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    Galax, VA Residential Income Properties for Sale

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    Fries, VA Ennice, NC Lambsburg, VA
    6 listings
    Galax Multifamily Investment Opportunity
    $339,000
    3,045 SF
    Galax Multifamily Investment Opportunity

    508 W Stuart Dr, Galax, VA 24333

    Four-unit property with long-term and short-term rental income potential.
    • Four‑unit multifamily at 508 W Stuart Drive, each unit with 2 bedrooms and kitchen spaces
    • Units 2 and 4 are occupied by long‑term tenants who pay on time; Units 1 and 3 operate as short‑term rentals
    • Short‑term rental units (Units 1 and 3) are offered fully furnished
    • Shared common laundry room for all four units
    • Rear storage building for trash can storage
    Updated: May 15
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    Three-Level Downtown Commercial Building
    $350,000
    7,060 SF
    Three-Level Downtown Commercial Building

    105 E Grayson St, Galax, VA 24333

    Three levels with high-ceiling main space and finished upper office area, near downtown civic and entertainment uses.
    • Approx. 7,110 total SF commercial property in Historic Downtown Galax
    • Layout includes 2,370 SF on each of three levels, with 4,720 SF finished space
    • 1941 construction with brick/masonry exterior
    • Finished upper level office space; flexible floor plan for potential two‑bedroom apartment conversion
    • Main level features high ceilings
    Updated: Jun 4
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    Updated Mixed-Use Income Property
    $444,900
    2,134 SF
    Updated Mixed-Use Income Property

    Mixed-use property with retail and residential income potential.

    948 E Stuart Drive, Galax, VA 24333

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    Historic Commercial Corner Building
    $399,000
    2,330 SF
    Historic Commercial Corner Building

    1911 Victorian on a corner lot with commercial zoning for retail on the first floor and a renovated apartment above.

    201 W Webster, Galax, VA 24333

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    Updated Mixed-Use Income Property
    $444,900
    0.15 Acres
    Updated Mixed-Use Income Property

    Mixed-use property with retail and residential income potential.

    948 E Stuart Drive, Galax, VA 24333

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    Updated Mixed-Use Income Property
    $450,000
    2,134 SF
    Updated Mixed-Use Income Property

    Mixed-use property with retail and residential income potential.

    948 E Stuart Drive, Galax, VA 24333

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 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.

    Glade Valley Investment Opportunity
    $1,149,000
    3,000 SF
    Glade Valley Investment Opportunity

    Commercial property with 14 rental units and post office.

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

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    Sparta NC Apartment Building
    $425,000
    0.33 Acres
    Sparta NC Apartment Building

    Investment property with six units in excellent location.

    71 E Cheek Street, Sparta, NC 28675

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    Glade Valley Commercial Property
    $1,149,000
    10,390 SF
    Glade Valley Commercial Property

    Commercial property with 14 rental units and US Post Office.

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

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    Apartment Building in Excellent Location
    $425,000
    Apartment Building in Excellent Location

    Apartment building with six units, great investment opportunity.

    71 E Cheek Street, Sparta, NC 28675

    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 Land in Glen Ridge
    Contact for pricing
    4.24 Acres
    Residential Land in Glen Ridge

    Four residential lots totaling 4.241 acres in Galax, Virginia.

    Glen Ridge Rd. lot: 2, 3, 4, & 5, Galax, VA 24333

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    Land in Galax, Virginia
    $45,000
    5.00 Acres
    Land in Galax, Virginia

    5-acre tract with open land and partial woods near Galax.

    2192 Poplar Knob Road lot: 2, Galax, VA 24333

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    Wooded Lot in Galax City
    $34,900
    1.89 Acres
    Wooded Lot in Galax City

    1.889 acre wooded building lot in Galax, Virginia.

    Fries Rd lot: 0, Galax, VA 24333

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    Residential Land in Galax, VA
    Contact for pricing
    1.99 Acres
    Residential Land in Galax, VA

    1.993 acre wooded lot with public water available.

    Fries Rd/Foxfire, Galax, VA 24333

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    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)
    1,920 SF Lot: 0.71 Acres
    Value Estimation by Request

    4721 Pleasant Grv Rd, Galax, VA 24333

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    Galax, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Galax, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,703 square feet of properties for sale, with an estimated market value of $1,982,900.

    Sale prices for residential income properties in Galax, VA start at $339,000, averaging $396,580, 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 1
    Quadplexes 1
    Short term rental properties 1
    Single family properties 1

    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 $417.8K

    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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