718 E Walnut St, Lebanon, IN

Name: 718 E Walnut St, Pending in Lebanon - Zoocasa
Brand: Red Bridge Real Estate
SKU: 22092698
Price: 260000 USD

House

Pending

Listed price in listed location currency (USD).

$260,000

000

MLS® 22092698

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes

Lot Size

Approx. Age 1920

MLS® Number 22092698

Property Address: 718 E Walnut St, Lebanon, IN, 46052-2886

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 5-Unit Investment Opportunity in Rapidly Growing Lebanon! Great opportunity to acquire a 5-unit multifamily property in one of Central Indiana's fastest-growing markets. This property features a strong unit mix of two 2-bedroom/1-bath units and three 1-bedroom/studio units, offering diverse rental income potential and broad tenant appeal. Located just minutes from the transformational LEAP District, this asset is positioned to benefit from the massive $9+ billion investment by Eli Lilly and Company, expected to bring thousands of jobs and drive long-term population growth and housing demand in the area. Lebanon is quickly emerging as a major employment hub with expanding infrastructure, new development, and increasing rental demand. This property offers investors the opportunity to get in ahead of continued appreciation and rent growth. Whether you're looking to stabilize and hold for cash flow or execute a value-add strategy, this asset provides strong upside potential in a supply-constrained rental market. Highlights: 5 total units (2 - 2BR units, 3 - 1BR/studio units) Strong rental demand with room for rent increases Located near major economic development corridor (LEAP District) Positioned for long-term appreciation and cash flow growth Easy access to I-65 and Indianapolis metro Don't miss your chance to invest in a market on the rise.

MLS® Number22092698

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1920

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

-Sold Price

Pending

Apr 1, 2026List Date

$260,000List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view properties like this one

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By checking this box, and clicking "Take a Tour", I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Similar Listings

Comparable Properties

Company

Stay Connected

1-844-683-4663

[email protected]

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

Download Our App

US Real Estate Listings Canada Real Estate Listings

Owned by

A group of people at an event are laughing and cheering, with one man enthusiastically greeting a seated couple in the front row.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX. Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. To view The Fair Housing Notice - Please Click Here. Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. To View - Please Click Here.

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice