Real Estate Investment Properties for Sale in Lebanon, KY

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

Explore a variety of short-term homes & houses in Lebanon, KY. Invest wisely with VRBO & Lebanon, KY 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, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
346 Lake Ave Lebanon, KY This brick ranch features 3 bedrooms, 1 full bath, a cozy living room, and a bright kitche...	3 beds \| 1 baths \| 1,107 sq.ft.	$150,000	Airbnb cash on cash: 5.26% Traditional cash on cash: 9.89% Airbnb Rental Income: $1564 Traditional Rental Income: $1779 Airbnb ROI: 5.26% Traditional ROI: 9.89%
128 Scenic Hill Dr Lebanon, KY Welcome to this meticulously maintained home in the sought-after Ridgeview subdivision of ...	3 beds \| 2 baths \| 1,322 sq.ft.	$260,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.22% Airbnb Rental Income: $1564 Traditional Rental Income: $1582 Airbnb ROI: 2.31% Traditional ROI: 4.22%
322 North Forest St Lebanon, KY Nice 3 bed(possibility of a 4th bedroom), 1 full bath home located in Lebanon. This home ...	3 beds \| 1 baths \| 1,525 sq.ft.	$174,900	Airbnb cash on cash: 4.28% Traditional cash on cash: 9.99% Airbnb Rental Income: $1564 Traditional Rental Income: $2066 Airbnb ROI: 4.28% Traditional ROI: 9.99%
318 East High St Lebanon, KY Amazing, move in ready, 3 bedroom 1 full bath brick ranch home in a great location. The h...	3 beds \| 1 baths \| 1,249 sq.ft.	$197,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 3.59% Airbnb Rental Income: $1564 Traditional Rental Income: $989 Airbnb ROI: 4.26% Traditional ROI: 3.59%
2360 danville hwy Lebanon, KY Looking for a move-in ready Home look no further!!! This newly renovated spacious home has...	3 beds \| 2 baths \| 2,304 sq.ft.	$399,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.58% Airbnb Rental Income: $1564 Traditional Rental Income: $2507 Airbnb ROI: 0.87% Traditional ROI: 4.58%
480 N. Spalding Avenue Lebanon, KY Prominently posted on the iconic N. Spalding Avenue is where you will find this historic h...	4 beds \| 2 baths \| 2,645 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2640 Airbnb ROI: N/A Traditional ROI: 5.9%
167 W. High Street Lebanon, KY WOW... here is a beautiful home that brilliantly combines that yesteryear charm with today...	3 beds \| 2 baths \| 2,286 sq.ft.	$229,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 9.57% Airbnb Rental Income: $1564 Traditional Rental Income: $2417 Airbnb ROI: 3.58% Traditional ROI: 9.57%
100 Kirk Street Lebanon, KY LIKE NEW - MOVE IN READY - HOME WITH INGROUND POOL located in beautiful Rosewood Subdivisi...	3 beds \| 3 baths \| 2,472 sq.ft.	$530,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.63% Airbnb Rental Income: $1564 Traditional Rental Income: $2808 Airbnb ROI: 0.21% Traditional ROI: 3.63%
185 Shreve Lane Lebanon, KY Come get that fresh country air with this spacious home that is nestled on a 5.79-acre (+/...	5 beds \| 3 baths \| 3,372 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $3256 Airbnb ROI: N/A Traditional ROI: 7.2%
128 Skyline Dr Lebanon, KY Welcome to Ridgeview, one of Lebanon's most peaceful and convenient neighborhoods. Tucked ...	3 beds \| 2 baths \| 1,284 sq.ft.	$250,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.55% Airbnb Rental Income: $1564 Traditional Rental Income: $2078 Airbnb ROI: 2.47% Traditional ROI: 6.55%
166 Old Hickory Lebanon, KY Super 3 bed, 2 full bath in an Awesome Neighborhood! This fantastic home offers a layout ...	3 beds \| 2 baths \| 1,918 sq.ft.	$385,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.75% Airbnb Rental Income: $1564 Traditional Rental Income: $2484 Airbnb ROI: 0.97% Traditional ROI: 4.75%
1575 Shortline Pike Lebanon, KY Enjoy peaceful country living in this charming 4 bedroom, 2 full bath home setting on 3+/-...	4 beds \| 2 baths \| 2,376 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2556 Airbnb ROI: N/A Traditional ROI: 6.59%
105 N. Farmington Drive Lebanon, KY Beautiful Condo located 105 N. Farmington Drive in the outstanding Highland Park. Home has...	3 beds \| 3 baths \| 2,160 sq.ft.	$269,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 9.35% Airbnb Rental Income: $1564 Traditional Rental Income: $2943 Airbnb ROI: 2.16% Traditional ROI: 9.35%
95 Mack Brady Road Lebanon, KY Welcome to this freshly renovated house that is ready to be your like-new home! Come on in...	3 beds \| 3 baths \| 1,984 sq.ft.	$299,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.53% Airbnb Rental Income: $1564 Traditional Rental Income: $2459 Airbnb ROI: 1.76% Traditional ROI: 6.53%
653 Doctor St Lebanon, KY Check out this brand new 3 bedroom, 2 full bath home featuring a smart, functional layout ...	3 beds \| 2 baths \| 1,137 sq.ft.	$225,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 7.93% Airbnb Rental Income: $1564 Traditional Rental Income: $2002 Airbnb ROI: 3.76% Traditional ROI: 7.93%
465 Casey Ave Lebanon, KY Check out this fantastic 3 bedroom, 2 bath home that is move in ready! Sitting on a great...	3 beds \| 2 baths \| 1,330 sq.ft.	$225,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 7.48% Airbnb Rental Income: $1564 Traditional Rental Income: $2012 Airbnb ROI: 3.26% Traditional ROI: 7.48%
50 Hancock Street Lebanon, KY You can just tell when a home has been well-kept and this certainly one of those homes. We...	3 beds \| 2 baths \| 2,088 sq.ft.	$249,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 8.75% Airbnb Rental Income: $1564 Traditional Rental Income: $2444 Airbnb ROI: 3.12% Traditional ROI: 8.75%
513 N. Loretto Road Lebanon, KY Here is an adorable and affordable house conveniently located close to town and just waiti...	3 beds \| 1 baths \| 1,092 sq.ft.	$174,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 8.62% Airbnb Rental Income: $1564 Traditional Rental Income: $1732 Airbnb ROI: 4.92% Traditional ROI: 8.62%
109 Clearwater Drive Lebanon, KY Step into the Nancy plan, a masterful fusion of form and function that optimizes every squ...	4 beds \| N/A baths \| 2,164 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2413 Airbnb ROI: N/A Traditional ROI: 3.96%
105 Clearwater Drive Lebanon, KY The Martha plan is your canvas for crafting the ideal home that suits your unique lifestyl...	3 beds \| 2 baths \| 1,580 sq.ft.	$389,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 3.21% Airbnb Rental Income: $1564 Traditional Rental Income: $1978 Airbnb ROI: 0.85% Traditional ROI: 3.21%

Real Estate investment in Lebanon, KY

There are 20 properties for sale in the city of Lebanon . The median list price in Lebanon is $250,000 and the average price per square foot is $143. In November 2025, the average monthly cash on cash return in Lebanon is 7.00%. The average monthly rental income in Lebanon is $2,078.

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

There are 20 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 $2,078.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, KY

346 Lake Ave

Lebanon, KY

3 beds | 1 baths | 1,107 sq.ft.

$150,000

Airbnb cash on cash: 5.26%

Traditional cash on cash: 9.89%

Airbnb Rental Income: $1564

Traditional Rental Income: $1779

Airbnb ROI: 5.26%

Traditional ROI: 9.89%

128 Scenic Hill Dr

Lebanon, KY

3 beds | 2 baths | 1,322 sq.ft.

$260,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1564

Traditional Rental Income: $1582

Airbnb ROI: 2.31%

Traditional ROI: 4.22%

322 North Forest St

Lebanon, KY

3 beds | 1 baths | 1,525 sq.ft.

$174,900

Airbnb cash on cash: 4.28%

Traditional cash on cash: 9.99%

Airbnb Rental Income: $1564

Traditional Rental Income: $2066

Airbnb ROI: 4.28%

Traditional ROI: 9.99%

318 East High St

Lebanon, KY

3 beds | 1 baths | 1,249 sq.ft.

$197,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1564

Traditional Rental Income: $989

Airbnb ROI: 4.26%

Traditional ROI: 3.59%

2360 danville hwy

Lebanon, KY

3 beds | 2 baths | 2,304 sq.ft.

$399,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1564

Traditional Rental Income: $2507

Airbnb ROI: 0.87%

Traditional ROI: 4.58%

480 N. Spalding Avenue

Lebanon, KY

4 beds | 2 baths | 2,645 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2640

Airbnb ROI: N/A

Traditional ROI: 5.9%

167 W. High Street

Lebanon, KY

3 beds | 2 baths | 2,286 sq.ft.

$229,900

Airbnb cash on cash: 3.58%

Traditional cash on cash: 9.57%

Airbnb Rental Income: $1564

Traditional Rental Income: $2417

Airbnb ROI: 3.58%

Traditional ROI: 9.57%

100 Kirk Street

Lebanon, KY

3 beds | 3 baths | 2,472 sq.ft.

$530,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1564

Traditional Rental Income: $2808

Airbnb ROI: 0.21%