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33518929
33518954

324 West North Street, Lebanon, IN 46052

C21 Commercial
Listed by C21 Commercial
$345,000
4 days on market
Updated 3 days ago
Opportunity zone

Investment Property in Lebanon, IN!

Details
Property Type Mixed Use
Square Footage 2,130
Net Rentable (SqFt) 2,310
Year Built 1880
Buildings 1
Acreage 0.340
Ground Lease No

Investment Property in Lebanon, IN!

Marketing description

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.

Investment highlights

High-Growth Location – Situated in the rapidly expanding Lebanon submarket, within walking distance to Downtown Lebanon Square and in close proximity to major economic drivers.

Proximity to Major Employers – Less than 2 miles from new Eli Lilly developments and approximately 4 miles from the Meta data center campus, supporting strong and sustained housing demand.

LEAP Corridor Exposure – Positioned to benefit from the transformative LEAP Project, attracting a growing workforce of employees, contractors, and suppliers.

Turnkey Renovation – Recently updated 3-bed, 3.5-bath home featuring modernized kitchen, bathrooms, and finishes throughout—minimizing near-term capital expenditures.

Flexible Investment Strategy – Suitable for long-term rental, short-term rental (subject to local regulations), or owner-user occupancy.

Strong Rental Demand Drivers – Ideal for workforce housing supporting nearby industrial and tech employment hubs.

Desirable Property Features – Includes stainless steel appliances, detached garage with alley access, additional parking, and a generously sized yard—enhancing tenant and buyer appeal.

Scalable Market Opportunity – Located in a community experiencing ongoing infrastructure and economic growth, supporting long-term appreciation potential.

Listing Contacts

C21 Commercial
Listed by C21 Commercial

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Zoning

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R6 ResidentialMulti FamilyResidential
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View all 119 uses
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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