Selling Wilson County for Over 100 Years
List Price: $210,000
MLS #: 2778174
316 Hobbs Ave - Lebanon, TN 37087

This property inside the infill overlay presents an excellent investment opportunity! With the potential for high density multifamily or up to 5 units + 1 ADU on a 0. 42- acre lot, it’s located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. ( All measurements are approx recommend survey. ) The existing single- family home has been generating rental income ($ 850/ month) until November. It' s already connected to all city utilities. Great opportunity for a college rental or more! More details for infill overlay will be attached.

Basic Information

  • Area: 832 sq ft
  • Subd: Cartmell & Styles
  • Stories: 1.00
  • Full Baths: 1
  • Bedrooms: 2
  • Built: 1943 / EXIST
  • Lot Size: 0.420 ac

Property Information

  • Constr: Asbestos
  • Floors: Laminate
  • Garage: No
  • Basement: Crawl Space
  • Waterfront: No
  • Taxes: $1,124

Public Schools

  • Elementary: Byars Dowdy Elementary
  • Middle/Junior: Winfree Bryant Middle School
  • High: Lebanon High School

Utilities

  • Water: Public
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central

Appliances/Misc.

  • Fireplaces: No
  • Drapes: Remain
  • Built-In Electric Oven
  • Electric Range

Directions:

I-40 to Lebanon, Exit Hwy 231 and Go North, Turn Left on Leeville Pike, Turn Left on South Maple, Turn Right on Hobbs Blue house on Left

Listing Agency:

  • Castle Heights Realty
  • Agent: Keandric Verge
Information is Believed To Be Accurate But Not Guaranteed. Copyright 2025 RealTracs Solutions. All rights reserved.

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