Multi-Family for Sale: 36-48 Main Street, Lebanon, NH 03784

14 beds
6,549 sqft
$1,350,000
$1,350,000
36-48 Main Street, Lebanon, NH 03784
14 beds
6,549 sqft
$1,350,000
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Price:
$1,350,000
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Type Multi-Family
Style Apartment Building
Beds 14
Square Feet 6,549 sqft
Lot Size 0.36 acres
Year Built 1890
Taxes Paid $14,312
City Lebanon
County Grafton
School District Lebanon Sch District SAU #88
MLS 5059958
Status Active
DOM 63 days
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

Lot & Building Features

Appliances Propane Water Heater
Utilities Propane
Construction Aluminum Siding, Wood Frame
Cooling Individual
Heating Baseboard, Propane, Hot Water
Parking Description Driveway, Unpaved, Reserved, Parking Spaces 1 - 10, Off-Site
Sewer Public
Tax Year 2025
Taxes Paid $14,312
Water Public
Basement Description Exterior Access, Partial, No Tenant Access
Foundation Fieldstone
Lot Description In Town, Sidewalks, Rental Complex, Near Shopping, Near School(s), Near Public Transportatn, Major Road Frontage
Roof Asphalt Shingle
Features Exterior Porch, Storage
Garage No

Community and Schools

Elementary School Mount Lebanon School
Junior High School Lebanon Middle School
Senior High School Lebanon High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1750.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 2 Lease Term Annual
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1750.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Vacant
Unit 2 Tenant Pays Electric, Internet Service
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 3 Lease Term Annual
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1750.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Internet Service
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 4 Lease Term Annual
Unit 4 Level Number 1
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1750.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Internet Service
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Info Appliances Included
Unit 5 Lease Term Annual
Unit 5 Level Number 2
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 1450.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Leased
Unit 5 Tenant Pays Electric, Internet Service
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 6 Lease Term Annual
Unit 6 Level Number 2
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 1150.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 6 Tenant Pays Electric, Internet Service
Unit 7 Baths 1
Unit 7 Bedrooms 3
Unit 7 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 7 Lease Term Annual
Unit 7 Level Number 3
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 2000.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 7 Tenant Pays Electric, Internet Service
Unit 8 Baths 1
Unit 8 Bedrooms 1
Unit 8 Info Appliances Included, Refrigerator, Hot Water, Heat Included, Electric Range
Unit 8 Lease Term Annual
Unit 8 Level Number 2
Unit 8 Rental Agreement Yes
Unit 8 Rental Amount 1750.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Status Leased
Unit 8 Tenant Pays Electric, Internet Service

Price History of 36-48 Main Street, Lebanon, NH

Date Name Price Difference
09/05/2025 Listing Price $1,350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 36-48 Main Street, Lebanon, NH

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Photo of The Patey Team
Direct: 603-548-6392
Office
PO Box 316
Raymond, NH 03077
603-548-6392
Listed by Beacon Realty Group, LLC, Samuel Roberts
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6.75%
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36-48 Main Street (MLS #5059958) is a apartment building multi-family listing located in Lebanon, NH. This multi-family listing is 6,549 sqft and on a lot of 15,682 sqft (or 0.36 acres) and is 135 years old. This property was listed on 09/05/2025 and has been priced for sale at $1,350,000.

Nearby zip codes are 03755, 03766, 05001, 05088 1042 and 05088. This property neighbors other cities such as Hanover, Hartford, Hartland, Norwich and Plainfield.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Beacon Realty Group, LLC

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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 last updated 11/07/2025