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    Lebanon, KY
    Residential Income

    Lebanon, KY Residential Income Properties for Sale

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    Mixed-Use Income Property with Rentals
    Updated: Nov 10, 2025
    Mixed-Use Income Property with Rentals

    65 Old Springfield Road, Lebanon, KY 40033

    $700,000
    11,500 sqft 1.09 AC lot
    Income‑producing property with three distinct sections: front, middle flea market, and rear Airbnb rental
    Front section suited for restaurant, event venue, or retail; new flooring added
    Middle section is currently operating as a flea market generating steady income
    Rear section includes an Airbnb rental for additional guest accommodations
    Potential to bring in over $10,000 of rental income
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    Mixed-Use Building in Downtown Lebanon
    Updated: Mar 18, 2025
    Mixed-Use Building in Downtown Lebanon

    202 W Main Street, Lebanon, KY 40033

    $899,000
    16,500 sqft 0.24 AC lot
    Mixed‑use building featuring a fully equipped 9000 sq ft restaurant space with a commercial kitchen, bar, and banquet room.
    Seven apartments on the second story, ideal for rentals.
    Prime downtown location on Main Street Corner with 225 feet of street frontage.
    Restaurant includes server stations, projectors, sound system, and walk‑in freezers/coolers.
    Banquet room has its own bathrooms.
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    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    202 W Main Street, Lebanon, KY 40033

    Contact for pricing
    16,500 sqft

    Two-story mixed-use property with a full restaurant level and 7 apartments above, plus substantial street frontage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovating Multifamily Former School
    Renovating Multifamily Former School

    4314 Mackville Road, Harrodsburg, KY 40330

    $562,500
    6,933 sqft 5.60 AC lot

    Former school property is roughed-in for multiple apartment units and includes two additional outbuildings on 5.6 acres.

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    All-Brick Duplex with Attached Garage
    All-Brick Duplex with Attached Garage

    106 Bluegrass Drive, Hodgenville, KY 42748

    $199,900
    1,202 sqft 0.12 AC lot

    Well-maintained all-brick duplex with two bedrooms, two full baths, and an attached garage with concrete driveway and covered porch.

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    Renovating Apartment Building
    Renovating Apartment Building

    4314 Mackville Rd, Harrodsburg, KY 40330

    $562,500
    6,933 sqft 5.60 AC lot

    Former school building is roughed in for apartment units with planned bath/kitchen areas, plus two additional outbuildings.

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    SINGLE_FAMILY - Hodgenville, KY
    SINGLE_FAMILY - Hodgenville, KY

    104 Bluegrass Drive, Hodgenville, KY 42748

    $199,900
    1,202 sqft 0.12 AC lot

    Duplexes · 1,202 SF

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Highland Park
    Residential Land in Highland Park

    Highland Park lot: 27 & 28, Lebanon, KY 40033

    $80,000
    1.33 AC lot

    1.33 acre residential land suitable for building townhomes.

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    Hunting and Residential Land Tract
    Hunting and Residential Land Tract

    Tick Creek Rd, Springfield, KY 40069

    $1,359,999
    214.67 AC lot

    A 214+ acre Washington County property with wooded areas, cleared ridges, multiple ponds, and a creek running through.

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    Development Land Parcel
    Development Land Parcel

    New Columbia Road, Campbellsville, KY 42718

    $650,950
    9.63 AC lot

    Versatile development land with highway exposure and no zoning restrictions for commercial or residential use.

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    44-Acre Taylor County Hunting Land
    44-Acre Taylor County Hunting Land

    863 Fuller Harding Road lot: Parcel P, Campbellsville, KY 42718

    $202,000
    44.77 AC lot

    44-acre wooded property near Campbellsville, Kentucky, ideal for hunting.

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    Off-Market Properties in Lebanon, KY

    Consider similar Off-Market properties in Lebanon, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Lebanon, KY 40033
    MOBILE HOME PARK, TRAILER PARK

    Lebanon, KY 40033

    Value Estimation by Request
    View details
    99 Acr Tatum Acre, Unit 5
    MOBILE HOME PARK, TRAILER PARK

    99 Acr Tatum Acre, Lebanon, KY 40033

    Unit 5
    Value Estimation by Request
    5.99 AC lot
    View details

    Lebanon, KY Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Lebanon, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 44,500 square feet of properties for sale, with an estimated market value of $1,599,000.

    Sale prices for residential income properties in Lebanon, KY start at $700,000, averaging $799,500, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Apartment buildings 2
    Short term rental properties 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -8.5%
    Median Household Income $49,642
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40033 $643K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $11.11 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

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