3.6 Acres in Lebanon, OR - $395,000

Land - Lebanon, OR

Discover a unique investment opportunity w/ this prime 3.6-acre property, offering 1.9 acres of developable land w/Canal frontage. Positioned for potential annexation into the city & zoned for residential mixed density, this site offers exciting development possibilities. Build a two-bedroom apartment complex w/ up to 41 doors or opt for 16 single-family lots (subject to city approval). Whether seeking rental income or a desirable neighborhood of homes, this site offers a variety of investment strategies.

Copyright © 2025 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.