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

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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: -0.55% Traditional cash on cash: 1.1% Airbnb Rental Income: $1512 Traditional Rental Income: $2908 Airbnb ROI: -0.55% 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.	$689,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.34% Airbnb Rental Income: $1512 Traditional Rental Income: $4486 Airbnb ROI: 0.03% Traditional ROI: 5.34%
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.	$449,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.88% Airbnb Rental Income: $2142 Traditional Rental Income: $3395 Airbnb ROI: 1.6% Traditional ROI: 5.88%
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.	$850,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.09% Airbnb Rental Income: $1512 Traditional Rental Income: $4521 Airbnb ROI: -0.27% Traditional ROI: 4.09%
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: 0.69% Traditional cash on cash: 1.79% Airbnb Rental Income: $1512 Traditional Rental Income: $1526 Airbnb ROI: 0.69% Traditional ROI: 1.79%
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: 0.6% Traditional cash on cash: 3.04% Airbnb Rental Income: $1512 Traditional Rental Income: $2188 Airbnb ROI: 0.6% Traditional ROI: 3.04%
15-2 Beverly Ct Lexington, VA Well-maintained 2 bedroom, 2.5 bath town home located in Pike's Place. Currently rented. ...	2 beds \| 3 baths \| 1,088 sq.ft.	$201,400	Airbnb cash on cash: 4.82% Traditional cash on cash: 8.35% Airbnb Rental Income: $1788 Traditional Rental Income: $1976 Airbnb ROI: 4.82% Traditional ROI: 8.35%
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: 0.15% Traditional cash on cash: 3.56% Airbnb Rental Income: $2142 Traditional Rental Income: $4736 Airbnb ROI: 0.15% Traditional ROI: 3.56%
13 Country Club Rd Lexington, VA Three-bedroom, 1.5-bath home in the City of Lexington featuring a cozy living room, kitche...	3 beds \| 3 baths \| 1,239 sq.ft.	$349,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.62% Airbnb Rental Income: $1512 Traditional Rental Income: $1157 Airbnb ROI: 1.36% Traditional ROI: 1.62%
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.	$325,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.8% Airbnb Rental Income: $1512 Traditional Rental Income: $2112 Airbnb ROI: 1.39% Traditional ROI: 4.8%
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.	$515,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.02% Airbnb Rental Income: $1512 Traditional Rental Income: $2767 Airbnb ROI: 0.5% Traditional ROI: 4.02%
301 Walker St Lexington, VA This fully remodeled, fully furnished 2-bedroom, 2-bath home has numerous recent upgrades,...	2 beds \| 6 baths \| 1,147 sq.ft.	$219,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 7.53% Airbnb Rental Income: $1788 Traditional Rental Income: $2018 Airbnb ROI: 4.09% Traditional ROI: 7.53%
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: 0.68% Traditional cash on cash: 4.35% Airbnb Rental Income: $1512 Traditional Rental Income: $2579 Airbnb ROI: 0.68% Traditional ROI: 4.35%
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: -0.28% Traditional cash on cash: 2.3% Airbnb Rental Income: $1512 Traditional Rental Income: $2825 Airbnb ROI: -0.28% Traditional ROI: 2.3%
41 CHAMBERLAIN LOOP Lexington, VA 41 Chamberlain Loop is your opportunity for ''maintenance-free'' living within the desirab...	3 beds \| 3 baths \| 1,803 sq.ft.	$439,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.19% Airbnb Rental Income: $1512 Traditional Rental Income: $2691 Airbnb ROI: 0.25% Traditional ROI: 4.19%
269 LILLY BELL DR Lexington, VA Welcome to the 2511 sq ft Hayden model, offering a modern open-concept living space design...	5 beds \| 3 baths \| 2,511 sq.ft.	$449,045	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.9% Airbnb Rental Income: $1827 Traditional Rental Income: $3131 Airbnb ROI: 1.63% Traditional ROI: 5.9%
320 Lilly Bell Dr Lexington, VA Sweet, newly-built home (2025) in The Ponds at Lexington. 5 minutes from Lexington, VMI, W...	2 beds \| 2 baths \| 1,275 sq.ft.	$389,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.45% Airbnb Rental Income: $1788 Traditional Rental Income: $2290 Airbnb ROI: 1.74% 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: 1.07% Traditional cash on cash: 2.6% Airbnb Rental Income: $2142 Traditional Rental Income: $2560 Airbnb ROI: 1.07% Traditional ROI: 2.6%
71 Triple Crown Dr Lexington, VA Longer days, blooming flowers, and fresh opportunities, it's officially one of the best ti...	3 beds \| 2 baths \| 1,228 sq.ft.	$299,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 7.2% Airbnb Rental Income: $1512 Traditional Rental Income: $2567 Airbnb ROI: 1.89% Traditional ROI: 7.2%
70 Donington Ln Lexington, VA You don't have to trek to far and foreboding places to find a truly rare gem-- just visit ...	4 beds \| 5 baths \| 3,369 sq.ft.	$825,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.18% Airbnb Rental Income: $2142 Traditional Rental Income: $3682 Airbnb ROI: 0.47% Traditional ROI: 3.18%
11 AVALON LN Lexington, VA Dreamy Blue Ridge Mountain Views From This Sprawling Solid Brick Ranch Home! Conveniently ...	3 beds \| 2 baths \| N/A	$410,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.52% Airbnb Rental Income: $1512 Traditional Rental Income: $2384 Airbnb ROI: 1.11% Traditional ROI: 4.52%
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.	$600,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.08% Airbnb Rental Income: $2142 Traditional Rental Income: $2628 Airbnb ROI: 1.24% Traditional ROI: 3.08%
15-2 BEVERLY CT #2 Lexington, VA Well-maintained 2 bedroom, 2.5 bath town home located in Pike's Place. Currently rented. C...	2 beds \| 3 baths \| 1,088 sq.ft.	$201,400	Airbnb cash on cash: 4.1% Traditional cash on cash: 7.75% Airbnb Rental Income: $1788 Traditional Rental Income: $1999 Airbnb ROI: 4.1% Traditional ROI: 7.75%
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: 0.93% Traditional cash on cash: 3.34% Airbnb Rental Income: $2142 Traditional Rental Income: $3121 Airbnb ROI: 0.93% Traditional ROI: 3.34%
452 Lime Kiln Rd Lexington, VA Charming and conveniently located, this classic brick rancher offers comfortable one-level...	3 beds \| 1 baths \| 1,188 sq.ft.	$299,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 5.01% Airbnb Rental Income: $1512 Traditional Rental Income: $1936 Airbnb ROI: 1.93% Traditional ROI: 5.01%
105 REBEL RIDGE Rd Lexington, VA Welcome to 105 Rebel Ridge Rd in Lexington, VA. This 4-bedroom, 2-bath home, plus an offic...	4 beds \| 2 baths \| 1,983 sq.ft.	$389,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.53% Airbnb Rental Income: $2142 Traditional Rental Income: $2701 Airbnb ROI: 2.5% Traditional ROI: 5.53%
15 HOUSTON St Lexington, VA Discover a home with heart in one of Lexington's most sought-after neighborhoods. Nestled ...	3 beds \| 1 baths \| 1,931 sq.ft.	$399,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 3.1% Airbnb Rental Income: $1512 Traditional Rental Income: $1828 Airbnb ROI: 1.08% Traditional ROI: 3.1%
214 Maury St Lexington, VA Charming fully furnished cottage just minutes from VMI and Washington & Lee. Ideal for cad...	2 beds \| 1 baths \| 685 sq.ft.	$225,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 5.93% Airbnb Rental Income: $1788 Traditional Rental Income: $1685 Airbnb ROI: 4.12% Traditional ROI: 5.93%
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.	$629,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.95% Airbnb Rental Income: $2142 Traditional Rental Income: $2784 Airbnb ROI: 0.92% Traditional ROI: 2.95%
505 JACKSON Ave Lexington, VA Welcome to this Jackson Avenue Jewel! From the grand entrance with stately columns, you'l...	4 beds \| 6 baths \| 3,581 sq.ft.	$979,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.88% Airbnb Rental Income: $2142 Traditional Rental Income: $6855 Airbnb ROI: 0.11% Traditional ROI: 5.88%
25 Edgewood Dr Lexington, VA This stunning contemporary home is a well-maintained property situated in a private settin...	3 beds \| 4 baths \| 3,000 sq.ft.	$594,500	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.35% Airbnb Rental Income: $1512 Traditional Rental Income: $3345 Airbnb ROI: 0.26% Traditional ROI: 4.35%
145 Thoroughbred Cir Lexington, VA This move-in ready home has an abundance of living space! Featuring a very usable open con...	3 beds \| 4 baths \| 2,271 sq.ft.	$379,999	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.47% Airbnb Rental Income: $1512 Traditional Rental Income: $2943 Airbnb ROI: 1.22% Traditional ROI: 6.47%
319 N Lewis St Lexington, VA 319 N Lewis St is a charming four-bedroom, two-bathroom home located in the heart of the C...	4 beds \| 2 baths \| 1,760 sq.ft.	$275,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 7.95% Airbnb Rental Income: $2142 Traditional Rental Income: $2567 Airbnb ROI: 4.21% Traditional ROI: 7.95%
409 Wills Rd Lexington, VA This adorable 3 bedroom, 3 bathroom home is located in the heart of Lexington. Built in 20...	3 beds \| 3 baths \| 2,240 sq.ft.	$423,500	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.21% Airbnb Rental Income: $1512 Traditional Rental Income: $2838 Airbnb ROI: 0.76% Traditional ROI: 5.21%
17 Houston St Lexington, VA Tucked just a short stroll from downtown Lexington--and conveniently close to both W&L and...	4 beds \| 2 baths \| 1,506 sq.ft.	$479,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 1.77% Airbnb Rental Income: $2142 Traditional Rental Income: $1523 Airbnb ROI: 1.93% Traditional ROI: 1.77%
261 Reid Rd Lexington, VA Come tour this all-updated home on 4 acres that combines quality craftsmanship in immacula...	4 beds \| 5 baths \| 2,322 sq.ft.	$619,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.05% Airbnb Rental Income: $2142 Traditional Rental Income: $3194 Airbnb ROI: 1.28% Traditional ROI: 4.05%
141 Montella Ln Lexington, VA A home with stunning views--stretching across the Allegheny Mountains with beautiful sight...	3 beds \| 4 baths \| 2,187 sq.ft.	$489,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.49% Airbnb Rental Income: $1512 Traditional Rental Income: $2792 Airbnb ROI: 0.73% Traditional ROI: 4.49%
45 GEORGE WILLIAM LN Lexington, VA Welcome to The Pine, a stunning 1,953 sq ft open-concept home that perfectly blends comfor...	4 beds \| 3 baths \| 1,953 sq.ft.	$402,790	Airbnb cash on cash: 2.66% Traditional cash on cash: 5.96% Airbnb Rental Income: $2142 Traditional Rental Income: $2842 Airbnb ROI: 2.66% Traditional ROI: 5.96%
37 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.	$382,790	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.56% Airbnb Rental Income: $1512 Traditional Rental Income: $2569 Airbnb ROI: 1.39% Traditional ROI: 5.56%
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: 2.66% Traditional cash on cash: 6.1% Airbnb Rental Income: $2142 Traditional Rental Income: $2895 Airbnb ROI: 2.66% Traditional ROI: 6.1%

Real Estate investment in Lexington, VA

There are 60 properties for sale in the city of Lexington . The median list price in Lexington is $392,300 and the average price per square foot is $166. In May 2026, the average monthly cash on cash return in Lexington is 4.00%. The average monthly rental income in Lexington is $2,560.

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

There are 60 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 $2,560.

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: -0.55%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $1512

Traditional Rental Income: $2908

Airbnb ROI: -0.55%

Traditional ROI: 1.1%

9 Hamilton Dr

Lexington, VA

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

$689,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1512

Traditional Rental Income: $4486

Airbnb ROI: 0.03%

Traditional ROI: 5.34%

203 Johnstone St

Lexington, VA

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

$449,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $2142

Traditional Rental Income: $3395

Airbnb ROI: 1.6%

Traditional ROI: 5.88%

150 FOREST HILL VIEW

Lexington, VA

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

$850,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1512

Traditional Rental Income: $4521

Airbnb ROI: -0.27%

Traditional ROI: 4.09%

43 Chamberlain Lp

Lexington, VA

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

$439,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1512

Traditional Rental Income: $1526

Airbnb ROI: 0.69%

Traditional ROI: 1.79%

90 Woodridge Ln

Lexington, VA

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

$489,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $1512

Traditional Rental Income: $2188

Airbnb ROI: 0.6%

Traditional ROI: 3.04%

15-2 Beverly Ct

Lexington, VA

2 beds | 3 baths | 1,088 sq.ft.

$201,400

Airbnb cash on cash: 4.82%

Traditional cash on cash: 8.35%

Airbnb Rental Income: $1788

Traditional Rental Income: $1976

Airbnb ROI: 4.82%

Traditional ROI: 8.35%

111 S Jefferson St

Lexington, VA

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

$989,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2142

Traditional Rental Income: $4736

Airbnb ROI: 0.15%