Backup offers
$1,425 Closing Credit¹
#2746665, Justyce Davis, Listing Office: CURB Realty
$209,000 List price
316 Hobbs Ave Lebanon, TN 37087
$2,482
Closing credit¹
2 beds
1 full
832 sqft
0.4 acres
$251 / sqft
House
Property details
About 316 Hobbs Ave
This property inside the infill overlay presents an excellent investment opportunity! With the potential for high density multifamily or up to 5 units + 1 ADU on a 0.42-acre lot, it’s located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. (All measurements are approx recommend survey.) The existing single-family home has been generating rental income ($850/month) until November. It's already connected to all city utilities. Great opportunity for a college rental or more! More details for infill overlay will be attached.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size832 sqft
Lot size0.42 Acres
Year built1943
MLS #2778174
Summary
- MLS Number: 2778174
- MLS Name: REALTRAC
- Office Name: Castle Heights Realty
- Listing Agent: Keandric Verge
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 8:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$209,000
316 Hobbs Ave
$2,482
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,880 | $1,124 |
| 2022 | $24,300 | $536 |
| 2021 | $24,300 | $536 |
| 2020 | $24,300 | $347 |
| 2019 | $11,950 | $449 |
| 2018 | $11,950 | $420 |
| 2017 | $11,950 | $420 |
History based on county public records data.
Nearby schools
4
Byars Dowdy Elementary School
Public District PK-5
1.2 mi
•904 Hickory Ridge Rd
5
Coles Ferry Elementary School
Public District PK-5
1.5 mi
•511 Coles Ferry Pike
5
Castle Heights Elementary School
Public District PK-5
1.9 mi
•1007 N Castle Heights Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,475. Most Lebanon, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
55%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
20%
Single, with Kids
22%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
35%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lebanon, TN
About 316 Hobbs Ave
This home is located at 316 Hobbs Ave in Lebanon, TN and zip code 37087. This 832 square foot home, which was built in 1943, sits on a 0.42 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $209,000.
In February 2025, from all listings sold in Lebanon, TN there were more than 7 sold above asking price, over 32 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in Lebanon, TN between January and February 2025 increased by 15.9%. In February 2025 median list price was $410,297 and the average listing age was 30 days.
From Rocket Homes Real Estate and based on county public records data.