Real Estate Investment Properties for Sale in Lebanon, IN

Looking for investment property in Lebanon, IN with high ROI ?

Explore a variety of short-term homes & houses in Lebanon, IN. Invest wisely with VRBO & Lebanon, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lebanon, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2215 Golfside Drive Lebanon, IN Stunning Home in Desirable Ulen Golfside Subdivision! Welcome to this beautifully maintai...	4 beds \| 3 baths \| 3,260 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $2732 Airbnb ROI: N/A Traditional ROI: 3.46%
990 Sunchaser Road Lebanon, IN This stunning, move-in-ready model home is located in the sought-after Sunbrook neighborho...	4 beds \| 3 baths \| 1,903 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2483 Airbnb ROI: N/A Traditional ROI: 5.33%
2751 Sand Hollow Drive Lebanon, IN Stunning 3-Bedroom, 2-Bathroom Ryan Home - Built in 2023! This meticulously maintained, lo...	3 beds \| 2 baths \| 1,608 sq.ft.	$325,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.07% Airbnb Rental Income: $1436 Traditional Rental Income: $2098 Airbnb ROI: 0.5% Traditional ROI: 4.07%
817 Hamilton Street Lebanon, IN Welcome to 817 Hamilton Street in Lebanon! This beautifully remodeled 2-bedroom, 1-bathroo...	2 beds \| 1 baths \| 975 sq.ft.	$185,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.52% Airbnb Rental Income: $1140 Traditional Rental Income: $1300 Airbnb ROI: 2.45% Traditional ROI: 5.52%
695 N 650 W Lebanon, IN 1860 School House Converted into a Stunning Traditional American/Craftsman Homestead. Thi...	5 beds \| 5 baths \| 4,224 sq.ft.	$1,001,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $4840 Airbnb ROI: N/A Traditional ROI: 3.55%
425 Atlas Drive Lebanon, IN Gorgeous new Fairfax American Classic plan by Fischer Homes in beautiful Cedar Ridge featu...	4 beds \| 3 baths \| 2,491 sq.ft.	$404,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2719 Airbnb ROI: N/A Traditional ROI: 4.94%
1903 Elizaville Road Lebanon, IN Welcome to this spacious and well-maintained 4-bedroom tri-level home, ideally situated in...	4 beds \| 2 baths \| 2,704 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.36% Airbnb Rental Income: $null Traditional Rental Income: $2510 Airbnb ROI: N/A Traditional ROI: 6.36%
1600 Sunnybrook Lane Lebanon, IN Welcome to your private retreat in a desirable golf course community, located adjacent to ...	4 beds \| 3 baths \| 2,500 sq.ft.	$499,400	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 2.36%
1000 Deodar Street Lebanon, IN Stylish new Beacon plan by Fischer Homes in beautiful Cedar Ridge featuring one floor livi...	3 beds \| 2 baths \| 1,418 sq.ft.	$342,990	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.78% Airbnb Rental Income: $1436 Traditional Rental Income: $1955 Airbnb ROI: 0.84% Traditional ROI: 3.78%
430 Atlas Drive Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community with the Yosemite...	4 beds \| 3 baths \| 2,252 sq.ft.	$374,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 5.16%
410 Atlas Drive Lebanon, IN Trendy new Breckenridge Western Craftsman plan by Fischer Homes in beautiful Cedar Ridge f...	4 beds \| 3 baths \| 3,135 sq.ft.	$416,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2850 Airbnb ROI: N/A Traditional ROI: 5.09%
420 Atlas Drive Lebanon, IN New Construction by Fischer Homes in the beautiful community of Cedar Ridge, featuring the...	4 beds \| 3 baths \| 2,800 sq.ft.	$409,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2798 Airbnb ROI: N/A Traditional ROI: 5.07%
1812 S 500 W Lebanon, IN Welcome to your incredible country oasis on just under 2 acres in the sought after Western...	3 beds \| 3 baths \| 2,832 sq.ft.	$539,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.45% Airbnb Rental Income: $1436 Traditional Rental Income: $3045 Airbnb ROI: 0.41% Traditional ROI: 4.45%
610 Atlas Drive Lebanon, IN Very unique, and like-new Fischer Homes built in 2023, in Lebanon's Cedar Ridge! Why build...	3 beds \| 3 baths \| 1,864 sq.ft.	$349,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.93% Airbnb Rental Income: $1436 Traditional Rental Income: $2041 Airbnb ROI: 0.79% Traditional ROI: 3.93%
7770 N 50 W Lebanon, IN The American Dream Awaits! This rare opportunity offers a stunning brick ranch perfectly s...	4 beds \| 3 baths \| 4,403 sq.ft.	$1,099,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2980 Airbnb ROI: N/A Traditional ROI: 1.12%
2466 St George Way Lebanon, IN Move-In Ready Home in Sunbrook - Loaded with Upgrades! Welcome to this stunning 4-bedro...	4 beds \| 3 baths \| 1,900 sq.ft.	$317,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2436 Airbnb ROI: N/A Traditional ROI: 5.9%
508 Ann Street Lebanon, IN Welcome to 508 Ann Street in Lebanon, IN - a charming 3-bedroom, 1-bath home tucked away o...	3 beds \| 1 baths \| 1,022 sq.ft.	$239,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 4.43% Airbnb Rental Income: $1436 Traditional Rental Income: $1445 Airbnb ROI: 2.5% Traditional ROI: 4.43%
624 W Walnut Street Lebanon, IN Welcome to this charming three-bedroom home! Enjoy an updated kitchen, efficient furnace, ...	3 beds \| 1 baths \| 720 sq.ft.	$175,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 5.87% Airbnb Rental Income: $1436 Traditional Rental Income: $1314 Airbnb ROI: 4.03% Traditional ROI: 5.87%
4726 E 210 N Lebanon, IN Stunning price on this 1-acre Ranch in Lebanon. Very private, rural location with room to ...	2 beds \| 2 baths \| 1,296 sq.ft.	$171,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 8.6% Airbnb Rental Income: $1140 Traditional Rental Income: $1768 Airbnb ROI: 2.42% Traditional ROI: 8.6%
511 N Clark Street Lebanon, IN Beautifully remodeled 3 bedroom, 2 full bath property. Located in Lebanon and close to dow...	3 beds \| 2 baths \| 1,850 sq.ft.	$315,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.71% Airbnb Rental Income: $1436 Traditional Rental Income: $2254 Airbnb ROI: 1.51% Traditional ROI: 5.71%
310 Atlas Drive Lebanon, IN Gorgeous new Greenbriar Coastal Classic plan by Fischer Homes in beautiful Cedar Ridge fea...	4 beds \| 3 baths \| 1,997 sq.ft.	$379,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 4.83%
2913 Lily Drive Lebanon, IN Seller may consider buyer concessions if made in an offer. Your dream home is waiting for ...	3 beds \| 2 baths \| 1,843 sq.ft.	$363,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.07% Airbnb Rental Income: $1436 Traditional Rental Income: $2202 Airbnb ROI: 0.56% Traditional ROI: 4.07%
7154 Covington Street Lebanon, IN Better than new! Located in the desirable Cardinal Pointe community, this almost 2,000 sq ...	2 beds \| 2 baths \| 1,994 sq.ft.	$422,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.54% Airbnb Rental Income: $1140 Traditional Rental Income: $2341 Airbnb ROI: -0.45% Traditional ROI: 3.54%
2747 Stonebridge Drive Lebanon, IN Welcome to your charming retreat in the delightful subdivision of Sunbrook Villas, where l...	3 beds \| 2 baths \| 1,528 sq.ft.	$319,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.97% Airbnb Rental Income: $1436 Traditional Rental Income: $2005 Airbnb ROI: 0.65% Traditional ROI: 3.97%
900 W Busby Street Lebanon, IN This one-of-a-kind Cape Cod-style home sits on a large private lot and offers privacy, ver...	3 beds \| 4 baths \| 3,215 sq.ft.	$595,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.31% Airbnb Rental Income: $1436 Traditional Rental Income: $3069 Airbnb ROI: -0.4% Traditional ROI: 3.31%
830 Sunchaser Road Lebanon, IN Welcome to this beautiful 4-bedroom, 2.5-bath home featuring a spacious open floor plan pe...	4 beds \| 3 baths \| 1,900 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 5.98%
1209 Chestnut Lane Lebanon, IN 2 bed 2 bath attached home in sought after Stable Walk is minutes to everything Lebanon ha...	2 beds \| 2 baths \| 1,332 sq.ft.	$255,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.45% Airbnb Rental Income: $1140 Traditional Rental Income: $1784 Airbnb ROI: 1.21% Traditional ROI: 5.45%
515 W Washington Street Lebanon, IN This historic craftsman bungalow features 10 foot ceilings, three bedrooms and one full ba...	3 beds \| 1 baths \| 1,376 sq.ft.	$240,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 5.31% Airbnb Rental Income: $1436 Traditional Rental Income: $1587 Airbnb ROI: 2.76% Traditional ROI: 5.31%
417 W Main Street Lebanon, IN Rare multi-family opportunity in Lebanon, IN. This duplex is perfect for an investor or a...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 2.09% Airbnb Rental Income: $1436 Traditional Rental Income: $947 Airbnb ROI: 2.36% Traditional ROI: 2.09%
400 Atlas Drive Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community featuring the Wes...	4 beds \| 3 baths \| 1,842 sq.ft.	$363,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2412 Airbnb ROI: N/A Traditional ROI: 4.8%
131 W Noble Street Lebanon, IN INCREDIBLE DEVELOPMENT POTENTIAL! This property includes 2 lots/parcels zoned R6 (resident...	4 beds \| 2 baths \| 1,952 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $2396 Airbnb ROI: N/A Traditional ROI: 8.13%
1336 Danielle Road Lebanon, IN Beautiful and very spacious home on an oversized lot in desirable Riley Ridge! Five bedroo...	5 beds \| 3 baths \| 3,030 sq.ft.	$373,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 6.07%
2000 Austin Drive Lebanon, IN Welcome home to this 3 bedroom, 2.5 bathroom home located in the Hickory Meadows neighborh...	3 beds \| 3 baths \| 2,226 sq.ft.	$299,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.34% Airbnb Rental Income: $1436 Traditional Rental Income: $2424 Airbnb ROI: 1.33% Traditional ROI: 6.34%

Real Estate investment in Lebanon, IN

There are 33 properties for sale in the city of Lebanon . The median list price in Lebanon is $342,990 and the average price per square foot is $158. In September 2025, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $2,412.

Lebanon, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Lebanon.

In 2025, the best neighborhood to buy investment property is Lebanon.

The ROI for Long-Term is higher than the Short-Term in Lebanon with average rental income of $2,412.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IN

2215 Golfside Drive

Lebanon, IN

4 beds | 3 baths | 3,260 sq.ft.

$529,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2732

Airbnb ROI: N/A

Traditional ROI: 3.46%

990 Sunchaser Road

Lebanon, IN

4 beds | 3 baths | 1,903 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2483

Airbnb ROI: N/A

Traditional ROI: 5.33%

2751 Sand Hollow Drive

Lebanon, IN

3 beds | 2 baths | 1,608 sq.ft.

$325,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1436

Traditional Rental Income: $2098

Airbnb ROI: 0.5%

Traditional ROI: 4.07%

817 Hamilton Street

Lebanon, IN

2 beds | 1 baths | 975 sq.ft.

$185,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1140

Traditional Rental Income: $1300

Airbnb ROI: 2.45%

Traditional ROI: 5.52%

695 N 650 W

Lebanon, IN

5 beds | 5 baths | 4,224 sq.ft.

$1,001,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.55%

Airbnb Rental Income: $null

Traditional Rental Income: $4840

Airbnb ROI: N/A

Traditional ROI: 3.55%

425 Atlas Drive

Lebanon, IN

4 beds | 3 baths | 2,491 sq.ft.

$404,990

Airbnb cash on cash: N/A

Traditional cash on cash: 4.94%

Airbnb Rental Income: $null

Traditional Rental Income: $2719

Airbnb ROI: N/A

Traditional ROI: 4.94%

1903 Elizaville Road

Lebanon, IN

4 beds | 2 baths | 2,704 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2510

Airbnb ROI: N/A

Traditional ROI: 6.36%

1600 Sunnybrook Lane

Lebanon, IN

4 beds | 3 baths | 2,500 sq.ft.

$499,400

Airbnb cash on cash: N/A

Traditional cash on cash: 2.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2059

Airbnb ROI: N/A