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
1608 Austin Dr Lebanon, IN Plenty of space to enjoy in this 2 story home with comfortable great room, family room and...	3 beds \| 2 baths \| 1,992 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $1869 Airbnb ROI: N/A Traditional ROI: 4.84%
2127 Manor Dr Lebanon, IN "Cute As A Button" 2 bedroom, 1 bath home with new roof and new windows in 2017! Both bedr...	2 beds \| 1 baths \| 912 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $1045 Airbnb ROI: N/A Traditional ROI: 3.52%
2109 Center Dr Lebanon, IN Look no further! 3 BR, 2 1/2 bath home in Brendanwood! Great location- close to Ulen Golf ...	3 beds \| 2 baths \| 2,361 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $1969 Airbnb ROI: N/A Traditional ROI: 2.08%
6775 S 475 E Lebanon, IN Charming country 2 bedroom house w/2 full baths, including a two car pole barn with 2 bedr...	2 beds \| N/A baths \| 1,542 sq.ft.	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.32% Airbnb Rental Income: $null Traditional Rental Income: $1244 Airbnb ROI: N/A Traditional ROI: -0.32%
2631 Sand Hollow Dr Lebanon, IN Built in 2021, never lived in - 3 bedroom, 2 bath ranch at 1700 sq ft with upgrades galore...	3 beds \| 2 baths \| 1,692 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $1897 Airbnb ROI: N/A Traditional ROI: 3.44%
611 S Lebanon St Lebanon, IN Classic American Foursquare home in the heart of Lebanon with 4 bedrooms, 2 bathrooms & an...	4 beds \| 2 baths \| 1,603 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $1675 Airbnb ROI: N/A Traditional ROI: 6.27%
7070 Covington St Lebanon, IN The ranch collection at Cardinal Pointe features LENNARâs Everythingâs IncludedÂ® pack...	3 beds \| 2 baths \| 1,587 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $1888 Airbnb ROI: N/A Traditional ROI: 2.81%
520 Atlas Dr Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community with the Cumberla...	4 beds \| 2 baths \| 2,452 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2106 Airbnb ROI: N/A Traditional ROI: 3.32%
610 Atlas Dr Lebanon, IN Very unique, and like-new Fischer Homes built in 2023, in Lebanon's Cedar Ridge! Why build...	3 beds \| 2 baths \| 1,872 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $2041 Airbnb ROI: N/A Traditional ROI: 2.39%
1125 Helena Dr Lebanon, IN When you walk into the Living room you will see the large kitchen with plenty of cabinets....	4 beds \| 2 baths \| 1,928 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $1675 Airbnb ROI: N/A Traditional ROI: 3.85%
1024 Cyprian Way Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community with the Preston ...	3 beds \| 2 baths \| 1,632 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $1736 Airbnb ROI: N/A Traditional ROI: 2.8%
1022 Cyprian Way Lebanon, IN New Construction by Fischer Homes in the beautiful Cedar Ridge community with the Jensen p...	4 beds \| 2 baths \| 2,800 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2217 Airbnb ROI: N/A Traditional ROI: 3.69%
2435 Shorewood Dr Lebanon, IN Incredible 3 bed 2 bath home w/ an office & 4 seasons room in Daniels Crossing! At first s...	3 beds \| 2 baths \| 2,126 sq.ft.	$363,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A Traditional ROI: 3.5%
4955 Oak Hill Dr Lebanon, IN This beautiful home is actually located in Whitestown (in Golf Club of Indiana). You will ...	4 beds \| 2 baths \| 2,788 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $2861 Airbnb ROI: N/A Traditional ROI: 4.32%
5059 Maddox Ln Lebanon, IN Stunning Model Home available, overlooking the 14th Hole of the Golf Club of Indiana with ...	4 beds \| 3 baths \| 2,692 sq.ft.	$533,200	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2574 Airbnb ROI: N/A Traditional ROI: 3.13%
825 W Essex St Lebanon, IN Investor special!! Lots of potential with this spacious home on a corner lot. With a litt...	3 beds \| 2 baths \| 1,749 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 5.13%
523 W Pearl St Lebanon, IN Look no further! This is what you've been waiting for. A one level completely remodeled ho...	3 beds \| 2 baths \| 1,878 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2027 Airbnb ROI: N/A Traditional ROI: 5.42%
2751 Sand Hollow Dr Lebanon, IN Stunning 3-Bedroom, 2-Bathroom Ryan Home - Built in 2023! This meticulously maintained, lo...	3 beds \| 2 baths \| 1,608 sq.ft.	$317,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2098 Airbnb ROI: N/A Traditional ROI: 4.19%
1006 Barry Dr Lebanon, IN Welcome to this gorgeous modern ranch with updates galore, located in the desirable Chadwi...	3 beds \| 2 baths \| 1,729 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $2068 Airbnb ROI: N/A Traditional ROI: 2.86%
2004 Terrace Ln 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.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $3414 Airbnb ROI: N/A Traditional ROI: 4.95%
775 Black Rock Cir Lebanon, IN Welcome to the Birch at Sunbrook! This 2-car garage single-family home is highlighted by a...	4 beds \| 2 baths \| 1,658 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $2286 Airbnb ROI: N/A Traditional ROI: 5.34%
2018 Elizaville Rd Lebanon, IN 2018 Elizaville Rd, Lebanon, IN 46052 \| Single Family Residential	5 beds \| 3 baths \| 2,838 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2447 Airbnb ROI: N/A Traditional ROI: 2.91%
Cortland Plan Lebanon, IN Cortland Plan, Lebanon, IN 46052 \| Single Family Residential	4 beds \| 3 baths \| 2,278 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2095 Airbnb ROI: N/A Traditional ROI: 3.13%
Dayton Plan Lebanon, IN Dayton Plan, Lebanon, IN 46052 \| Single Family Residential	5 beds \| 3 baths \| 3,388 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $2280 Airbnb ROI: N/A Traditional ROI: 3.03%
DaVinci Plan Lebanon, IN DaVinci Plan, Lebanon, IN 46052 \| Single Family Residential	2 beds \| 2 baths \| 1,730 sq.ft.	$340,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $1628 Airbnb ROI: N/A Traditional ROI: 2.95%
Beacon Plan Lebanon, IN Beacon Plan, Lebanon, IN 46052 \| Single Family Residential	2 beds \| 2 baths \| 1,413 sq.ft.	$311,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $1312 Airbnb ROI: N/A Traditional ROI: 2.31%
Wesley Plan Lebanon, IN Wesley Plan, Lebanon, IN 46052 \| Single Family Residential	3 beds \| 2 baths \| 1,842 sq.ft.	$337,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $1647 Airbnb ROI: N/A Traditional ROI: 3.05%
Yosemite Plan Lebanon, IN Yosemite Plan, Lebanon, IN 46052 \| Single Family Residential	3 beds \| 2 baths \| 2,258 sq.ft.	$345,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $1809 Airbnb ROI: N/A Traditional ROI: 3.44%
Fairfax Plan Lebanon, IN Fairfax Plan, Lebanon, IN 46052 \| Single Family Residential	4 beds \| 2 baths \| 2,330 sq.ft.	$361,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $1866 Airbnb ROI: N/A Traditional ROI: 3.38%
Chatham Plan Lebanon, IN Chatham Plan, Lebanon, IN 46052 \| Single Family Residential	4 beds \| 2 baths \| 1,771 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $1660 Airbnb ROI: N/A Traditional ROI: 2.99%
Jensen Plan Lebanon, IN Jensen Plan, Lebanon, IN 46052 \| Single Family Residential	4 beds \| 2 baths \| 2,794 sq.ft.	$366,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2010 Airbnb ROI: N/A Traditional ROI: 3.72%
Breckenridge Plan Lebanon, IN Breckenridge Plan, Lebanon, IN 46052 \| Single Family Residential	4 beds \| 2 baths \| 3,135 sq.ft.	$381,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 3.52%
750 S 500 W Lebanon, IN 750 S 500 W, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.36% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: 0.36%
3760 N State Road 39 Lebanon, IN 3760 N State Road 39, Lebanon, IN 46052 \| Other	3 beds \| N/A baths \| N/A	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.33% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.33%
17 N 300 W Lebanon, IN 17 N 300 W, Lebanon, IN 46052 \| Other	3 beds \| N/A baths \| N/A	$177,272	Airbnb cash on cash: N/A Traditional cash on cash: 0.14% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: 0.14%
5151 E 150 S Lebanon, IN 5151 E 150 S, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$1,323,250	Airbnb cash on cash: N/A Traditional cash on cash: -1.57% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.57%
5005 W 200 S Lebanon, IN 5005 W 200 S, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$1,099,800	Airbnb cash on cash: N/A Traditional cash on cash: -1.52% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.52%
3901 N State Road 52 Lebanon, IN 3901 N State Road 52, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.73% Airbnb Rental Income: $null Traditional Rental Income: $438 Airbnb ROI: N/A Traditional ROI: 0.73%
6745 S 475 E Lebanon, IN 6745 S 475 E, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.65% Airbnb Rental Income: $null Traditional Rental Income: $423 Airbnb ROI: N/A Traditional ROI: -1.65%
545 S 500 E Lebanon, IN 545 S 500 E, Lebanon, IN 46052 \| Other	N/A beds \| N/A baths \| N/A	$9,550,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.81% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.81%

Real Estate investment in Lebanon, IN

There are 209 properties for sale in the city of Lebanon . The median list price in Lebanon is $285,829 and the average price per square foot is $119. In October 2026, the average monthly cash on cash return in Lebanon is 3.00%. The average monthly rental income in Lebanon is $1,862.

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

There are 209 investment properties available for sale in Lebanon.

The ROI for Short-Term is higher than the Long-Term in Lebanon with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, IN

1608 Austin Dr

Lebanon, IN

3 beds | 2 baths | 1,992 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.84%

Airbnb Rental Income: $null

Traditional Rental Income: $1869

Airbnb ROI: N/A

Traditional ROI: 4.84%

2127 Manor Dr

Lebanon, IN

2 beds | 1 baths | 912 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.52%

Airbnb Rental Income: $null

Traditional Rental Income: $1045

Airbnb ROI: N/A

Traditional ROI: 3.52%

2109 Center Dr

Lebanon, IN

3 beds | 2 baths | 2,361 sq.ft.

$569,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.08%

Airbnb Rental Income: $null

Traditional Rental Income: $1969

Airbnb ROI: N/A

Traditional ROI: 2.08%

6775 S 475 E

Lebanon, IN

2 beds | N/A baths | 1,542 sq.ft.

$1,800,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1244

Airbnb ROI: N/A

Traditional ROI: -0.32%

2631 Sand Hollow Dr

Lebanon, IN

3 beds | 2 baths | 1,692 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1897

Airbnb ROI: N/A

Traditional ROI: 3.44%

611 S Lebanon St

Lebanon, IN

4 beds | 2 baths | 1,603 sq.ft.

$209,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1675

Airbnb ROI: N/A

Traditional ROI: 6.27%

7070 Covington St

Lebanon, IN

3 beds | 2 baths | 1,587 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1888

Airbnb ROI: N/A

Traditional ROI: 2.81%

520 Atlas Dr

Lebanon, IN

4 beds | 2 baths | 2,452 sq.ft.

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2106

Airbnb ROI: N/A