Residential Income

Galax, VA Residential Income Properties for Sale

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19 properties
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Apartment Building with Historic Features
Updated: Sep 12
Apartment Building with Historic Features

765 Water Wheel Road, Galax, VA 24333

$550,000
2,788 sqft 3.30 AC lot
Five efficiency apartments, each with 1 bedroom, 1 bath, living area, and eat‑in kitchen
2,788 square feet on 3.3 acres
One handicap‑accessible apartment plus a covered porch with an accessible ramp
Vacant historic log cabin sold as‑is, along with a log kitchen/shelter and grist mill
Two streams flow through the property
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Updated Quadplex with Creekside Setting
Updated: Jul 29
Updated Quadplex with Creekside Setting

1245 Poplar Knob, Galax, VA 24333

$490,000
4,891 sqft 1.20 AC lot
4,891‑square‑foot quadplex with four apartments
Unit mix includes 3‑bedroom, 2‑bedroom, and two 1‑bedroom apartments
Individual electric meter boxes serve the apartments
16 x 31 storage building plus owner storage/work room
Public sewer and well water source
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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

106-108 N Main Street, Galax, VA 24333

$399,900
6,776 sqft 0.08 AC lot

Commercially zoned property combines occupied retail space with four rented apartments and shared storage areas.

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Five-Unit Apartment Building
Five-Unit Apartment Building

765 Water Wheel Rd, Galax, VA 24333

$550,000
2,788 sqft

Five efficiency apartments include one accessible unit, mini-split heating and cooling, and shared laundry space.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

115 S Main St, Galax, VA 24333

$419,000
4,056 sqft 0.08 AC lot

Ground-level commercial space is paired with two furnished apartments and private parking.

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Duplex with Covered Porch
Duplex with Covered Porch

310 W Washington, Galax, VA 24333

$240,000
2,229 sqft 0.20 AC lot

Two-level property with a rented apartment, separate HVAC, and public utilities.

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Updated Victorian Duplex
Updated Victorian Duplex

201 W Webster, Galax, VA 24333

$349,900
2,330 sqft 0.16 AC lot

1911 home with a renovated upstairs apartment, private entrance, and separately metered water and electricity.

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Updated Quadplex with Creek
Updated Quadplex with Creek

1245 Poplar Knob Rd, Galax, VA 24333

$490,000
4,891 sqft 1.25 AC lot

Four apartments offer varied layouts, individual electric meters, parking, and access to shared outdoor areas.

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

948 E Stuart Drive, Galax, VA 24333

$399,999
2,134 sqft 0.15 AC lot

Mixed-use property with retail and residential income potential.

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Furnished RV Resort Site
Furnished RV Resort Site

2524 Edmonds Road, Galax, VA 24333

$150,000
0.10 AC lot

Motorcoach resort setting with a cabin, outdoor kitchen, covered porch, landscaped yard, and included furnishings.

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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

$419,000
4,056 sqft

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

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Triplex with Renovation Unit
Triplex with Renovation Unit

215 5th Ave, Galax, VA 24333

$125,000
2,689 sqft 0.30 AC lot

Two apartments are occupied, and the third is ready for renovation.

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RV Park Site with Utility Hookups
RV Park Site with Utility Hookups

105 Starview Lane lot: 19, Galax, VA 24333

Contact for pricing
0.16 AC lot

Graveled RV accommodation with power, water, and a finished decked structure near the Blue Ridge Parkway.

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Triplex with Renovation Unit
Triplex with Renovation Unit

215 5th Ave, Galax, VA 24333

$125,000
2,689 sqft

Two residences are occupied, while the third is ready for renovation and repositioning.

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Land, Galax, VA
Land, Galax, VA

115 Crossridge Lane, Galax, VA 24333

$74,900
0.40 AC lot

Residential land & home lots · 0.40 Acres

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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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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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Covered-Pergola RV Lot
Covered-Pergola RV Lot

56-2524 Edmonds Rd, Galax, VA 24333

$185,000

Served by 50/30 amp power, water, and sewer, with a furnished cabin and outdoor entertaining area.

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Motorcoach RV Lot with Hookups
Motorcoach RV Lot with Hookups

27-2524 Edmonds Rd, Galax, VA 24333

$99,000

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

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19 active listings match your search: Residential Income for sale in Galax, VA. Based on your search, we've also compiled 1 Potential Opportunity for your consideration: 1 off-market property to explore as potential leads.

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

Estimated value:
$265,000
1,920 sqft 0.71 AC lot
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Galax, VA Residential Income Properties Market Trends and Statistics

Explore 20 residential income properties for sale in Galax, VA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 42,317 square feet of properties for sale, with an estimated market value of $5,616,599.

Sale prices for residential investment properties in Galax, VA start at $74,900, averaging $312,033, and reaching up to $550,000 — 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 17
Mobile home & RV parks 5
Quadplexes 4
Duplexes 3
Apartment buildings 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 $295.6K

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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