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 Dr 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.	$359,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 6.02% Airbnb Rental Income: $566 Traditional Rental Income: $2729 Airbnb ROI: -1.24% Traditional ROI: 6.02%
92 Gladeville Hts Galax, VA This charming 3-bed, 2-bath brick ranch offers the perfect blend of privacy and convenienc...	3 beds \| 2 baths \| 1,823 sq.ft.	$239,500	Airbnb cash on cash: -0.56% Traditional cash on cash: 6.22% Airbnb Rental Income: $566 Traditional Rental Income: $1819 Airbnb ROI: -0.56% Traditional ROI: 6.22%
139 Pine Mountain Dr Galax, VA Absolutely stunning one of a kind custom built home in carroll county with breathtaking vi...	3 beds \| 3 baths \| 3,938 sq.ft.	$549,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.81% Airbnb Rental Income: $566 Traditional Rental Income: $3221 Airbnb ROI: -0.92% Traditional ROI: 4.81%
8075 Pipers Gap Rd Galax, VA 8075 Pipers Gap Rd, Galax, VA 24333 \| Single Family Residential	2 beds \| 1 baths \| 966 sq.ft.	$159,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 6.01% Airbnb Rental Income: $662 Traditional Rental Income: $1287 Airbnb ROI: -0.04% Traditional ROI: 6.01%
164 Windswept Ln Galax, VA Blue Ridge Parkway address! Custom built home is all about million dollar VIEWS & PRIVACY....	3 beds \| 3 baths \| 2,893 sq.ft.	$598,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 3.57% Airbnb Rental Income: $566 Traditional Rental Income: $3101 Airbnb ROI: -1.48% Traditional ROI: 3.57%
298 Link Rd Galax, VA Beautiful Mini Farm located in Grayson County with 20.47 acres of land. New fencing, water...	3 beds \| 1 baths \| 987 sq.ft.	$450,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.76% Airbnb Rental Income: $566 Traditional Rental Income: $1772 Airbnb ROI: -0.77% Traditional ROI: 2.76%
128 Armory Rd Galax, VA Great Location! Check out this cape cod style home located in the city limits of Galax. Th...	3 beds \| 2 baths \| 1,584 sq.ft.	$225,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 7.71% Airbnb Rental Income: $566 Traditional Rental Income: $2122 Airbnb ROI: -0.92% Traditional ROI: 7.71%
105 Greenhaven Dr Galax, VA Take a look at this beautiful spacious home located in Galax! There has been a lot of remo...	3 beds \| 2 baths \| 2,471 sq.ft.	$289,500	Airbnb cash on cash: -0.63% Traditional cash on cash: 7.1% Airbnb Rental Income: $566 Traditional Rental Income: $2389 Airbnb ROI: -0.63% Traditional ROI: 7.1%
701 Lincoln Rd Galax, VA Escape to the Blue Ridge Mountains with this 3-bedroom, 1.5-bath ranch home set on nearly ...	3 beds \| 1 baths \| 1,560 sq.ft.	$235,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 8.44% Airbnb Rental Income: $566 Traditional Rental Income: $2273 Airbnb ROI: -0.51% Traditional ROI: 8.44%
514 Chestnut Dr Galax, VA Fixer Upper, great deal on this secluded 4 bedroom, 3 full bath, ranch home on 2.86 +/- tu...	4 beds \| 3 baths \| 1,456 sq.ft.	$219,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 9.23% Airbnb Rental Income: $786 Traditional Rental Income: $2393 Airbnb ROI: -0.02% Traditional ROI: 9.23%
377 Tower Rd Galax, VA WOW WHAT A VIEW! Stunning 4 bedroom 3 bath home on a gorgegous 2.6 acre lot with amazing v...	4 beds \| 3 baths \| 3,616 sq.ft.	$349,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 7.45% Airbnb Rental Income: $786 Traditional Rental Income: $3129 Airbnb ROI: -0.67% Traditional ROI: 7.45%
224 Waugh Dr Galax, VA Welcome to this beautifully maintained ranch home in the heart of Galax, just minutes from...	4 beds \| 3 baths \| 1,569 sq.ft.	$244,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 7.37% Airbnb Rental Income: $786 Traditional Rental Income: $2170 Airbnb ROI: 0.01% Traditional ROI: 7.37%
714 Justice Rd Galax, VA Rare opportunity to own a move-in ready brick ranch with natural spring fed well, a metal ...	3 beds \| 1 baths \| 2,093 sq.ft.	$255,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.64% Airbnb Rental Income: $566 Traditional Rental Income: $1759 Airbnb ROI: -0.49% Traditional ROI: 5.64%
122 Armory Rd Galax, VA Welcome to this move-in ready 3 bedroom 2 full bath home in a convenient neighborhood in t...	3 beds \| 2 baths \| 2,732 sq.ft.	$259,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.14% Airbnb Rental Income: $566 Traditional Rental Income: $1204 Airbnb ROI: -0.62% Traditional ROI: 3.14%
310 W Washington St Galax, VA Well-maintained multi-use home located in the city limits of Galax. This historic home has...	4 beds \| 3 baths \| 2,229 sq.ft.	$240,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 11.54% Airbnb Rental Income: $786 Traditional Rental Income: $2998 Airbnb ROI: 0.37% Traditional ROI: 11.54%
154 Cement Dr Galax, VA If you're looking for space, privacy, and potential, this property in Galax is full of opp...	2 beds \| 1 baths \| 1,316 sq.ft.	$194,999	Airbnb cash on cash: -0.07% Traditional cash on cash: 7.4% Airbnb Rental Income: $662 Traditional Rental Income: $1746 Airbnb ROI: -0.07% Traditional ROI: 7.4%
237 Wildwood Ln Galax, VA Spacious 4 bedroom, 3 bath brick ranch home located just outside Galax at the end of a qui...	4 beds \| 3 baths \| 2,042 sq.ft.	$273,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.52% Airbnb Rental Income: $786 Traditional Rental Income: $1841 Airbnb ROI: 0.2% Traditional ROI: 5.52%
108 Morris St Galax, VA Recently Remodeled one level living in this 4 bedroom 1.5 bathroom home in the City of Ga...	4 beds \| 1 baths \| 1,579 sq.ft.	$257,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 6.74% Airbnb Rental Income: $786 Traditional Rental Income: $2069 Airbnb ROI: 0.13% Traditional ROI: 6.74%
1291 Pipers Gap Rd Galax, VA Welcome to this beautiful property just outside of Galax! This well-maintained 2-bed, 2-ba...	2 beds \| 2 baths \| 952 sq.ft.	$179,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 9.06% Airbnb Rental Income: $662 Traditional Rental Income: $1852 Airbnb ROI: 0.32% Traditional ROI: 9.06%
99 Moore Ln Galax, VA This brand new 3 bed, 2 bath modern farmhouse is ready for its first owners! Situated on 0...	3 beds \| 2 baths \| 1,500 sq.ft.	$379,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 6.11% Airbnb Rental Income: $566 Traditional Rental Income: $2647 Airbnb ROI: -0.52% Traditional ROI: 6.11%
1017 Cranberry Rd Galax, VA BRAND NEW CONSTRUCTION!! All on one level living three bedroom two full bathroom home that...	3 beds \| 2 baths \| 1,820 sq.ft.	$329,900	Airbnb cash on cash: -0.74% Traditional cash on cash: 6.5% Airbnb Rental Income: $566 Traditional Rental Income: $2526 Airbnb ROI: -0.74% Traditional ROI: 6.5%
1135 S Main St Galax, VA This 3-bedroom, 1-bath, 1,375 sq ft brick ranch sits just outside downtown Galax on South ...	3 beds \| 1 baths \| 1,375 sq.ft.	$175,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 9.09% Airbnb Rental Income: $566 Traditional Rental Income: $1905 Airbnb ROI: -0.64% Traditional ROI: 9.09%
307 Grayson St Galax, VA Charm and Character is what you will find in this three bedroom three bathroom home locate...	3 beds \| 3 baths \| 2,873 sq.ft.	$337,500	Airbnb cash on cash: -1.07% Traditional cash on cash: 8.87% Airbnb Rental Income: $566 Traditional Rental Income: $3436 Airbnb ROI: -1.07% Traditional ROI: 8.87%
24 Fairway Vlg Galax, VA Welcome to 24 Fairway Village, an exceptional 5-bedroom, 4-bathroom home ideally positione...	5 beds \| 3 baths \| 3,674 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $3163 Airbnb ROI: N/A Traditional ROI: 3.95%
195 Doe Ridge Ln Galax, VA This beautiful 3-bedroom, 2-bath home built in 2024 sits on approximately 7 acres and offe...	3 beds \| 2 baths \| 1,580 sq.ft.	$379,500	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.73% Airbnb Rental Income: $566 Traditional Rental Income: $2267 Airbnb ROI: -0.85% Traditional ROI: 4.73%
201 W Webster St Galax, VA 201 W Webster St, Galax, VA 24333 \| Single Family Residential	4 beds \| 2 baths \| 2,330 sq.ft.	$375,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 4.24% Airbnb Rental Income: $786 Traditional Rental Income: $2222 Airbnb ROI: -0.75% Traditional ROI: 4.24%
1185 Dixon Rd Galax, VA Escape to your own private getaway with this cozy 2-bedroom, 1-bath cabin perfectly situat...	2 beds \| 1 baths \| 1,056 sq.ft.	$474,999	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.45% Airbnb Rental Income: $662 Traditional Rental Income: $1254 Airbnb ROI: -0.55% Traditional ROI: 1.45%
103 Caldwell St Galax, VA 103 Caldwell St, Galax, VA 24333 \| Single Family Residential	3 beds \| 1 baths \| 1,333 sq.ft.	$229,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 6.51% Airbnb Rental Income: $566 Traditional Rental Income: $1895 Airbnb ROI: -0.94% Traditional ROI: 6.51%
1840 Longview Ln Galax, VA 1840 Longview Ln, Galax, VA 24333 \| Manufactured Home	6 beds \| 4 baths \| 3,581 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $3255 Airbnb ROI: N/A Traditional ROI: 5.23%
910 Glendale Rd Galax, VA This gorgeous property is being offered with 3.5 acres or as many as 240 acres! A custom b...	4 beds \| 4 baths \| 5,853 sq.ft.	$1,250,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.5% Airbnb Rental Income: $786 Traditional Rental Income: $6045 Airbnb ROI: -1.3% Traditional ROI: 3.5%
542 Chestnut Falls Ln Galax, VA 542 Chestnut Falls Ln, Galax, VA 24333 \| Single Family Residential	2 beds \| 3 baths \| 2,136 sq.ft.	$489,500	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.88% Airbnb Rental Income: $662 Traditional Rental Income: $2274 Airbnb ROI: -1.29% Traditional ROI: 2.88%
409 River Place Ln #20 Galax, VA 409 River Place Ln #20, Galax, VA 24333 \| Other	N/A beds \| N/A baths \| N/A	$269,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 1.65% Airbnb Rental Income: $395 Traditional Rental Income: $971 Airbnb ROI: -1.63% Traditional ROI: 1.65%
2330 Edmonds Rd #46 Galax, VA 2330 Edmonds Rd #46, Galax, VA 24333 \| Other	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: -1.79% Traditional cash on cash: 2.07% Airbnb Rental Income: $395 Traditional Rental Income: $836 Airbnb ROI: -1.79% Traditional ROI: 2.07%
TBD Gambetta Rd #7 Galax, VA TBD Gambetta Rd #7, Galax, VA 24333 \| Other	N/A beds \| N/A baths \| N/A	$144,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 4.37% Airbnb Rental Income: $395 Traditional Rental Income: $951 Airbnb ROI: -1.47% Traditional ROI: 4.37%
TBD Gambetta Rd #11 Galax, VA TBD Gambetta Rd #11, Galax, VA 24333 \| Other	N/A beds \| N/A baths \| 1,494 sq.ft.	$138,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 7.93% Airbnb Rental Income: $395 Traditional Rental Income: $1382 Airbnb ROI: -1.45% Traditional ROI: 7.93%
114 Frazier Rd Galax, VA Three bedroom one full bath ranch home in the City of Galax. This home features all on one...	3 beds \| 1 baths \| 1,229 sq.ft.	$149,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 10.27% Airbnb Rental Income: $566 Traditional Rental Income: $1806 Airbnb ROI: -0.35% Traditional ROI: 10.27%
2093 Gambetta Rd Galax, VA Escape to your own slice of paradise with this breathtaking log home nestled on 52.45 sere...	3 beds \| 2 baths \| 2,016 sq.ft.	$550,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.02% Airbnb Rental Income: $566 Traditional Rental Income: $2819 Airbnb ROI: -0.92% Traditional ROI: 4.02%
Lot 2 Old Boyer Ferry Rd Galax, VA Lot 2 Old Boyer Ferry Rd, Galax, VA 24333 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 7.05% Airbnb Rental Income: $395 Traditional Rental Income: $947 Airbnb ROI: -1.32% Traditional ROI: 7.05%

Real Estate investment in Galax, VA

There are 108 properties for sale in the city of Galax . The median list price in Galax is $177,394 and the average price per square foot is $98. In October 2026, the average monthly cash on cash return in Galax is 7.00%. The average monthly rental income in Galax is $1,616.

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

There are 108 investment properties available for sale in Galax.

In 2026, 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 $1,616.

Your search for investment property begins and ends here

Investment Property for Sale in Galax, VA

102 Carriage Dr

Galax, VA

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

$359,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $566

Traditional Rental Income: $2729

Airbnb ROI: -1.24%

Traditional ROI: 6.02%

92 Gladeville Hts

Galax, VA

3 beds | 2 baths | 1,823 sq.ft.

$239,500

Airbnb cash on cash: -0.56%

Traditional cash on cash: 6.22%

Airbnb Rental Income: $566

Traditional Rental Income: $1819

Airbnb ROI: -0.56%

Traditional ROI: 6.22%

139 Pine Mountain Dr

Galax, VA

3 beds | 3 baths | 3,938 sq.ft.

$549,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $566

Traditional Rental Income: $3221

Airbnb ROI: -0.92%

Traditional ROI: 4.81%

8075 Pipers Gap Rd

Galax, VA

2 beds | 1 baths | 966 sq.ft.

$159,900

Airbnb cash on cash: -0.04%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $662

Traditional Rental Income: $1287

Airbnb ROI: -0.04%

Traditional ROI: 6.01%

164 Windswept Ln

Galax, VA

3 beds | 3 baths | 2,893 sq.ft.

$598,000

Airbnb cash on cash: -1.48%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $566

Traditional Rental Income: $3101

Airbnb ROI: -1.48%

Traditional ROI: 3.57%

298 Link Rd

Galax, VA

3 beds | 1 baths | 987 sq.ft.

$450,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $566

Traditional Rental Income: $1772

Airbnb ROI: -0.77%

Traditional ROI: 2.76%

128 Armory Rd

Galax, VA

3 beds | 2 baths | 1,584 sq.ft.

$225,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 7.71%

Airbnb Rental Income: $566

Traditional Rental Income: $2122

Airbnb ROI: -0.92%

Traditional ROI: 7.71%

105 Greenhaven Dr

Galax, VA

3 beds | 2 baths | 2,471 sq.ft.

$289,500

Airbnb cash on cash: -0.63%

Traditional cash on cash: 7.1%

Airbnb Rental Income: $566

Traditional Rental Income: $2389

Airbnb ROI: -0.63%