Real Estate Investment Properties for Sale in Lexington, VA

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

Explore a variety of short-term homes & houses in Lexington, VA. Invest wisely with VRBO & Lexington, 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 Lexington, VA

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
321 S Main St Lexington, VA Step into timeless elegance with the beautifully restored J.T. McCrum House, one of Lexing...	3 beds \| 3 baths \| 3,222 sq.ft.	$1,195,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.1% Airbnb Rental Income: $1903 Traditional Rental Income: $2908 Airbnb ROI: -0.26% Traditional ROI: 1.1%
9 Hamilton Dr Lexington, VA Located on a cul-de-sac and offering magnificent panoramic mountain views, this custom-bui...	3 beds \| 5 baths \| 3,782 sq.ft.	$674,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.47% Airbnb Rental Income: $1903 Traditional Rental Income: $4486 Airbnb ROI: 0.57% Traditional ROI: 5.47%
203 Johnstone St Lexington, VA Architecturally stunning brick residence set on an expansive 0.78-acre lot in the sought-a...	4 beds \| 3 baths \| 3,449 sq.ft.	$439,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.04% Airbnb Rental Income: $2323 Traditional Rental Income: $3395 Airbnb ROI: 2.03% Traditional ROI: 6.04%
150 FOREST HILL VIEW Lexington, VA A RARE FIND IN CLOSE PROXIMITY TO LEXINGTON: 5 minutes from downtown! Executive home on 2 ...	3 beds \| 4 baths \| 4,451 sq.ft.	$809,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.34% Airbnb Rental Income: $1903 Traditional Rental Income: $4521 Airbnb ROI: 0.2% Traditional ROI: 4.34%
711 Stono Ln Lexington, VA Historic Beechenbrook Chapel, winner of the Founder's Award from the Historic Lexington Fo...	1 beds \| 1 baths \| 1,420 sq.ft.	$795,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.6% Airbnb Rental Income: $1432 Traditional Rental Income: $1880 Airbnb ROI: -0.58% Traditional ROI: 0.6%
43 Chamberlain Lp Lexington, VA Built in 2021 and meticulously maintained, this Weatherburn home offers a clean, modern la...	3 beds \| 4 baths \| 1,797 sq.ft.	$439,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.57% Airbnb Rental Income: $1903 Traditional Rental Income: $2669 Airbnb ROI: 1.48% Traditional ROI: 4.57%
90 Woodridge Ln Lexington, VA Beautiful, well-maintained home in the desirable Woodridge neighborhood provides a wonderf...	3 beds \| 4 baths \| 1,898 sq.ft.	$489,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.04% Airbnb Rental Income: $1903 Traditional Rental Income: $2188 Airbnb ROI: 1.31% Traditional ROI: 3.04%
111 S Jefferson St Lexington, VA Well-appointed historic residence (c. 1820) centrally located in downtown Lexington offers...	4 beds \| 6 baths \| 3,302 sq.ft.	$989,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.56% Airbnb Rental Income: $2323 Traditional Rental Income: $4736 Airbnb ROI: 0.31% Traditional ROI: 3.56%
13 Country Club Rd Lexington, VA Charming three-bedroom, 1.5-bath home in the City of Lexington featuring a cozy living roo...	3 beds \| 3 baths \| 1,239 sq.ft.	$349,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 1.62% Airbnb Rental Income: $1903 Traditional Rental Income: $1157 Airbnb ROI: 2.36% Traditional ROI: 1.62%
1464 Blue Grass Trl Lexington, VA Own a piece of local history!! Built in the late 1800's, the North Buffalo General Store e...	3 beds \| 2 baths \| 2,880 sq.ft.	$525,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.72% Airbnb Rental Income: $1903 Traditional Rental Income: $2520 Airbnb ROI: 1.44% Traditional ROI: 3.72%
13 Hunter Hill Extension Rd Lexington, VA Beautifully maintained and full of charm, this inviting four-bedroom, two-bath home offers...	4 beds \| 2 baths \| 1,577 sq.ft.	$459,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 4.57% Airbnb Rental Income: $2323 Traditional Rental Income: $2635 Airbnb ROI: 2.5% Traditional ROI: 4.57%
521 S Main St Lexington, VA Walk to historic, downtown Lexington from your 2-story Craftsman Foursquare home (1927) on...	3 beds \| 4 baths \| 1,908 sq.ft.	$489,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.28% Airbnb Rental Income: $1903 Traditional Rental Income: $2767 Airbnb ROI: 1.29% Traditional ROI: 4.28%
405 EVANS Dr Lexington, VA Charming 3-bedroom, 2.5-bath home featuring a spacious open-concept layout, two-story cove...	3 beds \| 4 baths \| 1,574 sq.ft.	$425,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.22% Airbnb Rental Income: $1903 Traditional Rental Income: $2351 Airbnb ROI: 1.82% Traditional ROI: 4.22%
612 & 610 Stonewall St Lexington, VA Overlooking a gentle stream, this contemporary chalet was designed by and was the home of ...	3 beds \| 3 baths \| 1,656 sq.ft.	$729,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.3% Airbnb Rental Income: $1903 Traditional Rental Income: $2825 Airbnb ROI: 0.2% Traditional ROI: 2.3%
269 LILLY BELL DR Lexington, VA QUICK MOVE-IN! Welcome to the 2511 sq ft Hayden model, offering a modern open-concept livi...	5 beds \| 3 baths \| 2,511 sq.ft.	$449,990	Airbnb cash on cash: 4.13% Traditional cash on cash: 5.89% Airbnb Rental Income: $3098 Traditional Rental Income: $3131 Airbnb ROI: 4.13% Traditional ROI: 5.89%
320 Lilly Bell Dr Lexington, VA Sweet, newly-built home (2025) in The Ponds at Lexington. 5 minutes from Lexington, VMI, W...	3 beds \| 2 baths \| 1,275 sq.ft.	$389,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 4.45% Airbnb Rental Income: $1903 Traditional Rental Income: $2290 Airbnb ROI: 2.01% Traditional ROI: 4.45%
75 Margarets Ln Lexington, VA Enjoy peaceful country living just 10 minutes from historic downtown Lexington, home to W&...	4 beds \| 2 baths \| 1,836 sq.ft.	$674,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.6% Airbnb Rental Income: $2323 Traditional Rental Income: $2560 Airbnb ROI: 1.31% Traditional ROI: 2.6%
71 Triple Crown Dr Lexington, VA Fantastic value. June brings longer days, blooming flowers, and fresh opportunities, makin...	3 beds \| 2 baths \| 1,228 sq.ft.	$292,500	Airbnb cash on cash: 3.13% Traditional cash on cash: 7.38% Airbnb Rental Income: $1903 Traditional Rental Income: $2567 Airbnb ROI: 3.13% Traditional ROI: 7.38%
220 S Main St Lexington, VA This duplex sets slightly back off of Main Street and is within easy walking distance to e...	4 beds \| 2 baths \| 1,800 sq.ft.	$439,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.74% Airbnb Rental Income: $3098 Traditional Rental Income: $2811 Airbnb ROI: 3.72% Traditional ROI: 4.74%
11 AVALON LN Lexington, VA Dreamy Blue Ridge Mountain Views From This Sprawling Solid Brick Ranch Home! Conveniently ...	3 beds \| 2 baths \| N/A	$395,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.73% Airbnb Rental Income: $1903 Traditional Rental Income: $2384 Airbnb ROI: 2.07% Traditional ROI: 4.73%
165 MARL RIDGE RD Lexington, VA Discover the opportunity to own a thoughtfully designed custom-built home set on 5.51 acre...	4 beds \| 4 baths \| 2,514 sq.ft.	$679,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 3.34% Airbnb Rental Income: $2323 Traditional Rental Income: $3121 Airbnb ROI: 1.17% Traditional ROI: 3.34%
111 Johnstone St Lexington, VA Discover this beautiful brick ranch situated on a large, flat city lot. The home welcomes ...	4 beds \| 2 baths \| 2,765 sq.ft.	$609,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.08% Airbnb Rental Income: $2323 Traditional Rental Income: $2784 Airbnb ROI: 1.25% Traditional ROI: 3.08%
311 Higgins Hollow Rd Lexington, VA Only 10 minutes outside of Lexington, Virginia, you'll find this true mountain cottage tha...	3 beds \| 2 baths \| 1,888 sq.ft.	$659,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.88% Airbnb Rental Income: $1903 Traditional Rental Income: $2674 Airbnb ROI: 0.8% Traditional ROI: 2.88%
505 JACKSON Ave Lexington, VA Welcome to this Jackson Avenue Jewel! From the grand entrance with stately columns, you'l...	5 beds \| 6 baths \| 3,581 sq.ft.	$949,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.1% Airbnb Rental Income: $3098 Traditional Rental Income: $6855 Airbnb ROI: 1.05% Traditional ROI: 6.1%
3 River Pl Lexington, VA This impeccably maintained 4-bed, 3-bath home sits on a quiet cul-de-sac in the desirable,...	4 beds \| 3 baths \| 3,192 sq.ft.	$595,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.41% Airbnb Rental Income: $2323 Traditional Rental Income: $3343 Airbnb ROI: 1.54% Traditional ROI: 4.41%
205 Diamond St Lexington, VA Investment opportunity in the heart of Lexington! This well-located duplex offers incredib...	4 beds \| 2 baths \| 1,848 sq.ft.	$229,000	Airbnb cash on cash: 6.1% Traditional cash on cash: 10.15% Airbnb Rental Income: $2323 Traditional Rental Income: $2624 Airbnb ROI: 6.1% Traditional ROI: 10.15%
1274 Maury River Rd Lexington, VA Spectacular Blue Ridge Mountain views surround this custom-built home set on over 7 privat...	3 beds \| 2 baths \| 2,200 sq.ft.	$625,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.76% Airbnb Rental Income: $1903 Traditional Rental Income: $2563 Airbnb ROI: 0.76% Traditional ROI: 2.76%
22 HAVEN OAK Ct Lexington, VA Welcome to 22 Haven Oak Ct -- a beautifully maintained 3-bedroom, 2.5-bath home located ju...	3 beds \| 4 baths \| 2,610 sq.ft.	$459,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.99% Airbnb Rental Income: $1903 Traditional Rental Income: $2936 Airbnb ROI: 1.4% Traditional ROI: 4.99%
42 BIKAH LN Lexington, VA Spacious Brick Home with Endless Potential on a Private Setting! Zoned B-1 Nestled in a pe...	5 beds \| 3 baths \| 5,051 sq.ft.	$419,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 7.65% Airbnb Rental Income: $3098 Traditional Rental Income: $3695 Airbnb ROI: 4.34% Traditional ROI: 7.65%
43 CHAMBERLAIN LOOP Lexington, VA Built in 2021 and meticulously maintained, this Weatherburn home offers a clean, modern la...	3 beds \| 4 baths \| 1,797 sq.ft.	$439,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.06% Airbnb Rental Income: $1903 Traditional Rental Income: $2655 Airbnb ROI: 1% Traditional ROI: 4.06%
125 Houston Street Lexington, VA Attention homebuyers! Don't miss this opportunity to own a property in the heart of Lexing...	2 beds \| 2 baths \| 1,368 sq.ft.	$217,000	Airbnb cash on cash: 4.51% Traditional cash on cash: 7.28% Airbnb Rental Income: $1897 Traditional Rental Income: $1961 Airbnb ROI: 4.51% Traditional ROI: 7.28%
404 CONFEDERATE Cir Lexington, VA Must see rancher that boasts a great floor plan. There are 3 (or 4) bedrooms with 2.5 bat...	3 beds \| 4 baths \| 1,482 sq.ft.	$298,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 6.51% Airbnb Rental Income: $1903 Traditional Rental Income: $2440 Airbnb ROI: 2.8% Traditional ROI: 6.51%
228 Summit St Lexington, VA Nestled in the heart of Lexington, this charming three-bedroom home blends classic charact...	3 beds \| 1 baths \| 1,344 sq.ft.	$274,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 6.03% Airbnb Rental Income: $1903 Traditional Rental Income: $2027 Airbnb ROI: 3.59% Traditional ROI: 6.03%
317 Massie St Lexington, VA Welcome to 317 Massie Street, a four-bedroom, two-and-a-half-bath home in the heart of Lex...	4 beds \| 3 baths \| 2,030 sq.ft.	$315,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 5.8% Airbnb Rental Income: $2323 Traditional Rental Income: $2254 Airbnb ROI: 4.08% Traditional ROI: 5.8%
12 Link Rd Lexington, VA Set back from the road, 12 Link Rd offers comfort and space in a highly desirable location...	3 beds \| 2 baths \| 1,785 sq.ft.	$320,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 4.89% Airbnb Rental Income: $1903 Traditional Rental Income: $2112 Airbnb ROI: 2.51% Traditional ROI: 4.89%
306 Walker St Lexington, VA In the City of Lexington, 306 Walker St offers an inviting place to call home. This cozy t...	2 beds \| 1 baths \| 999 sq.ft.	$199,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 4.58% Airbnb Rental Income: $1897 Traditional Rental Income: $1276 Airbnb ROI: 5.2% Traditional ROI: 4.58%
41 Chamberlain Lp Lexington, VA 41 Chamberlain Loop is your opportunity for ''maintenance-free'' living within the desirab...	3 beds \| 4 baths \| 1,803 sq.ft.	$439,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.35% Airbnb Rental Income: $1903 Traditional Rental Income: $2579 Airbnb ROI: 1.47% Traditional ROI: 4.35%
27 GEORGE WILLIAM LN Lexington, VA Welcome to The Pine, a stunning open-concept home that perfectly blends comfort and functi...	4 beds \| 3 baths \| 1,964 sq.ft.	$402,790	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.1% Airbnb Rental Income: $2323 Traditional Rental Income: $2895 Airbnb ROI: 3.06% Traditional ROI: 6.1%
18 GEORGE WILLIAM LN Lexington, VA The Cabral, a 1,665 square foot two-story home, offers an open-concept design perfect for ...	3 beds \| 3 baths \| 1,657 sq.ft.	$386,790	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.47% Airbnb Rental Income: $1903 Traditional Rental Income: $2560 Airbnb ROI: 2.27% Traditional ROI: 5.47%
197 Beatty Hollow Lexington, VA Tucked into the quiet beauty of Rockbridge County, 197 Beatty Hollow offers the perfect bl...	4 beds \| 2 baths \| 1,791 sq.ft.	$525,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.65% Airbnb Rental Income: $2323 Traditional Rental Income: $2628 Airbnb ROI: 1.86% Traditional ROI: 3.65%

Real Estate investment in Lexington, VA

There are 49 properties for sale in the city of Lexington . The median list price in Lexington is $339,725 and the average price per square foot is $143. In June 2026, the average monthly cash on cash return in Lexington is 4.00%. The average monthly rental income in Lexington is $2,412.

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

There are 49 investment properties available for sale in Lexington.

In 2026, the best neighborhood to buy investment property is Lexington.

The ROI for Long-Term is higher than the Short-Term in Lexington with average rental income of $2,412.

Your search for investment property begins and ends here

Investment Property for Sale in Lexington, VA

321 S Main St

Lexington, VA

3 beds | 3 baths | 3,222 sq.ft.

$1,195,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $1903

Traditional Rental Income: $2908

Airbnb ROI: -0.26%

Traditional ROI: 1.1%

9 Hamilton Dr

Lexington, VA

3 beds | 5 baths | 3,782 sq.ft.

$674,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1903

Traditional Rental Income: $4486

Airbnb ROI: 0.57%

Traditional ROI: 5.47%

203 Johnstone St

Lexington, VA

4 beds | 3 baths | 3,449 sq.ft.

$439,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $2323

Traditional Rental Income: $3395

Airbnb ROI: 2.03%

Traditional ROI: 6.04%

150 FOREST HILL VIEW

Lexington, VA

3 beds | 4 baths | 4,451 sq.ft.

$809,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1903

Traditional Rental Income: $4521

Airbnb ROI: 0.2%

Traditional ROI: 4.34%

711 Stono Ln

Lexington, VA

1 beds | 1 baths | 1,420 sq.ft.

$795,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 0.6%

Airbnb Rental Income: $1432

Traditional Rental Income: $1880

Airbnb ROI: -0.58%

Traditional ROI: 0.6%

43 Chamberlain Lp

Lexington, VA

3 beds | 4 baths | 1,797 sq.ft.

$439,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1903

Traditional Rental Income: $2669

Airbnb ROI: 1.48%

Traditional ROI: 4.57%

90 Woodridge Ln

Lexington, VA

3 beds | 4 baths | 1,898 sq.ft.

$489,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $1903

Traditional Rental Income: $2188

Airbnb ROI: 1.31%

Traditional ROI: 3.04%

111 S Jefferson St

Lexington, VA

4 beds | 6 baths | 3,302 sq.ft.

$989,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2323

Traditional Rental Income: $4736

Airbnb ROI: 0.31%