Listed by Beacon Realty Group, LLC · Luke Stapleton · 802-526-9243
Residential Income · Lebanon, NH
36-48 Main Street, Lebanon, NH
$1,300,000
Est. $6,574/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 6,549
- Built
- 1890
- MLS®
- #5110541
Property Description
Welcome to 36-48 Main Street, a multi-family income property in Lebanon, New Hampshire. The home offers 6,549 square feet of living space, listed at $1,300,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: a 0.36-acre lot, 1890 construction and roughly $199 per square foot. See the listing's full details below, and reach out for a private showing of 36-48 Main Street.
Rare opportunity to own an iconic 9-unit property in the heart of Downtown West Lebanon, on the market for the first time in over 60 years. Recently upgraded with all-new electrical, including new service feed, 150-amp panels, and new meters for every unit — a major capital improvement already completed. Unbeatable downtown location with easy access to shopping, dining, and quick connections to Hanover, Dartmouth College, and West Lebanon commerce. Positioned in the heart of West Lebanon's ongoing revitalization. Refreshed interiors and untapped developability offer strong value-add potential from expansion to adaptive reuse. A rare chance to own a cornerstone property in a rapidly appreciating market.
Location Highlights
36-48 Main Street is a residential income in Lebanon, New Hampshire, listed at $1,300,000. That works out to about $199 per square foot, for a home built in 1890. It has been on the market for 6 weeks.
From here it is 31.9 miles to Downtown Plymouth / Main Street and 36.3 miles to Owl's Nest Resort. At this latitude, Lebanon averages roughly 8.4 hours of sun a day in June and 3.6 in December.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- SqFt
- 6,549
- Price / SqFt
- $198.50
- Property Type
- Residential Income
- Year Built
- 1890
- County
- NH-Grafton
- Town
- Lebanon, NH
- Status
- Active
- Days on Market
- 33
Primary Features
- County
- NH-Grafton
- Property Type
- Residential Income
- Year Built
- 1890
- Zoning
- CBD
Interior Features
- Appliances
- Gas Water Heater, Water Heater off Boiler
- Basement
- Yes
- Basement Access Type
- Walk-up
- Basement Description
- Dirt Floor, Partial, Exterior Entry, Unfinished
- Cooling
- None
- Electric
- 150 Amp Service
- Flooring
- Carpet, Vinyl, Vinyl Plank
- Heating
- Propane, Hot Water
- SqFt-Approximate Finished Above Grade
- 6,549
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 6,549
- SqFt Approximate Total
- 9,304
Financial Details
- Electric Company
- Liberty
- Fuel Company
- Dead river
- Tax - Gross Amount
- $14,312
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Aluminum Siding, T1-11 Exterior
- Covenants
- Unknown
- Easements
- Unknown
- Flood Zone
- Unknown
- Pre-Construction
- No
- Seasonal
- Unknown
- Total Stories
- 3
- Surveyed
- Unknown
External Features
- Driveway
- Common/Shared, Gravel, Right-Of-Way (ROW)
- Exterior Features
- Covered Porch
- Foundation
- Fieldstone, Pillar/Post/Pier
- Garage
- No
- Lot Features
- Curbing, Rental Complex, Street Lights, In Town, Near Shopping, Near Public Transit, Near School(s)
- Lot - Acres
- 0.36
- Lot - SqFt
- 15,682
- Road Frontage Type
- Public Maintained Road
- Road Frontage
- Yes
- Road Frontage Length
- 55
- Roof
- Shingle, Slate
- Sewer
- Public
- Utilities
- Propane
- Water Source
- Public
MLS®: PrimeMLS #5110541; Listed by Beacon Realty Group, LLC · Luke Stapleton · 802-526-9243
Property History
Estimated annual taxes for this property
- 2024
- $22,100
- 2023
- $21,548
- 2022
- $20,995
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Lebanon
- 55
- Average list price
- $761,983
- Price range
- $349,900 – $2,900,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$8,686/ mo
- Principal & Interest
- $6,574
- Property Tax
- $1,842
- Home Insurance
- $271
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 36-48 Main Street, Lebanon, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How much does 36-48 Main Street cost?
36-48 Main Street in Lebanon, NH is listed for $1,300,000 on PrimeMLS.
That is about $199 per square foot of finished living space.
It came on the market on September 18, 2026.
How big is 36-48 Main Street?
36-48 Main Street in Lebanon, NH has 6,549 square feet of finished living space.
What type of home is 36-48 Main Street?
36-48 Main Street in Lebanon, NH is a multi-family income property built in 1890.
The MLS lists its style as Apartment Building, with three stories.
What town is 36-48 Main Street in?
36-48 Main Street is in Lebanon, New Hampshire 03784, in Grafton County.
Location notes from the MLS: in town, near shopping, near public transit and near school(s).
What is the lot size of 36-48 Main Street?
36-48 Main Street in Lebanon, NH sits on 0.36 acres, per the MLS.
The lot is described as curbing, rental complex and street lights.
It has 55 feet of road frontage (public maintained road).
Zoning: CBD.
What are the annual property taxes for 36-48 Main Street?
Annual property taxes on 36-48 Main Street in Lebanon, NH are $14,312 for the 2025 tax year, per the MLS.
New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Lebanon assessing office.
What heating and cooling does 36-48 Main Street have?
36-48 Main Street in Lebanon, NH is heated by propane and hot water, per the MLS.
The MLS lists no cooling system.
What are the water and sewer systems at 36-48 Main Street?
36-48 Main Street in Lebanon, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 150 amp service (Liberty).
Other utilities: propane.
Does 36-48 Main Street have a basement?
Yes. 36-48 Main Street in Lebanon, NH has a basement with walk-up access.
The MLS describes it as dirt floor, partial, exterior entry and unfinished.
What are the key features of 36-48 Main Street?
Outside, the MLS lists these features at 36-48 Main Street in Lebanon, NH: covered porch.
Flooring: carpet, vinyl and vinyl plank.
Listed appliances: gas water heater and water heater off boiler; confirm which ones convey in the purchase agreement.
What parking does 36-48 Main Street have?
The MLS lists no garage at 36-48 Main Street in Lebanon, NH; parking is off a common/shared, gravel and right-of-way (ROW) driveway.
Is 36-48 Main Street still for sale?
Yes. 36-48 Main Street in Lebanon, NH is listed as Active on PrimeMLS (MLS #5110541).
Status can change quickly; contact us to confirm availability before you visit.
Which brokerage has 36-48 Main Street listed?
36-48 Main Street in Lebanon, NH is listed by Luke Stapleton of Beacon Realty Group, LLC (802-526-9243).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
How does the price of 36-48 Main Street compare with other Lebanon listings?
At $1,300,000, 36-48 Main Street in Lebanon, NH is priced above the $775,000 median asking price of the 7 multi-family properties for sale in Lebanon on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How can I see 36-48 Main Street in person?
To see 36-48 Main Street in Lebanon, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended 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 11/03/26.