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
39889 McDowell Creek Dr Lebanon, OR Accepted Offer with Contingencies. Welcome to âGloryâ, a private 5-acre retreat along ...	5 beds \| 3 baths \| 4,165 sq.ft.	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.46% Airbnb Rental Income: $null Traditional Rental Income: $3948 Airbnb ROI: N/A Traditional ROI: 1.46%
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: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 4.17%
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: -0.02% Traditional cash on cash: 6.12% Airbnb Rental Income: $828 Traditional Rental Income: $2148 Airbnb ROI: -0.02% Traditional ROI: 6.12%
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: -0.16% Traditional cash on cash: 3.38% Airbnb Rental Income: $1105 Traditional Rental Income: $2141 Airbnb ROI: -0.16% Traditional ROI: 3.38%
37152 Deadwood Dr Lebanon, OR A Bumpable Offer has Been Accepted. This beautiful 2,908 sqft 4-bedroom, 2-bath home offer...	4 beds \| 2 baths \| 2,908 sq.ft.	$715,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $4135 Airbnb ROI: N/A Traditional ROI: 4.54%
121 S Williams (125) St Lebanon, OR Accepted Offer with Contingencies. Here is a wonderful opportunity for multigenerational l...	3 beds \| 1 baths \| 1,287 sq.ft.	$389,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.43% Airbnb Rental Income: $1105 Traditional Rental Income: $2693 Airbnb ROI: 0.07% Traditional ROI: 5.43%
36280 Airport Dr Lebanon, OR A Bumpable Offer has Been Accepted. Just Listed! This 39-acre Farm! 35 acres Water Rights!...	4 beds \| 2 baths \| 1,872 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $3673 Airbnb ROI: N/A Traditional ROI: 4.38%
54 W Sherman St Lebanon, OR Accepted Offer with Contingencies. 3 nice apartments & 4th unit is a retail space with 30 ...	6 beds \| 3 baths \| 4,698 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $4426 Airbnb ROI: N/A Traditional ROI: 7.55%
732 Harmony St Lebanon, OR Accepted Offer with Contingencies. Step into this super cute 3 bed 2 bath with a spacious ...	3 beds \| 3 baths \| 1,806 sq.ft.	$300,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 9.55% Airbnb Rental Income: $1105 Traditional Rental Income: $3500 Airbnb ROI: -0.25% Traditional ROI: 9.55%
34821 Ede Rd Lebanon, OR Accepted Offer with Contingencies. Discover the best of country living at 34821 Ede Rd in ...	3 beds \| 2 baths \| 1,636 sq.ft.	$649,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.51% Airbnb Rental Income: $1105 Traditional Rental Income: $3040 Airbnb ROI: -0.29% Traditional ROI: 3.51%
760 E Elmore St Lebanon, OR Accepted Offer with Contingencies. Back on marketâno fault of seller! This gorgeous, ful...	4 beds \| 2 baths \| 1,276 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2885 Airbnb ROI: N/A Traditional ROI: 5.73%
695 S 16th St Lebanon, OR Accepted Offer with Contingencies. Charming 3 bed, 1.5 bath home on a quiet dead-end stree...	3 beds \| 2 baths \| 1,120 sq.ft.	$364,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 5.96% Airbnb Rental Income: $1105 Traditional Rental Income: $2789 Airbnb ROI: -0.04% Traditional ROI: 5.96%
30450 Butte Creek Rd Lebanon, OR Accepted Offer with Contingencies. Ranch-style home on a beautiful and private 5.13 acres!...	2 beds \| 1 baths \| 1,092 sq.ft.	$500,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.04% Airbnb Rental Income: $828 Traditional Rental Income: $2290 Airbnb ROI: -0.79% Traditional ROI: 3.04%
795 Holly Ln Lebanon, OR A Bumpable Offer has Been Accepted. Spacious 4 bed, 2 bath home on a large 0.63-acre lot! ...	4 beds \| 2 baths \| 2,022 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $3478 Airbnb ROI: N/A Traditional ROI: 5.67%
720 W Rose St Lebanon, OR Accepted Offer with Contingencies. Spacious 2 bed, 1 bath home offering 1,515 sqft on a la...	2 beds \| 1 baths \| 1,515 sq.ft.	$279,999	Airbnb cash on cash: -0.41% Traditional cash on cash: 6.17% Airbnb Rental Income: $828 Traditional Rental Income: $2239 Airbnb ROI: -0.41% Traditional ROI: 6.17%
2652 S 11th St Lebanon, OR Accepted Offer with Contingencies. Welcome to this well-maintained 3 bed, 2 bath home with...	3 beds \| 2 baths \| 1,484 sq.ft.	$329,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 7.13% Airbnb Rental Income: $1105 Traditional Rental Income: $2924 Airbnb ROI: 0.06% Traditional ROI: 7.13%
395 Berry St Lebanon, OR Spacious and inviting, this 4 bed, 2 bath home offers 1,752 sq ft of comfortable living on...	4 beds \| 2 baths \| 1,752 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $3281 Airbnb ROI: N/A Traditional ROI: 6.93%
31867 Lawrence St Lebanon, OR Pride of ownership shines with lots of updates in this 3 bd, 1 story home on .46 acres w/ ...	3 beds \| 2 baths \| 1,276 sq.ft.	$479,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.54% Airbnb Rental Income: $1105 Traditional Rental Income: $2841 Airbnb ROI: -0.16% Traditional ROI: 4.54%
30169 Horseshoe Loop S-15 Lebanon, OR Welcome to an extraordinary opportunity at Silvies Valley Ranch, a prestigious planned res...	3 beds \| 3 baths \| N/A	$1,675,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 0.4% Airbnb Rental Income: $1105 Traditional Rental Income: $3777 Airbnb ROI: -1.55% Traditional ROI: 0.4%
29236 Santiam Hwy Lebanon, OR Rare opportunity to own 10 beautiful acres with two manufactured homes, perfect for multi-...	2 beds \| 1 baths \| 864 sq.ft.	$399,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 4.19% Airbnb Rental Income: $828 Traditional Rental Income: $2123 Airbnb ROI: -0.14% Traditional ROI: 4.19%
995 River St Lebanon, OR Set on a huge lot in a quiet, desirable neighborhood, this character-filled home offers a ...	4 beds \| 3 baths \| 2,000 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 4.47%
733 Walker Rd Lebanon, OR Charming 4-bedroom, 3-bath, two-story home set back from the main road, offering 1,425 sq ...	4 beds \| 2 baths \| 1,425 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 5.88%
238 W Jadon Dr Lebanon, OR Spacious and well-designed 3 bed, 2.5 bath home offering 1,912 sqft in a desirable neighbo...	3 beds \| 2 baths \| 1,912 sq.ft.	$449,990	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.93% Airbnb Rental Income: $1105 Traditional Rental Income: $2679 Airbnb ROI: -0.69% Traditional ROI: 3.93%
205 E Pine St Lebanon, OR Back on the market at no fault of the Seller. Charming 1920 home on a quiet street. This 2...	5 beds \| 1 baths \| 2,361 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $3409 Airbnb ROI: N/A Traditional ROI: 7.07%
1535 Maple Pl Lebanon, OR HUGE 0.29-acre lot with fantastic curb appeal on a quiet cul-de-sac! This beautifully upda...	3 beds \| 1 baths \| 1,012 sq.ft.	$350,000	Airbnb cash on cash: 0% Traditional cash on cash: 5.41% Airbnb Rental Income: $1105 Traditional Rental Income: $2510 Airbnb ROI: 0% Traditional ROI: 5.41%
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: 0.21% Traditional cash on cash: 5.08% Airbnb Rental Income: $1105 Traditional Rental Income: $2444 Airbnb ROI: 0.21% Traditional ROI: 5.08%
690 W Morton St Lebanon, OR Freshly updated 3 bed, 2 bath home full of charm and character on a desirable corner lot! ...	3 beds \| 2 baths \| 1,368 sq.ft.	$375,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.08% Airbnb Rental Income: $1105 Traditional Rental Income: $1407 Airbnb ROI: 0.16% Traditional ROI: 2.08%
2020 S 12th St Lebanon, OR Tastefully updated and move-in ready, this bright home features an open floor plan and is ...	3 beds \| 2 baths \| 1,296 sq.ft.	$285,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.63% Airbnb Rental Income: $1105 Traditional Rental Income: $2573 Airbnb ROI: 0.1% Traditional ROI: 6.63%
40189 Mount Hope Dr Lebanon, OR Spacious 4,036 sq ft home on 5 acres with dual living potential! Features 2 primary suites...	6 beds \| 4 baths \| 4,036 sq.ft.	$839,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $6088 Airbnb ROI: N/A Traditional ROI: 5.95%
39844 McDowell Crk Lebanon, OR Great location on 4.12 acres! Updated, quality-built home w/expansive layout-2 great rooms...	5 beds \| 3 baths \| 4,548 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $4788 Airbnb ROI: N/A Traditional ROI: 3.33%
29373 Santiam Ter Lebanon, OR Secluded, private, and quiet, this peaceful retreat offers incredible views and wide-open ...	2 beds \| 2 baths \| 1,344 sq.ft.	$500,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.83% Airbnb Rental Income: $828 Traditional Rental Income: $2450 Airbnb ROI: -0.33% Traditional ROI: 3.83%
705 Tangent St Lebanon, OR Beautifully updated home on a large corner lot. This property features all new flooring th...	2 beds \| 2 baths \| 1,056 sq.ft.	$385,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 4.19% Airbnb Rental Income: $828 Traditional Rental Income: $2195 Airbnb ROI: -0.33% Traditional ROI: 4.19%
30839 Washington St Lebanon, OR 30839 Washington St, Lebanon, OR 97355 \| Manufactured Home	3 beds \| 2 baths \| 1,316 sq.ft.	$272,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.95% Airbnb Rental Income: $1105 Traditional Rental Income: $2151 Airbnb ROI: 0.42% Traditional ROI: 5.95%
160 Tangent St Lebanon, OR This one is a real charmer! This home has cozy features to make you feel right at home. In...	3 beds \| 1 baths \| 1,547 sq.ft.	$330,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 6.11% Airbnb Rental Income: $1105 Traditional Rental Income: $2678 Airbnb ROI: 0.02% Traditional ROI: 6.11%
35113 Brewster Rd Lebanon, OR Unique historic schoolhouse with incredible potential. Used as a school until the 1970s an...	1 beds \| 1 baths \| 8,626 sq.ft.	$625,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.91% Airbnb Rental Income: $385 Traditional Rental Income: $1594 Airbnb ROI: -1.6% Traditional ROI: 0.91%
750 E Oak St Lebanon, OR Dual-Living Possibilities in Beautiful Lebanon, Oregon! Updated, Bright, light, this versa...	4 beds \| 2 baths \| 1,684 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $3126 Airbnb ROI: N/A Traditional ROI: 5.75%
35247 Ede Rd Lebanon, OR Charming 3 bed, 2 bath home on 2.5 acres in a prime Lacomb location! This 1600 sqft proper...	3 beds \| 2 baths \| 1,600 sq.ft.	$499,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.13% Airbnb Rental Income: $1105 Traditional Rental Income: $3093 Airbnb ROI: 0.07% Traditional ROI: 5.13%
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.	$699,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.02% Airbnb Rental Income: $1105 Traditional Rental Income: $3683 Airbnb ROI: -0.5% Traditional ROI: 4.02%
40759 Mcdowell Creek Dr Lebanon, OR Welcome to your riverfront farm-life haven! This 28.4-acre property offers flat, usable ac...	2 beds \| 2 baths \| 1,794 sq.ft.	$988,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.58% Airbnb Rental Income: $828 Traditional Rental Income: $2905 Airbnb ROI: -0.94% Traditional ROI: 1.58%
30610 Santiam Hwy Lebanon, OR Enjoy privacy on 18 acres of pasture & timber w/ valley views, circle driveway, & year-rou...	3 beds \| 2 baths \| 1,844 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $3469 Airbnb ROI: N/A Traditional ROI: 4.09%

Real Estate investment in Lebanon, OR

There are 79 properties for sale in the city of Lebanon . The median list price in Lebanon is $444,000 and the average price per square foot is $223. In March 2026, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $2,845.

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

There are 79 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 $1,105.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OR

39889 McDowell Creek Dr

Lebanon, OR

5 beds | 3 baths | 4,165 sq.ft.

$1,399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.46%

Airbnb Rental Income: $null

Traditional Rental Income: $3948

Airbnb ROI: N/A

Traditional ROI: 1.46%

36062 Providence School Rd

Lebanon, OR

4 beds | 3 baths | 2,573 sq.ft.

$720,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3709

Airbnb ROI: N/A

Traditional ROI: 4.17%

180 Eaton St

Lebanon, OR

2 beds | 1 baths | 676 sq.ft.

$285,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $828

Traditional Rental Income: $2148

Airbnb ROI: -0.02%

Traditional ROI: 6.12%

32008 Moss St

Lebanon, OR

3 beds | 2 baths | 1,510 sq.ft.

$425,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1105

Traditional Rental Income: $2141

Airbnb ROI: -0.16%

Traditional ROI: 3.38%

37152 Deadwood Dr

Lebanon, OR

4 beds | 2 baths | 2,908 sq.ft.

$715,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.54%

Airbnb Rental Income: $null

Traditional Rental Income: $4135

Airbnb ROI: N/A

Traditional ROI: 4.54%

121 S Williams (125) St

Lebanon, OR

3 beds | 1 baths | 1,287 sq.ft.

$389,900

Airbnb cash on cash: 0.07%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $1105

Traditional Rental Income: $2693

Airbnb ROI: 0.07%

Traditional ROI: 5.43%

36280 Airport Dr

Lebanon, OR

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

$675,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3673

Airbnb ROI: N/A

Traditional ROI: 4.38%

54 W Sherman St

Lebanon, OR

6 beds | 3 baths | 4,698 sq.ft.

$515,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.55%

Airbnb Rental Income: $null

Traditional Rental Income: $4426

Airbnb ROI: N/A