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
37502 Agate Dr Lebanon, OR Accepted Offer with Contingencies. This stunning home is situated back off the road in a f...	3 beds \| 2 baths \| 1,980 sq.ft.	$650,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.14% Airbnb Rental Income: $1113 Traditional Rental Income: $3660 Airbnb ROI: -0.68% Traditional ROI: 4.14%
38775 Golden Valley Dr Lebanon, OR Dreaming of a project in a peaceful, picturesque setting? This 2 bed, 1 bath home on 9.3 b...	2 beds \| 1 baths \| 970 sq.ft.	$435,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.47% Airbnb Rental Income: $772 Traditional Rental Income: $2114 Airbnb ROI: -0.61% Traditional ROI: 3.47%
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: 0.51% Traditional cash on cash: 8.32% Airbnb Rental Income: $1113 Traditional Rental Income: $2765 Airbnb ROI: 0.51% Traditional ROI: 8.32%
109 E ISABELLA St Lebanon, OR This charming 1910 home offers 2 beds, 1 bath, plus an office, providing comfortable and f...	2 beds \| 1 baths \| 1,326 sq.ft.	$289,900	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.55% Airbnb Rental Income: $772 Traditional Rental Income: $2132 Airbnb ROI: -0.6% Traditional ROI: 5.55%
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.	$380,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 5.78% Airbnb Rental Income: $1113 Traditional Rental Income: $2816 Airbnb ROI: -0.04% Traditional ROI: 5.78%
36280 Airport Dr Lebanon, OR Accepted Offer with Contingencies. Just Listed! This 39-acre Farm! 35 acres Water Rights! ...	4 beds \| 2 baths \| 1,872 sq.ft.	$675,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.38% Airbnb Rental Income: $666 Traditional Rental Income: $3673 Airbnb ROI: -0.87% Traditional ROI: 4.38%
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: -1.44% Traditional cash on cash: 4.07% Airbnb Rental Income: $666 Traditional Rental Income: $2811 Airbnb ROI: -1.44% Traditional ROI: 4.07%
30434 SANTIAM RIVER Rd Lebanon, OR Enjoy a peaceful, park-like setting on 3.33 level acres. This well-maintained estate featu...	4 beds \| 3 baths \| 2,964 sq.ft.	$725,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 9.56% Airbnb Rental Income: $666 Traditional Rental Income: $7610 Airbnb ROI: -1.16% Traditional ROI: 9.56%
2380 Mountain River Dr Lebanon, OR Accepted Offer with Contingencies. Dreaming of Space + Style? Step into 2380 Mountain Rive...	4 beds \| 3 baths \| 2,235 sq.ft.	$500,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 6.03% Airbnb Rental Income: $666 Traditional Rental Income: $3947 Airbnb ROI: -1.63% Traditional ROI: 6.03%
40875 PEOPLES Dr Lebanon, OR Welcome to this beautifully maintained home on a flat, private 12-acre lot. Inside find a ...	4 beds \| 4 baths \| 2,704 sq.ft.	$775,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 4.09% Airbnb Rental Income: $666 Traditional Rental Income: $4217 Airbnb ROI: -1.24% Traditional ROI: 4.09%
30971 Sodaville Rd Lebanon, OR This stunning 3418sf home on acreage with a breathtaking view is a must-see luxury propert...	4 beds \| 3 baths \| 3,382 sq.ft.	$949,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.71% Airbnb Rental Income: $666 Traditional Rental Income: $4882 Airbnb ROI: -1.41% Traditional ROI: 3.71%
160 Tangent St Lebanon, OR Amazing Large SF Home that is a real charmer with large bedrooms to make you feel right at...	3 beds \| 1 baths \| 1,547 sq.ft.	$315,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 6.67% Airbnb Rental Income: $1113 Traditional Rental Income: $2678 Airbnb ROI: 0.12% Traditional ROI: 6.67%
155 E ROSE St Lebanon, OR $5K PRICE REDUCTION! SELLER IS MOTIVATED!! Looking for a turnkey home that is sure to deli...	2 beds \| 1 baths \| 882 sq.ft.	$319,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 5.58% Airbnb Rental Income: $772 Traditional Rental Income: $2299 Airbnb ROI: -0.57% Traditional ROI: 5.58%
925 S Williams St Lebanon, OR Full of charm and opportunity, this adorable bungalow-style home is priced to sell! Offeri...	2 beds \| 1 baths \| 800 sq.ft.	$309,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 5.51% Airbnb Rental Income: $772 Traditional Rental Income: $2186 Airbnb ROI: -0.43% Traditional ROI: 5.51%
361 W Jadon Dr Lebanon, OR Accepted Offer with Contingencies. Charming 3 bed, 2 bath home built in 2011 offering 1,25...	3 beds \| 2 baths \| 1,250 sq.ft.	$415,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.45% Airbnb Rental Income: $1113 Traditional Rental Income: $2259 Airbnb ROI: -0.46% Traditional ROI: 3.45%
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: -1.72% Traditional cash on cash: 2.98% Airbnb Rental Income: $666 Traditional Rental Income: $2783 Airbnb ROI: -1.72% 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.	$679,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.48% Airbnb Rental Income: $666 Traditional Rental Income: $3249 Airbnb ROI: -1.07% Traditional ROI: 3.48%
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%
42002 Cut Off Dr Lebanon, OR Accepted Offer with Contingencies. Property offers stunning Cascade Mountain views w/9 fen...	4 beds \| 3 baths \| 2,390 sq.ft.	$799,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.98% Airbnb Rental Income: $666 Traditional Rental Income: $4125 Airbnb ROI: -1.07% Traditional ROI: 3.98%
36062 Providence School Rd Lebanon, OR A Bumpable Offer has Been Accepted. Spacious 4-bed, 2.5-bath home on 19.56 peaceful countr...	4 beds \| 3 baths \| 2,573 sq.ft.	$720,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 4.17% Airbnb Rental Income: $666 Traditional Rental Income: $3709 Airbnb ROI: -0.81% Traditional ROI: 4.17%
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: -0.86% Traditional cash on cash: 4.28% Airbnb Rental Income: $1113 Traditional Rental Income: $4332 Airbnb ROI: -0.86% Traditional ROI: 4.28%
42051 CLARK SMITH Dr Lebanon, OR 98.7-acre property just outside of Lebanon, tucked at the base of the mountains with a lon...	4 beds \| 1 baths \| 1,884 sq.ft.	$995,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.83% Airbnb Rental Income: $666 Traditional Rental Income: $3007 Airbnb ROI: -1.02% Traditional ROI: 1.83%
2799 S 12th St Lebanon, OR Accepted Offer with Contingencies. Welcome to this beautifully updated 4 bed, 2 bath home ...	4 beds \| 2 baths \| 1,527 sq.ft.	$415,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 5.69% Airbnb Rental Income: $666 Traditional Rental Income: $3047 Airbnb ROI: -1.2% Traditional ROI: 5.69%
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: -0.64% Traditional cash on cash: 1.8% Airbnb Rental Income: $1113 Traditional Rental Income: $2898 Airbnb ROI: -0.64% 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%
875 S 5TH St Lebanon, OR This charming single-level home features so many updates, you'll be able to move right in ...	2 beds \| 1 baths \| 1,000 sq.ft.	$315,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 5.75% Airbnb Rental Income: $772 Traditional Rental Income: $2323 Airbnb ROI: -0.56% Traditional ROI: 5.75%
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.	$498,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.91% Airbnb Rental Income: $1113 Traditional Rental Income: $2558 Airbnb ROI: 0% Traditional ROI: 3.91%
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: -0.4% Traditional cash on cash: 2.63% Airbnb Rental Income: $1113 Traditional Rental Income: $2618 Airbnb ROI: -0.4% Traditional ROI: 2.63%
30610 Santiam Hwy Lebanon, OR Enjoy privacy on 18 acres of pasture & timber w/ valley views, circle driveway, & year-rou...	4 beds \| 2 baths \| 1,844 sq.ft.	$639,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 4.09% Airbnb Rental Income: $666 Traditional Rental Income: $3469 Airbnb ROI: -1.11% Traditional ROI: 4.09%
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.	$625,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 0.91% Airbnb Rental Income: $376 Traditional Rental Income: $1594 Airbnb ROI: -1.61% Traditional ROI: 0.91%
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.	$1,400,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 0.84% Airbnb Rental Income: $1113 Traditional Rental Income: $3743 Airbnb ROI: -1.47% Traditional ROI: 0.84%
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.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $4013 Airbnb ROI: N/A Traditional ROI: 3.32%
488 S 2nd St Lebanon, OR Charming 1870-built home offering 2,437 sq ft of character and space on a large 0.24-acre ...	3 beds \| 2 baths \| 2,437 sq.ft.	$775,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 3.4% Airbnb Rental Income: $1113 Traditional Rental Income: $3676 Airbnb ROI: -0.67% Traditional ROI: 3.4%
31666 S 5th St Lebanon, OR Country living close in--Opportunity awaits! Enjoy 4.82 acre parcel with a 3 bd. 1 bath h...	3 beds \| 1 baths \| 1,056 sq.ft.	$498,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.74% Airbnb Rental Income: $1113 Traditional Rental Income: $2541 Airbnb ROI: -0.13% Traditional ROI: 3.74%
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.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.57% Airbnb Rental Income: $null Traditional Rental Income: $3749 Airbnb ROI: N/A Traditional ROI: 2.57%
1775 Park Dr Lebanon, OR Accepted Offer with Contingencies. 1/4 acre corner lot! Single-level 3 bed, 2 bath home ju...	3 beds \| 2 baths \| 1,690 sq.ft.	$400,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 5.97% Airbnb Rental Income: $1113 Traditional Rental Income: $3138 Airbnb ROI: -0.42% Traditional ROI: 5.97%
1053 Kees St Lebanon, OR Accepted Offer with Contingencies. Charming 3 bed, 1.5 bath home built in 2006 with a grea...	3 beds \| 2 baths \| 1,026 sq.ft.	$325,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.48% Airbnb Rental Income: $1113 Traditional Rental Income: $2673 Airbnb ROI: 0.15% Traditional ROI: 6.48%
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.	$575,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.67% Airbnb Rental Income: $1113 Traditional Rental Income: $3120 Airbnb ROI: -0.76% Traditional ROI: 3.67%

Real Estate investment in Lebanon, OR

There are 54 properties for sale in the city of Lebanon . The median list price in Lebanon is $498,000 and the average price per square foot is $255. In May 2026, the average monthly cash on cash return in Lebanon is 4.00%. The average monthly rental income in Lebanon is $2,814.

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

There are 54 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 $2,814.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OR

37502 Agate Dr

Lebanon, OR

3 beds | 2 baths | 1,980 sq.ft.

$650,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $1113

Traditional Rental Income: $3660

Airbnb ROI: -0.68%

Traditional ROI: 4.14%

38775 Golden Valley Dr

Lebanon, OR

2 beds | 1 baths | 970 sq.ft.

$435,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $772

Traditional Rental Income: $2114

Airbnb ROI: -0.61%

Traditional ROI: 3.47%

493 Park St

Lebanon, OR

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

$275,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1113

Traditional Rental Income: $2765

Airbnb ROI: 0.51%

Traditional ROI: 8.32%

109 E ISABELLA St

Lebanon, OR

2 beds | 1 baths | 1,326 sq.ft.

$289,900

Airbnb cash on cash: -0.6%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $772

Traditional Rental Income: $2132

Airbnb ROI: -0.6%

Traditional ROI: 5.55%

1066 Kees St

Lebanon, OR

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

$380,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1113

Traditional Rental Income: $2816

Airbnb ROI: -0.04%

Traditional ROI: 5.78%

36280 Airport Dr

Lebanon, OR

4 beds | 2 baths | 1,872 sq.ft.

$675,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $666

Traditional Rental Income: $3673

Airbnb ROI: -0.87%

Traditional ROI: 4.38%

317 W Jadon Dr

Lebanon, OR

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

$475,000

Airbnb cash on cash: -1.44%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $666

Traditional Rental Income: $2811

Airbnb ROI: -1.44%

Traditional ROI: 4.07%

30434 SANTIAM RIVER Rd

Lebanon, OR

4 beds | 3 baths | 2,964 sq.ft.

$725,000

Airbnb cash on cash: -1.16%

Traditional cash on cash: 9.56%

Airbnb Rental Income: $666

Traditional Rental Income: $7610

Airbnb ROI: -1.16%