Real Estate Investment Properties for Sale in South Lebanon, OH

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5687 Pepperridge Court South Lebanon, OH LIVE WELL in this 4 bedroom 3.5 bath home! New solid surface floors on the 1st and 2nd flo...	4 beds \| 4 baths \| 2,348 sq.ft.	$399,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.17% Airbnb Rental Income: $2875 Traditional Rental Income: $2655 Airbnb ROI: 2.97% Traditional ROI: 4.17%
547 Woodbine Court South Lebanon, OH Welcome to this freshly updated home in the sought-after Turning Leaf subdivision, nestled...	4 beds \| 3 baths \| 1,981 sq.ft.	$370,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.67% Airbnb Rental Income: $2875 Traditional Rental Income: $2307 Airbnb ROI: 3.38% Traditional ROI: 3.67%
291 Cherry Laurel Court South Lebanon, OH Welcome to 291 Cherry Laurel in the desirable Turning Leaf community! Situated on a quiet ...	3 beds \| 4 baths \| 1,816 sq.ft.	$420,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.61% Airbnb Rental Income: $2063 Traditional Rental Income: $2394 Airbnb ROI: 1.41% Traditional ROI: 3.61%
219 Chateau Valley Ln South Lebanon, OH Stunning quality custom-built ranch in sought-after Vista Point at River Bend situated on ...	4 beds \| 4 baths \| 5,086 sq.ft.	$999,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.21% Airbnb Rental Income: $2875 Traditional Rental Income: $4709 Airbnb ROI: -0.48% Traditional ROI: 2.21%
713 Mary Lane Ext South Lebanon, OH Gorgeous new Denali American Classic plan by Fischer Homes in beautiful Woodknoll featurin...	4 beds \| 3 baths \| 2,980 sq.ft.	$525,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 2.37% Airbnb Rental Income: $2875 Traditional Rental Income: $2518 Airbnb ROI: 1.74% Traditional ROI: 2.37%
5294 Station Dr South Lebanon, OH Remarkable Home with Open Floor Plan, Vaulted Ceilings and Gourmet Kitchen. With the HOA t...	4 beds \| 3 baths \| 2,842 sq.ft.	$469,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 3.27% Airbnb Rental Income: $2875 Traditional Rental Income: $2538 Airbnb ROI: 2.51% Traditional ROI: 3.27%
309 King Ave South Lebanon, OH Great opportunity in a wonderful locale in Kings schools close to Little Miami Bike trail,...	2 beds \| 1 baths \| 0 sq.ft.	$164,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.3% Airbnb Rental Income: $630 Traditional Rental Income: $1010 Airbnb ROI: -0.98% Traditional ROI: 3.3%
698 Kingly Ter South Lebanon, OH New Construction by Fischer Homes in the beautiful Wynstead community featuring the Harper...	3 beds \| 2 baths \| 1,444 sq.ft.	$358,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 2.35% Airbnb Rental Income: $2063 Traditional Rental Income: $1774 Airbnb ROI: 1.63% Traditional ROI: 2.35%
5139 Fawn Meadow Ln South Lebanon, OH Beautiful brick ranch home in desirable Vista Pointe at River's Bend TPC golf club communi...	4 beds \| 3 baths \| 3,954 sq.ft.	$925,000	Airbnb cash on cash: -0.35% Traditional cash on cash: -0.32% Airbnb Rental Income: $2875 Traditional Rental Income: $2240 Airbnb ROI: -0.35% Traditional ROI: -0.32%
396 E Pike St South Lebanon, OH Everything is new here (except windows)! Gorgeous wood floors, solid wood doors, lighting,...	3 beds \| 2 baths \| 1,200 sq.ft.	$244,500	Airbnb cash on cash: 4.44% Traditional cash on cash: 4.08% Airbnb Rental Income: $2063 Traditional Rental Income: $1447 Airbnb ROI: 4.44% Traditional ROI: 4.08%
50 Bridgewater Dr South Lebanon, OH There's plenty of room for everyone in this gorgeous Robert Lucke custom home with just ov...	4 beds \| 4 baths \| 4,829 sq.ft.	$749,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.22% Airbnb Rental Income: $2875 Traditional Rental Income: $4817 Airbnb ROI: 0.48% Traditional ROI: 4.22%
447 Valley View Dr South Lebanon, OH 447 Valley View Dr, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 1 baths \| 1,120 sq.ft.	$145,900	Airbnb cash on cash: 7.76% Traditional cash on cash: 4.44% Airbnb Rental Income: $2063 Traditional Rental Income: $1067 Airbnb ROI: 7.76% Traditional ROI: 4.44%
5223 Grants Settlement South Lebanon, OH 5223 Grants Settlement, South Lebanon, OH 45065 \| Single Family Residential	2 beds \| 2 baths \| 1,618 sq.ft.	$335,000	Airbnb cash on cash: -2.07% Traditional cash on cash: 2.54% Airbnb Rental Income: $630 Traditional Rental Income: $1786 Airbnb ROI: -2.07% Traditional ROI: 2.54%
0 Fawn Meadow Ln South Lebanon, OH 0 Fawn Meadow Ln, South Lebanon, OH 45065 \| Single Family Residential	5 beds \| 4 baths \| 3,541 sq.ft.	$1,399,000	Airbnb cash on cash: -2.34% Traditional cash on cash: -0.51% Airbnb Rental Income: $921 Traditional Rental Income: $2958 Airbnb ROI: -2.34% Traditional ROI: -0.51%
151 Vista Ridge Dr South Lebanon, OH Beautiful home nearly 6,000 sq ft with 5 bedrooms and 4.5 baths in Kings School District! ...	5 beds \| 4 baths \| 5,986 sq.ft.	$989,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 2.47% Airbnb Rental Income: $921 Traditional Rental Income: $4665 Airbnb ROI: -1.97% Traditional ROI: 2.47%
5455 Station Dr South Lebanon, OH Gorgeous home w/stone & covered Ft porch. Open entry with kitchen, dining & great-room, wa...	3 beds \| N/A baths \| 3,116 sq.ft.	$435,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.49% Airbnb Rental Income: $2063 Traditional Rental Income: $2336 Airbnb ROI: 1.52% Traditional ROI: 3.49%
4621 Kelly Ct South Lebanon, OH 4621 Kelly Ct, South Lebanon, OH 45065 \| Single Family Residential	4 beds \| 3 baths \| N/A	$465,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 2.38% Airbnb Rental Income: $2875 Traditional Rental Income: $2281 Airbnb ROI: 2.21% Traditional ROI: 2.38%
287 W Forest Ave South Lebanon, OH Well maintained family home. Nestled in a country setting minutes from I-71, shopping, din...	4 beds \| 2 baths \| 1,952 sq.ft.	$580,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 1.27% Airbnb Rental Income: $2875 Traditional Rental Income: $2161 Airbnb ROI: 1.35% Traditional ROI: 1.27%
5603 Noble Ct South Lebanon, OH 5603 Noble Ct, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 2 baths \| 2,275 sq.ft.	$390,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.78% Airbnb Rental Income: $2063 Traditional Rental Income: $2076 Airbnb ROI: 1.29% Traditional ROI: 2.78%
3569 North Section St South Lebanon, OH 3569 North Section St, South Lebanon, OH 45065 \| Single Family Residential	4 beds \| 3 baths \| 3,947 sq.ft.	$800,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 0.12% Airbnb Rental Income: $2875 Traditional Rental Income: $2085 Airbnb ROI: 0.29% Traditional ROI: 0.12%
664 Fredericks Pass South Lebanon, OH 664 Fredericks Pass, South Lebanon, OH 45065 \| Single Family Residential	2 beds \| 2 baths \| 1,431 sq.ft.	$225,000	Airbnb cash on cash: -2.21% Traditional cash on cash: 2.82% Airbnb Rental Income: $630 Traditional Rental Income: $1408 Airbnb ROI: -2.21% Traditional ROI: 2.82%
374 S Main St South Lebanon, OH 374 S Main St, South Lebanon, OH 45065 \| Multi Family	4 beds \| 2 baths \| 1,536 sq.ft.	$275,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 3.35% Airbnb Rental Income: $630 Traditional Rental Income: $1622 Airbnb ROI: -1.61% Traditional ROI: 3.35%
296 E Pike St South Lebanon, OH 296 E Pike St, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 2 baths \| 1,886 sq.ft.	$479,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 0.06% Airbnb Rental Income: $2063 Traditional Rental Income: $1261 Airbnb ROI: 0.66% Traditional ROI: 0.06%
0 Fawn Meadow Ln #Land South Lebanon, OH 0 Fawn Meadow Ln #Land, South Lebanon, OH 45065 \| Other	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.87% Airbnb Rental Income: $null Traditional Rental Income: $479 Airbnb ROI: N/A Traditional ROI: -0.87%
821 Emerald Dr South Lebanon, OH 821 Emerald Dr, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 2 baths \| 1,962 sq.ft.	$380,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.71% Airbnb Rental Income: $2063 Traditional Rental Income: $2003 Airbnb ROI: 1.39% Traditional ROI: 2.71%
440 Pike St South Lebanon, OH 440 Pike St, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 2 baths \| 1,800 sq.ft.	$380,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 2.33% Airbnb Rental Income: $2063 Traditional Rental Income: $1843 Airbnb ROI: 1.46% Traditional ROI: 2.33%
865 Emerald Dr South Lebanon, OH	4 beds \| 2 baths \| 3,156 sq.ft.	$532,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 1.76% Airbnb Rental Income: $2875 Traditional Rental Income: $2274 Airbnb ROI: 1.62% Traditional ROI: 1.76%
271 Ilene Ave South Lebanon, OH 271 Ilene Ave, South Lebanon, OH 45065 \| Single Family Residential	4 beds \| 1 baths \| 1,075 sq.ft.	$199,900	Airbnb cash on cash: 8.61% Traditional cash on cash: 2.91% Airbnb Rental Income: $2875 Traditional Rental Income: $1126 Airbnb ROI: 8.61% Traditional ROI: 2.91%
241 S Mary Ellen St South Lebanon, OH 241 S Mary Ellen St, South Lebanon, OH 45065 \| Single Family Residential	2 beds \| 1 baths \| 880 sq.ft.	$171,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 1.73% Airbnb Rental Income: $630 Traditional Rental Income: $791 Airbnb ROI: -1.04% Traditional ROI: 1.73%
765 Mary Lane Ext South Lebanon, OH 765 Mary Lane Ext, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 3 baths \| 1,925 sq.ft.	$404,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.65% Airbnb Rental Income: $2063 Traditional Rental Income: $2075 Airbnb ROI: 1.21% Traditional ROI: 2.65%
5266 Fredericks Stand South Lebanon, OH 5266 Fredericks Stand, South Lebanon, OH 45065 \| Single Family Residential	3 beds \| 4 baths \| 2,537 sq.ft.	$366,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.94% Airbnb Rental Income: $2063 Traditional Rental Income: $2149 Airbnb ROI: 1.13% Traditional ROI: 2.94%
1022 Oak Forest Drive South Lebanon, OH Beautifully maintained home in Thornton Grove community with pool, playground and more! Th...	4 beds \| 4 baths \| 3,786 sq.ft.	$549,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 3.82% Airbnb Rental Income: $2875 Traditional Rental Income: $3400 Airbnb ROI: 1.49% Traditional ROI: 3.82%
1076 Oak Forest Drive South Lebanon, OH Being sold as is and subject to short sale approval. Plenty of potential! Generously sized...	5 beds \| 4 baths \| 4,570 sq.ft.	$425,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 5.73% Airbnb Rental Income: $921 Traditional Rental Income: $3359 Airbnb ROI: -1.25% Traditional ROI: 5.73%
6211 Avebury Court South Lebanon, OH Welcome home to this stunning and spacious property designed to fit all your lifestyle nee...	4 beds \| 4 baths \| 2,506 sq.ft.	$465,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 3.76% Airbnb Rental Income: $2875 Traditional Rental Income: $2738 Airbnb ROI: 2.54% Traditional ROI: 3.76%
6280 Zoar Road South Lebanon, OH Opportunity awaits on this exceptional 5+ acre private retreat featuring over 3,500 square...	4 beds \| 4 baths \| 4,315 sq.ft.	$474,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 3.93% Airbnb Rental Income: $2875 Traditional Rental Income: $3293 Airbnb ROI: 1.49% Traditional ROI: 3.93%

Real Estate investment in South-lebanon, OH

There are 35 properties for sale in the city of South Lebanon . The median list price in South Lebanon is $452,229 and the average price per square foot is $176. In November 2026, the average monthly cash on cash return in South Lebanon is 2.00%. The average monthly rental income in South Lebanon is $2,190.

South-lebanon, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 35 investment properties available for sale in South-lebanon.

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

The ROI for Long-Term is higher than the Short-Term in South-lebanon with average rental income of $2,190.

Your search for investment property begins and ends here

Investment Property for Sale in South Lebanon, OH

5687 Pepperridge Court

South Lebanon, OH

4 beds | 4 baths | 2,348 sq.ft.

$399,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $2875

Traditional Rental Income: $2655

Airbnb ROI: 2.97%

Traditional ROI: 4.17%

547 Woodbine Court

South Lebanon, OH

4 beds | 3 baths | 1,981 sq.ft.

$370,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $2875

Traditional Rental Income: $2307

Airbnb ROI: 3.38%

Traditional ROI: 3.67%

291 Cherry Laurel Court

South Lebanon, OH

3 beds | 4 baths | 1,816 sq.ft.

$420,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $2063

Traditional Rental Income: $2394

Airbnb ROI: 1.41%

Traditional ROI: 3.61%

219 Chateau Valley Ln

South Lebanon, OH

4 beds | 4 baths | 5,086 sq.ft.

$999,900

Airbnb cash on cash: -0.48%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $2875

Traditional Rental Income: $4709

Airbnb ROI: -0.48%

Traditional ROI: 2.21%

713 Mary Lane Ext

South Lebanon, OH

4 beds | 3 baths | 2,980 sq.ft.

$525,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 2.37%

Airbnb Rental Income: $2875

Traditional Rental Income: $2518

Airbnb ROI: 1.74%

Traditional ROI: 2.37%

5294 Station Dr

South Lebanon, OH

4 beds | 3 baths | 2,842 sq.ft.

$469,900

Airbnb cash on cash: 2.51%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $2875

Traditional Rental Income: $2538

Airbnb ROI: 2.51%

Traditional ROI: 3.27%

309 King Ave

South Lebanon, OH

2 beds | 1 baths | 0 sq.ft.

$164,900

Airbnb cash on cash: -0.98%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $630

Traditional Rental Income: $1010

Airbnb ROI: -0.98%

Traditional ROI: 3.3%

698 Kingly Ter

South Lebanon, OH

3 beds | 2 baths | 1,444 sq.ft.

$358,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $2063

Traditional Rental Income: $1774

Airbnb ROI: 1.63%