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
6 Coe Pl Lexington, VA Classic Virginia style -- classic Lexington location! This exceptional home just outside t...	3 beds \| 4 baths \| 4,032 sq.ft.	$637,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.78% Airbnb Rental Income: $2116 Traditional Rental Income: $3161 Airbnb ROI: 1.11% Traditional ROI: 3.78%
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: -0.1% Traditional cash on cash: 1.1% Airbnb Rental Income: $2116 Traditional Rental Income: $2908 Airbnb ROI: -0.1% Traditional ROI: 1.1%
665 Blacks Creek Rd Lexington, VA Escape to this inviting 4 BR, 2BR cabin-like home nestled on 23.81 acres of serene woodlan...	4 beds \| 2 baths \| 2,124 sq.ft.	$599,000	Airbnb cash on cash: 1.71% Traditional cash on cash: -0.08% Airbnb Rental Income: $2409 Traditional Rental Income: $816 Airbnb ROI: 1.71% Traditional ROI: -0.08%
150 Forest Hill View Lexington, VA Privately situated in an established neighborhood, yet only 5 minutes from downtown Lexing...	3 beds \| 5 baths \| 4,451 sq.ft.	$890,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.86% Airbnb Rental Income: $2116 Traditional Rental Income: $4521 Airbnb ROI: 0.3% Traditional ROI: 3.86%
251 Alpine Dr Lexington, VA A modern day hilltop castle complete with twin turrets holds a commanding location between...	3 beds \| 4 baths \| 5,532 sq.ft.	$1,250,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.31% Airbnb Rental Income: $2116 Traditional Rental Income: $3184 Airbnb ROI: -0.08% Traditional ROI: 1.31%
363 Valley Pike Lexington, VA Come enjoy easy living here at this sweet one-level home. Step inside this 3bed/1bath to d...	3 beds \| 1 baths \| 960 sq.ft.	$279,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.3% Airbnb Rental Income: $2116 Traditional Rental Income: $1855 Airbnb ROI: 4.23% Traditional ROI: 5.3%
61 EMERALD LN Lexington, VA Tucked away on over 3 peaceful acres, this one-of-a-kind 3-bedroom, 3-bathroom home is ful...	3 beds \| 3 baths \| 3,712 sq.ft.	$419,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 5.56% Airbnb Rental Income: $2116 Traditional Rental Income: $2872 Airbnb ROI: 2.25% Traditional ROI: 5.56%
8 Augusta Ct Lexington, VA Charming custom all-brick 3-bedroom, 2.5-bath home located beside Lexington Golf & Country...	3 beds \| 3 baths \| 2,443 sq.ft.	$615,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.95% Airbnb Rental Income: $2116 Traditional Rental Income: $2661 Airbnb ROI: 1.05% Traditional ROI: 2.95%
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.	$220,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 7.58% Airbnb Rental Income: $1793 Traditional Rental Income: $1976 Airbnb ROI: 4.36% Traditional ROI: 7.58%
195 Shake Rag Rd Lexington, VA Luxurious 21+ acre mountain retreat privately situated high in the foothills of Hogback Mo...	2 beds \| 2 baths \| 1,546 sq.ft.	$895,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.33% Airbnb Rental Income: $1793 Traditional Rental Income: $2229 Airbnb ROI: 0.22% Traditional ROI: 1.33%
201 Fuller St Lexington, VA Remodeled farmhouse charm in the heart of Lexington. This property has been an investment ...	3 beds \| 2 baths \| 1,456 sq.ft.	$305,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.9% Airbnb Rental Income: $2116 Traditional Rental Income: $1633 Airbnb ROI: 3.7% Traditional ROI: 3.9%
225 CHERRY RIDGE LN Lexington, VA Seller/Creative Financing Available Experience unparalleled living in this breathtaking ...	4 beds \| 5 baths \| 4,498 sq.ft.	$1,995,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.56% Airbnb Rental Income: $2409 Traditional Rental Income: $5065 Airbnb ROI: -0.19% Traditional ROI: 1.56%
25-4 Beverly Ct #25-4 Lexington, VA Investors invited!! The perfect Townhouse at Pikes Place!! Close to Lexington, VMI and W&L...	2 beds \| 3 baths \| 1,088 sq.ft.	$220,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 7.68% Airbnb Rental Income: $1793 Traditional Rental Income: $1997 Airbnb ROI: 4.36% Traditional ROI: 7.68%
519 ARPIA ST Lexington, VA Welcome to this fully renovated bungalow in Downtown Lexington! With two bedrooms, two ful...	2 beds \| 2 baths \| 1,200 sq.ft.	$270,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 6.38% Airbnb Rental Income: $1793 Traditional Rental Income: $2044 Airbnb ROI: 3.48% Traditional ROI: 6.38%
2068 LEE HWY Lexington, VA This well-built, brick Cape Cod home offers timeless appeal and a comfortable living space...	3 beds \| 1 baths \| 1,742 sq.ft.	$229,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 7.31% Airbnb Rental Income: $2116 Traditional Rental Income: $1996 Airbnb ROI: 5.36% Traditional ROI: 7.31%
10 SEABISCUIT CT Lexington, VA The 2237 sq ft Deerfield model boasts a spacious open-concept living space on the main lev...	4 beds \| 3 baths \| 1,906 sq.ft.	$417,990	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.98% Airbnb Rental Income: $2409 Traditional Rental Income: $2754 Airbnb ROI: 2.59% Traditional ROI: 4.98%
24 High Meadow Dr Lexington, VA Just 5 minutes from downtown Lexington, VMI and W&L, this stunning home in Maury Cliffs su...	3 beds \| 3 baths \| 2,650 sq.ft.	$599,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 4.14% Airbnb Rental Income: $2116 Traditional Rental Income: $3223 Airbnb ROI: 1.19% Traditional ROI: 4.14%
250 Forge Hill Ln Lexington, VA Views! Views! Views!. Brick ranch on 12 acres just 10 minutes from Lexington with full ba...	3 beds \| 3 baths \| 2,650 sq.ft.	$550,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.21% Airbnb Rental Income: $2116 Traditional Rental Income: $3064 Airbnb ROI: 1.31% Traditional ROI: 4.21%
521 S Main St Lexington, VA Walk to historic, downtown Lexington from your well cared for, 2-story Craftsman Foursquar...	3 beds \| 2 baths \| 1,908 sq.ft.	$519,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.98% Airbnb Rental Income: $2116 Traditional Rental Income: $2767 Airbnb ROI: 1.52% Traditional ROI: 3.98%
301 Walker St Lexington, VA Motivated Seller !!!This remodeled, fully furnished 2-bedroom, 2-bath home has numerous re...	2 beds \| 2 baths \| 1,147 sq.ft.	$252,500	Airbnb cash on cash: -2.09% Traditional cash on cash: 0.9% Airbnb Rental Income: $1793 Traditional Rental Income: $2018 Airbnb ROI: -2.09% Traditional ROI: 0.9%
809 S Main St Lexington, VA Welcome to this charming three-bedroom three bathroom home nestled in the City of Lexingto...	3 beds \| 3 baths \| 1,440 sq.ft.	$273,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 8.14% Airbnb Rental Income: $2116 Traditional Rental Income: $2608 Airbnb ROI: 4.13% Traditional ROI: 8.14%
195 Lost Spring LN Lexington, VA Tucked away in the heart of the Blue Ridge, 195 Lost Spring Ln offers the ultimate in secl...	1 beds \| 1 baths \| 874 sq.ft.	$439,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.35% Airbnb Rental Income: $1793 Traditional Rental Income: $1633 Airbnb ROI: 1.55% Traditional ROI: 2.35%
42 SEABISCUIT CT Lexington, VA SEPTEMBER MOVE-IN! SAVE BIG ON YOUR NEW HOME WITH A LOW 3.99% LIMITED-TIME RATE! Discov...	4 beds \| 3 baths \| 2,310 sq.ft.	$389,890	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.58% Airbnb Rental Income: $2409 Traditional Rental Income: $3010 Airbnb ROI: 3.32% Traditional ROI: 6.58%
52 SEABISCUIT CT Lexington, VA Discover this exceptional 2,310 square-foot home with a unique floorplan designed for both...	4 beds \| 3 baths \| 2,310 sq.ft.	$394,990	Airbnb cash on cash: 3.55% Traditional cash on cash: 6.76% Airbnb Rental Income: $2409 Traditional Rental Income: $3009 Airbnb ROI: 3.55% Traditional ROI: 6.76%
5794 WEST MIDLAND TRL Lexington, VA Legacy Farmhouse on 12+ Acres with Mountain Views! Step into a storybook setting at this c...	3 beds \| 1 baths \| 2,339 sq.ft.	$298,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 5.12% Airbnb Rental Income: $2116 Traditional Rental Income: $1982 Airbnb ROI: 3.66% Traditional ROI: 5.12%
11 Southfork Ln Lexington, VA This lovely 3 bdr, 2 1/2 bath home sits on a quiet cul de sac just N of Lexington in the V...	3 beds \| 3 baths \| 1,680 sq.ft.	$350,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 5.38% Airbnb Rental Income: $2116 Traditional Rental Income: $2382 Airbnb ROI: 2.92% Traditional ROI: 5.38%
741 Furrs Mill Rd Lexington, VA High above and overlooking the Maury River stands this sturdy brick home on a full walkout...	3 beds \| 3 baths \| 2,290 sq.ft.	$575,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.84% Airbnb Rental Income: $2116 Traditional Rental Income: $2889 Airbnb ROI: 1.39% Traditional ROI: 3.84%
85 GEORGE WILLIAM LN Lexington, VA Welcome to the Neuville, a beautifully designed 1,698 sq ft single-story home offering a m...	4 beds \| 2 baths \| 1,698 sq.ft.	$389,990	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.37% Airbnb Rental Income: $2409 Traditional Rental Income: $2561 Airbnb ROI: 3.34% Traditional ROI: 5.37%
56 LILLY BELL DR Lexington, VA Welcome to the Neuville, a beautifully designed 1,698 sq ft single-story home offering a m...	4 beds \| 2 baths \| 1,698 sq.ft.	$402,990	Airbnb cash on cash: 3.2% Traditional cash on cash: 5.17% Airbnb Rental Income: $2409 Traditional Rental Income: $2561 Airbnb ROI: 3.2% Traditional ROI: 5.17%
LOT 112 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.	$379,990	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.49% Airbnb Rental Income: $2116 Traditional Rental Income: $2526 Airbnb ROI: 2.82% Traditional ROI: 5.49%
266 LILLY BELL DR Lexington, VA Welcome to the Neuville, a beautifully designed 1,698 sq ft single-story home offering a m...	4 beds \| 2 baths \| 1,698 sq.ft.	$393,890	Airbnb cash on cash: 3.3% Traditional cash on cash: 5.3% Airbnb Rental Income: $2409 Traditional Rental Income: $2558 Airbnb ROI: 3.3% Traditional ROI: 5.3%
17 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	2 beds \| 2 baths \| 1,500 sq.ft.	$342,990	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.77% Airbnb Rental Income: $1793 Traditional Rental Income: $2394 Airbnb ROI: 2.39% Traditional ROI: 5.77%
15 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	2 beds \| 2 baths \| 1,500 sq.ft.	$342,990	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.77% Airbnb Rental Income: $1793 Traditional Rental Income: $2394 Airbnb ROI: 2.39% Traditional ROI: 5.77%
7 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	2 beds \| 2 baths \| 1,500 sq.ft.	$345,990	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.72% Airbnb Rental Income: $1793 Traditional Rental Income: $2398 Airbnb ROI: 2.36% Traditional ROI: 5.72%
9 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	2 beds \| 2 baths \| 1,500 sq.ft.	$345,890	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.72% Airbnb Rental Income: $1793 Traditional Rental Income: $2396 Airbnb ROI: 2.36% Traditional ROI: 5.72%
903 Bowyer Ln Lexington, VA Looking for a home in historic Lexington, Virginia, with plenty of space and a great locat...	4 beds \| 4 baths \| 4,403 sq.ft.	$639,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.65% Airbnb Rental Income: $2409 Traditional Rental Income: $3835 Airbnb ROI: 1.27% Traditional ROI: 4.65%
4 White St Lexington, VA A rare opportunity to own a stately home in historic downtown Lexington, VA, one of Americ...	4 beds \| 3 baths \| 3,700 sq.ft.	$995,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.08% Airbnb Rental Income: $2409 Traditional Rental Income: $3387 Airbnb ROI: 0.39% Traditional ROI: 2.08%
17 New Cameron Dr Lexington, VA Exceptional 4-bedroom brick home nestled in the highly sought-after Country Club neighborh...	4 beds \| 3 baths \| 2,985 sq.ft.	$649,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 3.77% Airbnb Rental Income: $2409 Traditional Rental Income: $3278 Airbnb ROI: 1.36% Traditional ROI: 3.77%
41 Chamberlain Lp Lexington, VA 41 Chamberlain Loop is your opportunity for ''maintenance-free'' living within the desirab...	3 beds \| 3 baths \| 1,803 sq.ft.	$449,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.23% Airbnb Rental Income: $2116 Traditional Rental Income: $2579 Airbnb ROI: 1.85% Traditional ROI: 4.23%
26 High Meadow Dr Lexington, VA Privately situated on a cul-de-sac in the desirable Maury Cliffs subdivision, this custom ...	3 beds \| 2 baths \| 2,127 sq.ft.	$449,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.14% Airbnb Rental Income: $2116 Traditional Rental Income: $2480 Airbnb ROI: 1.98% Traditional ROI: 4.14%

Real Estate investment in Lexington, VA

There are 59 properties for sale in the city of Lexington . The median list price in Lexington is $400,995 and the average price per square foot is $183. In September 2025, the average monthly cash on cash return in Lexington is 5.00%. The average monthly rental income in Lexington is $2,560.

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

There are 59 investment properties available for sale in Lexington.

In 2025, 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

6 Coe Pl

Lexington, VA

3 beds | 4 baths | 4,032 sq.ft.

$637,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $2116

Traditional Rental Income: $3161

Airbnb ROI: 1.11%

Traditional ROI: 3.78%

321 S Main St

Lexington, VA

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

$1,195,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $2116

Traditional Rental Income: $2908

Airbnb ROI: -0.1%

Traditional ROI: 1.1%

665 Blacks Creek Rd

Lexington, VA

4 beds | 2 baths | 2,124 sq.ft.

$599,000

Airbnb cash on cash: 1.71%

Traditional cash on cash: -0.08%

Airbnb Rental Income: $2409

Traditional Rental Income: $816

Airbnb ROI: 1.71%

Traditional ROI: -0.08%

150 Forest Hill View

Lexington, VA

3 beds | 5 baths | 4,451 sq.ft.

$890,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $2116

Traditional Rental Income: $4521

Airbnb ROI: 0.3%

Traditional ROI: 3.86%

251 Alpine Dr

Lexington, VA

3 beds | 4 baths | 5,532 sq.ft.

$1,250,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $2116

Traditional Rental Income: $3184

Airbnb ROI: -0.08%

Traditional ROI: 1.31%

363 Valley Pike

Lexington, VA

3 beds | 1 baths | 960 sq.ft.

$279,000

Airbnb cash on cash: 4.23%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $2116

Traditional Rental Income: $1855

Airbnb ROI: 4.23%

Traditional ROI: 5.3%

61 EMERALD LN

Lexington, VA

3 beds | 3 baths | 3,712 sq.ft.

$419,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $2116

Traditional Rental Income: $2872

Airbnb ROI: 2.25%

Traditional ROI: 5.56%

8 Augusta Ct

Lexington, VA

3 beds | 3 baths | 2,443 sq.ft.

$615,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $2116

Traditional Rental Income: $2661

Airbnb ROI: 1.05%