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: -0.56% Traditional cash on cash: 1.1% Airbnb Rental Income: $1499 Traditional Rental Income: $2908 Airbnb ROI: -0.56% Traditional ROI: 1.1%
2 Hamric St Lexington, VA Offered for sale is this move in ready, contemporary home, located at the end of a quiet c...	3 beds \| 2 baths \| 1,456 sq.ft.	$359,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.42% Airbnb Rental Income: $1499 Traditional Rental Income: $2500 Airbnb ROI: 1.15% Traditional ROI: 5.42%
150 Forest Hill View Lexington, VA Privately situated only 5 minutes from Lexington, this custom built home with Xfinity cabl...	3 beds \| 5 baths \| 4,451 sq.ft.	$890,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.86% Airbnb Rental Income: $1499 Traditional Rental Income: $4521 Airbnb ROI: -0.32% Traditional ROI: 3.86%
905 Thornhill Rd Lexington, VA This 1900's Cape Code home has been meticulously maintained, offering timeless style with ...	3 beds \| 2 baths \| 2,594 sq.ft.	$725,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.31% Airbnb Rental Income: $1499 Traditional Rental Income: $2753 Airbnb ROI: -0.2% Traditional ROI: 2.31%
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: 1.19% Traditional cash on cash: 6.47% Airbnb Rental Income: $1499 Traditional Rental Income: $2943 Airbnb ROI: 1.19% 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.	$290,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 7.5% Airbnb Rental Income: $1819 Traditional Rental Income: $2567 Airbnb ROI: 2.96% Traditional ROI: 7.5%
1670 Forge RD Lexington, VA THIS LOCATION QUALIFIES FOR USDA 100% FINANCE PROGRAM!!! Looking to enjoy all Lexington ha...	4 beds \| 3 baths \| 2,555 sq.ft.	$675,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.11% Airbnb Rental Income: $1819 Traditional Rental Income: $2979 Airbnb ROI: 0.48% Traditional ROI: 3.11%
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: 1.04% Traditional cash on cash: 5.88% Airbnb Rental Income: $1499 Traditional Rental Income: $2872 Airbnb ROI: 1.04% 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.	$210,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 7.98% Airbnb Rental Income: $1412 Traditional Rental Income: $1976 Airbnb ROI: 3.01% Traditional ROI: 7.98%
9 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	3 beds \| 2 baths \| 1,500 sq.ft.	$345,890	Airbnb cash on cash: 1.61% Traditional cash on cash: 5.72% Airbnb Rental Income: $1499 Traditional Rental Income: $2396 Airbnb ROI: 1.61% Traditional ROI: 5.72%
17 NEW CAMERON DR Lexington, VA Stately Solid Brick Stunner! That's the best way to describe this brick beauty located nex...	4 beds \| 4 baths \| N/A	$639,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.84% Airbnb Rental Income: $1819 Traditional Rental Income: $3278 Airbnb ROI: 0.57% Traditional ROI: 3.84%
Lot 34 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.	$445,890	Airbnb cash on cash: 2.26% Traditional cash on cash: 5.87% Airbnb Rental Income: $2134 Traditional Rental Income: $3100 Airbnb ROI: 2.26% Traditional ROI: 5.87%
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: 0.48% Traditional cash on cash: 4.24% Airbnb Rental Income: $1819 Traditional Rental Income: $3674 Airbnb ROI: 0.48% Traditional ROI: 4.24%
43 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.	$342,790	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.78% Airbnb Rental Income: $1412 Traditional Rental Income: $2396 Airbnb ROI: 1.41% Traditional ROI: 5.78%
41 FLORENCE SARAH LN Lexington, VA The Severn is a beautifully designed duplex-style home that offers 1,500 square feet of th...	3 beds \| 2 baths \| 1,500 sq.ft.	$349,990	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.64% Airbnb Rental Income: $1499 Traditional Rental Income: $2396 Airbnb ROI: 1.58% Traditional ROI: 5.64%
Lot 90 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: 2.23% Traditional cash on cash: 5.9% Airbnb Rental Income: $2134 Traditional Rental Income: $3131 Airbnb ROI: 2.23% Traditional ROI: 5.9%
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.	$199,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 8.67% Airbnb Rental Income: $1499 Traditional Rental Income: $2031 Airbnb ROI: 3.55% Traditional ROI: 8.67%
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: -0.53% Traditional cash on cash: 1.51% Airbnb Rental Income: $1499 Traditional Rental Income: $3021 Airbnb ROI: -0.53% Traditional ROI: 1.51%
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: 1.95% Traditional cash on cash: 5.96% Airbnb Rental Income: $1819 Traditional Rental Income: $2842 Airbnb ROI: 1.95% 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: 1.95% Traditional cash on cash: 6.1% Airbnb Rental Income: $1819 Traditional Rental Income: $2895 Airbnb ROI: 1.95% Traditional ROI: 6.1%
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: 1.36% Traditional cash on cash: 5.56% Airbnb Rental Income: $1499 Traditional Rental Income: $2569 Airbnb ROI: 1.36% 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: 1.95% Traditional cash on cash: 6.1% Airbnb Rental Income: $1819 Traditional Rental Income: $2895 Airbnb ROI: 1.95% Traditional ROI: 6.1%
Lot 120 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.	$395,890	Airbnb cash on cash: 2% Traditional cash on cash: 6.24% Airbnb Rental Income: $1819 Traditional Rental Income: $2899 Airbnb ROI: 2% Traditional ROI: 6.24%
LOT 121 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.	$386,990	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.44% Airbnb Rental Income: $1499 Traditional Rental Income: $2550 Airbnb ROI: 1.34% Traditional ROI: 5.44%
1111 Bethany Rd Lexington, VA Ready to homestead on 19 acres in an 1800's home, this is it! A fantastic opportunity to ...	3 beds \| 2 baths \| 2,245 sq.ft.	$370,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.5% Airbnb Rental Income: $1499 Traditional Rental Income: $2483 Airbnb ROI: 1.41% Traditional ROI: 5.5%
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.	$415,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.12% Airbnb Rental Income: $1412 Traditional Rental Income: $2290 Airbnb ROI: 0.77% Traditional ROI: 4.12%
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.	$739,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.29% Airbnb Rental Income: $1819 Traditional Rental Income: $2560 Airbnb ROI: 0.5% Traditional ROI: 2.29%
Lot 125 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.	$406,790	Airbnb cash on cash: 1.92% Traditional cash on cash: 6.02% Airbnb Rental Income: $1819 Traditional Rental Income: $2889 Airbnb ROI: 1.92% Traditional ROI: 6.02%
LOT 126 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.	$386,790	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.47% Airbnb Rental Income: $1499 Traditional Rental Income: $2560 Airbnb ROI: 1.34% Traditional ROI: 5.47%
43 Stoneview Cir Lexington, VA Single-level living, under 5 minutes from downtown Lexington! This traditional rancher is ...	4 beds \| 3 baths \| 2,832 sq.ft.	$585,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.41% Airbnb Rental Income: $1819 Traditional Rental Income: $3303 Airbnb ROI: 0.8% Traditional ROI: 4.41%
18 MERRYWOOD DR Lexington, VA Step into this thoughtfully updated 3-bedroom, 2-bath home that perfectly blends the charm...	3 beds \| 2 baths \| 1,238 sq.ft.	$299,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 6.29% Airbnb Rental Income: $1499 Traditional Rental Income: $2211 Airbnb ROI: 2.2% Traditional ROI: 6.29%
303 SUMMIT ST Lexington, VA Welcome to this beautifully cared-for gem â a short walk to downtown Lexington, parks, W...	3 beds \| 2 baths \| 1,660 sq.ft.	$349,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.53% Airbnb Rental Income: $1499 Traditional Rental Income: $2397 Airbnb ROI: 1.45% Traditional ROI: 5.53%
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 \| 4 baths \| 3,369 sq.ft.	$825,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.18% Airbnb Rental Income: $1819 Traditional Rental Income: $3682 Airbnb ROI: 0.12% Traditional ROI: 3.18%
41 Southwest View Dr Lexington, VA Under Contract, and seeking backup offers! 5-bedroom, 3-bathroom home located in the very ...	4 beds \| 3 baths \| 2,804 sq.ft.	$295,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 9.93% Airbnb Rental Income: $1819 Traditional Rental Income: $3264 Airbnb ROI: 2.96% Traditional ROI: 9.93%
62 Cliffnell Ln Lexington, VA Showings begin Monday, January 26th. Be ahead of the curve. Cliffnell is located near the ...	4 beds \| 3 baths \| 4,462 sq.ft.	$980,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.14% Airbnb Rental Income: $1819 Traditional Rental Income: $3304 Airbnb ROI: -0.02% Traditional ROI: 2.14%
2 MCCORMICK ST Lexington, VA Fantastic opportunity to buy this classic rancher in a desirable Lexington area! ONE OWNER...	3 beds \| 3 baths \| N/A	$339,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 7.09% Airbnb Rental Income: $1499 Traditional Rental Income: $2912 Airbnb ROI: 1.29% Traditional ROI: 7.09%

Real Estate investment in Lexington, VA

There are 37 properties for sale in the city of Lexington . The median list price in Lexington is $385,000 and the average price per square foot is $164. In January 2026, the average monthly cash on cash return in Lexington is 6.00%. The average monthly rental income in Lexington is $2,881.

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

There are 37 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 $2,881.

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: -0.56%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $1499

Traditional Rental Income: $2908

Airbnb ROI: -0.56%

Traditional ROI: 1.1%

2 Hamric St

Lexington, VA

3 beds | 2 baths | 1,456 sq.ft.

$359,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $1499

Traditional Rental Income: $2500

Airbnb ROI: 1.15%

Traditional ROI: 5.42%

150 Forest Hill View

Lexington, VA

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

$890,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1499

Traditional Rental Income: $4521

Airbnb ROI: -0.32%

Traditional ROI: 3.86%

905 Thornhill Rd

Lexington, VA

3 beds | 2 baths | 2,594 sq.ft.

$725,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $1499

Traditional Rental Income: $2753

Airbnb ROI: -0.2%

Traditional ROI: 2.31%

145 Thoroughbred Cir

Lexington, VA

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

$379,999

Airbnb cash on cash: 1.19%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $1499

Traditional Rental Income: $2943

Airbnb ROI: 1.19%

Traditional ROI: 6.47%

319 N Lewis St

Lexington, VA

4 beds | 2 baths | 1,760 sq.ft.

$290,000

Airbnb cash on cash: 2.96%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1819

Traditional Rental Income: $2567

Airbnb ROI: 2.96%

Traditional ROI: 7.5%

1670 Forge RD

Lexington, VA

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

$675,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1819

Traditional Rental Income: $2979

Airbnb ROI: 0.48%

Traditional ROI: 3.11%

61 EMERALD LN

Lexington, VA

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

$399,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1499

Traditional Rental Income: $2872

Airbnb ROI: 1.04%