# 467 N Adams Avenue, Lebanon, MO 65536

> **TL;DR:** 2bd/1ba single family, $25,000, built 1882. Est. $108/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $25,000 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Year Built | 1882 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 35 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $108 |
| **Total** | **$108** |

## Nearby Schools

- **Elementary:** Lebanon
- **Middle:** Lebanon
- **High:** Lebanon

## Property Highlights

- Built in 1882
- 0.16 acre lot

## Description

### Agent Description
Historic Home Rebuild OpportunityThis is a true rebuild opportunity for an investor or builder looking to restore and modernize a historic home in a prime in-town location and is being sold in 'as-is' condition.Originally built in 1882, this 2-bedroom, 1-bath home sits on a 150' x 45' lot just 2 blocks off Main Street, 1 block from the grocery store, and directly across from a youth sports complex. The location alone makes this a rare find at this price point.The home is not a cosmetic rehab and is priced accordingly. It offers the opportunity to rework the layout and expand, including the potential to add a second-story primary suite off the back while maintaining the existing footprint.The property has been rezoned commercial, which allows the existing structure to be rebuilt and expanded, but removing it would require construction of a commercial building. This creates a unique opportunity for an investor focused on rebuilding a residential home rather than starting from scratch.The home has been inspected by a structural engineer, and the city has indicated they will work with the new owner on obtaining permits, providing a clearer path forward for the right buyer.The long, deep lot allows for rear parking and access, and the existing shed provides additional flexibility during construction or future use.

## Location

- **Address:** 467 N Adams Avenue, Lebanon, MO 65536
- **County:** Laclede
- **Neighborhood:** Laclede-Not in List
- **Coordinates:** 37.684375, -92.667399
- **Google Maps:** https://www.google.com/maps?q=37.684375,-92.667399

## Listing Agent

- **Name:** Ashley Gust
- **Brokerage:** Valiant Group Real Estate
- **Phone:** 4176932013
- **Email:** ashleyagust@gmail.com

## Primary Photo

![467 N Adams Avenue - Primary Photo](http://lh.rdcpix.com/ee79b6dcc05337ab368c0e2b40f981bdl-f3092153992r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/467-n-adams-avenue-lebanon-mo-65536-60322007)*

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**MLS#:** 60322007 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/467-n-adams-avenue-lebanon-mo-65536-60322007)

---

## Structured Data

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  "name": "467 N Adams Avenue, Lebanon, MO 65536",
  "description": "Historic Home Rebuild OpportunityThis is a true rebuild opportunity for an investor or builder looking to restore and modernize a historic home in a prime in-town location and is being sold in 'as-is' condition.Originally built in 1882, this 2-bedroom, 1-bath home sits on a 150' x 45' lot just 2 blocks off Main Street, 1 block from the grocery store, and directly across from a youth sports complex. The location alone makes this a rare find at this price point.The home is not a cosmetic rehab and",
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```