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
171 West High Street Lebanon, KY Welcome to this inviting home that blends comfort and style! Featuring 3 bedrooms and 2 f...	3 beds \| 2 baths \| 1,504 sq.ft.	$219,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 8.32% Airbnb Rental Income: $1187 Traditional Rental Income: $2211 Airbnb ROI: 1.54% Traditional ROI: 8.32%
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.	$184,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 8.5% Airbnb Rental Income: $1187 Traditional Rental Income: $1913 Airbnb ROI: 2.17% Traditional ROI: 8.5%
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: 0.88% Traditional cash on cash: 6.42% Airbnb Rental Income: $1187 Traditional Rental Income: $2238 Airbnb ROI: 0.88% Traditional ROI: 6.42%
318 Hood Avenue Lebanon, KY Conveniently located right in town is where you will find this adorable house ready to be ...	2 beds \| 2 baths \| 870 sq.ft.	$159,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 8.91% Airbnb Rental Income: $483 Traditional Rental Income: $1737 Airbnb ROI: -1.06% Traditional ROI: 8.91%
255 North Proctor Knott Ave Lebanon, KY Located a couple of blocks from downtown Lebanon is this two story, 4 bedroom, 2.5 bath ho...	4 beds \| 3 baths \| 2,230 sq.ft.	$249,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 7.24% Airbnb Rental Income: $802 Traditional Rental Income: $2238 Airbnb ROI: -0.22% Traditional ROI: 7.24%
406 S. Proctor Knott Avenue Lebanon, KY Every so often you come across a place that stops you in your tracks and leaves you speech...	5 beds \| 4 baths \| 4,499 sq.ft.	$999,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $4300 Airbnb ROI: N/A Traditional ROI: 3.5%
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: 0.03% Traditional cash on cash: 4.58% Airbnb Rental Income: $1187 Traditional Rental Income: $2507 Airbnb ROI: 0.03% Traditional ROI: 4.58%
634 N. Spalding Avenue Lebanon, KY Welcome home to this darling brick ranch conveniently located close to town and boasting 2...	4 beds \| 3 baths \| 2,066 sq.ft.	$279,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 8.26% Airbnb Rental Income: $802 Traditional Rental Income: $2632 Airbnb ROI: 0.1% Traditional ROI: 8.26%
4210 Danville Hwy Lebanon, KY Country living with a 4 bedroom - 2 bath home located at 4210 Danville Hwy. Home has an en...	4 beds \| 2 baths \| N/A	$239,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 10.06% Airbnb Rental Income: $802 Traditional Rental Income: $2629 Airbnb ROI: 0.58% Traditional ROI: 10.06%
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.	$374,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.75% Airbnb Rental Income: $1187 Traditional Rental Income: $2325 Airbnb ROI: 0.41% Traditional ROI: 4.75%
318 Shuck Avenue Lebanon, KY This completely renovated 3-bedroom, 1-full-bath home is located on a quiet dead-end stree...	3 beds \| 1 baths \| 1,184 sq.ft.	$170,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 8.07% Airbnb Rental Income: $1187 Traditional Rental Income: $1701 Airbnb ROI: 2.51% Traditional ROI: 8.07%
154 Beechwood Street Lebanon, KY Welcome home to this beautifully maintained 3 bedroom, 2 bathroom residence offering 1,196...	3 beds \| 2 baths \| 1,196 sq.ft.	$225,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.79% Airbnb Rental Income: $1187 Traditional Rental Income: $1934 Airbnb ROI: 1.47% Traditional ROI: 6.79%
751 Carrico Loop Lebanon, KY Come immerse yourself in style and class with this newly built home nestled in the newly d...	3 beds \| 2 baths \| 1,522 sq.ft.	$349,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.68% Airbnb Rental Income: $1187 Traditional Rental Income: $2241 Airbnb ROI: 0.3% Traditional ROI: 4.68%
345 Bell Hollow Road Lebanon, KY Stone Home, being steel built construction in 1997 with over 2700 sq. ft of living area, p...	5 beds \| 3 baths \| 2,707 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2981 Airbnb ROI: N/A Traditional ROI: 3.82%
2025 Hundley Lane Lebanon, KY You're looking at the site for the newest home on the block as this new construction is se...	3 beds \| 2 baths \| 1,254 sq.ft.	$235,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 7.29% Airbnb Rental Income: $1187 Traditional Rental Income: $2011 Airbnb ROI: 1.84% Traditional ROI: 7.29%
423 Country Club Drive Lebanon, KY 40 x 42 garage with living area and a 2-car garage that is heated and cooled. This place i...	4 beds \| 1 baths \| N/A	$195,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 8.18% Airbnb Rental Income: $802 Traditional Rental Income: $1951 Airbnb ROI: 0.23% Traditional ROI: 8.18%
343 N Harrison St Lebanon, KY Completely renovated from top to bottom, this move-in ready 2-bedroom, 1-bath home offers ...	2 beds \| 1 baths \| 880 sq.ft.	$179,900	Airbnb cash on cash: -1.15% Traditional cash on cash: 6.65% Airbnb Rental Income: $483 Traditional Rental Income: $1548 Airbnb ROI: -1.15% Traditional ROI: 6.65%
181 Royal View Drive Lebanon, KY If you are looking for charm and luxury... look no further as you just found it with this ...	4 beds \| 4 baths \| 3,280 sq.ft.	$519,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 4.97% Airbnb Rental Income: $802 Traditional Rental Income: $3408 Airbnb ROI: -1.06% Traditional ROI: 4.97%
113 Clearwater Drive Lebanon, KY NEW CONSTRUCTION The Abigail-Elevation B by James Monroe Homes. Estimated completion: 6/26...	4 beds \| 3 baths \| 2,278 sq.ft.	$445,563	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.26% Airbnb Rental Income: $802 Traditional Rental Income: $2228 Airbnb ROI: -0.93% Traditional ROI: 3.26%
132 Clearwater Drive Lebanon, KY NEW CONSTRUCTION. Estimated completion 7/6/2026. The new Lucy plan by James Monroe Homes o...	4 beds \| 3 baths \| 2,365 sq.ft.	$442,813	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.78% Airbnb Rental Income: $802 Traditional Rental Income: $2427 Airbnb ROI: -0.92% Traditional ROI: 3.78%

Real Estate investment in Lebanon, KY

There are 24 properties for sale in the city of Lebanon . The median list price in Lebanon is $514,995 and the average price per square foot is $204. In May 2026, the average monthly cash on cash return in Lebanon is 7.00%. The average monthly rental income in Lebanon is $2,228.

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 $2,228.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, KY

171 West High Street

Lebanon, KY

3 beds | 2 baths | 1,504 sq.ft.

$219,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1187

Traditional Rental Income: $2211

Airbnb ROI: 1.54%

Traditional ROI: 8.32%

216 Shortline Pike

Lebanon, KY

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

$184,900

Airbnb cash on cash: 2.17%

Traditional cash on cash: 8.5%

Airbnb Rental Income: $1187

Traditional Rental Income: $1913

Airbnb ROI: 2.17%

Traditional ROI: 8.5%

133 Skyline Drive

Lebanon, KY

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

$275,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $1187

Traditional Rental Income: $2238

Airbnb ROI: 0.88%

Traditional ROI: 6.42%

318 Hood Avenue

Lebanon, KY

2 beds | 2 baths | 870 sq.ft.

$159,900

Airbnb cash on cash: -1.06%

Traditional cash on cash: 8.91%

Airbnb Rental Income: $483

Traditional Rental Income: $1737

Airbnb ROI: -1.06%

Traditional ROI: 8.91%

255 North Proctor Knott Ave

Lebanon, KY

4 beds | 3 baths | 2,230 sq.ft.

$249,900

Airbnb cash on cash: -0.22%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $802

Traditional Rental Income: $2238

Airbnb ROI: -0.22%

Traditional ROI: 7.24%

406 S. Proctor Knott Avenue

Lebanon, KY

5 beds | 4 baths | 4,499 sq.ft.

$999,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.5%

Airbnb Rental Income: $null

Traditional Rental Income: $4300

Airbnb ROI: N/A

Traditional ROI: 3.5%

2360 danville hwy

Lebanon, KY

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

$399,900

Airbnb cash on cash: 0.03%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1187

Traditional Rental Income: $2507

Airbnb ROI: 0.03%

Traditional ROI: 4.58%

634 N. Spalding Avenue

Lebanon, KY

4 beds | 3 baths | 2,066 sq.ft.

$279,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 8.26%

Airbnb Rental Income: $802

Traditional Rental Income: $2632

Airbnb ROI: 0.1%