Galax, VA Residential Income Properties for Sale

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25 properties

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Updated: Aug 29

8-Unit Apartment Building with Garages

308 Armory Road, Galax, VA 24333

$900,000

9,792 sqft 1.30 AC lot

8‑unit complex arranged as four duplex‑style townhomes
9792 square feet of total property size on 1.3 acres
Full basements included in all eight units
Two units feature private garages
Built in 1988 with brick, vinyl siding, and drywall construction

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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

1245 Poplar Knob, Galax, VA 24333

$490,000

4,891 sqft 1.20 AC lot

Four-apartment property with varied unit layouts, individual electric metering, parking, and additional storage improvements.

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8-Unit Apartment Building

308 Armory Rd, Galax, VA 24333

$900,000

9,792 sqft

Duplex-style townhome complex with full basements and private garages in Galax.

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Renovated Mixed-Use Building

115 S Main St, Galax, VA 24333

$425,000

4,056 sqft 0.08 AC lot

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

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Updated Victorian Duplex

201 W Webster, Galax, VA 24333

$375,000

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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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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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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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 Mixed-Use Property

948 E Stuart Drive, Galax, VA 24333

$444,900

2,134 sqft 0.15 AC lot

Two-level configuration combines leased retail space with a tenant-occupied apartment and separate exterior access.

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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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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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Four-Unit Multifamily Property

508 W Stuart Dr, Galax, VA 24333

$339,000

3,045 sqft 0.30 AC lot

Quadplex with furnished short-term units, resident tenants, shared laundry, and a rear storage building.

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Mixed-Use Property with Apartment

948 E Stuart Drive, Galax, VA 24333

Contact for pricing

6,473 sqft

Two-level configuration combines commercial space with an upstairs residential unit.

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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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Updated Mixed-Use Property

948 E Stuart Drive, Galax, VA 24333

$450,000

0.15 AC lot

Combined retail and residential space with separate access for the upstairs apartment.

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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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Resort Lot with Guest Cabin

2524 Edmonds Road, Galax, VA 24333

$260,000

0.11 AC lot

Resort property with a furnished detached cabin, outdoor entertaining area, and access to recreational amenities.

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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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Furnished Resort Cabin with Pavilion

2524 Edmonds Road, Galax, VA 24333

$129,999

0.11 AC lot

Furnished cabin with covered porch, outdoor kitchen, and recreational amenities at Deer Creek Motorcoach & Golf Resort.

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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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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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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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Resort Lot with Detached Cabin

17-2524 Edmonds Rd, Galax, VA 24333

$260,000

Resort lot with a detached guest cabin, covered porch, outdoor kitchen, fire pit, and dedicated entertaining areas.

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Galax, VA Residential Income Properties Market Trends and Statistics

Explore 26 residential income properties for sale in Galax, VA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 65,387 square feet of properties for sale, with an estimated market value of $8,681,599.

Sale prices for residential income properties in Galax, VA start at $99,000, averaging $377,460, and reaching up to $900,000 — 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

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	$341.9K

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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