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%
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%
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.	$259,500	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.23% Airbnb Rental Income: $1331 Traditional Rental Income: $1582 Airbnb ROI: 1.52% Traditional ROI: 4.23%
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%
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.	$229,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 9.57% Airbnb Rental Income: $1331 Traditional Rental Income: $2417 Airbnb ROI: 2.69% 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: -0.18% Traditional cash on cash: 3.63% Airbnb Rental Income: $1331 Traditional Rental Income: $2808 Airbnb ROI: -0.18% 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.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.86% Airbnb Rental Income: $null Traditional Rental Income: $3256 Airbnb ROI: N/A Traditional ROI: 7.86%
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.	$279,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 7.11% Airbnb Rental Income: $1331 Traditional Rental Income: $2459 Airbnb ROI: 1.28% Traditional ROI: 7.11%
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.	$219,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 8.13% Airbnb Rental Income: $1331 Traditional Rental Income: $2002 Airbnb ROI: 2.94% Traditional ROI: 8.13%
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: 2.3% Traditional cash on cash: 8.75% Airbnb Rental Income: $1331 Traditional Rental Income: $2444 Airbnb ROI: 2.3% 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: 3.75% Traditional cash on cash: 8.62% Airbnb Rental Income: $1331 Traditional Rental Income: $1732 Airbnb ROI: 3.75% Traditional ROI: 8.62%
830 Hundley Lane Lebanon, KY Welcome to this adorable home located on the peaceful Hundley Lane and ready to be called ...	3 beds \| 2 baths \| 1,106 sq.ft.	$189,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 8.93% Airbnb Rental Income: $1331 Traditional Rental Income: $1919 Airbnb ROI: 3.4% Traditional ROI: 8.93%
116 Rose Avenue Lebanon, KY Here is an adorable newly-built home conveniently located in town and estimated to be comp...	2 beds \| 1 baths \| 720 sq.ft.	$160,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 8.87% Airbnb Rental Income: $436 Traditional Rental Income: $1623 Airbnb ROI: -0.61% Traditional ROI: 8.87%
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.	$199,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 7.41% Airbnb Rental Income: $1331 Traditional Rental Income: $1756 Airbnb ROI: 2.99% Traditional ROI: 7.41%
611 George Street Lebanon, KY Stroll on down to the charming neighborhood of Rolling Hills where you will find this ador...	3 beds \| 2 baths \| 1,350 sq.ft.	$219,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 8.08% Airbnb Rental Income: $1331 Traditional Rental Income: $2036 Airbnb ROI: 2.72% Traditional ROI: 8.08%
654 Lisa Avenue Lebanon, KY This nice 3-bedroom, 1-bath brick ranch home offers inviting curb appeal and comfortable l...	3 beds \| 1 baths \| 1,250 sq.ft.	$170,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 8.94% Airbnb Rental Income: $1331 Traditional Rental Income: $1842 Airbnb ROI: 3.25% Traditional ROI: 8.94%
109 Clearwater Drive Lebanon, KY MOVE-IN READY! The Nancy French Country elevation with 4' family room extension and 3rd ca...	4 beds \| 2 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 Move-in ready Martha Cottage by James Monroe Homes in the desirable Eastgate community of ...	3 beds \| 2 baths \| 1,580 sq.ft.	$389,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.21% Airbnb Rental Income: $1331 Traditional Rental Income: $1978 Airbnb ROI: 0.32% Traditional ROI: 3.21%

Real Estate investment in Lebanon, KY

There are 23 properties for sale in the city of Lebanon . The median list price in Lebanon is $224,900 and the average price per square foot is $136. In December 2025, the average monthly cash on cash return in Lebanon is 8.00%. The average monthly rental income in Lebanon is $2,019.

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

There are 23 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 $2,019.

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%

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%

128 Scenic Hill Dr

Lebanon, KY

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

$259,500

Airbnb cash on cash: 1.52%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1331

Traditional Rental Income: $1582

Airbnb ROI: 1.52%

Traditional ROI: 4.23%

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%

480 N. Spalding Avenue

Lebanon, KY

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

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

$229,900

Airbnb cash on cash: 2.69%

Traditional cash on cash: 9.57%

Airbnb Rental Income: $1331

Traditional Rental Income: $2417

Airbnb ROI: 2.69%