Real Estate Investment Properties for Sale in Lebanon, OR

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
311 W Jadon Dr Lebanon, OR Beautifully maintained 4 bed, 2.5 bath home in a quiet Lebanon neighborhood featuring open...	4 beds \| 3 baths \| 2,220 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $3910 Airbnb ROI: N/A Traditional ROI: 6.61%
40357 Hilltop Drive Lebanon, OR Escape to this beautiful country home featuring a wrap-around deck, a peaceful setting, an...	4 beds \| 3 baths \| 2,583 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3923 Airbnb ROI: N/A Traditional ROI: 3.42%
35600 Truelove Dr Lebanon, OR Imagine ending each day w/ breathtaking sunsets, star-filled skies, & the peaceful rhythm ...	3 beds \| 2 baths \| 1,721 sq.ft.	$699,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $1734 Traditional Rental Income: $2994 Airbnb ROI: 0.38% Traditional ROI: 3.05%
493 Park St Lebanon, OR 3-bed, 1.5-bath home with great potential in Lebanon. Functional floor plan with good natu...	3 beds \| 1 baths \| 1,344 sq.ft.	$275,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.32% Airbnb Rental Income: $1734 Traditional Rental Income: $2765 Airbnb ROI: 2.5% Traditional ROI: 8.32%
310 W B St Lebanon, OR Welcome home to this charming and low-maintenance property in the heart of Lebanon! Filled...	3 beds \| 3 baths \| 1,782 sq.ft.	$386,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 6.62% Airbnb Rental Income: $1734 Traditional Rental Income: $3183 Airbnb ROI: 1.31% Traditional ROI: 6.62%
1066 Kees St Lebanon, OR THE ONE you've been waiting for! This move-in-ready single-level home is nestled in a fant...	3 beds \| 2 baths \| 1,056 sq.ft.	$365,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.06% Airbnb Rental Income: $1734 Traditional Rental Income: $2816 Airbnb ROI: 1.5% Traditional ROI: 6.06%
317 W Jadon Dr Lebanon, OR Charming 4-bed, 2.5-bath, 2,164 sqft home with a 2-car garage. This 2-story gem, built in ...	4 beds \| 3 baths \| 2,164 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2811 Airbnb ROI: N/A Traditional ROI: 4.07%
2333 Mountain River Dr Lebanon, OR Welcome to this spacious 2-story home in the desirable Santiam River Place neighborhood of...	4 beds \| 3 baths \| 2,561 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 3.07%
160 Tangent St Lebanon, OR Welcome home to this charming 3-bedroom, 1 bath home on a spacious corner lot! Offering a ...	3 beds \| 1 baths \| 1,547 sq.ft.	$315,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.67% Airbnb Rental Income: $1734 Traditional Rental Income: $2678 Airbnb ROI: 1.87% Traditional ROI: 6.67%
38712 River Dr Lebanon, OR Private wooded oasis minutes from town! Inside enjoy a spacious open floor plan with large...	3 beds \| 2 baths \| 1,940 sq.ft.	$860,000	Airbnb cash on cash: 0% Traditional cash on cash: 2.64% Airbnb Rental Income: $1734 Traditional Rental Income: $3378 Airbnb ROI: 0% Traditional ROI: 2.64%
1531 FRANKLIN St Lebanon, OR Charming and move-in-ready 3-bedroom, 1-bath home featuring numerous updates and valuable ...	3 beds \| 1 baths \| 1,778 sq.ft.	$410,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 2.36% Airbnb Rental Income: $1734 Traditional Rental Income: $1690 Airbnb ROI: 1.23% Traditional ROI: 2.36%
340 S Main St Lebanon, OR 7 unit complex conveniently located on the North side of town. 6 units are one bedroom / o...	N/A beds \| N/A baths \| 3,349 sq.ft.	$675,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.75% Airbnb Rental Income: $591 Traditional Rental Income: $3504 Airbnb ROI: -1.34% Traditional ROI: 3.75%
390 W D St Lebanon, OR Charming 1950s home in the heart of Lebanon, beautifully updated while preserving its clas...	3 beds \| 2 baths \| 1,232 sq.ft.	$365,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 5.98% Airbnb Rental Income: $1734 Traditional Rental Income: $2768 Airbnb ROI: 1.57% Traditional ROI: 5.98%
955 F St Lebanon, OR Rare opportunity in Lebanon! Charming 2-bed, 1-bath home on a massive .80-acre lot with a ...	2 beds \| 1 baths \| 1,290 sq.ft.	$350,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.75% Airbnb Rental Income: $1123 Traditional Rental Income: $1544 Airbnb ROI: 0.33% Traditional ROI: 2.75%
1000 TASHA Way Lebanon, OR Welcome to refined comfort in one of Lebanon's most sought-after neighborhoods. Open floor...	4 beds \| 3 baths \| 2,816 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 2.98%
39042 Mount Hope Dr Lebanon, OR Charming 4-bed, 2-bath home nestled on 21 acres of mature timbered forest ideal for the hu...	4 beds \| 2 baths \| 1,920 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $3249 Airbnb ROI: N/A Traditional ROI: 3.49%
37570 Rock Hill Dr Lebanon, OR Discover this expansive 4-bedroom, 2.5-bath home with an office or 5th bedroom set on 13 p...	5 beds \| 3 baths \| 2,368 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $3726 Airbnb ROI: N/A Traditional ROI: 3.23%
32117 BELLINGER SCALE Rd Lebanon, OR Tucked beside Mallard Creek Golf Course and surrounded by mountain views, this 3-bedroom, ...	2 beds \| 2 baths \| 3,988 sq.ft.	$739,500	Airbnb cash on cash: -0.67% Traditional cash on cash: 2.07% Airbnb Rental Income: $1123 Traditional Rental Income: $2634 Airbnb ROI: -0.67% Traditional ROI: 2.07%
36824 Edgemont Dr Lebanon, OR Custom 2,848 sqft home on 2.23 acres with a long private driveway and stunning views. Thou...	3 beds \| 3 baths \| 2,848 sq.ft.	$749,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.28% Airbnb Rental Income: $1734 Traditional Rental Income: $4332 Airbnb ROI: -0.12% Traditional ROI: 4.28%
30920 Berlin Rd Lebanon, OR 34.45 acres of fenced & cross-fenced pasture & 15 - 30 year old timber with stocked pond &...	3 beds \| 2 baths \| 2,128 sq.ft.	$950,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.8% Airbnb Rental Income: $1734 Traditional Rental Income: $2898 Airbnb ROI: -0.06% Traditional ROI: 1.8%
865 Lebanite Dr Lebanon, OR Located in a desirable neighborhood, this 1950s charmer offers 5 bedrooms, 2 bathrooms, an...	5 beds \| 2 baths \| 2,407 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $3977 Airbnb ROI: N/A Traditional ROI: 5.29%
34125 E Lacomb Rd Lebanon, OR Your dream hobby farm awaits! This 2.5-acre Lacomb property offers peaceful country living...	3 beds \| 2 baths \| 1,296 sq.ft.	$484,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.05% Airbnb Rental Income: $1734 Traditional Rental Income: $2558 Airbnb ROI: 1.17% Traditional ROI: 4.05%
32981 Mount Pleasant Rd Lebanon, OR Set on 32.34 private acres, this true horse property features a 3-stall barn with tack roo...	3 beds \| 2 baths \| 1,188 sq.ft.	$665,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.63% Airbnb Rental Income: $1734 Traditional Rental Income: $2618 Airbnb ROI: 0.44% Traditional ROI: 2.63%
35113 Brewster Rd Lebanon, OR Unique Property Alert! The historic Griggs School is up for sale. The former schoolhouse k...	1 beds \| 2 baths \| 8,626 sq.ft.	$610,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 0.96% Airbnb Rental Income: $407 Traditional Rental Income: $1594 Airbnb ROI: -1.58% Traditional ROI: 0.96%
33174 Langmack Road Lebanon, OR Experience true country living, a modern two-story, 3-bed, 2.5-bath, 2239 SQ FT with attac...	3 beds \| 3 baths \| 2,553 sq.ft.	$1,300,000	Airbnb cash on cash: -1% Traditional cash on cash: 1.06% Airbnb Rental Income: $1734 Traditional Rental Income: $3743 Airbnb ROI: -1% Traditional ROI: 1.06%
1715 Cascade Dr Lebanon, OR Excellent location with power, water, and septic already in place. Property is best suited...	3 beds \| 1 baths \| 1,020 sq.ft.	$259,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 7.54% Airbnb Rental Income: $1734 Traditional Rental Income: $2424 Airbnb ROI: 2.78% Traditional ROI: 7.54%
42801 Island Inn Dr Lebanon, OR Crabtree Creek retreat! Set on 3.12 private acres with the full length of Crabtree Creek f...	5 beds \| 3 baths \| 2,564 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $4013 Airbnb ROI: N/A Traditional ROI: 3.59%
488 S 2nd St Lebanon, OR Step into a rare piece of Lebanon history with this iconic 150+ year-old home, rich with c...	3 beds \| 2 baths \| 2,437 sq.ft.	$775,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 3.4% Airbnb Rental Income: $1734 Traditional Rental Income: $3676 Airbnb ROI: 0.05% Traditional ROI: 3.4%
39692 LACOMB Dr Lebanon, OR Beautiful 5 bed, 2 bath + office home on 8.89 acres, tucked away down an enchanting tree-l...	5 beds \| 2 baths \| 3,000 sq.ft.	$974,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $3749 Airbnb ROI: N/A Traditional ROI: 2.65%
35377 EDE Rd Lebanon, OR 87.5 acres perfect for agribusiness, recreation, or livestock ops with 30 ac water rights....	3 beds \| 2 baths \| 1,928 sq.ft.	$997,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 2.02% Airbnb Rental Income: $1734 Traditional Rental Income: $3188 Airbnb ROI: -0.06% Traditional ROI: 2.02%
1177 Vaughan Ln Lebanon, OR Enjoy this amazing property just outside of town on small acreage. This 3-bed, 2-bath home...	3 beds \| 2 baths \| 1,772 sq.ft.	$560,625	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.82% Airbnb Rental Income: $1734 Traditional Rental Income: $3120 Airbnb ROI: 0.26% Traditional ROI: 3.82%
37734 River Dr Lebanon, OR Enjoy all Lebanon has to offer with this 2024 MF home on 2.9 acres! Featuring fruit trees,...	3 beds \| 2 baths \| 2,041 sq.ft.	$640,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.09% Airbnb Rental Income: $1734 Traditional Rental Income: $3595 Airbnb ROI: 0.18% Traditional ROI: 4.09%
3910 S SANTIAM Hwy Lebanon, OR Great investment opportunity on a spacious 0.46-acre lot in the heart of Lebanon! This 1,0...	2 beds \| 1 baths \| 1,074 sq.ft.	$180,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 10.29% Airbnb Rental Income: $1123 Traditional Rental Income: $2230 Airbnb ROI: 1.63% Traditional ROI: 10.29%
361 N 3rd St Lebanon, OR Investor Alert!! Options w/ this 2 bed house on large lot in town. Zoning allows for 2nd l...	2 beds \| 1 baths \| 1,199 sq.ft.	$269,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 6.45% Airbnb Rental Income: $1123 Traditional Rental Income: $2199 Airbnb ROI: 0.73% Traditional ROI: 6.45%
34965 Brewster Rd Lebanon, OR 5 acres of Oregon country living with the big stuff already done! This 3BD/2BA home featur...	3 beds \| 2 baths \| 1,574 sq.ft.	$579,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 4.07% Airbnb Rental Income: $1734 Traditional Rental Income: $3076 Airbnb ROI: 0.71% Traditional ROI: 4.07%
2456 Phillips Wy Lebanon, OR A Bumpable Offer has Been Accepted. Brand new construction with room for everyone! Located...	4 beds \| 4 baths \| 2,876 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.96% Airbnb Rental Income: $null Traditional Rental Income: $4763 Airbnb ROI: N/A Traditional ROI: 7.96%

Real Estate investment in Lebanon, OR

There are 68 properties for sale in the city of Lebanon . The median list price in Lebanon is $369,779 and the average price per square foot is $194. In July 2026, the average monthly cash on cash return in Lebanon is 4.00%. The average monthly rental income in Lebanon is $2,817.

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

There are 68 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 $2,817.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OR

311 W Jadon Dr

Lebanon, OR

4 beds | 3 baths | 2,220 sq.ft.

$469,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3910

Airbnb ROI: N/A

Traditional ROI: 6.61%

40357 Hilltop Drive

Lebanon, OR

4 beds | 3 baths | 2,583 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $3923

Airbnb ROI: N/A

Traditional ROI: 3.42%

35600 Truelove Dr

Lebanon, OR

3 beds | 2 baths | 1,721 sq.ft.

$699,900

Airbnb cash on cash: 0.38%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1734

Traditional Rental Income: $2994

Airbnb ROI: 0.38%

Traditional ROI: 3.05%

493 Park St

Lebanon, OR

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

$275,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1734

Traditional Rental Income: $2765

Airbnb ROI: 2.5%

Traditional ROI: 8.32%

310 W B St

Lebanon, OR

3 beds | 3 baths | 1,782 sq.ft.

$386,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 6.62%

Airbnb Rental Income: $1734

Traditional Rental Income: $3183

Airbnb ROI: 1.31%

Traditional ROI: 6.62%

1066 Kees St

Lebanon, OR

3 beds | 2 baths | 1,056 sq.ft.

$365,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $1734

Traditional Rental Income: $2816

Airbnb ROI: 1.5%

Traditional ROI: 6.06%

317 W Jadon Dr

Lebanon, OR

4 beds | 3 baths | 2,164 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2811

Airbnb ROI: N/A

Traditional ROI: 4.07%

2333 Mountain River Dr

Lebanon, OR

4 beds | 3 baths | 2,561 sq.ft.

$520,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2697

Airbnb ROI: N/A