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
795 Holly Ln Lebanon, OR Accepted Offer with Contingencies. Spacious 4 bed, 2 bath home on a large 0.63-acre lot! E...	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%
270 Hobbs St Lebanon, OR Accepted Offer with Contingencies. RATE BUY DOWN! $5,000 SELLER CREDIT TOWARD RATE BUY DOW...	3 beds \| 2 baths \| 1,096 sq.ft.	$349,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 4.34% Airbnb Rental Income: $1105 Traditional Rental Income: $2117 Airbnb ROI: 0.13% Traditional ROI: 4.34%
36280 Airport Dr Lebanon, OR Just Listed! This 39-acre Farm! 35 acres Water Rights! 2 high-producing Wells. Underground...	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%
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.	$340,000	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%
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%
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%
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%
2432 ROBBINS Way Lebanon, OR Excellent Value in a Selective Market!!This fully updated 3-bedroom, 2-bath home checks al...	3 beds \| 3 baths \| 1,782 sq.ft.	$460,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.7% Airbnb Rental Income: $1105 Traditional Rental Income: $2544 Airbnb ROI: -0.51% Traditional ROI: 3.7%
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%
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%
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%
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 \| 3 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%
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.	$389,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.97% Airbnb Rental Income: $1105 Traditional Rental Income: $1407 Airbnb ROI: 0.12% Traditional ROI: 1.97%
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: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $3249 Airbnb ROI: N/A Traditional ROI: 3.48%
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%
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%
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: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $4125 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 4.17%
39844 McDowell Creek Dr 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.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $4788 Airbnb ROI: N/A Traditional ROI: 2.86%
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.	$775,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.93% Airbnb Rental Income: $828 Traditional Rental Income: $2634 Airbnb ROI: -1.02% Traditional ROI: 1.93%
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%
41294 KEEL MOUNTAIN N Dr Lebanon, OR Versatile 15-acre property in a peaceful rural setting, offering space, privacy, and endle...	3 beds \| 2 baths \| 1,088 sq.ft.	$444,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 5.57% Airbnb Rental Income: $1105 Traditional Rental Income: $3023 Airbnb ROI: 0.06% Traditional ROI: 5.57%
2799 S 12th St Lebanon, OR Welcome to this beautifully updated 4 bed, 2 bath home in a desirable neighborhood just st...	4 beds \| 2 baths \| 1,527 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $3047 Airbnb ROI: N/A Traditional ROI: 5.69%
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%
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%
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%
975 W E (-985) St Lebanon, OR West side duplex location. Convenient access to hwy 34 and I-5. Two bedroom One bath with ...	2 beds \| 2 baths \| 1,638 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2517 Airbnb ROI: N/A Traditional ROI: 4.77%
3200 Oak Terrace (#41) Rd Lebanon, OR Welcome to this spacious 4 bedroom, 2 full bath home! New LVP flooring and paint in living...	4 beds \| 2 baths \| 1,620 sq.ft.	$273,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.15% Airbnb Rental Income: $null Traditional Rental Income: $2968 Airbnb ROI: N/A Traditional ROI: 9.15%
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%
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.	$319,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.66% Airbnb Rental Income: $828 Traditional Rental Income: $2323 Airbnb ROI: -0.41% Traditional ROI: 5.66%
750 E Oak St Lebanon, OR Dual-Living Possibilities in Beautiful Lebanon, Oregon! Updated, Bright, light, this versa...	4 beds \| 2 baths \| 1,084 sq.ft.	$425,000	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%
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.	$499,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.88% Airbnb Rental Income: $1105 Traditional Rental Income: $2558 Airbnb ROI: -0.03% Traditional ROI: 3.88%
40189 Mount Hope Dr Lebanon, OR Spacious 4,036 sq ft home on 5 acres with dual living potential! Features 2 primary suites...	5 beds \| 4 baths \| 4,036 sq.ft.	$859,900	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%
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%
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%
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 \| 3 baths \| 1,425 sq.ft.	$370,000	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%
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.	$685,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.53% Airbnb Rental Income: $1105 Traditional Rental Income: $2618 Airbnb ROI: -0.42% Traditional ROI: 2.53%
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.	$389,000	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%
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%

Real Estate investment in Lebanon, OR

There are 52 properties for sale in the city of Lebanon . The median list price in Lebanon is $436,950 and the average price per square foot is $233. In January 2026, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $2,905.

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

There are 52 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

795 Holly Ln

Lebanon, OR

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%

270 Hobbs St

Lebanon, OR

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

$349,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1105

Traditional Rental Income: $2117

Airbnb ROI: 0.13%

Traditional ROI: 4.34%

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%

160 Tangent St

Lebanon, OR

3 beds | 1 baths | 1,547 sq.ft.

$340,000

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%

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%

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%

38785 Mountain Home Dr

Lebanon, OR

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%

2432 ROBBINS Way

Lebanon, OR

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

$460,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1105

Traditional Rental Income: $2544

Airbnb ROI: -0.51%