467 North Adams Avenue, Lebanon, MO 65536
New Listing
$25,000
Property Type:
Residential For Sale
Bedrooms:
2
Baths:
1
Square Footage:
837
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$25,000
List Date:
4/27/2026
Last Modified:
4/27/2026
Overview
Description
...
(Read more)
Historic Home Rebuild Opportunity
This 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.
Listing Details MLS# 60322007
Contract Information
- Property Sub-Type
- Single Family Residence
- Vacation Rental
- No
- Begin Date
- 2026-04-27
- List Price/Total SqFt
- 29.87
- Foreclosure/Short Sale
- No
- Agreement Type
- Exclusive Right To Sell
Location Tax and Other Information
- Street #
- 467
- Street Direction
- North
- Street Name/Route
- Adams
- Suffix
- Avenue
- County
- Laclede
- State/Province
- MO
- Zip Code
- 65536
- Parcel ID
- 13-1.0-11-002-005-010.000
- Subdivision
- Laclede-Not in List
- Cross Street
- 5th
- Real Estate Tax
- 98.51
- Tax Year
- 2025
- Legal Description
- 1ST R.R. BLOCK 2 NW 45 FT LOT 6
Keywords
- Stories
- Yes
- Elementary School
- Lebanon
- Middle School
- Lebanon
- High School
- Lebanon
General Property Description
- Total Bedrooms
- 2
- Baths - Full
- Yes
- Baths - Total
- Yes
- Above Grade UnFin SqFt
- 837
- Total SqFt
- 837
- Aprx Year Built
- 1882
- Aprx Lot Size (Acres)
- 0.16
- Lot Dimensions
- 45'x150'
- Basement
- No
- Waterfront/View
- None
- Lake/River/Creek
- None
- Propane Tank
- No
- Below Grade UnFin SqFt
- 0
Remarks Misc
- Directions
- From I-44, take Lebanon exit, go N on Jefferson, W on 4th, N on Adams. Home on left.
More Information
Listing Info
- Owner Agent
- Yes
- Related to Owner
- No
Fireplace Features
- Fireplace
- No
Shop Building Features
- Shop Building
- No
Home Association Info
- Home Owners/Condo Owners Association
- None
Location, Tax and Other Information
- Inside City Limits
- Yes
- RE Tax Provided By
- Owner
Cooling
- None
- Yes
Heating
- None
- Yes
Heating Source
- None
- Yes
Road Frontage
- City Street
- Yes
Road Surface
- Street - Asphalt
- Yes
Cooling Source
- None
- Yes
Architecture
- 2 Story
- Yes
Water
- City Water
- Yes
Sewer
- Public Sewer
- Yes
Property Features
Cooling:
None
Cooling Source:
None
Heating:
None
Heating Source:
None
Architecture:
2 Story
Water:
City Water
Sewer:
Public Sewer
Road Frontage:
City Street
Road Surface:
Street - Asphalt
Documents
Listing Office:
Valiant Group Real Estate
Last Updated: April - 27 - 2026
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