766 S 2nd St, Lebanon, OR 97355

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: laura gillott, randy dobsonDIREC: 541-990-7785
Office: keller williams realty mid-willamette - gillott team541-451-2211
MLS#:844917
Source:OR_WVMLS
766 S 2nd St,Lebanon, OR 97355
$525,000
  • - Beds
  • 6 Baths
  • 3,666 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$525,000
  • Price per sq. ft.:$143.21

About this home

Fully occupied multifamily investment opportunity featuring three residential units across two properties. The first property includes a 1BD/1BA (336 SF) and a 4BD/2.5BA (2,103 SF) unit. The second property is a stand-alone 3BD/2BA home. With all units occupied, this property offers diversified rental income and an attractive opportunity for investors seeking an established income-producing asset.

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Home facts

  • Year built:1948
  • Subdivision & Development:Lebanon, Plan of
  • Listing ID #:844917
  • Added:1 day(s) ago
  • Updated:September 12, 2026 at 12:58 AM

Rooms and interior

  • Total bathrooms:6
  • Flooring:Wood
  • Dining Description:Formal Dining Room
  • Kitchen Description:Range: Electric
  • Living area:3,666 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:3,666 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Dimension Above
  • Construction Materials:Wood
  • Exterior Features:Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:Lebanon
  • Middle school:Seven Oak
  • Elementary school:Green Acres

Utilities

  • Water:City

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$143.21
  • Tax amount:$4,581 (2025)

Features and amenities

  • Amenities:Electric Water Heater
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Ron Blacquiere