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
330 W C St Lebanon, OR Accepted Offer with Contingencies. Experience ultimate comfort and space in this 5-bedroom...	5 beds \| 1 baths \| 2,109 sq.ft.	$384,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2842 Airbnb ROI: N/A Traditional ROI: 5.64%
34573 MERIDIAN RD Lebanon, OR Beautiful home on a private setting! Large home on 9+ flat acres with a 25X36 shop! Great ...	4 beds \| 3 baths \| 3,496 sq.ft.	$815,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $4263 Airbnb ROI: N/A Traditional ROI: 3.96%
36622 Highway 34 Lebanon, OR Spacious 4-bed, 2.5-bath home on 7 acres, perfect for horse lovers and hobby farmers. Feat...	4 beds \| 3 baths \| 1,893 sq.ft.	$679,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $3688 Airbnb ROI: N/A Traditional ROI: 4.2%
37221 Meredith Dr Lebanon, OR Discover your dream home with this fantastic 4-bedroom, 2-bath residence nestled on a gene...	4 beds \| 2 baths \| 2,026 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $3425 Airbnb ROI: N/A Traditional ROI: 5.58%
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.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $3542 Airbnb ROI: N/A Traditional ROI: 8.04%
325 Violet St Lebanon, OR Accepted Offer with Contingencies. Well kept 3 bedroom, 2 full bath, single-level home wit...	3 beds \| 2 baths \| 1,242 sq.ft.	$334,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 6.75% Airbnb Rental Income: $2653 Traditional Rental Income: $2860 Airbnb ROI: 4.09% Traditional ROI: 6.75%
160 W OLIVE ST Lebanon, OR Looking for a charming, move-in-ready home? This lovely single-level cottage could be the ...	2 beds \| 2 baths \| 1,096 sq.ft.	$314,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 7.79% Airbnb Rental Income: $1896 Traditional Rental Income: $2892 Airbnb ROI: 2.72% Traditional ROI: 7.79%
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.	$1,574,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $3948 Airbnb ROI: N/A Traditional ROI: 1.2%
990 Robbins Wy Lebanon, OR 2 beautifully landscaped tax lots providing opportunity to build a shop or second home, ma...	4 beds \| 3 baths \| 2,200 sq.ft.	$555,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $3476 Airbnb ROI: N/A Traditional ROI: 4.38%
1610 Hiatt St Lebanon, OR Charming home full of updates! Newer roof, exterior paint, AC, gas furnace, gutters & kitc...	3 beds \| 1 baths \| 1,065 sq.ft.	$345,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 6.35% Airbnb Rental Income: $2653 Traditional Rental Income: $2708 Airbnb ROI: 4.23% Traditional ROI: 6.35%
2714 Birch St Lebanon, OR Explore this charming 3-bed 2-bath home! Featuring a bright and airy living space, modern ...	3 beds \| 2 baths \| 1,248 sq.ft.	$339,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 7.71% Airbnb Rental Income: $2653 Traditional Rental Income: $3105 Airbnb ROI: 4.31% Traditional ROI: 7.71%
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.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $3042 Airbnb ROI: N/A Traditional ROI: 3.79%
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: 3.88% Traditional cash on cash: 5.08% Airbnb Rental Income: $2653 Traditional Rental Income: $2444 Airbnb ROI: 3.88% Traditional ROI: 5.08%
33997 Totem Pole Rd Lebanon, OR Welcome to a very spacious, beautiful home with shop and fantastic views. This property h...	3 beds \| 2 baths \| 3,240 sq.ft.	$880,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 2.36% Airbnb Rental Income: $2653 Traditional Rental Income: $3173 Airbnb ROI: 0.95% Traditional ROI: 2.36%
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.	$748,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $3249 Airbnb ROI: N/A Traditional ROI: 2.56%
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.	$1,599,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.05% Airbnb Rental Income: $2653 Traditional Rental Income: $3823 Airbnb ROI: -0.16% Traditional ROI: 1.05%
176 W Grant St Lebanon, OR A Bumpable Offer has Been Accepted. BUMPABLE BUYER!!!!!! $15,000 CLOSING COST CREDIT with ...	4 beds \| 2 baths \| 1,365 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 6.22%
29850 Santiam Terrace Rd Lebanon, OR Discover comfort and convenience in this charming 3-bed, 2-bath mini farm, nestled on a ge...	3 beds \| 2 baths \| 1,344 sq.ft.	$525,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.23% Airbnb Rental Income: $2653 Traditional Rental Income: $2987 Airbnb ROI: 2.27% Traditional ROI: 4.23%
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: -0.72% Traditional cash on cash: 0.4% Airbnb Rental Income: $2653 Traditional Rental Income: $3777 Airbnb ROI: -0.72% Traditional ROI: 0.4%
31527 STOLTZ HILL RD Lebanon, OR This expansive 70-acre farm/ranch offers tremendous potential, located adjacent to the cit...	1 beds \| 2 baths \| 1,920 sq.ft.	$1,290,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.27% Airbnb Rental Income: $1025 Traditional Rental Income: $3225 Airbnb ROI: -0.87% Traditional ROI: 1.27%
41896 Cut Off Dr Lebanon, OR Enjoy 5.81 fenced Acres, Barn & 30x30 Shop w/separate power. Perfect for Horses. You'll l...	3 beds \| 2 baths \| 1,972 sq.ft.	$949,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.66% Airbnb Rental Income: $2653 Traditional Rental Income: $3438 Airbnb ROI: 1.06% Traditional ROI: 2.66%
41768 Upper Berlin Dr Lebanon, OR Accepted Offer with Contingencies. Located in the scenic Cascade Mountain foothills, this ...	3 beds \| 1 baths \| 1,384 sq.ft.	$699,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.6% Airbnb Rental Income: $2653 Traditional Rental Income: $2678 Airbnb ROI: 1.59% Traditional ROI: 2.6%
39740- (39714 ) Lacomb Dr Lebanon, OR Accepted Offer with Contingencies. Discover tranquility on this 6.29 acre secluded retreat...	3 beds \| 2 baths \| 1,680 sq.ft.	$650,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.77% Airbnb Rental Income: $2653 Traditional Rental Income: $3240 Airbnb ROI: 1.77% Traditional ROI: 3.77%
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.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $3726 Airbnb ROI: N/A Traditional ROI: 2.91%
3045 Galena Lp Lebanon, OR Charming 3-bed, 2-bath manufactured home in Lebanon! This single-level, low-maintenance ho...	3 beds \| 2 baths \| 1,200 sq.ft.	$249,000	Airbnb cash on cash: 6.28% Traditional cash on cash: 9.97% Airbnb Rental Income: $2653 Traditional Rental Income: $2890 Airbnb ROI: 6.28% Traditional ROI: 9.97%
3084 S 8th St Lebanon, OR Accepted Offer with Contingencies. Discover comfort in this charming 2-bedroom, 2-bath man...	2 beds \| 2 baths \| 1,176 sq.ft.	$250,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 9.06% Airbnb Rental Income: $1896 Traditional Rental Income: $2687 Airbnb ROI: 3.57% Traditional ROI: 9.06%
41671 Clark Smith Dr Lebanon, OR Welcome to this delightful 3-bed, 2-bath manufactured home in Lebanon! This spacious prope...	3 beds \| 2 baths \| 2,500 sq.ft.	$625,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.38% Airbnb Rental Income: $2653 Traditional Rental Income: $3795 Airbnb ROI: 1.34% Traditional ROI: 4.38%
2020 Omire Ln Lebanon, OR This property features an oversized lot with a huge fenced yard, perfect for outdoor enjoy...	4 beds \| 3 baths \| 2,000 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $3488 Airbnb ROI: N/A Traditional ROI: 6.7%
39982 Griggs Dr Lebanon, OR Accepted Offer with Contingencies. Check out this stunning 2018 manufactured home featurin...	3 beds \| 2 baths \| 1,512 sq.ft.	$599,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 3.89% Airbnb Rental Income: $2653 Traditional Rental Income: $3058 Airbnb ROI: 2.04% Traditional ROI: 3.89%
351 W Grant St Lebanon, OR This charming home sits on a spacious lot, perfect for outdoor living and gardening with c...	3 beds \| 2 baths \| 1,294 sq.ft.	$325,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 7.71% Airbnb Rental Income: $2653 Traditional Rental Income: $2985 Airbnb ROI: 4.55% Traditional ROI: 7.71%
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.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $4125 Airbnb ROI: N/A Traditional ROI: 3.22%
242 S Williams St Lebanon, OR Charming 1 bed, 1 bath home on a spacious, potentially dividable lot (buyer to verify). Th...	1 beds \| 1 baths \| 572 sq.ft.	$260,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5% Airbnb Rental Income: $1025 Traditional Rental Income: $1715 Airbnb ROI: 0.73% Traditional ROI: 5%
2402 Kokanee Wy Lebanon, OR Accepted Offer with Contingencies. Welcome to this beautifully maintained 1,692 sqft singl...	4 beds \| 2 baths \| 1,692 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $3223 Airbnb ROI: N/A Traditional ROI: 5.56%
3320 SNOW PEAK PL Lebanon, OR Text Lisa Lang to schedule an appt to show	2 beds \| 2 baths \| 1,188 sq.ft.	$279,900	Airbnb cash on cash: 3.13% Traditional cash on cash: 6.69% Airbnb Rental Income: $1896 Traditional Rental Income: $2330 Airbnb ROI: 3.13% Traditional ROI: 6.69%
2381 Mountain River Dr Lebanon, OR A Bumpable Offer has Been Accepted. Beautiful, SPACIOUS home offers a perfect blend of com...	3 beds \| 3 baths \| 2,925 sq.ft.	$559,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.7% Airbnb Rental Income: $2653 Traditional Rental Income: $4206 Airbnb ROI: 1.52% Traditional ROI: 5.7%
923 W D St Lebanon, OR Accepted Offer with Contingencies. Discover this gem nestled in a peaceful and sought-afte...	3 beds \| 2 baths \| 1,100 sq.ft.	$299,900	Airbnb cash on cash: 4.62% Traditional cash on cash: 7.66% Airbnb Rental Income: $2653 Traditional Rental Income: $2879 Airbnb ROI: 4.62% Traditional ROI: 7.66%
1989 S 12TH ST Lebanon, OR This stunning 3-bedroom, 2.5-bath two-story home features new flooring on the main level a...	3 beds \| 3 baths \| 1,878 sq.ft.	$500,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.53% Airbnb Rental Income: $2653 Traditional Rental Income: $3173 Airbnb ROI: 2.07% Traditional ROI: 4.53%
36999 Victory Dr Lebanon, OR Experience luxury living in this custom-built 3-bed, 2-bath home on 2.89 acres. Spanning 2...	3 beds \| 2 baths \| 2,387 sq.ft.	$744,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.68% Airbnb Rental Income: $2653 Traditional Rental Income: $3866 Airbnb ROI: 1.03% Traditional ROI: 3.68%
310 S Grove St Lebanon, OR Accepted Offer with Contingencies. Charming 1930s 3-bedroom, 1-bath home on a spacious .24...	3 beds \| 1 baths \| 1,310 sq.ft.	$329,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 6.17% Airbnb Rental Income: $2653 Traditional Rental Income: $2567 Airbnb ROI: 4.41% Traditional ROI: 6.17%
372 6th St Lebanon, OR Charming 3-bedroom, 1-bath home with beautiful wood floors and updated cabinets. Efficient...	3 beds \| 1 baths \| 1,222 sq.ft.	$315,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 6.8% Airbnb Rental Income: $2653 Traditional Rental Income: $2632 Airbnb ROI: 4.75% Traditional ROI: 6.8%

Real Estate investment in Lebanon, OR

There are 44 properties for sale in the city of Lebanon . The median list price in Lebanon is $404,450 and the average price per square foot is $231. In January 2025, the average monthly cash on cash return in Lebanon is 5.00%. The average monthly rental income in Lebanon is $3,055.

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

There are 44 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 $3,055.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, OR

330 W C St

Lebanon, OR

5 beds | 1 baths | 2,109 sq.ft.

$384,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.64%

Airbnb Rental Income: $null

Traditional Rental Income: $2842

Airbnb ROI: N/A

Traditional ROI: 5.64%

34573 MERIDIAN RD

Lebanon, OR

4 beds | 3 baths | 3,496 sq.ft.

$815,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.96%

Airbnb Rental Income: $null

Traditional Rental Income: $4263

Airbnb ROI: N/A

Traditional ROI: 3.96%

36622 Highway 34

Lebanon, OR

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

$679,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3688

Airbnb ROI: N/A

Traditional ROI: 4.2%

37221 Meredith Dr

Lebanon, OR

4 beds | 2 baths | 2,026 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3425

Airbnb ROI: N/A

Traditional ROI: 5.58%

260 CROWFOOT RD

Lebanon, OR

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

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3542

Airbnb ROI: N/A

Traditional ROI: 8.04%

325 Violet St

Lebanon, OR

3 beds | 2 baths | 1,242 sq.ft.

$334,900

Airbnb cash on cash: 4.09%

Traditional cash on cash: 6.75%

Airbnb Rental Income: $2653

Traditional Rental Income: $2860

Airbnb ROI: 4.09%

Traditional ROI: 6.75%

160 W OLIVE ST

Lebanon, OR

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

$314,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 7.79%

Airbnb Rental Income: $1896

Traditional Rental Income: $2892

Airbnb ROI: 2.72%

Traditional ROI: 7.79%

39889 McDowell Creek Dr

Lebanon, OR

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

$1,574,999

Airbnb cash on cash: N/A

Traditional cash on cash: 1.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3948

Airbnb ROI: N/A