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
1325 W Camp Street Lebanon, IN Located at 1325 W Camp St, Lebanon, IN, this inviting single-family residence in Boone Cou...	3 beds \| 2 baths \| 1,144 sq.ft.	$235,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 5.58% Airbnb Rental Income: $1663 Traditional Rental Income: $1615 Airbnb ROI: 3.7% Traditional ROI: 5.58%
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: 1.36% Traditional cash on cash: 3.93% Airbnb Rental Income: $1663 Traditional Rental Income: $2041 Airbnb ROI: 1.36% Traditional ROI: 3.93%
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: 5.17% Traditional cash on cash: 5.87% Airbnb Rental Income: $1663 Traditional Rental Income: $1314 Airbnb ROI: 5.17% Traditional ROI: 5.87%
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%
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.	$324,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.08% Airbnb Rental Income: $1663 Traditional Rental Income: $2098 Airbnb ROI: 1.13% Traditional ROI: 4.08%
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.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 6.23%
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.	$399,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2719 Airbnb ROI: N/A Traditional ROI: 5.03%
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.	$334,990	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.91% Airbnb Rental Income: $1663 Traditional Rental Income: $1955 Airbnb ROI: 1.51% Traditional ROI: 3.91%
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: 1.12% Traditional cash on cash: 3.54% Airbnb Rental Income: $1887 Traditional Rental Income: $2341 Airbnb ROI: 1.12% Traditional ROI: 3.54%
4545 W 200 S Lebanon, IN Welcome to this beautiful country retreat, perfectly situated on over 7 acres of peaceful ...	3 beds \| 3 baths \| 2,891 sq.ft.	$675,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.82% Airbnb Rental Income: $1663 Traditional Rental Income: $3029 Airbnb ROI: -0.09% Traditional ROI: 2.82%
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.	$404,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $2798 Airbnb ROI: N/A Traditional ROI: 5.15%
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%
3625 Elm Swamp Road Lebanon, IN Nestled at 3625 Elm Swamp RD, LEBANON, IN, this single-family residence in Boone County of...	4 beds \| 3 baths \| 3,350 sq.ft.	$742,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $2925 Airbnb ROI: N/A Traditional ROI: 2.25%
523 E Noble Street Lebanon, IN This unique home offers a rare and highly sought-after combination of tranquility and conv...	3 beds \| 3 baths \| 2,611 sq.ft.	$424,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.53% Airbnb Rental Income: $1663 Traditional Rental Income: $1836 Airbnb ROI: 0.93% Traditional ROI: 2.53%
1107 W Royal Street Lebanon, IN Welcome to 1107 W Royal St, Lebanon, IN 46052-a property brimming with opportunity. This 3...	4 beds \| 1 baths \| 1,280 sq.ft.	$158,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.74% Airbnb Rental Income: $null Traditional Rental Income: $1653 Airbnb ROI: N/A Traditional ROI: 8.74%
2004 Terrace Lane Lebanon, IN Beautiful fully remodeled 5 bedroom 4 bath ranch home. Spacious corner lot and a half with...	5 beds \| 4 baths \| 2,703 sq.ft.	$629,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $3414 Airbnb ROI: N/A Traditional ROI: 4.21%
857 Sunchaser Road Lebanon, IN Welcome home to 857 Sunchaser Road, nestled in the Sunbrook subdivision. This spacious 5-b...	5 beds \| 3 baths \| 2,200 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 6.25%
2305 Golfside Drive Lebanon, IN Interior Photos will be done on Sunday and uploaded by Monday Beautiful home located in ...	5 beds \| 3 baths \| 3,082 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $3054 Airbnb ROI: N/A Traditional ROI: 3.71%
135 Westmoor Drive Lebanon, IN Brick ranch in Ulen North offering a circular driveway and oversized two-car garage. This ...	3 beds \| 3 baths \| 1,971 sq.ft.	$389,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.66% Airbnb Rental Income: $1663 Traditional Rental Income: $2384 Airbnb ROI: 1.41% Traditional ROI: 4.66%
307 N Park Street Lebanon, IN Welcome to 307 N Park St - a delightful blend of classic character and modern potential! T...	4 beds \| 2 baths \| 1,486 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.87% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 8.87%
1006 S Patterson Street Lebanon, IN Charming, low-maintenance ranch that won't disappoint! Feel right at home in the welcoming...	3 beds \| 1 baths \| 875 sq.ft.	$229,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 4.15% Airbnb Rental Income: $1663 Traditional Rental Income: $1315 Airbnb ROI: 3.61% Traditional ROI: 4.15%
926 Pleasant Street Lebanon, IN Feast your eyes on this delightful exclamation point of a home, dressed to impress and pra...	3 beds \| 2 baths \| 1,583 sq.ft.	$329,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.29% Airbnb Rental Income: $1663 Traditional Rental Income: $2040 Airbnb ROI: 1.58% Traditional ROI: 4.29%

Real Estate investment in Lebanon, IN

There are 22 properties for sale in the city of Lebanon . The median list price in Lebanon is $376,950 and the average price per square foot is $167. In October 2025, the average monthly cash on cash return in Lebanon is 4.00%. The average monthly rental income in Lebanon is $2,363.

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

There are 22 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 $2,363.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IN

1325 W Camp Street

Lebanon, IN

3 beds | 2 baths | 1,144 sq.ft.

$235,000

Airbnb cash on cash: 3.7%

Traditional cash on cash: 5.58%

Airbnb Rental Income: $1663

Traditional Rental Income: $1615

Airbnb ROI: 3.7%

Traditional ROI: 5.58%

610 Atlas Drive

Lebanon, IN

3 beds | 3 baths | 1,864 sq.ft.

$349,900

Airbnb cash on cash: 1.36%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1663

Traditional Rental Income: $2041

Airbnb ROI: 1.36%

Traditional ROI: 3.93%

624 W Walnut Street

Lebanon, IN

3 beds | 1 baths | 720 sq.ft.

$175,000

Airbnb cash on cash: 5.17%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1663

Traditional Rental Income: $1314

Airbnb ROI: 5.17%

Traditional ROI: 5.87%

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%

2751 Sand Hollow Drive

Lebanon, IN

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

$324,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1663

Traditional Rental Income: $2098

Airbnb ROI: 1.13%

Traditional ROI: 4.08%

1336 Danielle Road

Lebanon, IN

5 beds | 3 baths | 3,030 sq.ft.

$364,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2894

Airbnb ROI: N/A

Traditional ROI: 6.23%

425 Atlas Drive

Lebanon, IN

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

$399,990

Airbnb cash on cash: N/A

Traditional cash on cash: 5.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2719

Airbnb ROI: N/A

Traditional ROI: 5.03%

1000 Deodar Street

Lebanon, IN

3 beds | 2 baths | 1,418 sq.ft.

$334,990

Airbnb cash on cash: 1.51%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $1663

Traditional Rental Income: $1955

Airbnb ROI: 1.51%