This 2 bedroom, 2 bath cottage on 1.14 acres in downtown Lebanon is ready for new owners! The home features a spacious family room that could serve as a 3rd bedroom; metal roof, newer laminate flooring throughout with hardwood underneath, and large unfinished basement, providing plenty of storage opportunities. Outdoors, there's plenty of useable, flat yard, a paved driveway plus street parking, a shed, and garden area. The home is wired for high-speed 1 Gbps fiber Internet, connected to public water & sewer, and has insulated double-pane windows and a heat pump installed in 2009. Centrally located in downtown Lebanon, VA, this property is within walking distance to the Town Park & Rec Center, Post Office, public library, and more.
For sale
Price cut: $10K (5/27)
$125,000
123 Cleveland Rd, Lebanon, VA 24266
2beds
1,368sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1941
1.14 Acres Lot
$129,700 Zestimate®
$91/sqft
$-- HOA
What's special
Large unfinished basementInsulated double-pane windowsGarden areaPaved drivewayStreet parkingMetal roofNewer laminate flooring throughout
- 22 days |
- 1,038 |
- 51 |
Zillow last checked:
Listing updated:
Listed by:
Dustin Keith 276-202-9277,
Stuart and Associates
Source: SWVAR,MLS#: 109971
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement
Primary bedroom
- Level: First
- Area: 155.63
- Dimensions: 11.25 x 13.83
Bedroom 2
- Level: First
- Area: 160.74
- Dimensions: 11.83 x 13.58
Bathroom
- Level: First
- Area: 152.81
- Dimensions: 11.25 x 13.58
Bathroom 2
- Level: First
- Area: 49.2
- Dimensions: 5.42 x 9.08
Dining room
- Level: First
- Area: 157.9
- Dimensions: 11.92 x 13.25
Family room
- Level: First
- Area: 212.7
- Dimensions: 23.42 x 9.08
Kitchen
- Level: First
- Area: 167.83
- Dimensions: 11.92 x 14.08
Living room
- Level: First
- Area: 163.69
- Dimensions: 11.83 x 13.83
Basement
- Area: 1368
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range
Features
- Paneling, Cable High Speed Internet
- Flooring: Laminate, Vinyl, Wood
- Windows: Insulated Windows
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,736
- Total interior livable area: 1,368 sqft
- Finished area above ground: 1,368
- Finished area below ground: 1,368
Video & virtual tour
Property
Parking
- Parking features: Driveway, Paved
Features
- Stories: 1
- Patio & porch: Covered, Porch
- Fencing: None
- Water view: None
- Waterfront features: None
Lot
- Size: 1.14 Acres
- Dimensions: 1.14
- Features: Cleared, Level
Details
- Parcel number: 104L289
- Zoning: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Metal
Condition
- Exterior Condition: Fair,Interior Condition: Fair
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Not Available
Community & HOA
HOA
- Has HOA: No
- Services included: None
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $52,300
- Annual tax amount: $331
- Date on market: 5/6/2026
- Road surface type: Paved
Estimated market value
$129,700
$123,000 - $136,000
$1,051/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $125,000-7.4%$91/sqft |
Source:  SWVAR #109971 Report a problem | ||
| 5/6/2026 | Listed for sale | $135,000+80%$99/sqft |
Source: SWVAR #109971 Report a problem | ||
| 7/7/2020 | Sold | $75,000+7.3%$55/sqft |
Source: Public Record Report a problem | ||
| 1/1/2020 | Listing removed | $69,900$51/sqft |
Source: CENTURY 21 Diamond Real Estate #64985 Report a problem | ||
| 5/30/2018 | Listed for sale | $69,900+3.6%$51/sqft |
Source: Century 21 Shamrock Realty #64985 Report a problem | ||
| 6/24/2008 | Sold | $67,500$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $329 | $52,300 |
| 2023 | $329 | $52,300 |
| 2022 | $329 +1.9% | $52,300 +1.9% |
| 2021 | $323 | $51,300 |
| 2020 | $323 | $51,300 |
| 2019 | $323 -7.7% | $51,300 -7.7% |
| 2018 | $350 | $55,600 |
| 2017 | $350 | $55,600 +5.3% |
| 2016 | -- | $52,800 |
| 2015 | -- | -- |
| 2012 | -- | $48,600 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 24266
Nearby schools
GreatSchools rating
- 2/10Lebanon Elementary SchoolGrades: 2-4Distance: 0.3 mi
- 4/10Lebanon Middle SchoolGrades: 5-7Distance: 0.4 mi
- 3/10Lebanon High SchoolGrades: 8-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Lebanon
- Middle: Lebanon
- High: Lebanon
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Russell County
- Lebanon
- 24266
- 123 Cleveland Rd
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