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
216 Shortline Pike Lebanon, KY Welcome home to this lovely brick ranch located just off Danville Highway (Hwy 68). The ho...	3 beds \| 1 baths \| 1,344 sq.ft.	$189,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 8.23% Airbnb Rental Income: $1331 Traditional Rental Income: $1913 Airbnb ROI: 2.73% Traditional ROI: 8.23%
133 Skyline Drive Lebanon, KY Discover comfort, style and convenience in this exceptional 3 bedroom, 2 full bath home pe...	3 beds \| 2 baths \| 1,452 sq.ft.	$275,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 6.42% Airbnb Rental Income: $1331 Traditional Rental Income: $2238 Airbnb ROI: 1.34% Traditional ROI: 6.42%
507 Indian Creek Road Lebanon, KY Welcome to this spacious 2,930 square foot home in desirable neighborhood offering comfort...	5 beds \| 5 baths \| 3,530 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.98% Airbnb Rental Income: $null Traditional Rental Income: $5053 Airbnb ROI: N/A Traditional ROI: 7.98%
318 Hood Ave Lebanon, KY Cozy 2 Bedroom, 2 full bath cape cod home. Home was remodeled by previous owner in 2021-20...	2 beds \| 1 baths \| 882 sq.ft.	$159,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 8.97% Airbnb Rental Income: $436 Traditional Rental Income: $1737 Airbnb ROI: -1.32% Traditional ROI: 8.97%
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: 3.12% Traditional cash on cash: 9.99% Airbnb Rental Income: $1331 Traditional Rental Income: $2066 Airbnb ROI: 3.12% Traditional ROI: 9.99%
336 E. Main Street Lebanon, KY Here is an iconic home located right on Main Street that certainly brings the wonder and a...	5 beds \| 3 baths \| 3,968 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 5.23%
955 Bradfordsville Road Lebanon, KY Here is a sweet pad that is just the perfect little spot located conveniently close to tow...	2 beds \| 1 baths \| 993 sq.ft.	$179,900	Airbnb cash on cash: -1.38% Traditional cash on cash: 6.28% Airbnb Rental Income: $436 Traditional Rental Income: $1485 Airbnb ROI: -1.38% Traditional ROI: 6.28%
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: 0.35% Traditional cash on cash: 4.58% Airbnb Rental Income: $1331 Traditional Rental Income: $2507 Airbnb ROI: 0.35% 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.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $2640 Airbnb ROI: N/A Traditional ROI: 6.48%
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.	$220,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 10.04% Airbnb Rental Income: $1331 Traditional Rental Income: $2417 Airbnb ROI: 2.85% Traditional ROI: 10.04%
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: 1.65% Traditional cash on cash: 6.55% Airbnb Rental Income: $1331 Traditional Rental Income: $2078 Airbnb ROI: 1.65% 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.	$370,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.03% Airbnb Rental Income: $1331 Traditional Rental Income: $2484 Airbnb ROI: 0.53% Traditional ROI: 5.03%
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.	$269,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 7.44% Airbnb Rental Income: $1331 Traditional Rental Income: $2459 Airbnb ROI: 1.4% Traditional ROI: 7.44%
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.	$209,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 8.56% Airbnb Rental Income: $1331 Traditional Rental Income: $2002 Airbnb ROI: 3.12% Traditional ROI: 8.56%
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.	$219,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 10.05% Airbnb Rental Income: $1331 Traditional Rental Income: $2444 Airbnb ROI: 2.74% Traditional ROI: 10.05%
1775 Rush Branch Road Lebanon, KY Looking for a recently updated Tri-Level featuring 3 Bedrooms, an Office or 4th Bedroom in...	3 beds \| 1 baths \| 1,600 sq.ft.	$249,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.49% Airbnb Rental Income: $1331 Traditional Rental Income: $1825 Airbnb ROI: 1.65% Traditional ROI: 5.49%
135 Lee Avenue Lebanon, KY Looking for a place to put down roots in a thriving community? This charming brick home co...	3 beds \| 1 baths \| 1,107 sq.ft.	$189,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 7.85% Airbnb Rental Income: $1331 Traditional Rental Income: $1756 Airbnb ROI: 3.2% Traditional ROI: 7.85%
4415 N Loretto Road Lebanon, KY Sellers offering up to $8,000 toward buyerâs closing costs! Thatâs money that can help...	3 beds \| 2 baths \| 2,200 sq.ft.	$255,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 8.43% Airbnb Rental Income: $1331 Traditional Rental Income: $2511 Airbnb ROI: 1.82% Traditional ROI: 8.43%
246 N. Proctor Knott Avenue Lebanon, KY Here is a freshly renovated home conveniently located right in town close to all the ameni...	3 beds \| 2 baths \| 1,248 sq.ft.	$199,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 8.49% Airbnb Rental Income: $1331 Traditional Rental Income: $1930 Airbnb ROI: 3.17% Traditional ROI: 8.49%
275 Windy Lane Lebanon, KY Here is a gorgeous home with delightful curb appeal and sitting on some acreage out in the...	3 beds \| 3 baths \| 1,828 sq.ft.	$389,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.53% Airbnb Rental Income: $1331 Traditional Rental Income: $2325 Airbnb ROI: 0.69% Traditional ROI: 4.53%
223 Shuck Ave Lebanon, KY Looking for a home within walking distance of downtown Lebanon? Take a look at this nice ...	3 beds \| 1 baths \| 1,050 sq.ft.	$144,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 9.69% Airbnb Rental Income: $1331 Traditional Rental Income: $1610 Airbnb ROI: 4.69% Traditional ROI: 9.69%
235 Radio Station Road Lebanon, KY CASH OR CONVENTIONAL LOAN ONLY - Perched atop a grassy knoll overlooking a generous 2.5-ac...	3 beds \| 2 baths \| 2,211 sq.ft.	$249,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 8.38% Airbnb Rental Income: $1331 Traditional Rental Income: $2401 Airbnb ROI: 2.1% Traditional ROI: 8.38%

Real Estate investment in Lebanon, KY

There are 24 properties for sale in the city of Lebanon . The median list price in Lebanon is $525,000 and the average price per square foot is $201. In January 2026, the average monthly cash on cash return in Lebanon is 8.00%. The average monthly rental income in Lebanon is $2,151.

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

There are 24 investment properties available for sale in Lebanon.

In 2026, 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 $2,151.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, KY

216 Shortline Pike

Lebanon, KY

3 beds | 1 baths | 1,344 sq.ft.

$189,900

Airbnb cash on cash: 2.73%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1331

Traditional Rental Income: $1913

Airbnb ROI: 2.73%

Traditional ROI: 8.23%

133 Skyline Drive

Lebanon, KY

3 beds | 2 baths | 1,452 sq.ft.

$275,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $1331

Traditional Rental Income: $2238

Airbnb ROI: 1.34%

Traditional ROI: 6.42%

507 Indian Creek Road

Lebanon, KY

5 beds | 5 baths | 3,530 sq.ft.

$539,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.98%

Airbnb Rental Income: $null

Traditional Rental Income: $5053

Airbnb ROI: N/A

Traditional ROI: 7.98%

318 Hood Ave

Lebanon, KY

2 beds | 1 baths | 882 sq.ft.

$159,000

Airbnb cash on cash: -1.32%

Traditional cash on cash: 8.97%

Airbnb Rental Income: $436

Traditional Rental Income: $1737

Airbnb ROI: -1.32%

Traditional ROI: 8.97%

322 North Forest St

Lebanon, KY

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

$174,900

Airbnb cash on cash: 3.12%

Traditional cash on cash: 9.99%

Airbnb Rental Income: $1331

Traditional Rental Income: $2066

Airbnb ROI: 3.12%

Traditional ROI: 9.99%

336 E. Main Street

Lebanon, KY

5 beds | 3 baths | 3,968 sq.ft.

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2224

Airbnb ROI: N/A

Traditional ROI: 5.23%

955 Bradfordsville Road

Lebanon, KY

2 beds | 1 baths | 993 sq.ft.

$179,900

Airbnb cash on cash: -1.38%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $436

Traditional Rental Income: $1485

Airbnb ROI: -1.38%

Traditional ROI: 6.28%

2360 danville hwy

Lebanon, KY

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

$399,900

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1331

Traditional Rental Income: $2507

Airbnb ROI: 0.35%