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: -0.62% Traditional cash on cash: 3.47% Airbnb Rental Income: $764 Traditional Rental Income: $2114 Airbnb ROI: -0.62% Traditional ROI: 3.47%
370 W Joy St Lebanon, OR Accepted Offer with Contingencies. Beautifully maintained home with fantastic curb appeal!...	3 beds \| 2 baths \| 1,623 sq.ft.	$439,500	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.35% Airbnb Rental Income: $1113 Traditional Rental Income: $2264 Airbnb ROI: -0.36% Traditional ROI: 3.35%
493 Park St Lebanon, OR 3-bed, 1.5-bath home with great potential in Lebanon. Functional floor plan with good natu...	3 beds \| 2 baths \| 1,351 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%
240 S 7TH St Lebanon, OR Charming single-level home full of potential in a convenient central location near Samarit...	2 beds \| 1 baths \| 910 sq.ft.	$280,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 5.72% Airbnb Rental Income: $764 Traditional Rental Income: $2141 Airbnb ROI: -0.7% Traditional ROI: 5.72%
183 S WILLIAMS St Lebanon, OR Built in 2019, this 3-bedroom, 2-bathroom, 1,399 sqft home is bright and open with plenty ...	3 beds \| 2 baths \| 1,399 sq.ft.	$319,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 6.54% Airbnb Rental Income: $1113 Traditional Rental Income: $2715 Airbnb ROI: -0.05% Traditional ROI: 6.54%
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.	$299,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 5.33% Airbnb Rental Income: $764 Traditional Rental Income: $2132 Airbnb ROI: -0.63% Traditional ROI: 5.33%
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%
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%
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: -0.49% Traditional cash on cash: 4.02% Airbnb Rental Income: $1113 Traditional Rental Income: $3683 Airbnb ROI: -0.49% Traditional ROI: 4.02%
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: -0.59% Traditional cash on cash: 5.58% Airbnb Rental Income: $764 Traditional Rental Income: $2299 Airbnb ROI: -0.59% Traditional ROI: 5.58%
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%
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%
3355 Snow Peak Pl Lebanon, OR Well-maintained 3 bed, 2 bath home offering 1,512 sq ft on a huge fully fenced lot in a qu...	3 beds \| 2 baths \| 1,512 sq.ft.	$377,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.85% Airbnb Rental Income: $1113 Traditional Rental Income: $2043 Airbnb ROI: 0.17% Traditional ROI: 3.85%
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: $1113 Traditional Rental Income: $3777 Airbnb ROI: -1.55% Traditional ROI: 0.4%
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 Property offers stunning Cascade Mountain views w/9 fenced acres featuring pasture & timbe...	4 beds \| 3 baths \| 2,390 sq.ft.	$799,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 4.01% Airbnb Rental Income: $666 Traditional Rental Income: $4125 Airbnb ROI: -1.04% Traditional ROI: 4.01%
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%
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: -0.58% Traditional cash on cash: 5.75% Airbnb Rental Income: $764 Traditional Rental Income: $2323 Airbnb ROI: -0.58% 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.	$499,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.9% Airbnb Rental Income: $1113 Traditional Rental Income: $2558 Airbnb ROI: 0% Traditional ROI: 3.9%
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%
35247 Ede Rd Lebanon, OR Accepted Offer with Contingencies. Charming 3 bed, 2 bath home on 2.5 acres in a prime Lac...	3 beds \| 2 baths \| 1,600 sq.ft.	$499,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 5.13% Airbnb Rental Income: $1113 Traditional Rental Income: $3093 Airbnb ROI: 0.09% Traditional ROI: 5.13%
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%
29373 Santiam Terrace Rd Lebanon, OR Accepted Offer with Contingencies. Secluded, private, and quiet, this peaceful retreat off...	2 beds \| 2 baths \| 1,344 sq.ft.	$500,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.83% Airbnb Rental Income: $764 Traditional Rental Income: $2450 Airbnb ROI: -0.45% Traditional ROI: 3.83%
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.	$1,500,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.65% Airbnb Rental Income: $1113 Traditional Rental Income: $3743 Airbnb ROI: -1.5% Traditional ROI: 0.65%
42801 Island Inn Dr Lebanon, OR CRABTREE CREEK RETREAT! Set on 3.12 private acres with the full length of Creek frontage, ...	5 beds \| 3 baths \| 2,564 sq.ft.	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $4013 Airbnb ROI: N/A Traditional ROI: 3.2%
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%
30271 Horseshoe Lp Lebanon, OR Accepted Offer with Contingencies. 6.07 private acres with a stocked pond (bass & bluegill...	3 beds \| 2 baths \| 1,056 sq.ft.	$450,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.45% Airbnb Rental Income: $1113 Traditional Rental Income: $2612 Airbnb ROI: 0.01% Traditional ROI: 4.45%

Real Estate investment in Lebanon, OR

There are 56 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 $262. In April 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 56 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: -0.62%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $764

Traditional Rental Income: $2114

Airbnb ROI: -0.62%

Traditional ROI: 3.47%

370 W Joy St

Lebanon, OR

3 beds | 2 baths | 1,623 sq.ft.

$439,500

Airbnb cash on cash: -0.36%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1113

Traditional Rental Income: $2264

Airbnb ROI: -0.36%

Traditional ROI: 3.35%

493 Park St

Lebanon, OR

3 beds | 2 baths | 1,351 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%

240 S 7TH St

Lebanon, OR

2 beds | 1 baths | 910 sq.ft.

$280,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $764

Traditional Rental Income: $2141

Airbnb ROI: -0.7%

Traditional ROI: 5.72%

183 S WILLIAMS St

Lebanon, OR

3 beds | 2 baths | 1,399 sq.ft.

$319,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1113

Traditional Rental Income: $2715

Airbnb ROI: -0.05%

Traditional ROI: 6.54%

109 E ISABELLA St

Lebanon, OR

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

$299,900

Airbnb cash on cash: -0.63%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $764

Traditional Rental Income: $2132

Airbnb ROI: -0.63%

Traditional ROI: 5.33%

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%