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Oregon>
Lebanon>
Multi-family Properties

Multi-Family Properties in Lebanon, OR

Multi-family homes and income properties for sale in Lebanon offer investors an opportunity to enter a stable and affordable housing market in a growing small city. Lebanon’s mix of residential neighborhoods and proximity to larger cities like Albany and Salem attracts families, professionals, and long-term renters seeking convenient access to employment and amenities. Available properties may include duplexes, triplexes, and small apartment buildings, often situated near schools, parks, and shopping centers. With relatively low property costs, steady rental demand, and potential for long-term appreciation, Lebanon provides a practical market for investors looking to generate consistent rental income in a welcoming, community-oriented Oregon town.

Are you looking for a multi-family home in Lebanon, OR? Contact Coldwell Banker Valley Brokers to find an income property today. We are here to help!

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Showing 1 to 12 of 14 properties

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845 W Oak (-847) St, Lebanon, OR 97355

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845 W Oak (-847) St, Lebanon, OR 97355 $615,000 Multi-family

Property Listed by: REAL BROKER 855-450-0442

6BEDS 5BATHS 3,100sqft

55 E Carolina (-56) St, Lebanon, OR 97355

1 of 49

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55 E Carolina (-56) St, Lebanon, OR 97355 $439,900 Multi-family

Property Listed by: KELLER WILLIAMS REALTY MID WILLAMETTE 541-738-7770

6BEDS 3BATHS 2,132sqft

52 & 54 Sand Ridge Ct, Lebanon, OR 97355

1 of 35

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52 & 54 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS

16 & 18 Sand Ridge Ct, Lebanon, OR 97355

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16 & 18 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS 3,685sqft

66 & 68 Sand Ridge Ct, Lebanon, OR 97355

1 of 35

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66 & 68 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS

38 & 40 Sand Ridge Ct, Lebanon, OR 97355

1 of 35

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38 & 40 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS

10 & 12 Sand Ridge Ct, Lebanon, OR 97355

1 of 35

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10 & 12 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS

24 & 26 Sand Ridge Ct, Lebanon, OR 97355

1 of 35

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24 & 26 Sand Ridge Ct, Lebanon, OR 97355 $869,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

7BEDS 5BATHS

66/68 Sand Ridge (6 Total Duplexes) Ct, Lebanon, OR 97392

1 of 35

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66/68 Sand Ridge (6 Total Duplexes) Ct, Lebanon, OR 97392 $5,184,000 Multi-family

Property Listed by: BERKSHIRE HATHAWAY HOMESERVICES R E PROF 503-371-3013

35BEDS 25BATHS

975 W E (-985) St, Lebanon, OR 97355

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975 W E (-985) St, Lebanon, OR 97355 $385,000 Multi-family

Property Listed by: KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM 541-451-2211

2BEDS 2BATHS 1,638sqft

760 S 2nd St, Lebanon, OR 97355

1 of 19

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760 S 2nd St, Lebanon, OR 97355 $548,000 Multi-family

Property Listed by: PREMIERE PROPERTY GROUP, LLC ALBANY 541-730-4830

8BEDS 5.5BATHS 3,666sqft

2634 S 7th St, Lebanon, OR 97355

1 of 23

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2634 S 7th St, Lebanon, OR 97355 $550,000 Multi-family

Property Listed by: KELLER WILLIAMS REALTY-GHT 541-971-6356

6BEDS 3BATHS 3,096sqft

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1109 NW 9th Street, Corvallis, OR 97330 Albany 541.928.6317 Corvallis 541.757.0222 coldwellbanker@valleybrokers.com

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 3:21:13 AM EST) or Willamette Valley MLS (last updated Tue 03/03/2026 11:51:00 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Valley Brokers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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