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%
210 ALUM SPRINGS Rd Lexington, VA This charming 3-bedroom, 2-bath home in The Fairwinds subdivision offers convenient walkin...	3 beds \| 2 baths \| 1,200 sq.ft.	$299,700	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.85% Airbnb Rental Income: $2116 Traditional Rental Income: $2196 Airbnb ROI: 3.65% Traditional ROI: 5.85%
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%
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%
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.	$385,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 6.38% Airbnb Rental Income: $2116 Traditional Rental Income: $2943 Airbnb ROI: 2.59% Traditional ROI: 6.38%
8 Woodduck RD Lexington, VA Welcome to a Quiet, Lovely Property located on a Cul-De-Sac Street in BirdfieldSubdivision...	4 beds \| 2 baths \| N/A	$375,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 6.01% Airbnb Rental Income: $2409 Traditional Rental Income: $2734 Airbnb ROI: 3.41% Traditional ROI: 6.01%
203 Fuller St Lexington, VA Charming 2-bedroom, 1-bath cottage now available in downtown Lexington. This unique and co...	2 beds \| 1 baths \| 504 sq.ft.	$174,900	Airbnb cash on cash: 5.76% Traditional cash on cash: 8.43% Airbnb Rental Income: $1793 Traditional Rental Income: $1749 Airbnb ROI: 5.76% Traditional ROI: 8.43%
1670 Forge RD Lexington, VA Don't miss this move-in ready home with stunning mountain views. set on over 5 acres of be...	4 beds \| 3 baths \| 2,555 sq.ft.	$695,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.99% Airbnb Rental Income: $2409 Traditional Rental Income: $2979 Airbnb ROI: 1.2% Traditional ROI: 2.99%
271 New Cameron DR Lexington, VA Welcome to 271 New Cameron Drive, a bright and airy 4-bedroom, 2.5-bath home in desirable ...	4 beds \| 3 baths \| 2,268 sq.ft.	$465,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.14% Airbnb Rental Income: $2409 Traditional Rental Income: $2986 Airbnb ROI: 2.46% Traditional ROI: 5.14%
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.	$399,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.88% Airbnb Rental Income: $2116 Traditional Rental Income: $2872 Airbnb ROI: 2.41% Traditional ROI: 5.88%
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%
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.	$295,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 4.06% Airbnb Rental Income: $2116 Traditional Rental Income: $1633 Airbnb ROI: 3.85% Traditional ROI: 4.06%
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%
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%
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%
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.	$398,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 2.68% Airbnb Rental Income: $1793 Traditional Rental Income: $1633 Airbnb ROI: 1.8% Traditional ROI: 2.68%
741 Furrs Mill Rd Lexington, VA High above and overlooking the Maury River stands this stately brick home on a full walkou...	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%
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%
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.	$439,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 4.35% Airbnb Rental Income: $2116 Traditional Rental Income: $2579 Airbnb ROI: 1.91% Traditional ROI: 4.35%
1645 North Lee Highway Lexington, VA Step into a world where modern luxury meets hands-on craftsmanship in this fully remodeled...	3 beds \| 3 baths \| 1,488 sq.ft.	$365,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 5.12% Airbnb Rental Income: $2116 Traditional Rental Income: $2321 Airbnb ROI: 2.94% Traditional ROI: 5.12%
33 Edgewood Dr Lexington, VA Welcome to 33 Edgewood Drive, a beautifully maintained 4 bedroom, 3.5 bath residence nestl...	4 beds \| 4 baths \| 5,208 sq.ft.	$669,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.24% Airbnb Rental Income: $2409 Traditional Rental Income: $3674 Airbnb ROI: 1.26% Traditional ROI: 4.24%
158 Forest Hill View Lexington, VA Experience elegance and quality in this beautiful home situated on 3.75 private acres. Fo...	3 beds \| 4 baths \| 3,406 sq.ft.	$769,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.91% Airbnb Rental Income: $2116 Traditional Rental Income: $3310 Airbnb ROI: 0.49% Traditional ROI: 2.91%
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: 1.48% Traditional cash on cash: 4.19% Airbnb Rental Income: $2116 Traditional Rental Income: $2691 Airbnb ROI: 1.48% Traditional ROI: 4.19%
2068 N Lee Highway Lexington, VA This well-built brick Cape Cod offers the perfect blend of classic charm and modern conven...	3 beds \| 1 baths \| 1,742 sq.ft.	$219,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 7.84% Airbnb Rental Income: $2116 Traditional Rental Income: $2031 Airbnb ROI: 5.64% Traditional ROI: 7.84%
327 Spring Farm Rd Lexington, VA Welcome to 327 Spring Farm Rd, an exceptional property just 10 minutes from Lexington. Set...	3 beds \| 3 baths \| 4,136 sq.ft.	$1,035,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.51% Airbnb Rental Income: $2116 Traditional Rental Income: $3021 Airbnb ROI: 0.01% Traditional ROI: 1.51%
Lot 113 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: 3.25% Traditional cash on cash: 5.96% Airbnb Rental Income: $2409 Traditional Rental Income: $2842 Airbnb ROI: 3.25% Traditional ROI: 5.96%
Lot 101 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: 3.25% Traditional cash on cash: 6.1% Airbnb Rental Income: $2409 Traditional Rental Income: $2895 Airbnb ROI: 3.25% Traditional ROI: 6.1%
LOT 114 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: 2.79% Traditional cash on cash: 5.56% Airbnb Rental Income: $2116 Traditional Rental Income: $2569 Airbnb ROI: 2.79% Traditional ROI: 5.56%
Lot 115 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: 3.25% Traditional cash on cash: 6.1% Airbnb Rental Income: $2409 Traditional Rental Income: $2895 Airbnb ROI: 3.25% Traditional ROI: 6.1%
51 THOROUGHBRED CIR Lexington, VA Welcome to this charming 3-bedroom, 2-bath home that perfectly blends comfort, potential, ...	3 beds \| 2 baths \| 1,220 sq.ft.	$354,999	Airbnb cash on cash: 3% Traditional cash on cash: 4.88% Airbnb Rental Income: $2116 Traditional Rental Income: $2203 Airbnb ROI: 3% Traditional ROI: 4.88%
50 Lock Raven Ln Lexington, VA Enjoy fantastic mountain views from the deck of this three bedroom, two bathroom home. Si...	3 beds \| 2 baths \| 2,580 sq.ft.	$379,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 5.32% Airbnb Rental Income: $2116 Traditional Rental Income: $2508 Airbnb ROI: 2.69% Traditional ROI: 5.32%
220 East Ridge Dr Lexington, VA Custom residence offers a high-end one-level living experience privately tucked away in a ...	3 beds \| 3 baths \| 2,845 sq.ft.	$550,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.91% Airbnb Rental Income: $2116 Traditional Rental Income: $2929 Airbnb ROI: 1.28% Traditional ROI: 3.91%
281 New Cameron DR Lexington, VA This 4 bedroom, 2.5 bathroom home offers a modern, open floor plan, airy kitchen and main ...	4 beds \| 3 baths \| 1,766 sq.ft.	$435,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 4.87% Airbnb Rental Income: $2409 Traditional Rental Income: $2699 Airbnb ROI: 2.71% Traditional ROI: 4.87%
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%
18 Jordan St Lexington, VA Welcome to 18 Jordan Street, a charming 1913 home in one of Lexington's most sought-after ...	4 beds \| 3 baths \| 2,620 sq.ft.	$759,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.2% Airbnb Rental Income: $2409 Traditional Rental Income: $3511 Airbnb ROI: 0.81% Traditional ROI: 3.2%
109 Rebel Ridge Rd Lexington, VA Serenity and sustainability await you in the city limits! Offering quick access to the Woo...	4 beds \| 3 baths \| 2,784 sq.ft.	$469,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 6.06% Airbnb Rental Income: $2409 Traditional Rental Income: $3472 Airbnb ROI: 2.29% Traditional ROI: 6.06%

Real Estate investment in Lexington, VA

There are 64 properties for sale in the city of Lexington . The median list price in Lexington is $399,000 and the average price per square foot is $183. In October 2025, the average monthly cash on cash return in Lexington is 5.00%. The average monthly rental income in Lexington is $2,637.

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

There are 64 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 $2,637.

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%

210 ALUM SPRINGS Rd

Lexington, VA

3 beds | 2 baths | 1,200 sq.ft.

$299,700

Airbnb cash on cash: 3.65%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $2116

Traditional Rental Income: $2196

Airbnb ROI: 3.65%

Traditional ROI: 5.85%

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%

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%

145 Thoroughbred Cir

Lexington, VA

3 beds | 4 baths | 2,271 sq.ft.

$385,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 6.38%

Airbnb Rental Income: $2116

Traditional Rental Income: $2943

Airbnb ROI: 2.59%

Traditional ROI: 6.38%

8 Woodduck RD

Lexington, VA

4 beds | 2 baths | N/A

$375,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $2409

Traditional Rental Income: $2734

Airbnb ROI: 3.41%

Traditional ROI: 6.01%

203 Fuller St

Lexington, VA

2 beds | 1 baths | 504 sq.ft.

$174,900

Airbnb cash on cash: 5.76%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $1793

Traditional Rental Income: $1749

Airbnb ROI: 5.76%

Traditional ROI: 8.43%

1670 Forge RD

Lexington, VA

4 beds | 3 baths | 2,555 sq.ft.

$695,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $2409

Traditional Rental Income: $2979

Airbnb ROI: 1.2%