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
37617 Elizabeth Dr Lebanon, OR Accepted Offer with Contingencies. Let's start with the BREATHTAKING VIEW! Then,let's see ...	4 beds \| 5 baths \| 7,862 sq.ft.	$1,275,120	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $7156 Airbnb ROI: N/A Traditional ROI: 4.35%
38234 Elm St Lebanon, OR Charming home on a spacious 0.44-acre lot featuring a wrap-around covered deck, cozy woods...	2 beds \| 1 baths \| 1,292 sq.ft.	$375,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.59% Airbnb Rental Income: $1243 Traditional Rental Income: $2238 Airbnb ROI: 0.63% Traditional ROI: 4.59%
323 Shannon Pl Lebanon, OR A Bumpable Offer has Been Accepted. Beautiful 3 bed,2 bath home with space for RV. Welcomi...	3 beds \| 2 baths \| 1,577 sq.ft.	$424,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.14% Airbnb Rental Income: $1635 Traditional Rental Income: $3022 Airbnb ROI: 0.49% Traditional ROI: 5.14%
80 Oakway Pl Lebanon, OR This beautifully maintained home offers the ideal combination of comfort, functionality, a...	3 beds \| 3 baths \| 1,654 sq.ft.	$405,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.63% Airbnb Rental Income: $1635 Traditional Rental Income: $3048 Airbnb ROI: 0.69% Traditional ROI: 5.63%
36622 Highway 34 Lebanon, OR Accepted Offer with Contingencies. Nestled on 7+ flat, picturesque acres, this property of...	3 beds \| 2 baths \| 1,893 sq.ft.	$615,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.73% Airbnb Rental Income: $1635 Traditional Rental Income: $3688 Airbnb ROI: 0.35% Traditional ROI: 4.73%
260 CROWFOOT RD Lebanon, OR This charming Lebanon home has been fully renovated and is ready to move in and enjoy. Wit...	4 beds \| 3 baths \| 1,618 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.53% Airbnb Rental Income: $null Traditional Rental Income: $3542 Airbnb ROI: N/A Traditional ROI: 8.53%
270 Hobbs St Lebanon, OR THE PERFECT PLACE TO PUT DOWN ROOTS! Welcome home to this inviting 3 bed, 1.5 bath on a ge...	3 beds \| 2 baths \| 1,096 sq.ft.	$359,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.21% Airbnb Rental Income: $1635 Traditional Rental Income: $2117 Airbnb ROI: 1.41% Traditional ROI: 4.21%
689 W Sherman St Lebanon, OR Accepted Offer with Contingencies. Charming 3 bedroom, 1.5 bathroom home situated on a gen...	3 beds \| 2 baths \| 1,332 sq.ft.	$299,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 8.27% Airbnb Rental Income: $1635 Traditional Rental Income: $2936 Airbnb ROI: 2.03% Traditional ROI: 8.27%
951 WASSOM ST Lebanon, OR Donât miss this sought-after neighborhoodâan excellent addition to any investment port...	N/A beds \| N/A baths \| 2,804 sq.ft.	$685,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.61% Airbnb Rental Income: $857 Traditional Rental Income: $1665 Airbnb ROI: -1.18% Traditional ROI: 0.61%
300 W Jadon Dr Lebanon, OR Accepted Offer with Contingencies. This is the one! Quality built home in desirable Heathe...	4 beds \| 2 baths \| 1,540 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $3080 Airbnb ROI: N/A Traditional ROI: 5.27%
45 S Williams St Lebanon, OR Accepted Offer with Contingencies. Donât miss this great opportunity! Sitting on a huge ...	3 beds \| 2 baths \| 1,168 sq.ft.	$339,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 5.08% Airbnb Rental Income: $1635 Traditional Rental Income: $2278 Airbnb ROI: 1.61% Traditional ROI: 5.08%
30434 SANTIAM RIVER RD Lebanon, OR Back on the market at no fault of the home or seller.Experience comfort, space, and scenic...	4 beds \| 6 baths \| 2,964 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $7610 Airbnb ROI: N/A Traditional ROI: 9.57%
2380 Mountain River Dr Lebanon, OR Step into this beautifully maintained Lebanon, Oregon home conveniently located on Mountai...	4 beds \| 3 baths \| 2,235 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $3947 Airbnb ROI: N/A Traditional ROI: 6.05%
91 S MAIN ST Lebanon, OR Dreaming of a home that pays you back? This historic 1910 gem pulls double duty! Downstair...	5 beds \| 3 baths \| 3,115 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $4371 Airbnb ROI: N/A Traditional ROI: 5.66%
31381 Georgetown Ln Lebanon, OR Accepted Offer with Contingencies. Custom 2,911 SF, 4 bed, 2.5 bth home on 5.01 fully fenc...	5 beds \| 5 baths \| 4,405 sq.ft.	$1,345,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $4921 Airbnb ROI: N/A Traditional ROI: 2.44%
511 W C ST Lebanon, OR Spacious Corner Lot Near Town! Enjoy the convenience of being close to town while still fe...	2 beds \| 1 baths \| 893 sq.ft.	$290,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.98% Airbnb Rental Income: $1243 Traditional Rental Income: $2239 Airbnb ROI: 0.88% Traditional ROI: 5.98%
212 E Vine St Lebanon, OR Accepted Offer with Contingencies. Classy 1930 charmer on a large corner lot! Beautifully ...	2 beds \| 1 baths \| 1,084 sq.ft.	$360,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.09% Airbnb Rental Income: $1243 Traditional Rental Income: $2444 Airbnb ROI: 0.37% Traditional ROI: 5.09%
762 RANDALL DR Lebanon, OR Charming Home with Room to Grow! Welcome to this inviting 4-bedroom, 2.5-bath home nestled...	4 beds \| 3 baths \| 1,854 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $3487 Airbnb ROI: N/A Traditional ROI: 5.75%
180 Eaton St Lebanon, OR Charming Move-In Ready Cottage on Quiet Dead-End Street. This updated 2-bedroom, 1-bath ho...	2 beds \| 1 baths \| 676 sq.ft.	$285,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 6.12% Airbnb Rental Income: $1243 Traditional Rental Income: $2148 Airbnb ROI: 1.27% Traditional ROI: 6.12%
39889 McDowell Creek Dr Lebanon, OR Welcome to "Glory".This stunning 5-acre retreat offers the perfect blend of rustic charm a...	5 beds \| 3 baths \| 4,165 sq.ft.	$1,449,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.39% Airbnb Rental Income: $null Traditional Rental Income: $3948 Airbnb ROI: N/A Traditional ROI: 1.39%
3140 Quail Pl Lebanon, OR This beautiful 3 bed, 2.5 bath home offers a spacious and functional layout filled with na...	3 beds \| 3 baths \| 1,803 sq.ft.	$450,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 5.93% Airbnb Rental Income: $1635 Traditional Rental Income: $3411 Airbnb ROI: 0.61% Traditional ROI: 5.93%
38785 Mountain Home Dr Lebanon, OR This beautiful 3-bedroom, 2-bath home offers the perfect blend of comfort and functionalit...	3 beds \| 2 baths \| 2,934 sq.ft.	$774,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.53% Airbnb Rental Income: $1635 Traditional Rental Income: $3683 Airbnb ROI: 0.06% Traditional ROI: 3.53%
1937 Stoltz Hill Rd Lebanon, OR Beautifully built in 2022, this modern home sits on a quiet cul-de-sac and offers 3 bedroo...	3 beds \| 2 baths \| 1,192 sq.ft.	$374,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.91% Airbnb Rental Income: $1635 Traditional Rental Income: $2817 Airbnb ROI: 1.24% Traditional ROI: 5.91%
32008 Moss St Lebanon, OR Timeless Mid-Century Ranch, including Solid Oak Floors and craftsman touches throughout. B...	3 beds \| 2 baths \| 1,510 sq.ft.	$425,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.38% Airbnb Rental Income: $1635 Traditional Rental Income: $2141 Airbnb ROI: 0.95% Traditional ROI: 3.38%
2361 Kokanee Wy Lebanon, OR Fresh mountain views offering serene walks close to the river, established neighborhood in...	4 beds \| 3 baths \| 2,389 sq.ft.	$509,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.16% Airbnb Rental Income: $null Traditional Rental Income: $3042 Airbnb ROI: N/A Traditional ROI: 4.16%
31975 BERLIN RD Lebanon, OR SOLITUDE, SERENITY, & SPACE! Escape to your own log cabin retreat with plenty of elbow roo...	3 beds \| 2 baths \| 1,769 sq.ft.	$579,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 2.27% Airbnb Rental Income: $1635 Traditional Rental Income: $2209 Airbnb ROI: 0.35% Traditional ROI: 2.27%
37986 River Dr Lebanon, OR 4.53 acres of level horse property with canal frontage close to town. New fencing and newl...	3 beds \| 2 baths \| 2,220 sq.ft.	$699,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.57% Airbnb Rental Income: $1635 Traditional Rental Income: $2175 Airbnb ROI: 0.04% Traditional ROI: 1.57%
1011 F St Lebanon, OR Great investment opportunity!! Build, divide or remodel! Charming 3-bed, 1-bath home on a ...	3 beds \| 1 baths \| 1,036 sq.ft.	$375,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.08% Airbnb Rental Income: $1635 Traditional Rental Income: $2444 Airbnb ROI: 1.47% Traditional ROI: 5.08%
37289 James Pl Lebanon, OR Accepted Offer with Contingencies. Donât miss this beautiful 2 bed, 2 bath home on a gen...	2 beds \| 2 baths \| 2,142 sq.ft.	$449,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.37% Airbnb Rental Income: $1243 Traditional Rental Income: $2238 Airbnb ROI: 0.07% Traditional ROI: 3.37%
31220 BERLIN RD Lebanon, OR Experience craftsmanship in this 2,784 sqft, 3 bed, 2.5 bath home. This property has vault...	3 beds \| 2 baths \| 2,785 sq.ft.	$1,149,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.65% Airbnb Rental Income: $1635 Traditional Rental Income: $2630 Airbnb ROI: -0.71% Traditional ROI: 0.65%
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.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $3249 Airbnb ROI: N/A Traditional ROI: 3.35%
42681 ISLAND INN DR Lebanon, OR Stunning 106+ acre estate w/ a spacious home & scenic views. This well-maintained 3000sqft...	3 beds \| 3 baths \| 3,000 sq.ft.	$1,399,900	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.34% Airbnb Rental Income: $1635 Traditional Rental Income: $3823 Airbnb ROI: -0.7% Traditional ROI: 1.34%
41896 Cut Off Dr Lebanon, OR You'll love this beautiful single story home just completed. 3bd.,2bath home with 1972 sq....	3 beds \| 2 baths \| 1,972 sq.ft.	$799,500	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.34% Airbnb Rental Income: $1635 Traditional Rental Income: $3438 Airbnb ROI: 0.3% Traditional ROI: 3.34%
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.	$824,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $3726 Airbnb ROI: N/A Traditional ROI: 3.1%
37121 Rock Hill Dr Lebanon, OR Accepted Offer with Contingencies. Farm living on 3.39 acres of pasture with gorgeous moun...	3 beds \| 2 baths \| 1,990 sq.ft.	$560,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.58% Airbnb Rental Income: $1635 Traditional Rental Income: $3303 Airbnb ROI: 0.51% Traditional ROI: 4.58%
41671 Clark Smith Dr Lebanon, OR Spacious 3-bed, 2-bath manufactured home with 2,500 sqft of well-designed living space on ...	3 beds \| 2 baths \| 2,500 sq.ft.	$583,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.22% Airbnb Rental Income: $1635 Traditional Rental Income: $3795 Airbnb ROI: 0.41% Traditional ROI: 5.22%
2020 Omire Ln Lebanon, OR Accepted Offer with Contingencies. This property features an oversized lot with a huge fen...	4 beds \| 3 baths \| 2,000 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $3488 Airbnb ROI: N/A Traditional ROI: 7.06%
42002 Cut Off Dr Lebanon, OR Property offers stunning Cascade Mountain views w/9 fenced acres featuring pasture & timbe...	4 beds \| 3 baths \| 2,390 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $4125 Airbnb ROI: N/A Traditional ROI: 3.46%
2381 Mountain River Dr Lebanon, OR Accepted Offer with Contingencies. Beautiful, SPACIOUS home offers a perfect blend of comf...	3 beds \| 3 baths \| 2,925 sq.ft.	$498,000	Airbnb cash on cash: 0% Traditional cash on cash: 6.51% Airbnb Rental Income: $1635 Traditional Rental Income: $4206 Airbnb ROI: 0% Traditional ROI: 6.51%
36999 Victory Dr Lebanon, OR A Bumpable Offer has Been Accepted. BACK ON MARKET, no fault to seller INSPECTIONS COMP- ...	3 beds \| 2 baths \| 2,387 sq.ft.	$695,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 4.02% Airbnb Rental Income: $1635 Traditional Rental Income: $3866 Airbnb ROI: -0.14% Traditional ROI: 4.02%

Real Estate investment in Lebanon, OR

There are 80 properties for sale in the city of Lebanon . The median list price in Lebanon is $450,000 and the average price per square foot is $206. In September 2025, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $3,048.

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

There are 80 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 $3,048.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OR

37617 Elizabeth Dr

Lebanon, OR

4 beds | 5 baths | 7,862 sq.ft.

$1,275,120

Airbnb cash on cash: N/A

Traditional cash on cash: 4.35%

Airbnb Rental Income: $null

Traditional Rental Income: $7156

Airbnb ROI: N/A

Traditional ROI: 4.35%

38234 Elm St

Lebanon, OR

2 beds | 1 baths | 1,292 sq.ft.

$375,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1243

Traditional Rental Income: $2238

Airbnb ROI: 0.63%

Traditional ROI: 4.59%

323 Shannon Pl

Lebanon, OR

3 beds | 2 baths | 1,577 sq.ft.

$424,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1635

Traditional Rental Income: $3022

Airbnb ROI: 0.49%

Traditional ROI: 5.14%

80 Oakway Pl

Lebanon, OR

3 beds | 3 baths | 1,654 sq.ft.

$405,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1635

Traditional Rental Income: $3048

Airbnb ROI: 0.69%

Traditional ROI: 5.63%

36622 Highway 34

Lebanon, OR

3 beds | 2 baths | 1,893 sq.ft.

$615,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1635

Traditional Rental Income: $3688

Airbnb ROI: 0.35%

Traditional ROI: 4.73%

260 CROWFOOT RD

Lebanon, OR

4 beds | 3 baths | 1,618 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.53%

Airbnb Rental Income: $null

Traditional Rental Income: $3542

Airbnb ROI: N/A

Traditional ROI: 8.53%

270 Hobbs St

Lebanon, OR

3 beds | 2 baths | 1,096 sq.ft.

$359,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1635

Traditional Rental Income: $2117

Airbnb ROI: 1.41%

Traditional ROI: 4.21%

689 W Sherman St

Lebanon, OR

3 beds | 2 baths | 1,332 sq.ft.

$299,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $1635

Traditional Rental Income: $2936

Airbnb ROI: 2.03%