Lebanon

Middle Schools Lebanon

High Schools Lebanon

Others

Association Rules None


Listed by Ashley Gust Valiant Group Real Estate

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Ethan Ives

Ethan Ives

MANAGER | REALTOR® | License ID: 2014009178

+1(417) 860-4670

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467 N Adams AVE