Lebanon Homes under $150,000

Welcome to Lebanon, a charming city nestled in the heart of the beautiful state of Pennsylvania. Known for its rich history, friendly community, and picturesque landscapes, Lebanon offers a unique blend of small-town charm and modern amenities. With its convenient location, just a short drive from larger cities like Harrisburg and Reading, residents enjoy the tranquility of suburban life while still having easy access to urban attractions.

Lebanon is renowned for its vibrant local culture, including a variety of shops, restaurants, and parks that cater to all ages. The city’s historic downtown area is a delightful place to explore, featuring a mix of quaint boutiques, delightful eateries, and community events that foster a strong sense of belonging. Outdoor enthusiasts will appreciate the nearby Lebanon Valley Rail Trail, perfect for walking, biking, and enjoying the scenic beauty of the area.

For those seeking affordable housing options, Lebanon presents an incredible opportunity with homes priced under $150,000. This market offers a diverse selection of properties, from charming single-family homes to cozy townhouses, making it an ideal choice for first-time buyers, families, and investors alike. Many of these homes boast character and potential, allowing you to create your dream space without breaking the bank.

In Lebanon, you’ll find not just a house, but a place to call home. With its welcoming atmosphere, affordable living, and a wealth of community resources, Lebanon is the perfect destination for anyone looking to settle down in a vibrant and supportive environment. Come discover the possibilities that await you in this delightful city!

Newest Lebanon Homes under $150,000

$134,900

2 Beds ⋅ 1 Baths ⋅ 26062999 MLS

Property Description Welcome to 867 W Park Manor Blvd in Lebanon, Missouri! This inviting 2-bedroom, 1-bath home offers comfortable living in a convenient location. The practical layout provides a cozy space to call home, while the detached garage offers valuable additional parking and storage. Conveniently located near local shopping, dining, schools, parks, and everyday amenities, this property combines the appeal of a residential setting with easy access to everything Lebanon has to offer. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, 867 W Park Manor Blvd is ready for its next owner to make it their own!

867 W Park Manor Blvd, Lebanon

Courtesy of Eagle Realty Group & Associates 573-336-0003

$94,900

2 Beds ⋅ 2 Baths ⋅ 26061497 MLS

This two bedroom, one and half bathroom home is priced to sell and ready for its new owner! This home had a new roof and gutters installed in 2025, has a fully fenced back yard, two covered back decks for entertaining, a new furnace less than five years ago, and a detached garage for additional storage. Whether you are an investor ready to add to your rental portfolio, looking for your first flip project, or a first time home buyer looking to add your personal touches to a home-this is for you! Schedule your tour today!

445 Laclede St, Lebanon

Courtesy of Century 21 Laclede Realty 417-588-1200

$60,000

2 Beds ⋅ 2 Baths ⋅ 26060559 MLS

Unique investment opportunity with multiple possibilities. 466 Lincoln includes two separate structures on a good-sized city lot in Lebanon. The main home offers a 2-bedroom, 1-bath layout, while the second structure provides additional space that could potentially be renovated for separate living quarters or reworked into a detached garage, shop or storage space. The property does need renovation, but some significant exterior improvements are already in place, including newer metal roofs, vinyl siding and windows. Additional outbuildings provide even more storage and flexibility. With multiple structures and several possible uses, this is a property that gives the next owner options depending on their plans. Whether you're looking for an investment project, additional living space, or room for a shop and storage, there is plenty here to work with. Property is being sold in its current condition. Buyer to verify all measurements, condition, zoning, permitting and intended uses.

466 Lincoln St, Lebanon

Courtesy of HomeSmart Legacy 913-274-1041

$119,900

2 Beds ⋅ 1 Baths ⋅ 26060529 MLS

Move-in ready and completely remodeled, this charming home offers a fresh, clean look with efficiency and low-maintenance living in mind. From the updated exterior and newer finishes to the refreshed interior, this home has been thoughtfully renovated throughout. Inside, you’ll find attractive flooring, neutral colors, updated fixtures, a functional kitchen with plenty of cabinetry, and appliances already in place. The efficient floor plan makes excellent use of the space while keeping the home comfortable and easy to maintain. Outside, the updated siding, roof, covered front porch, and manageable yard add to the appeal. Whether you’re looking for an affordable first home, wanting to downsize, or searching for an investment property, this completely remodeled home is ready for its new owner. Just move in and enjoy!

343 Hilton St, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$74,900

5 Beds ⋅ 2 Baths ⋅ 26059374 MLS

Welcome to a slice of Lebanon history with personality to spare! If you’ve been dreaming of a project with serious heart, incredible bones, and room to spread out right in town, this 2-story classic is ready for its next chapter. Offering 5 bedrooms, 2 full bathrooms, and roughly 1,700 square feet of character-filled living space, this historic gem gives you the rare chance to create something truly special. From the moment you pull up, you’ll fall in love with the timeless curb appeal and architectural charm that you just can't buy in modern builds. Inside, you’ll find a generous layout with room for the whole crew. The main floor has space for bright, cozy gathering areas, while the five bedrooms offer endless flexibility—whether you need a dedicated home office, hobby room, nursery, or extra space for guests. Yes, she needs a top-to-bottom renovation, but for the visionary buyer, contractor, or savvy investor, the potential here is off the charts! Now let’s talk about the yard—because this is where things get really fun! Sitting on almost a full acre right in the heart of Lebanon, you get the convenience of in-town living paired with the open space usually reserved for country properties. Out back, you'll discover a super cool vintage barn that’s ready for your workshop ideas, extra storage, lawn equipment, or ultimate backyard hangout spot. Imagine summer BBQs, a huge garden, or just sitting back and enjoying the mature trees and open green space. Priced under $75,000, opportunities like this don't hang around long. Bring your contractor, your design ideas, and your favorite Pinterest boards—come take a look today and see all the incredible possibilities waiting for you!

428 S Washington Ave, Lebanon

Courtesy of Worth Clark Realty 314-222-0065

$129,900

3 Beds ⋅ 2 Baths ⋅ 26057044 MLS

Welcome to this single-story home offering affordable, easy-living potential in Northeast Laclede County! Featuring durable vinyl siding and a traditional footprint, this home is situated in a quiet neighborhood within the highly sought-after Lebanon R-III School District. Inside, enjoy a dedicated fireplace in the dining area—perfect for gathering around during cooler months. The property features a manageable back yard space ideal for pets or outdoor relaxation. Complete with central air conditioning, propane heat, connected electricity, public water, and a septic system.

20430 Granger Ln, Lebanon

Courtesy of Dolan, Realtors 636-583-5900

$125,000

2 Beds ⋅ 1 Baths ⋅ 26057107 MLS

Recently renovated and move-in ready! This 2-bedroom, 1-bath home sits on a 1 acre lot with tons of privacy, no restrictions, and offers a fresh, updated interior with plenty of space to enjoy. Step inside to an open living and kitchen area featuring new flooring, fresh paint, updated countertops, refreshed cabinetry, and nice appliances. The large kitchen offers an abundance of counter space and flows into the spacious living area, with plenty of windows bringing in natural light. The bathroom features a tub/shower combination, while both bedrooms provide comfortable living space. Outside, one of the highlights is the very large, recently built large front deck—perfect for outdoor seating, entertaining, grilling, or simply relaxing and enjoying the property. Located in the Joel E. Barber School District, this updated home offers affordable country living with the work already done for you!

17224 Hwy 32, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$59,900

2 Beds ⋅ 1 Baths ⋅ 26055497 MLS

Investment opportunity on almost one acre in Lebanon. This home has a lot of potential for someone to create their ideal living space! Someone started the remodel and everything has been stripped down, ready for new construction. The floorplan is open with a kitchen, living room, family room or main floor bedroom and one full bath. The upstairs is wide open and did have two large bedrooms. That space is currently open to your designs. The roof has been repaired, no leaks. The AC and furnace are intact, but haven't been tested. There is also a basement with laundry hook ups. Seller financing options availble for qualifed buyers.

215 N Herman St, Lebanon

Courtesy of Midwest Farm & Land Co. LLC 618-322-1675

$149,500

3 Beds ⋅ 2 Baths ⋅ 26055035 MLS

Spacious is an understatement with this one! Sitting on nearly 2 acres, this 3-bedroom, 2-bath double-wide offers over 2,300 square feet and a layout filled with oversized rooms, tall ceilings, and plenty of character. The kitchen immediately stands out with walls of rich wood cabinetry, generous counter space, and a large center island, creating a warm and substantial space at the heart of the home. Multiple living areas provide plenty of room to spread out, while the sunroom adds another inviting space surrounded by windows and natural light. The primary suite is generously sized with a private bath, and the additional bedrooms offer great space as well. Outside, the property continues to deliver with an above-ground pool, plenty of open yard, and an attached 2-car garage with electricity. The home is in need of some repairs/updating, but its size, layout, and features offer an incredible starting point for someone ready to bring it back to life and make it their own.

29053 Highway Aa, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$149,900

2 Beds ⋅ 1 Baths ⋅ 26054459 MLS

What a STUNNER! Recently (2025) COMPLETELY remodeled down to the studs, this cozy lil charmer has got THE GOODS! Stainless steel appliances, full open floor plan, vinyl plank flooring, centrally located bathroom, subway tile throughout- spacious kitchen with stainless farm sink, ample mud room off the back of the kitchen leading to the back door and a wide, full concrete stairwell leading to a well lit, spacious unfinished basement compliments the space above and gives you TONS of room for laundry and storage. There’s an extra large two car garage AND additional storage shed so ample storage space inside AND out with this home option- Plus a double sized corner lot with private back yard perfect for grilling…. This is SOOO much more than a GREAT start, This place is already one of those places you wanna check in and never leave. SOOO close to the downtown business district, you’ll have food truck AND farmers market options within smelling distance (two blocks away). You’ll be centrally located to the grocery stores (seven blocks) post office (four blocks) and multiple convenience stores, city parks and more. A quick commute to the Lake of the Ozarks OR Fort Leonard Wood, this place is truly a great location in town! A large driveway and cozy, elevated front porch overlooking the freshly paved blacktop of North street completes this handsome lil home package, sellers are even throwing in the washer and dryer so schedule your showing as soon as possible before the new wears off ;)

310 North St, Lebanon

Courtesy of Ozark Empire Realty 417-312-9378

$110,000

3 Beds ⋅ 2 Baths ⋅ 26052216 MLS

Bring your vision to life on nearly 2.5 acres with a property full of possibilities! The standout feature is the impressive 1,500 sq. ft. red iron shop complete with three garage doors and plenty of room for hot rods, project cars, a mechanic setup, equipment, storage, or the ultimate hobby space. Whether you’re a car enthusiast, mechanic, hobbyist, or simply need a serious garage, this shop offers the space and flexibility to make it your own. Also situated on the property is a mobile home ready for renovation- not livable currently. With some work and creativity, it could be transformed into a rental property, or an adorable home paired with an incredible garage setup. The approximately 2.5 acres are to be surveyed, offering plenty of room to spread out and create a property that fits your needs. A great opportunity for someone looking for land, a substantial shop, and a fixer-upper with potential! Home is outside city limits . Old house / shed on land - needs torn down. a Well was used for the home, but will need work as well, Property is being sold As is- cash or conventional loans on this one due to condition of the mobile home.

1600 Brice St, Lebanon

Courtesy of RE/MAX Next Generation 417-991-3333

$129,900

3 Beds ⋅ 1 Baths ⋅ 26050811 MLS

Bring your vision to this 3 bedroom, potentially 4 bedroom, 1 bath home situated on a large corner lot with plenty of room and possibilities. Whether you’re looking to add to your rental portfolio, flip, or take on a project, this property is ready for its next chapter. A metal roof is already in place, providing a valuable head start for your renovation plans. With a little vision and some TLC, this property could be transformed into a great income producing rental or a desirable resale. So many opportunities, one property! If you’re an investor looking for your next project, don’t overlook this one. Bring your contractor, bring your ideas, and unlock the potential this property has to offer!

280 Walser St, Lebanon

Courtesy of Realty Executives of Lebanon 417-588-7000

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Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being 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 herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community