Real Estate Investment Properties for Sale in Lebanon, OH

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
355 Summit Street Lebanon, OH Low maintenance solid brick ranch style with low utility bills. Spacious floor plan with e...	3 beds \| 3 baths \| 1,696 sq.ft.	$375,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.08% Airbnb Rental Income: $2197 Traditional Rental Income: $2074 Airbnb ROI: 1.86% Traditional ROI: 3.08%
505 Creekside Lane Lebanon, OH The Kingsmark Design by Cristo Homes. 4 bedrooms, 2 full and 1 half baths with 2788 sqft o...	4 beds \| 4 baths \| 2,788 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $3456 Airbnb ROI: N/A Traditional ROI: 4.62%
96 Rough Way Lebanon, OH Top level condo in highly desirable Fairway Crossing. Not shown in pictures- new paint, ne...	2 beds \| 2 baths \| 1,120 sq.ft.	$180,500	Airbnb cash on cash: 4.13% Traditional cash on cash: 6.69% Airbnb Rental Income: $1586 Traditional Rental Income: $1574 Airbnb ROI: 4.13% Traditional ROI: 6.69%
324 Warren Street Lebanon, OH * SOLD AS IS * Discover the charm of 324 E Warren St, a historic 1903 property in the ...	4 beds \| 2 baths \| 2,087 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.29% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 8.29%
26 Orchard Avenue Lebanon, OH This storybook ranch sits among the historic Floraville homes of Lebanon. It offers quick ...	4 beds \| 2 baths \| 2,905 sq.ft.	$555,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $2534 Airbnb ROI: N/A Traditional ROI: 2.56%
504 Creekside Lane Lebanon, OH The Lionsworth Design by Cristo Homes! Convenient one-floor living in this expansive 4 bed...	4 beds \| 3 baths \| 2,116 sq.ft.	$561,268	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 3.08%
113 Orchard Avenue Lebanon, OH This historic home, built in 1905, has been brought back to life. It was stripped down to ...	5 beds \| 4 baths \| 5,445 sq.ft.	$1,495,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.36% Airbnb Rental Income: $2699 Traditional Rental Income: $4408 Airbnb ROI: -0.33% Traditional ROI: 1.36%
376 Greys Run Lebanon, OH Discover The Townsend Farmhouse by Monarch Homes, an elegant 1,721 SF ranch offering open-...	3 beds \| 2 baths \| N/A	$537,358	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.58% Airbnb Rental Income: $2197 Traditional Rental Income: $2176 Airbnb ROI: 0.52% Traditional ROI: 1.58%
364 Greys Run Lebanon, OH Discover The Townsend Farmhouse by Monarch Homes, an elegant 1,721 SF ranch offering open-...	3 beds \| 2 baths \| N/A	$551,731	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.5% Airbnb Rental Income: $2197 Traditional Rental Income: $2188 Airbnb ROI: 0.44% Traditional ROI: 1.5%
210 Silver Street Lebanon, OH Fabulous, move-in ready home located only 2 blocks from historic Lebanon's shops, restaura...	3 beds \| 2 baths \| 2,736 sq.ft.	$329,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.62% Airbnb Rental Income: $2197 Traditional Rental Income: $2340 Airbnb ROI: 3.37% Traditional ROI: 5.62%
440 Lake Shore Drive Lebanon, OH Make this your Forever Home - beautiful lake view with stocked fishing! 5 bedrooms + offic...	5 beds \| 4 baths \| 2,528 sq.ft.	$449,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 4.66% Airbnb Rental Income: $2699 Traditional Rental Income: $2901 Airbnb ROI: 2.66% Traditional ROI: 4.66%
382 Church Drive Lebanon, OH Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom two-story home nestled in a...	3 beds \| 3 baths \| 1,320 sq.ft.	$335,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 3.44% Airbnb Rental Income: $2197 Traditional Rental Income: $1839 Airbnb ROI: 2.81% Traditional ROI: 3.44%
1112 Mohawk Drive Lebanon, OH Welcome to a home where every day feels a little bit brighter, a little calmer, and a litt...	2 beds \| 3 baths \| 1,720 sq.ft.	$387,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 3.6% Airbnb Rental Income: $1586 Traditional Rental Income: $2029 Airbnb ROI: 1.13% Traditional ROI: 3.6%
2696 Wilmington Road Lebanon, OH Welcome to a charming country estate that stands as a testament to both history and luxury...	5 beds \| 5 baths \| 5,552 sq.ft.	$2,800,000	Airbnb cash on cash: -1.8% Traditional cash on cash: -0.84% Airbnb Rental Income: $2699 Traditional Rental Income: $4531 Airbnb ROI: -1.8% Traditional ROI: -0.84%
1291 Lake Run Drive Lebanon, OH Welcome to this stunning newer-built home in the heart of Shaker Run, showcasing panoramic...	2 beds \| 3 baths \| 1,909 sq.ft.	$374,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.49% Airbnb Rental Income: $1586 Traditional Rental Income: $2513 Airbnb ROI: -0.43% Traditional ROI: 3.49%
516 Clarion Court Lebanon, OH Charming Two-Story Home with Private Backyard Oasis in Lebanon, OH. Welcome to 516 Clarion...	3 beds \| 3 baths \| 1,812 sq.ft.	$335,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 3.64% Airbnb Rental Income: $2197 Traditional Rental Income: $2054 Airbnb ROI: 2.33% Traditional ROI: 3.64%
1874 Meadowsweet Drive Lebanon, OH Step into a world of luxury! This phenomenal home boasts updates galore & 3500+sq.ft. of f...	4 beds \| 4 baths \| 2,720 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 3.11%
751 Lake Bluff Court Lebanon, OH Step into modern ease and timeless charm at 751 Lake Bluff Court, where comfort meets func...	5 beds \| 4 baths \| N/A	$796,985	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.04% Airbnb Rental Income: $2699 Traditional Rental Income: $3505 Airbnb ROI: 0.1% Traditional ROI: 2.04%
781 Shadow Wood Drive Lebanon, OH Motivated Seller offering to buy down your interest rate!! Welcome home to this gorgeous F...	4 beds \| 3 baths \| 2,508 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.57% Airbnb Rental Income: $null Traditional Rental Income: $2671 Airbnb ROI: N/A Traditional ROI: 2.57%
850 Sand Trap Place Lebanon, OH Only 2 years young, this stunning Fischer-built Marshall floor plan (no longer being built...	4 beds \| 4 baths \| 3,994 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $2781 Airbnb ROI: N/A Traditional ROI: 1.2%
19 Hathaway Commons Lebanon, OH This attractive: Sold As Is" patio style home in at 19 Hathaway Commons Dr, In Lebanon, Oh...	2 beds \| 2 baths \| 1,910 sq.ft.	$399,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.29% Airbnb Rental Income: $1586 Traditional Rental Income: $2030 Airbnb ROI: 0.89% Traditional ROI: 3.29%
470 Georgetown Drive Lebanon, OH Discover a rare opportunity to own a fully updated, all-brick duplex in the heart of Leban...	4 beds \| 2 baths \| 2,180 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2338 Airbnb ROI: N/A Traditional ROI: 3.93%
531 Quail Court Lebanon, OH Nestled on a quiet cul-de-sac in Lebanon's desirable Country Creek neighborhood, this stun...	4 beds \| 4 baths \| 4,589 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $3628 Airbnb ROI: N/A Traditional ROI: 2.84%
416 Summerlyn Farms Court Lebanon, OH This desirable one-level home featuring the Wemberly floor plan by Fischer Homes is locate...	2 beds \| 2 baths \| 1,243 sq.ft.	$335,500	Airbnb cash on cash: 1% Traditional cash on cash: 3.06% Airbnb Rental Income: $1586 Traditional Rental Income: $1783 Airbnb ROI: 1% Traditional ROI: 3.06%
1257 Poplar Hill Drive Lebanon, OH Welcome to this beautifully maintained 4-bedroom, 3.5-bath home in the highly sought-after...	4 beds \| 4 baths \| 2,278 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2842 Airbnb ROI: N/A Traditional ROI: 4.11%
2209 Keever Road Lebanon, OH Tucked away on nearly an acre, this charming 3-bedroom, 2-bath ranch is the perfect blend ...	3 beds \| 2 baths \| 1,479 sq.ft.	$380,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 2.25% Airbnb Rental Income: $2197 Traditional Rental Income: $1801 Airbnb ROI: 1.8% Traditional ROI: 2.25%
781 Oleander Court Lebanon, OH Welcome to this stunning 4-bedroom, 2.5-bath home located in a serene cul-de-sac in Lebano...	4 beds \| 3 baths \| 2,104 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 4.66%
183 Old 122 Road Lebanon, OH Fully renovated ranch minutes from downtown Lebanon. Come and see this charming white bric...	3 beds \| 2 baths \| 1,293 sq.ft.	$369,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 2.18% Airbnb Rental Income: $2197 Traditional Rental Income: $1733 Airbnb ROI: 1.92% Traditional ROI: 2.18%
1506 GARFIELD PARK BLVD Lebanon, OH Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2.5 baths \| 1,560 sq.ft.	$324,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.49% Airbnb Rental Income: $2197 Traditional Rental Income: $1935 Airbnb ROI: 2.53% Traditional ROI: 3.49%
5 Hathaway Commons Drive Lebanon, OH Beautifully maintained 2-bed, 2-bath ranch in desirable Hathaway Commons. This nearly 2,00...	2 beds \| 2 baths \| 1,982 sq.ft.	$399,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.25% Airbnb Rental Income: $1586 Traditional Rental Income: $2056 Airbnb ROI: 0.78% Traditional ROI: 3.25%
163 Clubhouse Lane Lebanon, OH Don't miss this one! This 4 bed 2.5 bath home is ready for a new owner to love it! Beautif...	4 beds \| 3 baths \| 2,024 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2342 Airbnb ROI: N/A Traditional ROI: 4.3%
1396 Autumn Ridge Drive Lebanon, OH This beautiful home, built in 2022, is just minutes from historic downtown Lebanon's shops...	3 beds \| 3 baths \| 2,551 sq.ft.	$550,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.85% Airbnb Rental Income: $2197 Traditional Rental Income: $2646 Airbnb ROI: 0.9% Traditional ROI: 2.85%
351 Greys Run Lebanon, OH Discover The Townsend Farmhouse by Monarch Homesan elegant 1,721 SF ranch offering open-co...	3 beds \| 2 baths \| N/A	$539,902	Airbnb cash on cash: 0.5% Traditional cash on cash: 1.52% Airbnb Rental Income: $2197 Traditional Rental Income: $2154 Airbnb ROI: 0.5% Traditional ROI: 1.52%
1443 Broadway Street Lebanon, OH Step into timeless elegance at the historic Corwin-Bolin House, a beautifully preserved/up...	3 beds \| 3 baths \| 2,880 sq.ft.	$895,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.52% Airbnb Rental Income: $2197 Traditional Rental Income: $2611 Airbnb ROI: 0.36% Traditional ROI: 1.52%

Real Estate investment in Lebanon, OH

There are 40 properties for sale in the city of Lebanon . The median list price in Lebanon is $432,450 and the average price per square foot is $176. In September 2025, the average monthly cash on cash return in Lebanon is 3.00%. The average monthly rental income in Lebanon is $2,375.

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

There are 40 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 $2,375.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OH

355 Summit Street

Lebanon, OH

3 beds | 3 baths | 1,696 sq.ft.

$375,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $2197

Traditional Rental Income: $2074

Airbnb ROI: 1.86%

Traditional ROI: 3.08%

505 Creekside Lane

Lebanon, OH

4 beds | 4 baths | 2,788 sq.ft.

$579,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.62%

Airbnb Rental Income: $null

Traditional Rental Income: $3456

Airbnb ROI: N/A

Traditional ROI: 4.62%

96 Rough Way

Lebanon, OH

2 beds | 2 baths | 1,120 sq.ft.

$180,500

Airbnb cash on cash: 4.13%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $1586

Traditional Rental Income: $1574

Airbnb ROI: 4.13%

Traditional ROI: 6.69%

324 Warren Street

Lebanon, OH

4 beds | 2 baths | 2,087 sq.ft.

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2319

Airbnb ROI: N/A

Traditional ROI: 8.29%

26 Orchard Avenue

Lebanon, OH

4 beds | 2 baths | 2,905 sq.ft.

$555,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2534

Airbnb ROI: N/A

Traditional ROI: 2.56%

504 Creekside Lane

Lebanon, OH

4 beds | 3 baths | 2,116 sq.ft.

$561,268

Airbnb cash on cash: N/A

Traditional cash on cash: 3.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2493

Airbnb ROI: N/A

Traditional ROI: 3.08%

113 Orchard Avenue

Lebanon, OH

5 beds | 4 baths | 5,445 sq.ft.

$1,495,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $2699

Traditional Rental Income: $4408

Airbnb ROI: -0.33%

Traditional ROI: 1.36%

376 Greys Run

Lebanon, OH

3 beds | 2 baths | N/A

$537,358

Airbnb cash on cash: 0.52%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $2197

Traditional Rental Income: $2176

Airbnb ROI: 0.52%