620 Franklin Rd, Lebanon, TN 37087

Local realty services provided by:Reliant Realty ERA Powered
620 Franklin Rd,Lebanon, TN 37087
$369,000
  • - Beds
  • - Baths
  • 1,985 sq. ft.
  • Multi-family
  • Active
Listed by:joseph goodman ccim
Office:re/max choice properties
MLS#:2979692
Source:NASHVILLE

Price summary

  • Price:$369,000
  • Price per sq. ft.:$185.89

About this home

Investor Opportunity in Lebanon — 620 Franklin Rd. offers 1,995 sq. ft. of updated living space on a .71-acre lot with highly sought-after RD-9 Medium Density Residential zoning. This flexible classification allows for single-family, two-family (duplex), or semi-detached dwellings, with the possibility for multi-family or townhomes when an overlay is applied ?. The lot exceeds the minimum 9,000 sq. ft. requirement for the first unit, providing options for redevelopment or future expansion. Current improvements include an all-brick 3-bedroom, 2-bath ranch with major updates completed in the last five years—PEX plumbing, new roof (2 yrs), HVAC (<5 yrs), two hot water heaters (<3 yrs), fully remodeled kitchen with quartz countertops, and renovated baths. Rental-ready features like durable wood/tile flooring, gas heat, and dual hot water heaters make this property an easy hold for immediate income while pursuing redevelopment. The site also includes a large RV-sized carport with RV plug

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Home facts

  • Year built:1969
  • Listing ID #:2979692
  • Added:34 day(s) ago
  • Updated:September 25, 2025 at 12:38 PM

Rooms and interior

  • Living area:1,985 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1969
  • Building area:1,985 sq. ft.

Schools

  • High school:Lebanon High School
  • Middle school:Winfree Bryant Middle School
  • Elementary school:Byars Dowdy Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,000
  • Price per sq. ft.:$185.89
  • Tax amount:$2,274
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