Real Estate Investment Properties for Sale in Galax, VA

Looking for investment property in Galax, VA with high ROI ?

Explore a variety of short-term homes & houses in Galax, VA. Invest wisely with VRBO & Galax, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Galax, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
102 Carriage Drive Galax, VA Beautiful, quality-built 3-bedroom, 2-bath brick home with an open floor plan in a nice de...	3 beds \| 2 baths \| 1,926 sq.ft.	$379,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.64% Airbnb Rental Income: $1508 Traditional Rental Income: $2729 Airbnb ROI: 0.98% Traditional ROI: 5.64%
127 Forest Ln Galax, VA What a great home in a well established neighborhood. Fairview community, within close pro...	3 beds \| 1 baths \| 1,102 sq.ft.	$231,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.72% Airbnb Rental Income: $1508 Traditional Rental Income: $1843 Airbnb ROI: 3.19% Traditional ROI: 6.72%
93 Spring St. Galax, VA Remodeled one level living home with 3 bedroom and full bathroom! Home features large livi...	3 beds \| 1 baths \| 1,486 sq.ft.	$189,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 9.82% Airbnb Rental Income: $1508 Traditional Rental Income: $2139 Airbnb ROI: 3.88% Traditional ROI: 9.82%
139 Pine Mountain Dr Galax, VA Absolutely stunning one of a kind custom built home in carroll county with breathtaking vi...	3 beds \| 4 baths \| 3,937 sq.ft.	$619,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.16% Airbnb Rental Income: $1508 Traditional Rental Income: $3221 Airbnb ROI: 0.43% Traditional ROI: 4.16%
144 Shadetree Ln Galax, VA Enjoy one level living in this move-in ready newly updated 4 bedroom 1-1/2 bath brick home...	4 beds \| 2 baths \| 1,512 sq.ft.	$229,900	Airbnb cash on cash: 7.92% Traditional cash on cash: 9.59% Airbnb Rental Income: $2751 Traditional Rental Income: $2466 Airbnb ROI: 7.92% Traditional ROI: 9.59%
98 Foggy Top Lane Galax, VA Beautiful brick home on a secluded level lot in the Fairview community. The very desirable...	3 beds \| 3 baths \| 1,830 sq.ft.	$299,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 7.54% Airbnb Rental Income: $1508 Traditional Rental Income: $2573 Airbnb ROI: 2.21% Traditional ROI: 7.54%
108 Ernie Pyle Street Galax, VA This house is a beautifully updated quad-level home with 1,788 square feet of heated/coole...	3 beds \| 2 baths \| 1,788 sq.ft.	$329,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.61% Airbnb Rental Income: $1508 Traditional Rental Income: $2499 Airbnb ROI: 1.98% Traditional ROI: 6.61%
339 Fox Run Dr Galax, VA Welcome to this stunning custom-built brick home located in the desirable Fox Run neighbor...	3 beds \| 3 baths \| 1,950 sq.ft.	$389,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.66% Airbnb Rental Income: $1508 Traditional Rental Income: $2693 Airbnb ROI: 1.2% Traditional ROI: 5.66%
828 Fries Road Galax, VA DON'T MISS THIS NEARLY NEW, MAIN-LEVEL LIVING HOME! A RARE FIND! This 3-bedroom, 2-bath ge...	3 beds \| 2 baths \| 1,388 sq.ft.	$285,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 6.13% Airbnb Rental Income: $1508 Traditional Rental Income: $2236 Airbnb ROI: 1.78% Traditional ROI: 6.13%
607 Macarthur Street Galax, VA This Cape Cod home, located in the downtown area of the City of Galax, includes 3 bedrooms...	3 beds \| 2 baths \| 2,286 sq.ft.	$179,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 8.47% Airbnb Rental Income: $1508 Traditional Rental Income: $1777 Airbnb ROI: 4.31% Traditional ROI: 8.47%
7911 Carrollton Pike Galax, VA Location, Location, Location. This brick ranch, 3 bedroom 2 bathroom home is just minutes ...	3 beds \| 2 baths \| 1,956 sq.ft.	$190,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 12% Airbnb Rental Income: $1508 Traditional Rental Income: $2519 Airbnb ROI: 3.96% Traditional ROI: 12%
211 Prospect Ave Galax, VA Top to Bottom renovated home in a desirable neighborhood in Galax boasts four bedrooms and...	4 beds \| 3 baths \| 2,310 sq.ft.	$279,000	Airbnb cash on cash: 6.24% Traditional cash on cash: 9.16% Airbnb Rental Income: $2751 Traditional Rental Income: $2871 Airbnb ROI: 6.24% Traditional ROI: 9.16%
68 Edmonds Rd. Galax, VA Seller is motivated! Welcome to your dream home just outside of Galax, Va! This recently r...	4 beds \| 5 baths \| 3,250 sq.ft.	$399,900	Airbnb cash on cash: 4.23% Traditional cash on cash: 8.82% Airbnb Rental Income: $2751 Traditional Rental Income: $3827 Airbnb ROI: 4.23% Traditional ROI: 8.82%
Tbd Heritage Ln Galax, VA Welcome to your future dream home on Heritage Ln in Galax. Priced at $399,900 this stunnin...	5 beds \| 3 baths \| 2,912 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2946 Airbnb ROI: N/A Traditional ROI: 5.99%
539 Crestview Rd Galax, VA Gorgeous 2020 Mountain Home with Panoramic Views in Grayson County! You'll enjoy the breat...	2 beds \| 2 baths \| 1,080 sq.ft.	$324,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.93% Airbnb Rental Income: $1549 Traditional Rental Income: $1958 Airbnb ROI: 2.13% Traditional ROI: 4.93%
395 Kenbrook Drive Galax, VA Motivated seller!!Back on Market at no fault to seller. Great Ranch home located in the Ga...	3 beds \| 2 baths \| 1,054 sq.ft.	$182,500	Airbnb cash on cash: 4.05% Traditional cash on cash: 9.14% Airbnb Rental Income: $1508 Traditional Rental Income: $1952 Airbnb ROI: 4.05% Traditional ROI: 9.14%
1804 Grinders Mill Rd Galax, VA Four bedroom two bath ranch style home is situated on 33 Acres. Partially finished basem...	4 beds \| 3 baths \| 1,125 sq.ft.	$300,000	Airbnb cash on cash: 5.69% Traditional cash on cash: 5.76% Airbnb Rental Income: $2751 Traditional Rental Income: $2123 Airbnb ROI: 5.69% Traditional ROI: 5.76%
107 Birchwood Lane Galax, VA Welcome to your dream home in the picturesque Fairview area of Grayson County! This charmi...	3 beds \| 2 baths \| 1,383 sq.ft.	$289,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 6.66% Airbnb Rental Income: $1508 Traditional Rental Income: $2266 Airbnb ROI: 2.27% Traditional ROI: 6.66%
828 Fries Galax, VA DON'T MISS THIS NEARLY NEW, MAIN-LEVEL LIVING HOME! A RARE FIND! This 3-bedroom, 2-bath ge...	3 beds \| 2 baths \| 1,388 sq.ft.	$285,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 6.24% Airbnb Rental Income: $1508 Traditional Rental Income: $2265 Airbnb ROI: 1.78% Traditional ROI: 6.24%
3066 Creekview Dr Galax, VA Discover the perfect blend of country living and convenience with this charming 11.31 acre...	3 beds \| 3 baths \| 1,528 sq.ft.	$399,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.04% Airbnb Rental Income: $1508 Traditional Rental Income: $2438 Airbnb ROI: 1.38% Traditional ROI: 5.04%
3132 Pipers Gap Rd. Galax, VA Nestled in the mountains of Southwest Virginia, this enchanting 2-bedroom, 1.5-bath cottag...	2 beds \| 2 baths \| 980 sq.ft.	$199,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 8.49% Airbnb Rental Income: $1549 Traditional Rental Income: $1941 Airbnb ROI: 4.07% Traditional ROI: 8.49%
707 Cranberry Road Galax, VA Four bedroom two bathroom brick ranch in a great location just outside the City Limits of ...	4 beds \| 2 baths \| 2,500 sq.ft.	$229,900	Airbnb cash on cash: 7.92% Traditional cash on cash: 10.39% Airbnb Rental Income: $2751 Traditional Rental Income: $2641 Airbnb ROI: 7.92% Traditional ROI: 10.39%
40 Coleman Ln. Galax, VA Nestled high in the Blue Ridge Mountains, this enchanting farmhouse cottage offers the per...	4 beds \| 2 baths \| 1,566 sq.ft.	$289,900	Airbnb cash on cash: 6.22% Traditional cash on cash: 7.8% Airbnb Rental Income: $2751 Traditional Rental Income: $2534 Airbnb ROI: 6.22% Traditional ROI: 7.8%
155 Stonebrook Dr Galax, VA This 4 bed, 3 bath home is nestled in a prime location within a desirable neighborhood! Fe...	4 beds \| 3 baths \| 2,760 sq.ft.	$389,900	Airbnb cash on cash: 4.17% Traditional cash on cash: 6.56% Airbnb Rental Income: $2751 Traditional Rental Income: $2978 Airbnb ROI: 4.17% Traditional ROI: 6.56%
273 Split Oak Ln Galax, VA Convenient but private in Galax! New Heat pump with central A/C, newer roof, beautiful har...	3 beds \| 1 baths \| 1,390 sq.ft.	$199,500	Airbnb cash on cash: 3.46% Traditional cash on cash: 8.15% Airbnb Rental Income: $1508 Traditional Rental Income: $1955 Airbnb ROI: 3.46% Traditional ROI: 8.15%
116 Boyer Rd Galax, VA Don't miss out on this amazing opportunity to own a freshly remodeled home in the heart of...	3 beds \| 2 baths \| 1,344 sq.ft.	$220,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 8.89% Airbnb Rental Income: $1508 Traditional Rental Income: $2204 Airbnb ROI: 3.43% Traditional ROI: 8.89%
4968 Glendale Rd Galax, VA This centrally located 3 bed, 2 bath home was listed for $189900 just a few months ago, bu...	3 beds \| 2 baths \| 1,088 sq.ft.	$177,900	Airbnb cash on cash: 4.45% Traditional cash on cash: 9.85% Airbnb Rental Income: $1508 Traditional Rental Income: $1983 Airbnb ROI: 4.45% Traditional ROI: 9.85%
107 Parkwood Galax, VA Beautiful, and spacious remodeled home in the heart of Galax. Large open concept rooms. ...	3 beds \| 2 baths \| 1,786 sq.ft.	$299,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 7.05% Airbnb Rental Income: $1508 Traditional Rental Income: $2468 Airbnb ROI: 2.08% Traditional ROI: 7.05%
330 Parkwood Drive Galax, VA No need to lift a finger on this completely remodeled, move in ready home! One level livin...	2 beds \| 1 baths \| 816 sq.ft.	$184,900	Airbnb cash on cash: 4.48% Traditional cash on cash: 8.19% Airbnb Rental Income: $1549 Traditional Rental Income: $1754 Airbnb ROI: 4.48% Traditional ROI: 8.19%
90 Happy Hollow Rd Galax, VA Charming One-Owner Home in a Serene Setting Welcome to this meticulously maintained o...	3 beds \| 1 baths \| 1,036 sq.ft.	$179,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 8.88% Airbnb Rental Income: $1508 Traditional Rental Income: $1831 Airbnb ROI: 4.42% Traditional ROI: 8.88%
429 Stonebrook Drive Galax, VA Located in welcoming neighborhood, this spacious home is wonderful for families of all siz...	4 beds \| 3 baths \| 2,649 sq.ft.	$432,900	Airbnb cash on cash: 3.63% Traditional cash on cash: 6.41% Airbnb Rental Income: $2751 Traditional Rental Income: $3229 Airbnb ROI: 3.63% Traditional ROI: 6.41%
1174 DOVEL HOLLOW RD Galax, VA Become the owner of this modern, just finished, custom-built home located in the Blue Ridg...	4 beds \| 3 baths \| 4,678 sq.ft.	$799,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 2.89% Airbnb Rental Income: $2751 Traditional Rental Income: $3287 Airbnb ROI: 1.3% Traditional ROI: 2.89%
1122 Fishers Gap Galax, VA MUST SEE 7.5 acre property with a 3 bedroom/2 bath home, 27' X 55' Pole Barn, 40' X 50' in...	3 beds \| 2 baths \| 1,733 sq.ft.	$563,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.16% Airbnb Rental Income: $1508 Traditional Rental Income: $2395 Airbnb ROI: 0.64% Traditional ROI: 3.16%
4 #s Thomason Ln. Galax, VA Multiple Unit Investment Property! 3 Mobile Homes, 1 Brick Cottage, 1 Vacant Cabin, and sp...	2 beds \| 2 baths \| 1,102 sq.ft.	$179,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 9.36% Airbnb Rental Income: $1549 Traditional Rental Income: $1977 Airbnb ROI: 4.25% Traditional ROI: 9.36%

Real Estate investment in Galax, VA

There are 34 properties for sale in the city of Galax . The median list price in Galax is $231,900 and the average price per square foot is $132. In December 2024, the average monthly cash on cash return in Galax is 8.00%. The average monthly rental income in Galax is $2,280.

Galax, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 34 investment properties available for sale in Galax.

In 2024, the best neighborhood to buy investment property is Galax.

The ROI for Long-Term is higher than the Short-Term in Galax with average rental income of $2,280.

Your search for investment property begins and ends here

Investment Property for Sale in Galax, VA

102 Carriage Drive

Galax, VA

3 beds | 2 baths | 1,926 sq.ft.

$379,900

Airbnb cash on cash: 0.98%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1508

Traditional Rental Income: $2729

Airbnb ROI: 0.98%

Traditional ROI: 5.64%

127 Forest Ln

Galax, VA

3 beds | 1 baths | 1,102 sq.ft.

$231,900

Airbnb cash on cash: 3.19%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $1508

Traditional Rental Income: $1843

Airbnb ROI: 3.19%

Traditional ROI: 6.72%

93 Spring St.

Galax, VA

3 beds | 1 baths | 1,486 sq.ft.

$189,900

Airbnb cash on cash: 3.88%

Traditional cash on cash: 9.82%

Airbnb Rental Income: $1508

Traditional Rental Income: $2139

Airbnb ROI: 3.88%

Traditional ROI: 9.82%

139 Pine Mountain Dr

Galax, VA

3 beds | 4 baths | 3,937 sq.ft.

$619,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1508

Traditional Rental Income: $3221

Airbnb ROI: 0.43%

Traditional ROI: 4.16%

144 Shadetree Ln

Galax, VA

4 beds | 2 baths | 1,512 sq.ft.

$229,900

Airbnb cash on cash: 7.92%

Traditional cash on cash: 9.59%

Airbnb Rental Income: $2751

Traditional Rental Income: $2466

Airbnb ROI: 7.92%

Traditional ROI: 9.59%

98 Foggy Top Lane

Galax, VA

3 beds | 3 baths | 1,830 sq.ft.

$299,900

Airbnb cash on cash: 2.21%

Traditional cash on cash: 7.54%

Airbnb Rental Income: $1508

Traditional Rental Income: $2573

Airbnb ROI: 2.21%

Traditional ROI: 7.54%

108 Ernie Pyle Street

Galax, VA

3 beds | 2 baths | 1,788 sq.ft.

$329,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1508

Traditional Rental Income: $2499

Airbnb ROI: 1.98%

Traditional ROI: 6.61%

339 Fox Run Dr

Galax, VA

3 beds | 3 baths | 1,950 sq.ft.

$389,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1508

Traditional Rental Income: $2693

Airbnb ROI: 1.2%