Real Estate Investment Properties for Sale in Lebanon, PA

Looking for investment property in Lebanon, PA with high ROI ?

Explore a variety of short-term homes & houses in Lebanon, PA. Invest wisely with VRBO & Lebanon, PA 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, PA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
115 ALLWEIN DRIVE LEBANON, PA *TO BE BUILT* Jamestown Model- 2 bedrooms, 2 bathrooms, 2 car garage. We have several ...	2 beds \| 2 baths \| 1,375 sq.ft.	$309,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.21% Airbnb Rental Income: $2242 Traditional Rental Income: $2159 Airbnb ROI: 1.56% Traditional ROI: 3.21%
1849 MARTIN DRIVE LEBANON, PA Check out this charming, brick cape cod in the around the corner from Lions Lake! This hom...	4 beds \| 2 baths \| 1,388 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $2410 Airbnb ROI: N/A Traditional ROI: 6.9%
223 S 17TH STREET LEBANON, PA OFFER DEADLINE Monday 12/9, 4pm. Welcome to this beautifully updated townhome, nestled in ...	3 beds \| 2 baths \| 1,250 sq.ft.	$190,000	Airbnb cash on cash: 9.69% Traditional cash on cash: 7.63% Airbnb Rental Income: $2858 Traditional Rental Income: $1821 Airbnb ROI: 9.69% Traditional ROI: 7.63%
439 WALNUT STREET LEBANON, PA Spacious 4-Bedroom Home Near Wellspan Hospital â Move-In Ready! This beautifully updated...	4 beds \| 2 baths \| 1,441 sq.ft.	$169,995	Airbnb cash on cash: N/A Traditional cash on cash: 10.18% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 10.18%
29 WOODLAND ESTATE LEBANON, PA Discover the ease of single-story living in this beautifully maintained townhome, located ...	2 beds \| 2 baths \| 1,275 sq.ft.	$220,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 4.22% Airbnb Rental Income: $2242 Traditional Rental Income: $1845 Airbnb ROI: 3.43% Traditional ROI: 4.22%
411 ORCHID CIRCLE LEBANON, PA Welcome to this delightful 3-bedroom, 2-bathroom ranch-style home, offering comfortable on...	3 beds \| 2 baths \| 2,176 sq.ft.	$437,500	Airbnb cash on cash: 2.62% Traditional cash on cash: 3.3% Airbnb Rental Income: $2858 Traditional Rental Income: $2471 Airbnb ROI: 2.62% Traditional ROI: 3.3%
2005 GRACE AVENUE LEBANON, PA Welcome to 2005 Grace Avenue. This home was completely renovated in 2022 including new win...	2 beds \| 1 baths \| 810 sq.ft.	$168,000	Airbnb cash on cash: 8.24% Traditional cash on cash: 7.55% Airbnb Rental Income: $2242 Traditional Rental Income: $1569 Airbnb ROI: 8.24% Traditional ROI: 7.55%
00 JASMINE DR LEBANON, PA This home is TO BE BUILT. Enjoy one level living with our Willow II, Ranch style floor pla...	3 beds \| 3 baths \| 1,831 sq.ft.	$448,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.38% Airbnb Rental Income: $2858 Traditional Rental Income: $2632 Airbnb ROI: 2.34% Traditional ROI: 3.38%
00 LAVENDER LANE LEBANON, PA Enjoy one level living with our Elm ranch floor plan. This home is to BE BUILT. Currently ...	2 beds \| 2 baths \| 1,279 sq.ft.	$405,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.12% Airbnb Rental Income: $2242 Traditional Rental Income: $2293 Airbnb ROI: 1.5% Traditional ROI: 3.12%
917 MAPLE LANE LEBANON, PA Single family detached home, very desirable development, Cornwall Lebanon School District,...	3 beds \| 2 baths \| 1,093 sq.ft.	$300,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 3.46% Airbnb Rental Income: $2858 Traditional Rental Income: $1710 Airbnb ROI: 5.17% Traditional ROI: 3.46%
164 N 9TH STREET LEBANON, PA COMING SOON Excellent investment opportunity featuring numerous rental income possibilit...	N/A beds \| N/A baths \| 3,339 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $1310 Airbnb ROI: N/A Traditional ROI: 4.8%
107 E BROOKFIELD DRIVE LEBANON, PA Discover this beautiful split-level home that blends classic charm with modern upgrades. ...	4 beds \| 2 baths \| 1,324 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $2118 Airbnb ROI: N/A Traditional ROI: 3.95%
00 GARDENIA LANE LEBANON, PA This home is to be built on any of our lots! This is our Laurel floor plan and offers 3 sp...	3 beds \| 3 baths \| 1,634 sq.ft.	$419,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.67% Airbnb Rental Income: $2858 Traditional Rental Income: $2587 Airbnb ROI: 2.67% Traditional ROI: 3.67%
01 GARDENIA LANE LEBANON, PA Welcome to Meadow Lane Farms! This home is TO BE BUILT and can be built on any of our lots...	3 beds \| 3 baths \| 1,813 sq.ft.	$402,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 4.08% Airbnb Rental Income: $2858 Traditional Rental Income: $2643 Airbnb ROI: 2.89% Traditional ROI: 4.08%
02 GARDENIA LANE LEBANON, PA Welcome to Meadow Lane Farms! THIS HOME IS TO BE BUILT. The Aspen model is a two story hom...	4 beds \| 4 baths \| 2,252 sq.ft.	$463,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $3304 Airbnb ROI: N/A Traditional ROI: 4.74%
01 LAVENDER LANE LEBANON, PA Enjoy one level living with our Elm ranch floor plan. This home is to BE BUILT. This perf...	2 beds \| 2 baths \| 1,279 sq.ft.	$365,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 4.01% Airbnb Rental Income: $2242 Traditional Rental Income: $2391 Airbnb ROI: 1.94% Traditional ROI: 4.01%
1550 WOODLAND STREET LEBANON, PA Grab one of the last 3 remaining lots in this neighborhood before they're gone. Walkable t...	3 beds \| 2 baths \| 1,162 sq.ft.	$354,900	Airbnb cash on cash: 4.85% Traditional cash on cash: 5.07% Airbnb Rental Income: $2858 Traditional Rental Income: $2264 Airbnb ROI: 4.85% Traditional ROI: 5.07%
1018 VILLA DRIVE LEBANON, PA Incredible new price! Schedule your private showing today and enjoy all the amenities of a...	2 beds \| 3 baths \| 2,358 sq.ft.	$325,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 6.66% Airbnb Rental Income: $2242 Traditional Rental Income: $2955 Airbnb ROI: 2.49% Traditional ROI: 6.66%
1085 ALDEN WAY LEBANON, PA Welcome home to this almost new property in the 55+ Alden place community in Lebanon. This...	3 beds \| 3 baths \| 2,142 sq.ft.	$349,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 5.72% Airbnb Rental Income: $2858 Traditional Rental Income: $2824 Airbnb ROI: 3.79% Traditional ROI: 5.72%
1022 RIVERSTONE CIRCLE LEBANON, PA Welcome to your new home in a fabulous 55+ community called Alden Place . This move-in re...	3 beds \| 2 baths \| 1,927 sq.ft.	$375,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.09% Airbnb Rental Income: $2858 Traditional Rental Income: $2505 Airbnb ROI: 3.21% Traditional ROI: 4.09%
937 SYCAMORE LANE LEBANON, PA ATTENTION VETERANS & ACTIVE DUTY, SUNRISE MEADOWS, a good-natured place to live. This 4-b...	4 beds \| 2 baths \| 1,246 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $2455 Airbnb ROI: N/A Traditional ROI: 5.32%
1045 ALDEN WAY LEBANON, PA Do not miss your opportunity to own this property In Hometown Alden Place with all the am...	2 beds \| 2 baths \| 1,528 sq.ft.	$310,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.61% Airbnb Rental Income: $2242 Traditional Rental Income: $2479 Airbnb ROI: 2.87% Traditional ROI: 5.61%
1398 RIDGE ROAD LEBANON, PA Welcome to 1398 Ridge Road!! This beautiful ranch-style home offers 4 bedrooms and 1.5 bat...	4 beds \| 2 baths \| 1,040 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $1912 Airbnb ROI: N/A Traditional ROI: 5%
1035 ENGLISH DRIVE LEBANON, PA Discover uncompromised space and lifestyle in this versatile home, offering the pinnacle o...	3 beds \| 3 baths \| 2,460 sq.ft.	$365,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 5.16% Airbnb Rental Income: $2858 Traditional Rental Income: $2749 Airbnb ROI: 3.54% Traditional ROI: 5.16%
119 S 5TH AVENUE LEBANON, PA	4 beds \| 1 baths \| 1,200 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $1712 Airbnb ROI: N/A Traditional ROI: 5.92%
484 BOYD STREET LEBANON, PA Welcome to your own personal wooded retreat, a nature lover's dream! This stunning 12.5-ac...	4 beds \| 3 baths \| 5,244 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.27% Airbnb Rental Income: $null Traditional Rental Income: $3062 Airbnb ROI: N/A Traditional ROI: 0.27%
272 GARDENIA LANE #LOT 42 LEBANON, PA Welcome to Meadow Lane Farms! This home will be ready for new owners Dec 2024! The Willow...	3 beds \| 3 baths \| 1,951 sq.ft.	$431,420	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.83% Airbnb Rental Income: $2858 Traditional Rental Income: $2717 Airbnb ROI: 2.53% Traditional ROI: 3.83%
340 S 8TH STREET LEBANON, PA Location, Location, Location! Located on a corner lot, next to the County Municipal Buil...	4 beds \| 2 baths \| 2,843 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.28% Airbnb Rental Income: $null Traditional Rental Income: $2563 Airbnb ROI: N/A Traditional ROI: 7.28%
1936 S 5TH AVENUE LEBANON, PA <span style="color: red; font-weight: bold;">OPEN HOUSE Saturday, Dec 21 from 1p-3p - Show...	4 beds \| 3 baths \| 3,046 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.96% Airbnb Rental Income: $null Traditional Rental Income: $3263 Airbnb ROI: N/A Traditional ROI: 1.96%
1480 FONDERWHITE ROAD LEBANON, PA <span style="color: red; font-weight: bold;">Dream Shop and Dream Ranch embraced by preser...	4 beds \| 3 baths \| 3,497 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $3185 Airbnb ROI: N/A Traditional ROI: 2.09%
108 ALLWEIN DRIVE LEBANON, PA New Listing: Model Home in Heritage Run by Woodland Contractors Discover the latest model...	2 beds \| 2 baths \| 1,577 sq.ft.	$423,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 3.47% Airbnb Rental Income: $2242 Traditional Rental Income: $2491 Airbnb ROI: 1.43% Traditional ROI: 3.47%
1384 JESSICA DRIVE LEBANON, PA Cedar Crest School District!!!! Escape to tranquility in this beautifully crafted 3-bedro...	3 beds \| 2 baths \| 1,653 sq.ft.	$340,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 4.69% Airbnb Rental Income: $2858 Traditional Rental Income: $2410 Airbnb ROI: 4.01% Traditional ROI: 4.69%
1635 N 8TH AVENUE LEBANON, PA Welcome to this newly renovated 5-bedroom, 3-bathroom gem that seamlessly blends modern el...	5 beds \| 3 baths \| 1,908 sq.ft.	$389,900	Airbnb cash on cash: 8.27% Traditional cash on cash: 5.43% Airbnb Rental Income: $4965 Traditional Rental Income: $2913 Airbnb ROI: 8.27% Traditional ROI: 5.43%
405 N 9TH STREET LEBANON, PA Welcome to your dream home! This spacious 2,346 square foot house has been meticulously re...	4 beds \| 2 baths \| 2,346 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.63% Airbnb Rental Income: $null Traditional Rental Income: $2382 Airbnb ROI: N/A Traditional ROI: 10.63%
319 BOYD STREET LEBANON, PA Check out this historic home located in Cornwall, Pennsylvania. This home won't last long....	3 beds \| 1 baths \| 1,464 sq.ft.	$205,999	Airbnb cash on cash: 8.6% Traditional cash on cash: 5.6% Airbnb Rental Income: $2858 Traditional Rental Income: $1608 Airbnb ROI: 8.6% Traditional ROI: 5.6%
225 SPRINGWOOD DRIVE LEBANON, PA *Back on the market! Buyers circumstances changed and are no longer purchasing. * Her...	3 beds \| 3 baths \| 1,783 sq.ft.	$291,000	Airbnb cash on cash: 4.66% Traditional cash on cash: 6.51% Airbnb Rental Income: $2858 Traditional Rental Income: $2700 Airbnb ROI: 4.66% Traditional ROI: 6.51%
2303 QUARRY ROAD LEBANON, PA Welcome to a stunning custom to-be built home by Inch By Inch Construction, offering the p...	4 beds \| 3 baths \| 2,280 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 3.7%
2301 QUARRY ROAD LEBANON, PA Welcome to a stunning custom to-be built home by Inch By Inch Construction, offering the p...	4 beds \| 4 baths \| 2,490 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $3457 Airbnb ROI: N/A Traditional ROI: 4.49%
2115-2117 WATER STREET LEBANON, PA Attractive Duplex 2 Family Home. 2115-2117 Water Street, in the Village of Ebenezer, Nort...	N/A beds \| N/A baths \| 2,926 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $1723 Airbnb ROI: N/A Traditional ROI: 3.58%
978 HORSESHOE PIKE LEBANON, PA Come check out this property that has so much to offer. Location is convenient to all your...	4 beds \| 2 baths \| 1,906 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: 3.99%

Real Estate investment in Lebanon, PA

There are 78 properties for sale in the city of Lebanon . The median list price in Lebanon is $291,000 and the average price per square foot is $159. In December 2024, the average monthly cash on cash return in Lebanon is 6.00%. The average monthly rental income in Lebanon is $2,344.

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

There are 78 investment properties available for sale in Lebanon.

In 2024, 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 $2,344.

Your search for investment property begins and ends here

Investment Property for Sale in Lebanon, PA

115 ALLWEIN DRIVE

LEBANON, PA

2 beds | 2 baths | 1,375 sq.ft.

$309,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $2242

Traditional Rental Income: $2159

Airbnb ROI: 1.56%

Traditional ROI: 3.21%

1849 MARTIN DRIVE

LEBANON, PA

4 beds | 2 baths | 1,388 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2410

Airbnb ROI: N/A

Traditional ROI: 6.9%

223 S 17TH STREET

LEBANON, PA

3 beds | 2 baths | 1,250 sq.ft.

$190,000

Airbnb cash on cash: 9.69%

Traditional cash on cash: 7.63%

Airbnb Rental Income: $2858

Traditional Rental Income: $1821

Airbnb ROI: 9.69%

Traditional ROI: 7.63%

439 WALNUT STREET

LEBANON, PA

4 beds | 2 baths | 1,441 sq.ft.

$169,995

Airbnb cash on cash: N/A

Traditional cash on cash: 10.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 10.18%

29 WOODLAND ESTATE

LEBANON, PA

2 beds | 2 baths | 1,275 sq.ft.

$220,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $2242

Traditional Rental Income: $1845

Airbnb ROI: 3.43%

Traditional ROI: 4.22%

411 ORCHID CIRCLE

LEBANON, PA

3 beds | 2 baths | 2,176 sq.ft.

$437,500

Airbnb cash on cash: 2.62%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $2858

Traditional Rental Income: $2471

Airbnb ROI: 2.62%

Traditional ROI: 3.3%

2005 GRACE AVENUE

LEBANON, PA

2 beds | 1 baths | 810 sq.ft.

$168,000

Airbnb cash on cash: 8.24%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $2242

Traditional Rental Income: $1569

Airbnb ROI: 8.24%

Traditional ROI: 7.55%

00 JASMINE DR

LEBANON, PA

3 beds | 3 baths | 1,831 sq.ft.

$448,900

Airbnb cash on cash: 2.34%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $2858

Traditional Rental Income: $2632

Airbnb ROI: 2.34%