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
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: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2041 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $1314 Airbnb ROI: N/A Traditional ROI: 5.87%
817 Hamilton Street Lebanon, IN This well-maintained 3 bedroom, 1 bathroom home has several major updates throughout. The ...	2 beds \| 1 baths \| 975 sq.ft.	$185,000	Airbnb cash on cash: 6.44% Traditional cash on cash: 4.41% Airbnb Rental Income: $2214 Traditional Rental Income: $1300 Airbnb ROI: 6.44% Traditional ROI: 4.41%
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.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $4840 Airbnb ROI: N/A Traditional ROI: 3.58%
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: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2098 Airbnb ROI: N/A 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%
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 Need space inside and out? This is it!!!!...Home is 3350' of living space, at only $215 a ...	4 beds \| 3 baths \| 3,350 sq.ft.	$720,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $2925 Airbnb ROI: N/A Traditional ROI: 2.37%
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: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $1836 Airbnb ROI: N/A Traditional ROI: 2.53%
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.	$618,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $3414 Airbnb ROI: N/A Traditional ROI: 4.29%
2305 Golfside Drive Lebanon, IN Beautiful home located in the prestigious Golfside at Ulen community! This 5-bedroom, 2.5-...	5 beds \| 3 baths \| 3,082 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $3054 Airbnb ROI: N/A Traditional ROI: 3.75%
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.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2384 Airbnb ROI: N/A Traditional ROI: 4.8%
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.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.92% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 8.92%
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.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $1315 Airbnb ROI: N/A Traditional ROI: 4.26%
1013 Evans Street Lebanon, IN Move-In Ready 3 Bed, 2 Bath Home in Lebanon, IN! Built in 2019, this practically new, ...	3 beds \| 2 baths \| 1,400 sq.ft.	$317,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1946 Airbnb ROI: N/A Traditional ROI: 4.47%
920 Pleasant Street Lebanon, IN Stunning newer build in the heart of downtown Lebanon with no HOA. Meticulously maintained...	3 beds \| 2 baths \| 1,583 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2172 Airbnb ROI: N/A Traditional ROI: 4.9%
3377 E 100 S Lebanon, IN Welcome to your own little slice of quiet paradise! Nestled at 3377 E 100 S, LEBANON, IN, ...	3 beds \| 4 baths \| 2,940 sq.ft.	$799,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $3001 Airbnb ROI: N/A Traditional ROI: 2.4%
2726 Sand Hollow Drive Lebanon, IN Welcome to this charming single-family residence in the desirable Boone County community o...	3 beds \| 2 baths \| 1,692 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $2369 Airbnb ROI: N/A Traditional ROI: 4.67%
1405 Elizabeth Drive Lebanon, IN You must see this recently updated 3 bedroom home in Mar Lee Manor! The spacious living ro...	3 beds \| 1 baths \| 1,040 sq.ft.	$207,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $1412 Airbnb ROI: N/A Traditional ROI: 5.16%
305 E Howard Street Lebanon, IN Welcome to your stunningly remodeled 3 bedroom 2 full bathroom home located just a few blo...	3 beds \| 2 baths \| 1,092 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $1622 Airbnb ROI: N/A Traditional ROI: 5.57%
2429 Lakeshore Court Lebanon, IN Tucked away at the end of a peaceful cul-de-sac, this charming 4-bedroom, 3-bath home has ...	4 beds \| 3 baths \| 1,936 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 6.87%
330 Atlas Drive Lebanon, IN New Construction by Fischer Homes in beautiful Cedar Point community, featuring the Jensen...	4 beds \| 3 baths \| 2,793 sq.ft.	$410,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $2787 Airbnb ROI: N/A Traditional ROI: 5.02%
1002 Deodar Street Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community with the Yosemite...	4 beds \| 3 baths \| 2,263 sq.ft.	$389,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2630 Airbnb ROI: N/A Traditional ROI: 4.96%
816 Northfield Drive Lebanon, IN Welcome home to this beautifully updated 3-bedroom, 1.5-bath ranch perfectly situated in t...	3 beds \| 2 baths \| 1,268 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $1805 Airbnb ROI: N/A Traditional ROI: 5.27%
1431 Beck Street Lebanon, IN You must see this recently updated 3 bedroom 2 bathroom home with an attached en-suite bat...	3 beds \| 2 baths \| 960 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $1478 Airbnb ROI: N/A Traditional ROI: 6%
1209 Park Drive Lebanon, IN Great Location! Tucked back in a quiet neighborhood, within walking distance of the High S...	3 beds \| 2 baths \| 1,386 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $1867 Airbnb ROI: N/A Traditional ROI: 6.66%
3505 W 50 S Lebanon, IN Historic farm house with 5 bedrooms, and 2 full baths was built in 1905 and offers 2,880 s...	5 beds \| 2 baths \| 2,880 sq.ft.	$499,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2658 Airbnb ROI: N/A Traditional ROI: 3.79%
1102 Fairlane Drive Lebanon, IN Great opportunity with this 3 bedroom 1 bath ranch fixer upper. The large lot with pond vi...	3 beds \| 1 baths \| 1,036 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.28% Airbnb Rental Income: $null Traditional Rental Income: $1459 Airbnb ROI: N/A Traditional ROI: 9.28%

Real Estate investment in Lebanon, IN

There are 28 properties for sale in the city of Lebanon . The median list price in Lebanon is $340,000 and the average price per square foot is $164. In December 2025, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $2,172.

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

There are 28 investment properties available for sale in Lebanon.

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

The ROI for Short-Term is higher than the Long-Term in Lebanon with average rental income of $2,214.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IN

610 Atlas Drive

Lebanon, IN

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

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2041

Airbnb ROI: N/A

Traditional ROI: 3.93%

624 W Walnut Street

Lebanon, IN

3 beds | 1 baths | 720 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1314

Airbnb ROI: N/A

Traditional ROI: 5.87%

817 Hamilton Street

Lebanon, IN

2 beds | 1 baths | 975 sq.ft.

$185,000

Airbnb cash on cash: 6.44%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $2214

Traditional Rental Income: $1300

Airbnb ROI: 6.44%

Traditional ROI: 4.41%

695 N 650 W

Lebanon, IN

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

$995,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.58%

Airbnb Rental Income: $null

Traditional Rental Income: $4840

Airbnb ROI: N/A

Traditional ROI: 3.58%

2751 Sand Hollow Drive

Lebanon, IN

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

$324,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2098

Airbnb ROI: N/A

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%

7770 N 50 W

Lebanon, IN

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

4 beds | 3 baths | 3,350 sq.ft.

$720,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2925

Airbnb ROI: N/A