Short Term Rental

Lebanon, KY Short Term Rental 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 With Restaurant
Updated: Mar 18, 2025
Mixed-Use Building With Restaurant

202 W Main Street, Lebanon, KY 40033

$899,000
16,500 sqft 0.24 AC lot
16,500‑square‑foot mixed‑use building on a 0.24‑acre site
Restaurant area measures 9,000 square feet
Seven apartments: six on the second floor and one in the rear
Commercial kitchen, bar, server stations, projectors, and sound system
Walk‑in freezers and coolers, plus banquet room with dedicated bathrooms
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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

202 W Main Street, Lebanon, KY 40033

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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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lebanon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Duplex With Porch and Two Updated Units
Duplex With Porch and Two Updated Units

4109 S 3rd St, Louisville, KY 40214

$245,000
2,380 sqft 0.15 AC lot

Duplex with a porch and two updated units, each with 2 bedrooms and 1 bathroom, plus gas HVAC and central air.

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Historic Three-Story Mixed-Use Property
Historic Three-Story Mixed-Use Property

303 W Main Street, Danville, KY 40422

$865,000
5,700 sqft 0.13 AC lot

Three-story building with a first-floor restaurant, banquet room and office, and a refurbished apartment on the third floor.

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Danville Historic Mixed-Use Property
Danville Historic Mixed-Use Property

303 W Main St, Danville, KY 40422

$865,000
5,700 sqft

Three-story commercial property with restaurant, banquet room, and apartment.

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Duplex with Rear Parking Pad
Duplex with Rear Parking Pad

2312 Dundee Rd, Louisville, KY 40205

$360,000

Two self-contained units offer in-unit laundry and private outdoor areas.

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Lebanon, KY Short Term Rental Properties Market Trends and Statistics

Explore 3 short term rental 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 short term rental 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

Short term rental properties 3
Apartment buildings 2
Mobile home & RV parks 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 $700K

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)

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