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    Galax, VA
    Residential Income

    Galax, VA Residential Income Properties for Sale

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    Fries, VA Woodlawn, VA Independence, VA Ivanhoe, VA Fancy Gap, VA Ennice, NC Lowgap, NC Hillsville, VA
    13 properties
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    Three-Level Downtown Commercial Building
    Updated: Jul 1
    Three-Level Downtown Commercial Building

    105 E Grayson St, Galax, VA 24333

    $350,000
    7,060 sqft
    Approx. 7,110 total SF commercial building with 3 levels and 4,720 SF finished space
    Main level features high ceilings and suitable space for professional or retail uses
    Upper level includes finished office space with natural light and flexible floor plans
    Potential to convert upper level to two 2‑bedroom apartments (per listing remarks)
    Built in 1941 with brick/masonry construction; roof is rolled hot mop
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    Renovated Victorian Duplex with Private Entry
    Updated: Jul 24
    Renovated Victorian Duplex with Private Entry

    201 W Webster, Galax, VA 24333

    $375,000
    2,330 sqft 0.16 AC lot
    1911 Victorian home on a corner lot with metal roof and fenced yard
    Original hardwood floors and tall ceilings with substantial trim work and original paneled doors
    Central air with heat pump HVAC; newer paint and rain gutters
    Public utilities include public water and public sewer; natural gas available
    Duplex potential: upstairs is a newly updated apartment with private entrance, renovated kitchen and brand new bathroom
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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    310 W Washington, Galax, VA 24333

    $240,000
    2,229 sqft 0.20 AC lot

    Historic two-floor duplex features separate HVAC units and independent access for the upstairs apartment.

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    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    115 S Main St, Galax, VA 24333

    $425,000
    4,056 sqft

    Ground-floor commercial space with two fully renovated furnished apartments above, plus private parking.

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    Galax Multifamily Investment Opportunity
    Galax Multifamily Investment Opportunity

    508 W Stuart Dr, Galax, VA 24333

    $339,000
    3,045 sqft 0.30 AC lot

    Four-unit property with long-term and short-term rental income potential.

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    Updated Mixed-Use Income Property
    Updated Mixed-Use Income Property

    948 E Stuart Drive, Galax, VA 24333

    $444,900
    2,134 sqft 0.15 AC lot

    Mixed-use property with retail and residential income potential.

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    Updated Mixed-Use Income Property
    Updated Mixed-Use Income Property

    948 E Stuart Drive, Galax, VA 24333

    $444,900
    2,134 sqft 0.15 AC lot

    Two-level mixed-use property with leased lower-level retail and a tenant-occupied apartment with its own exterior entrance.

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    RV Resort Cabin with Porch
    RV Resort Cabin with Porch

    62-2524 Edmonds Rd, Galax, VA 24333

    $150,000

    Turnkey cabin within Deer Creek Motorcoach & Golf Resort, featuring an oversized porch, private yard, and in-cabin washer/dryer.

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    Mixed-Use Income Property with Retail
    Mixed-Use Income Property with Retail

    948 E Stuart Drive, Galax, VA 24333

    $450,000
    0.15 AC lot

    Updated mixed-use property features a leased lower-level retail space and a tenant-occupied upper apartment with its own exterior entrance.

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    RV Resort Camper Lot with Airstream
    RV Resort Camper Lot with Airstream

    63 Starview Lane lot: 22, Galax, VA 24333

    Contact for pricing
    0.18 AC lot

    A fenced RV resort lot with a 1973 Airstream camper, protective shed, and separate garage shed.

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    Turn-Key Motorcoach in RV Park
    Turn-Key Motorcoach in RV Park

    48-2524 Edmonds Rd, Galax, VA 24333

    $174,000

    Back-in lot RV setup with stamped-concrete design, covered outdoor kitchen, and a fully furnished, move-in ready interior.

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    Motorcoach RV Lot with Hookups
    Motorcoach RV Lot with Hookups

    27-2524 Edmonds Rd, Galax, VA 24333

    $109,000

    95’ lot with new concrete pad, 50/30 amp electric plus water and sewer hookups for immediate use.

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    Mixed-Use Retail Apartment Building
    Mixed-Use Retail Apartment Building

    106-108 N Main Street, Galax, VA 24333

    $399,900

    Leased retail space with multiple apartments across two upper units, plus shared laundry and storage in a full basement.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 13 Active listings in Galax, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Family Rental Property
    Multi-Family Rental Property

    111-125 Library, Independence, VA 24348

    $375,000
    1,808 sqft 0.50 AC lot

    Four rental units across three addresses with town water and sewer.

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    Independence, VA Triplex Investment
    Independence, VA Triplex Investment

    1165 N Independence Ave, Independence, VA 24348

    $219,000
    3,181 sqft 0.48 AC lot

    Triplex near Independence, VA with strong rental income.

    View details
    Glade Valley Commercial Property
    Glade Valley Commercial Property

    18, 40, 90 Glade Valley Church Road, Glade Valley, NC 28627

    $1,149,000
    10,390 sqft

    Commercial property with 14 rental units and US Post Office.

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    Glade Valley Investment Opportunity
    Glade Valley Investment Opportunity

    18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

    $1,149,000
    3,000 sqft 3.71 AC lot

    Commercial property with 14 rental units and post office.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Hebron Community
    Residential Lot in Hebron Community

    Pridemoore Rd. lot: 9, Galax, VA 24333

    Contact for pricing
    0.78 AC lot

    0.78+/- acre lot near New River Trail and Galax.

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    Wooded Lot in Galax City
    Wooded Lot in Galax City

    Fries Rd lot: 0, Galax, VA 24333

    $34,900
    1.89 AC lot

    1.889 acre wooded building lot in Galax, Virginia.

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    Woodlawn, VA Usable Land
    Woodlawn, VA Usable Land

    Corner Miller Ln & Locust Ridge Rd lot: 124-A-168, Woodlawn, VA 24381

    $70,000
    6.55 AC lot

    6.55 acres of land suitable for building or subdivision.

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    Land Near Chestnut Creek Meadows
    Land Near Chestnut Creek Meadows

    Gambetta Road lot: 7, Galax, VA 24333

    $144,900
    2.51 AC lot

    2.5-acre lot on Chestnut Creek, ready for your dream home.

    View details

    Off-Market Properties in Galax, VA

    Consider similar Off-Market properties in Galax, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4721 Pleasant Grv Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4721 Pleasant Grv Rd, Galax, VA 24333

    Value Estimation by Request
    1,920 sqft 0.71 AC lot
    View details

    Galax, VA Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Galax, VA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 22,988 square feet of properties for sale, with an estimated market value of $3,901,700.

    Sale prices for residential income properties in Galax, VA start at $109,000, averaging $325,141, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 10
    Duplexes 4
    Mobile home & RV parks 4
    Single family properties 3
    Quadplexes 2

    Demographics Overview

    Population 18K
    Population Growth (5Y) +0.6%
    Median Household Income $47,539
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Galax submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24333 $363.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.94%
    Property Tax per SF $15.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Galax city

    New Delisted

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