36-48 Main Street Lebanon, NH $ 1,350,000
36-48 Main Street
$ 1,350,000
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36-48 Main Street

Lebanon, NH, 03784
$ 1,350,000
Bedrooms14 Baths8.0 Sq 6,549

Monthly Estimate*

$ 8,422

Listed by Samuel Roberts, Beacon Realty Group, LLC, 603-727-8029, pm2@rpmbeacon.com
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Multi-Family Home for sale in Lebanon, NH

for $1,350,000 with 14 bedrooms and 8 full baths. This 6,549 square foot home was built in 1890 on a lot size of 0.36.

Seize this iconic 9-unit multi-family property in the heart of Downtown West Lebanon, NH – hitting the market for the first time in over 60 years! This proven cash-flow generator delivers a strong projected cap rate of 9%, ensuring immediate returns with all units fully leased and reliable rental income from day one. Perfectly situated in the vibrant downtown core, it offers unparalleled access to local shopping, diverse dining options, and seamless connections to nearby Hanover, Dartmouth College, and West Lebanon commerce. This prime location positions it ideally amid West Lebanon's ongoing revitalization efforts, transforming the area into a dynamic hub for residents, businesses, and community growth. Refreshed interiors enhance its appeal for modern tenants, while the property's untapped developability opens doors to exciting value-add opportunities, such as expansions or adaptive repurposing in a rapidly appreciating market. Don't miss this rare chance to own a cornerstone of West Lebanon's promising future

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building

Lot Size

0.36

Year Built

1890

Town/City

Lebanon

County/Region

Grafton

MLS | Web ID

5059958

Features
Interior
Basement Description No Tenant Access Partial Exterior Access
Basement Yes
Flooring Carpet Laminate Vinyl
Total Number of Units 9
Unit 4 Bedrooms 2
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General
Road Frontage Yes
Sewer Public
Heating Propane Baseboard Hot Water
Cooling Individual
Utilities Propane
Roof Asphalt Shingle
Appliances Propane Water Heater
Pets Allowed No
Garage No
Flood Zone No
Zoning CBD
Restrictions No Smoking
Year Built 1890
Electric 200+ Amp Service Circuit Breaker(s)
Style Apartment Building
Stories Count 3
Construction Status Existing
Block 81
Net Income 140200
Assessment Amount 544600
Auction No
Tax Year 2025
Gross Income 184200
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame Aluminum Siding
Directions located in Downtown West Lebanon when on Main St headed north turn right before the Salon if headed South on Main St. turn left after Salon. See parking in rear. Use GPS for most accurate direction
High School Lebanon High School
City Lebanon
School District Lebanon Sch District SAU #88
Seasonal No
Elementary School Mount Lebanon School
Middle School Lebanon Middle School
DOM 105
Price Per Sq Ft Total AG 206.14
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Exterior
Lot Features Major Road Frontage Rental Complex Sidewalks In Town Near Shopping Near Public Transportatn Near School(s)
Exterior Amenities Porch Storage
Driveway Dirt
Water View No
Lot Size Area 0.36
Water Source Public
Parking Features Driveway Off-Site Parking Spaces 1 - 10 Reserved Unpaved
Foundation Fieldstone
Lot 0
Waterfront Property No
Water Body Access No
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* Excluded Features
List By
Samuel Roberts

Listing Agent

Beacon Realty Group, Llc

Broker

(603) 727-8029

Phone

pm2@rpmbeacon.com

Email

Affordability Calculator

$8,422
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4054674 Elementary School
1215839 Middle School
Lebanon High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2025$1,350,000 Listed Price

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36-48 Main Street, Lebanon, NH, 03784 is a Multi-Family Home for sale at $1,350,000 with 6,549 sqft and a lot size of 0.36. 36-48 Main Street has 14 bedrooms, 8.0 baths, and was built in 1890. The property's zip code is 03784 which is in Lebanon, NH