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
1513 Garfield Park Boulevard Lebanon, OH Don't miss this beautifully maintained 3-bedroom, 2.5-bath gem! The inviting family room f...	3 beds \| 3 baths \| 1,540 sq.ft.	$325,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.57% Airbnb Rental Income: $1740 Traditional Rental Income: $1967 Airbnb ROI: 1.26% Traditional ROI: 3.57%
320 Pleasant Street Lebanon, OH Two unit property near downtown Lebanon. Great location near restaurants and shopping! Thi...	N/A beds \| N/A baths \| 2,402 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1398 Airbnb ROI: N/A Traditional ROI: 3.54%
850 Sand Trap Place Lebanon, OH Come Live and Play, with no waiting to build, in this nearly new, 3,900-square-foot Fische...	4 beds \| 4 baths \| 3,994 sq.ft.	$695,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.49% Airbnb Rental Income: $2332 Traditional Rental Income: $2781 Airbnb ROI: -0.09% Traditional ROI: 1.49%
214 Columbus Avenue Lebanon, OH Beautifully remodeled home. Peace of mind for any buyer. New roof, gutters, hvac, windows,...	4 beds \| 2 baths \| 1,968 sq.ft.	$389,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.82% Airbnb Rental Income: $2332 Traditional Rental Income: $2107 Airbnb ROI: 2.86% Traditional ROI: 3.82%
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: -1.87% Traditional cash on cash: -0.84% Airbnb Rental Income: $2478 Traditional Rental Income: $4531 Airbnb ROI: -1.87% Traditional ROI: -0.84%
376 Greys Run Lebanon, OH Welcome to luxury ranch living where timeless design meets modern convenience. This stunni...	3 beds \| 2 baths \| N/A	$529,250	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.44% Airbnb Rental Income: $1740 Traditional Rental Income: $2176 Airbnb ROI: -0.41% Traditional ROI: 1.44%
427 Bandon Dunes #12304 Lebanon, OH Gorgeous new Northport II plan by Fischer Homes in beautiful Majors at Shaker Run offers a...	2 beds \| 3 baths \| 1,956 sq.ft.	$431,900	Airbnb cash on cash: -1.77% Traditional cash on cash: 1.61% Airbnb Rental Income: $1463 Traditional Rental Income: $2399 Airbnb ROI: -1.77% Traditional ROI: 1.61%
415 Bandon Dunes Court #12-202 Lebanon, OH orgeous new construction in the beautiful Majors at Shaker Run, featuring a private 1st fl...	3 beds \| 3 baths \| 2,739 sq.ft.	$498,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.54% Airbnb Rental Income: $1740 Traditional Rental Income: $2827 Airbnb ROI: -0.81% Traditional ROI: 2.54%
411 Bandon Dunes Court #12-302 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, featuri...	2 beds \| 2 baths \| 1,870 sq.ft.	$384,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.41% Airbnb Rental Income: $1463 Traditional Rental Income: $2497 Airbnb ROI: -0.65% Traditional ROI: 3.41%
423 Bandon Dunes Court #12-303 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, featuri...	2 beds \| 2 baths \| 1,870 sq.ft.	$392,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.3% Airbnb Rental Income: $1463 Traditional Rental Income: $2497 Airbnb ROI: -0.69% Traditional ROI: 3.3%
407 Chambers Bay Place #13-101 Lebanon, OH Still time to make your own selections! New construction by Fischer Homes in beautiful Maj...	2 beds \| 2 baths \| 1,643 sq.ft.	$347,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.44% Airbnb Rental Income: $1463 Traditional Rental Income: $2018 Airbnb ROI: -0.58% Traditional ROI: 2.44%
415 Chambers Bay Place #13-300 Lebanon, OH Still time to make your own selections! This condo design offers 2 bedrooms and 2 full bat...	2 beds \| 2 baths \| 1,051 sq.ft.	$279,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.19% Airbnb Rental Income: $1463 Traditional Rental Income: $1530 Airbnb ROI: 0.29% Traditional ROI: 2.19%
455 Chambers Bay Place #13204 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, featuri...	2 beds \| 2 baths \| 1,422 sq.ft.	$404,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.05% Airbnb Rental Income: $1463 Traditional Rental Income: $1754 Airbnb ROI: -0.85% Traditional ROI: 1.05%
419 Bandon Dunes Court #12-203 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, featuri...	3 beds \| 3 baths \| 2,739 sq.ft.	$488,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.93% Airbnb Rental Income: $1740 Traditional Rental Income: $2955 Airbnb ROI: -0.78% Traditional ROI: 2.93%
443 Chambers Bay Place #13-305 Lebanon, OH Still time to make your own selections! New construction by Fischer Homes in the beautiful...	2 beds \| 2 baths \| 1,051 sq.ft.	$279,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 3% Airbnb Rental Income: $1463 Traditional Rental Income: $1743 Airbnb ROI: 0.3% Traditional ROI: 3%
403 Chambers Bay Place #13-201 Lebanon, OH Still time to make your own selections! New construction by Fischer Homes in the beautiful...	2 beds \| 2 baths \| 1,422 sq.ft.	$399,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.34% Airbnb Rental Income: $1463 Traditional Rental Income: $2138 Airbnb ROI: -0.61% Traditional ROI: 2.34%
447 Chambers Bay Place #13-304 Lebanon, OH Still time to make your own selections! New construction by Fischer Homes in the beautiful...	2 beds \| 2 baths \| 1,549 sq.ft.	$382,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.87% Airbnb Rental Income: $1463 Traditional Rental Income: $2249 Airbnb ROI: -0.53% Traditional ROI: 2.87%
455 Chambers Bay Place #13-204 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,422 sq.ft.	$404,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 2.28% Airbnb Rental Income: $1463 Traditional Rental Income: $2138 Airbnb ROI: -0.64% Traditional ROI: 2.28%
427 Chambers Bay Place #13-202 Lebanon, OH New construction in the beautiful Majors at Shaker Run community, featuring the stunning W...	2 beds \| 2 baths \| 1,087 sq.ft.	$359,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.88% Airbnb Rental Income: $1463 Traditional Rental Income: $1788 Airbnb ROI: -0.37% Traditional ROI: 1.88%
439 Chambers Bay Place #13-303 Lebanon, OH New construction in the beautiful Majors at Shaker Run community, featuring the stunning W...	2 beds \| 2 baths \| 1,213 sq.ft.	$326,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.54% Airbnb Rental Income: $1463 Traditional Rental Income: $1857 Airbnb ROI: -0.15% Traditional ROI: 2.54%
411 Chambers Bay Place #13-301 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,549 sq.ft.	$386,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.86% Airbnb Rental Income: $1463 Traditional Rental Income: $1902 Airbnb ROI: -0.55% Traditional ROI: 1.86%
419 Chambers Bay Place #13-302 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,213 sq.ft.	$328,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.51% Airbnb Rental Income: $1463 Traditional Rental Income: $1857 Airbnb ROI: -0.16% Traditional ROI: 2.51%
423 Chambers Bay Place #13-102 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,180 sq.ft.	$314,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 2.7% Airbnb Rental Income: $1463 Traditional Rental Income: $1848 Airbnb ROI: -0.06% Traditional ROI: 2.7%
435 Chambers Bay Place #13-103 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,180 sq.ft.	$307,900	Airbnb cash on cash: 0% Traditional cash on cash: 2.83% Airbnb Rental Income: $1463 Traditional Rental Income: $1851 Airbnb ROI: 0% Traditional ROI: 2.83%
431 Chambers Bay Place #13-203 Lebanon, OH Still time to make your own selections! New construction in the beautiful Majors at Shaker...	2 beds \| 2 baths \| 1,087 sq.ft.	$357,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.9% Airbnb Rental Income: $1463 Traditional Rental Income: $1788 Airbnb ROI: -0.35% Traditional ROI: 1.9%
1301 Harvest Run Drive Lebanon, OH Enjoy the perfect blend of comfort, convenience, and community in this beautifully maintai...	4 beds \| 3 baths \| 3,267 sq.ft.	$565,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 0.38% Airbnb Rental Income: $2332 Traditional Rental Income: $1697 Airbnb ROI: 0.49% Traditional ROI: 0.38%
5019 Bunker Street Lebanon, OH New construction in the beautiful Shaker Run community, featuring the stunning Finley desi...	4 beds \| 3 baths \| N/A	$744,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.24% Airbnb Rental Income: $2332 Traditional Rental Income: $2793 Airbnb ROI: -0.25% Traditional ROI: 1.24%
413 Bethpage Way #7-300 Lebanon, OH Trendy new Kimbell plan by Fischer Homes in beautiful Majors at Shaker Run featuring penth...	2 beds \| 2 baths \| 1,111 sq.ft.	$249,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.45% Airbnb Rental Income: $1463 Traditional Rental Income: $1762 Airbnb ROI: 0.35% Traditional ROI: 3.45%
437 Bethpage Way #7-303 Lebanon, OH Stylish new Wexner plan by Fischer Homes in beautiful Majors at Shaker Run featuring penth...	2 beds \| 2 baths \| 1,213 sq.ft.	$309,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.65% Airbnb Rental Income: $1463 Traditional Rental Income: $1873 Airbnb ROI: -0.24% Traditional ROI: 2.65%
2679 Lebanon Road Lebanon, OH Tucked away on a private drive in the heart of Lebanon, this custom-built, one-owner home ...	4 beds \| 4 baths \| 4,127 sq.ft.	$985,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.52% Airbnb Rental Income: $2332 Traditional Rental Income: $4062 Airbnb ROI: 0.01% Traditional ROI: 2.52%
415 Chambers Bay Place #13300 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, featuri...	2 beds \| 2 baths \| 1,051 sq.ft.	$279,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 0.23% Airbnb Rental Income: $1463 Traditional Rental Income: $1080 Airbnb ROI: 0.04% Traditional ROI: 0.23%
115 W Warren Street Lebanon, OH Don't miss this unique opportunity to acquire a fixer upper in the Lebanon school District...	3 beds \| 1 baths \| 1,248 sq.ft.	$132,000	Airbnb cash on cash: 6.68% Traditional cash on cash: 4.03% Airbnb Rental Income: $1740 Traditional Rental Income: $925 Airbnb ROI: 6.68% Traditional ROI: 4.03%
5361 Augusta Road #11304 Lebanon, OH New construction by Fischer Homes in the beautiful Majors at Shaker Run community, This de...	2 beds \| 3 baths \| 1,987 sq.ft.	$393,900	Airbnb cash on cash: -0.95% Traditional cash on cash: 0.69% Airbnb Rental Income: $1463 Traditional Rental Income: $1636 Airbnb ROI: -0.95% Traditional ROI: 0.69%
5353 Augusta Drive #11-203 Lebanon, OH New construction in the beautiful Majors at Shaker Run community featuring the Saybrook pl...	2 beds \| 3 baths \| 3,084 sq.ft.	$489,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.3% Airbnb Rental Income: $1463 Traditional Rental Income: $2580 Airbnb ROI: -1.08% Traditional ROI: 2.3%
5345 Augusta Drive #11-302 Lebanon, OH New construction in the beautiful Majors at Shaker Run community, This design offers 2 bed...	2 beds \| 2 baths \| 1,903 sq.ft.	$419,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.97% Airbnb Rental Income: $1463 Traditional Rental Income: $2517 Airbnb ROI: -0.81% Traditional ROI: 2.97%
17 Summit Street Lebanon, OH Location, location, location! Within blocks of historic downtown Lebanon, this charming 4-...	4 beds \| 2 baths \| 1,869 sq.ft.	$339,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 2.61% Airbnb Rental Income: $2332 Traditional Rental Income: $1739 Airbnb ROI: 2.66% Traditional ROI: 2.61%
402 Crescent Court Lebanon, OH Welcome home to this well-maintained 3-bedroom, 2-bath ranch tucked away at the end of a q...	3 beds \| 2 baths \| 1,404 sq.ft.	$235,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 3.48% Airbnb Rental Income: $1740 Traditional Rental Income: $1431 Airbnb ROI: 2.72% Traditional ROI: 3.48%
403 W Main Street Lebanon, OH This 4 unit near the heart of downtown Lebanon has been fully rented for several years. Gr...	N/A beds \| N/A baths \| 1,747 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $2050 Airbnb ROI: N/A Traditional ROI: 2.37%
328 Keeneland Court Lebanon, OH Location, location, location!! This traditional 2-story in Poplar Hills on a no-outlet cul...	4 beds \| 3 baths \| 2,813 sq.ft.	$425,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.5% Airbnb Rental Income: $2332 Traditional Rental Income: $2120 Airbnb ROI: 1.58% Traditional ROI: 2.5%
940 Nelson Lane #B Lebanon, OH Check out this lovely 3-bedroom, 2.5-bath condo offering comfortable living.Great open flo...	3 beds \| 3 baths \| 1,760 sq.ft.	$320,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.59% Airbnb Rental Income: $1740 Traditional Rental Income: $2052 Airbnb ROI: 1.96% Traditional ROI: 4.59%

Real Estate investment in Lebanon, OH

There are 65 properties for sale in the city of Lebanon . The median list price in Lebanon is $329,803 and the average price per square foot is $160. In July 2026, the average monthly cash on cash return in Lebanon is 3.00%. The average monthly rental income in Lebanon is $1,978.

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

There are 65 investment properties available for sale in Lebanon.

In 2026, the best neighborhood to buy investment property is Lebanon.

The ROI for Short-Term is higher than the Long-Term in Lebanon with average rental income of $1,740.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OH

1513 Garfield Park Boulevard

Lebanon, OH

3 beds | 3 baths | 1,540 sq.ft.

$325,000

Airbnb cash on cash: 1.26%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1740

Traditional Rental Income: $1967

Airbnb ROI: 1.26%

Traditional ROI: 3.57%

320 Pleasant Street

Lebanon, OH

N/A beds | N/A baths | 2,402 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1398

Airbnb ROI: N/A

Traditional ROI: 3.54%

850 Sand Trap Place

Lebanon, OH

4 beds | 4 baths | 3,994 sq.ft.

$695,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $2332

Traditional Rental Income: $2781

Airbnb ROI: -0.09%

Traditional ROI: 1.49%

214 Columbus Avenue

Lebanon, OH

4 beds | 2 baths | 1,968 sq.ft.

$389,900

Airbnb cash on cash: 2.86%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $2332

Traditional Rental Income: $2107

Airbnb ROI: 2.86%

Traditional ROI: 3.82%

2696 Wilmington Road

Lebanon, OH

5 beds | 5 baths | 5,552 sq.ft.

$2,800,000

Airbnb cash on cash: -1.87%

Traditional cash on cash: -0.84%

Airbnb Rental Income: $2478

Traditional Rental Income: $4531

Airbnb ROI: -1.87%

Traditional ROI: -0.84%

376 Greys Run

Lebanon, OH

3 beds | 2 baths | N/A

$529,250

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.44%

Airbnb Rental Income: $1740

Traditional Rental Income: $2176

Airbnb ROI: -0.41%

Traditional ROI: 1.44%

427 Bandon Dunes #12304

Lebanon, OH

2 beds | 3 baths | 1,956 sq.ft.

$431,900

Airbnb cash on cash: -1.77%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $1463

Traditional Rental Income: $2399

Airbnb ROI: -1.77%

Traditional ROI: 1.61%

415 Bandon Dunes Court #12-202

Lebanon, OH

3 beds | 3 baths | 2,739 sq.ft.

$498,900

Airbnb cash on cash: -0.81%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1740

Traditional Rental Income: $2827

Airbnb ROI: -0.81%