Lebanon, KY
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    Lebanon, KY Residential Income Properties for Sale

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    Springfield, KY Bradfordsville, KY Loretto, KY
    Mixed-Use Commercial Property with Apartment
    $329,900
    3,600 SF
    Mixed-Use Commercial Property with Apartment

    325 W Main Street, Lebanon, KY 40033

    Downtown visibility, an adaptable main space, and a configured drive-through plus a private one-bedroom apartment create flexible revenue options.
    • 3,600 sq. ft. downtown Lebanon mixed‑use property with about 3,000 sq. ft. adaptable commercial space and an additional 600 sq. ft. apartment
    • Commercial portion includes a reception area, kitchen area, and two fully finished bathrooms with an open layout
    • Front of the property is configured for drive‑through capability for customer‑focused businesses
    • Additional 600 sq. ft. 1‑bedroom, 1‑bath apartment with a fully finished kitchen and private rear exterior entrance
    • 0.27‑acre lot with abundant rear parking plus garage/storage space
    Updated: May 20
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    Income-Producing Commercial Property in Lebanon
    $700,000
    11,500 SF
    Income-Producing Commercial Property in Lebanon

    65 Old Springfield Road, Lebanon, KY 40033

    Versatile commercial property with restaurant space, flea market, and Airbnb.
    • Income‑producing property with three distinct sections.
    • Front section ideal for restaurant, event venue, or retail with highway visibility.
    • Operating flea market in the middle section generates steady income.
    • Charming Airbnb rental in the rear section provides passive income.
    • Prime location in Lebanon, KY.
    Updated: Nov 10, 2025
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    Mixed-Use Building in Downtown Lebanon
    $899,000
    16,500 SF
    Mixed-Use Building in Downtown Lebanon

    Two-story mixed-use building with restaurant and apartments in downtown Lebanon.

    202 W Main Street, Lebanon, KY 40033

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    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.

    Harrodsburg Multifamily Investment Opportunity
    $1,925,000
    23,000 SF
    Harrodsburg Multifamily Investment Opportunity

    Portfolio of 7 well-maintained brick duplexes, 14 units total.

    702-728 Parkway Avenue, Harrodsburg, KY 40330

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    Harrodsburg Former Schoolhouse Renovation Project
    $562,500
    6,933 SF
    Harrodsburg Former Schoolhouse Renovation Project

    Former schoolhouse on 5.6 acres undergoing apartment renovation.

    4314 Mackville Road, Harrodsburg, KY 40330

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    Brand-New Bi-Level Triplex
    $450,000
    0.38 Acres
    Brand-New Bi-Level Triplex

    New bi-level triplex with three 2-bedroom units, open layouts, in-unit laundry, and private back decks.

    108 McNary Street, Campbellsville, KY 42718

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    New Construction Triplex in Campbellsville
    $450,000
    3,072 SF
    New Construction Triplex in Campbellsville

    New bi-level triplex in downtown Campbellsville, ideal for investors.

    108 McNary Street, Campbellsville, KY 42718

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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
    $80,000
    1.33 Acres
    Residential Land in Highland Park

    1.33 acre residential land suitable for building townhomes.

    Lots 27 & 28 Highland Park, Lebanon, KY 40033

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    Kentucky Land with Hunting Potential
    $1,359,999
    214.67 Acres
    Kentucky Land with Hunting Potential

    214+ acres of secluded Kentucky land with diverse features.

    Tick Creek Rd, Springfield, KY 40069

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    Campbellsville Vacant Corner Building Lot
    $90,000
    1.40 Acres
    Campbellsville Vacant Corner Building Lot

    Vacant corner lot in city limits, ideal for development.

    809 N. Central Ave., Campbellsville, KY 42718

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    Development Land Parcel
    $650,950
    9.63 Acres
    Development Land Parcel

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

    New Columbia Road, Campbellsville, KY 42718

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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
    Value Estimation by Request

    Lebanon, KY 40033

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    99 Acr Tatum Acre, Unit 5
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.99 Acres
    Value Estimation by Request
    Unit 5

    99 Acr Tatum Acre, Lebanon, KY 40033

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    Lebanon, KY Residential Income Properties Investment Opportunities Market Analysis

    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 31,600 square feet of properties for sale, with an estimated market value of $1,928,900.

    Sale prices for residential income properties in Lebanon, KY start at $329,900, averaging $642,966, 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
    Short term rental properties 2
    Apartment buildings 1

    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 $799.5K

    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

    Retail

    Residential Income

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