Real Estate Investment Properties for Sale in Roanoke, VA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
901 Walhalla Ct Roanoke, VA Move-in ready with new flooring, fresh paint, and a whole-house air scrubber that removes ...	3 beds \| 2 baths \| 2,121 sq.ft.	$449,950	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.97% Airbnb Rental Income: $739 Traditional Rental Income: $1832 Airbnb ROI: -1.37% Traditional ROI: 1.97%
4631 Heather DR SW #209 Roanoke, VA Great opportunity in the Glen - Condo with amazing views, tons of light, open concept floo...	2 beds \| 2 baths \| 1,844 sq.ft.	$279,950	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.69% Airbnb Rental Income: $982 Traditional Rental Income: $1510 Airbnb ROI: -1.65% Traditional ROI: 1.69%
3232 Allendale ST SW Roanoke, VA A Charming Storybook Tudor on one of Roanoke's most sought after streets. A brand new kitc...	3 beds \| 3 baths \| 2,361 sq.ft.	$674,950	Airbnb cash on cash: -1.31% Traditional cash on cash: 1.99% Airbnb Rental Income: $861 Traditional Rental Income: $2608 Airbnb ROI: -1.31% Traditional ROI: 1.99%
4760 Lantern ST Roanoke, VA Discover this inviting North Country home offering 3bedrooms and 2 baths with thoughtful u...	3 beds \| 2 baths \| 1,647 sq.ft.	$305,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.04% Airbnb Rental Income: $1227 Traditional Rental Income: $2058 Airbnb ROI: 0.77% Traditional ROI: 5.04%
839 Summerdean AVE Roanoke, VA This charming one-level home offers easy, functional living with three spacious bedrooms a...	3 beds \| 2 baths \| 1,214 sq.ft.	$325,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 4.18% Airbnb Rental Income: $739 Traditional Rental Income: $1903 Airbnb ROI: -0.65% Traditional ROI: 4.18%
2819 Kennedy ST NE Roanoke, VA It's a new year, now step into the place you will want to call your new home with this mov...	3 beds \| 1 baths \| 1,248 sq.ft.	$229,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.68% Airbnb Rental Income: $632 Traditional Rental Income: $1545 Airbnb ROI: -0.9% Traditional ROI: 4.68%
5717 Fieldview DR Roanoke, VA Spacious 4-bedroom, 3.5-bath two-story home located in a highly desirable Bonsack neighbor...	4 beds \| 4 baths \| 2,942 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $3115 Airbnb ROI: N/A Traditional ROI: 5.31%
5613 Midway Dr Roanoke, VA Stunning City View Property - A Must-See! Welcome to your dream home with panoramic cit...	3 beds \| 2 baths \| 1,508 sq.ft.	$389,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.1% Airbnb Rental Income: $757 Traditional Rental Income: $1829 Airbnb ROI: -0.69% Traditional ROI: 3.1%
3604 Janney Ln Roanoke, VA NEWLY RENOVATED SW COUNTY HOME FEATURING 4 BEDROOMS, 3 FULL BATHS OFFERS AN OPEN CONCEPT K...	4 beds \| 3 baths \| 1,998 sq.ft.	$379,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 3.78%
319 Campbell AVE SW #206 Roanoke, VA Industrial-chic 1-bedroom, 1.5-bath downtown condo with private garage parking and dedicat...	1 beds \| 2 baths \| 782 sq.ft.	$239,950	Airbnb cash on cash: -2.65% Traditional cash on cash: 3.73% Airbnb Rental Income: $496 Traditional Rental Income: $1670 Airbnb ROI: -2.65% Traditional ROI: 3.73%
3706 Derby DR Roanoke, VA Step through the front door and be immediately captivated by the warmth and character of c...	3 beds \| 3 baths \| 2,197 sq.ft.	$550,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 2.94% Airbnb Rental Income: $739 Traditional Rental Income: $2501 Airbnb ROI: -1.09% Traditional ROI: 2.94%
45 Brookfield CT Roanoke, VA Move in ready patio home with open floor plan, large kitchen, vaulted ceilings, and modern...	2 beds \| 2 baths \| 1,660 sq.ft.	$355,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.42% Airbnb Rental Income: $1004 Traditional Rental Income: $2281 Airbnb ROI: -0.48% Traditional ROI: 4.42%
5949 Village Ln Roanoke, VA Upgraded split foyer in a nice North County neighborhood. Fenced yard. Hardwood floors. U...	4 beds \| 2 baths \| 2,158 sq.ft.	$350,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 5.31% Airbnb Rental Income: $723 Traditional Rental Income: $2367 Airbnb ROI: -0.64% Traditional ROI: 5.31%
324 Salem AVE Roanoke, VA A well-designed loft, south facing, studio apartment with large original windows and tons ...	1 beds \| 1 baths \| N/A	$215,000	Airbnb cash on cash: -2.9% Traditional cash on cash: 0.94% Airbnb Rental Income: $496 Traditional Rental Income: $1008 Airbnb ROI: -2.9% Traditional ROI: 0.94%
2343 Circle DR SW Roanoke, VA Welcome to this beautifully updated home in the Greater Deyerle Neighborhood, one of Roano...	3 beds \| 3 baths \| 2,350 sq.ft.	$360,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.98% Airbnb Rental Income: $903 Traditional Rental Income: $2496 Airbnb ROI: -0.73% Traditional ROI: 4.98%
244 Huntington BLVD NE Roanoke, VA Updated, well-maintained brick home in a charming, walkable neighborhood. The renovated ki...	4 beds \| 2 baths \| 1,856 sq.ft.	$299,500	Airbnb cash on cash: -1.04% Traditional cash on cash: 5.36% Airbnb Rental Income: $723 Traditional Rental Income: $2219 Airbnb ROI: -1.04% Traditional ROI: 5.36%
701 Marshall AVE Roanoke, VA Classic historic charm meets modern living! This beautifully remodeled 3-bcdroom, 2.5-bath...	3 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.22% Airbnb Rental Income: $1167 Traditional Rental Income: $2517 Airbnb ROI: -0.06% Traditional ROI: 5.22%
3717 Martinell Ave Roanoke, VA New windows, new doors, new light fixtures, ceiling fans in 3 bedrooms, new appliances, ne...	3 beds \| 1 baths \| 2,120 sq.ft.	$320,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.08% Airbnb Rental Income: $757 Traditional Rental Income: $1554 Airbnb ROI: -0.62% Traditional ROI: 3.08%
157 Clubhouse Dr Roanoke, VA This split-foyer home sits on a desirable corner lot and features a fully fenced-in yard p...	4 beds \| 2 baths \| 2,088 sq.ft.	$336,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 5.43% Airbnb Rental Income: $723 Traditional Rental Income: $2393 Airbnb ROI: -0.81% Traditional ROI: 5.43%
7929 Whistler DR Roanoke, VA Discover a private 3.19 acre retreat just minutes from town with this beautiful 4 bedroom ...	4 beds \| 2 baths \| 2,288 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: 4.21%
5116 Meadow Creek DR Roanoke, VA Discover this fantastic family home located in the highly sought-after Meadow Creek subdiv...	4 beds \| 4 baths \| 2,669 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 3.38%
2147 Bridle Ln Roanoke, VA Spacious and well-maintained, this 4-bedroom, 3-bath home offers 2,453 finished square fee...	4 beds \| 3 baths \| 2,856 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 4.88%
1613 LOUDON AVE NW Roanoke, VA Discover an excellent investment opportunity or the perfect house-hacking setup at 1613 Lo...	N/A beds \| N/A baths \| N/A	$189,950	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.62% Airbnb Rental Income: $702 Traditional Rental Income: $1058 Airbnb ROI: -0.04% Traditional ROI: 3.62%
1624 24th ST NE Roanoke, VA Be sure to not scroll by this home in mint condition just built in 2023 and filled with im...	3 beds \| 3 baths \| 1,680 sq.ft.	$269,950	Airbnb cash on cash: -0.88% Traditional cash on cash: 4.9% Airbnb Rental Income: $739 Traditional Rental Income: $1897 Airbnb ROI: -0.88% Traditional ROI: 4.9%
1156 Montrose AVE SE Roanoke, VA Welcome to this updated 2 bedroom, 1 bath ranch style home situated on a corner lot. This ...	2 beds \| 1 baths \| 780 sq.ft.	$162,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.14% Airbnb Rental Income: $1031 Traditional Rental Income: $1218 Airbnb ROI: 1.6% Traditional ROI: 5.14%
8286 Cardington Dr Roanoke, VA Beautiful brick home featuring 4 bedrooms and 3.5 baths, nestled on a quiet cul-de-sac. Th...	4 beds \| 3 baths \| 3,100 sq.ft.	$587,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $3272 Airbnb ROI: N/A Traditional ROI: 4.11%
3015 KENNEDY ST NE Roanoke, VA Your move-in-ready gem awaits! Tucked in a convenient Northeast Roanoke neighborhood, thi...	3 beds \| 2 baths \| 1,318 sq.ft.	$229,950	Airbnb cash on cash: -0.7% Traditional cash on cash: 6.16% Airbnb Rental Income: $632 Traditional Rental Income: $1829 Airbnb ROI: -0.7% Traditional ROI: 6.16%
143 LENOX CIR Roanoke, VA Discover this beautifully updated and remodeled home at 143 Lenox Circle, Roanoke, VA 2401...	3 beds \| 2 baths \| 1,934 sq.ft.	$324,950	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.39% Airbnb Rental Income: $865 Traditional Rental Income: $1928 Airbnb ROI: -0.18% Traditional ROI: 4.39%
509 Mountain AVE SW Roanoke, VA Timeless charm meets modern comfort is this 1919 Victorian Gem! Classic elegance and perio...	3 beds \| 2 baths \| 1,350 sq.ft.	$314,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.39% Airbnb Rental Income: $1097 Traditional Rental Income: $1767 Airbnb ROI: 0.87% Traditional ROI: 4.39%
1114 LAFAYETTE BLVD NW Roanoke, VA This turnkey investment property is a fantastic opportunity for house hacking or rental in...	N/A beds \| N/A baths \| N/A	$176,450	Airbnb cash on cash: 2.07% Traditional cash on cash: 6.38% Airbnb Rental Income: $1078 Traditional Rental Income: $1434 Airbnb ROI: 2.07% Traditional ROI: 6.38%
3938 VIRGINIA AVE NW Roanoke, VA MOVE IN READY! FRESHLY PAINTED AND REPLACEMENT WINDOWS. NEW LVP FLOORS - FORCED AIR GAS HE...	3 beds \| 1 baths \| 1,350 sq.ft.	$130,950	Airbnb cash on cash: 7.31% Traditional cash on cash: 9.16% Airbnb Rental Income: $1699 Traditional Rental Income: $1460 Airbnb ROI: 7.31% Traditional ROI: 9.16%
1735 20th ST NE Roanoke, VA Ready to fall in love with your next home? This beautifully renovated 3-bedroom, 1-bath ge...	3 beds \| 1 baths \| 1,224 sq.ft.	$215,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.61% Airbnb Rental Income: $632 Traditional Rental Income: $1066 Airbnb ROI: -0.97% Traditional ROI: 2.61%
8717 Little Hoop Rd Roanoke, VA Discover the Maintenance-free lifestyle you deserve in this Roanoke County townhome, ideal...	2 beds \| 2 baths \| 1,544 sq.ft.	$269,950	Airbnb cash on cash: -0.95% Traditional cash on cash: 5.32% Airbnb Rental Income: $1004 Traditional Rental Income: $2244 Airbnb ROI: -0.95% Traditional ROI: 5.32%
3 14Th ST SW Roanoke, VA Step into easy, one‑level living with this well‑maintained home offering 2 bed...	2 beds \| 1 baths \| 780 sq.ft.	$140,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.62% Airbnb Rental Income: $1197 Traditional Rental Income: $870 Airbnb ROI: 3.17% Traditional ROI: 3.62%
3776 Buck Mountain RD Roanoke, VA Modern amenities old time space and charm . Large private lot across from the Blue Ridge p...	4 beds \| 3 baths \| 1,502 sq.ft.	$260,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2134 Airbnb ROI: N/A Traditional ROI: 6.6%
7915 Lanasey DR Roanoke, VA Welcome to this beautifully updated 5-bedroom, 3.5-bath home offering exceptional space an...	5 beds \| 4 baths \| 3,208 sq.ft.	$494,950	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.63% Airbnb Rental Income: $1498 Traditional Rental Income: $3124 Airbnb ROI: 0.17% Traditional ROI: 4.63%
535 MADISON AVE NW Roanoke, VA TAKE A LOOK AT THIS NICE 2 STORY HOME, 4 BED, 1 BATH. NEWLY REFINISHED HARDWOOD FLOORS. FR...	4 beds \| 1 baths \| 1,778 sq.ft.	$164,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 7.85%
5885 Bent Mountain RD Roanoke, VA Welcome to this expansive all-brick ranch nestled on 4.87 private, wooded acres with seaso...	5 beds \| 4 baths \| 4,078 sq.ft.	$649,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $4508 Airbnb ROI: N/A Traditional ROI: 5.34%
7919 Shadwell Dr Roanoke, VA Check out the fantastic kitchen in this recently completed renovation! Wonderful open flo...	3 beds \| 3 baths \| 1,850 sq.ft.	$599,950	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.12% Airbnb Rental Income: $865 Traditional Rental Income: $2087 Airbnb ROI: -0.66% Traditional ROI: 2.12%
611 Stewart AVE SE Roanoke, VA Don't miss the chance to secure a solid investment with stable cash flow and good cap rate...	1 beds \| 1 baths \| N/A	$234,500	Airbnb cash on cash: 6.93% Traditional cash on cash: 5.02% Airbnb Rental Income: $2637 Traditional Rental Income: $1584 Airbnb ROI: 6.93% Traditional ROI: 5.02%

Real Estate investment in Roanoke, VA

There are 226 properties for sale in the city of Roanoke . The median list price in Roanoke is $324,750 and the average price per square foot is $173. In February 2026, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,087.

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

There are 226 investment properties available for sale in Roanoke.

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

The ROI for Short-Term is higher than the Long-Term in Roanoke with average rental income of $882.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, VA

901 Walhalla Ct

Roanoke, VA

3 beds | 2 baths | 2,121 sq.ft.

$449,950

Airbnb cash on cash: -1.37%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $739

Traditional Rental Income: $1832

Airbnb ROI: -1.37%

Traditional ROI: 1.97%

4631 Heather DR SW #209

Roanoke, VA

2 beds | 2 baths | 1,844 sq.ft.

$279,950

Airbnb cash on cash: -1.65%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $982

Traditional Rental Income: $1510

Airbnb ROI: -1.65%

Traditional ROI: 1.69%

3232 Allendale ST SW

Roanoke, VA

3 beds | 3 baths | 2,361 sq.ft.

$674,950

Airbnb cash on cash: -1.31%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $861

Traditional Rental Income: $2608

Airbnb ROI: -1.31%

Traditional ROI: 1.99%

4760 Lantern ST

Roanoke, VA

3 beds | 2 baths | 1,647 sq.ft.

$305,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1227

Traditional Rental Income: $2058

Airbnb ROI: 0.77%

Traditional ROI: 5.04%

839 Summerdean AVE

Roanoke, VA

3 beds | 2 baths | 1,214 sq.ft.

$325,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $739

Traditional Rental Income: $1903

Airbnb ROI: -0.65%

Traditional ROI: 4.18%

2819 Kennedy ST NE

Roanoke, VA

3 beds | 1 baths | 1,248 sq.ft.

$229,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $632

Traditional Rental Income: $1545

Airbnb ROI: -0.9%

Traditional ROI: 4.68%

5717 Fieldview DR

Roanoke, VA

4 beds | 4 baths | 2,942 sq.ft.

$449,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $3115

Airbnb ROI: N/A

Traditional ROI: 5.31%

5613 Midway Dr

Roanoke, VA

3 beds | 2 baths | 1,508 sq.ft.

$389,900

Airbnb cash on cash: -0.69%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $757

Traditional Rental Income: $1829

Airbnb ROI: -0.69%