3+ Bedroom Move-In Ready Homes for Sale in Lebanon, OR Under $425K

There are 8 single family homes for sale in Lebanon, OR, with 3 to 4 bedrooms, 2 bathrooms, and 1,190 to 1,608 square feet of living space. Displayed asking prices range from $334,900 to $399,900, and build years from 1920 to 2026. The largest, at 235 Cleveland Street, offers 3 bedrooms and 1,608 square feet for $397,000.

Lebanon sits where the Willamette Valley meets the foothills of the Cascades, with the Santiam River running close to town. Homes near downtown Lebanon sit on older tree-lined streets within walking distance of the shops and restaurants along Main Street. Mabel Addition and Parkview give buyers established neighborhoods close to the core, while newer construction in Hermans Farm adds homes on more recently built streets.

Highway 20 connects Lebanon to Albany in roughly 20 minutes, and Interstate 5 is a short drive west for commuters heading to Salem or Eugene. Corvallis is under an hour away, and the Oregon coast is a couple of hours west on a clear weekend. Lebanon Community Schools serve the city's families, and the Cascade foothills offer hiking, fishing and lake days within a short drive east.

8 homes · starting from

$334,900

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12 homes


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Good to know

Buying in Lebanon

The questions buyers ask us most about this collection.

How does living in Mabel Addition differ from living near downtown Lebanon?

Mabel Addition is known for quieter residential streets with a established neighborhood feel. Homes near downtown Lebanon are closer to the shops and restaurants along Main Street, so a buyer can walk to errands more easily. Choosing between the two comes down to whether you want a calm street or a short walk to the center of town.

How long is the commute from Lebanon to Albany, Salem or Eugene?

Albany is roughly 20 minutes away by Highway 20, which makes it a practical daily commute for many residents. Salem and Eugene are each about an hour's drive via Interstate 5, so regional commuters should test the route at rush hour before buying. Corvallis is also within reach for those who work at Oregon State University.

Are move-in ready homes in Lebanon a good choice for first-time buyers?

Lebanon is a practical market for first-time buyers who want three or more bedrooms without paying big-city prices. A home that is move-in ready still deserves a full inspection, especially for the roof, furnace, water heater and electrical panel. Ask the inspector to check the age of major systems so you know what maintenance to budget for in the first few years.

Which school district serves Lebanon, Oregon?

Most of Lebanon is served by the Lebanon Community School District. Buyers with school-age children should confirm the exact attendance boundary for any address they are considering, since boundaries can vary between neighborhoods. A district office or the school website can confirm assignments before you make an offer.

What should buyers check when considering an older home near downtown Lebanon?

Homes built in the early twentieth century often need updates to wiring, plumbing and sewer lines. Ask for a sewer scope and an inspection of the foundation and crawl space before committing. Many buyers in older neighborhoods also budget for updated insulation and window upgrades over time.

Why do buyers choose Lebanon over other Willamette Valley towns?

Lebanon offers a small-city feel with easy access to the Cascade foothills, the Santiam River and the wider valley. Buyers often choose it for its mix of established neighborhoods and newer construction at the edge of town. Its position on Highway 20 keeps Albany and the rest of the valley within a short drive.