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    Black Mountain, NC
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    Black Mountain, NC Apartment Buildings for Sale

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    5-Unit Furnished Rental Property
    Updated: Oct 29
    5-Unit Furnished Rental Property

    33 Vance Avenue, Black Mountain, NC 28711

    $975,000
    2,316 sqft
    Five furnished rental units in a 2,316‑square‑foot building
    Owners report 77% occupancy YTD through April 2026
    Three units on the ground floor; two upstairs, accessed by a shared stairway
    Private entrance and dedicated parking for each unit
    Separate electricity and gas meters for all units
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Apartment Building for sale in Black Mountain, NC. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Renovated 6-Unit Apartment Building
    Renovated 6-Unit Apartment Building

    295 E Chestnut St, Asheville, NC 28801

    $995,000
    6 units  3,875 sqft  Built 1925
    100% occupied  Highway access  Road access

    The apartment mix includes four one-bedroom units and two studios, each with its own electric meter.

    Utilities to site  4 x 1BR  2 x studio
    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    76 Adeles Way, Hendersonville, NC 28792

    $425,000
    5 units  1 building  Built 1973  0.58 acres
    Highway access

    The five-unit residential property requires significant renovation and has one unit currently rented.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    76 Adeles Way, Hendersonville, NC 28792

    $425,000
    5 units  1 building  Built 1973  Single tenant
    Highway access

    One unit is currently rented, and the property requires substantial renovation.

    View details
    Apartment Buildings with Shared Spa
    Apartment Buildings with Shared Spa

    108 Lakewood Drive, Asheville, NC 28803

    $1,900,000
    4 units  Built 1926  Tudor  1.38 acres

    Four dwellings include cottage-style residences and a shared spa.

    Spa  Organic cedar plank sauna  Mandala brick courtyard  Trails
    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.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Black Mountain, NC Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Black Mountain, NC on our real estate platform. These investment opportunities span a total of 2,316 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for apartment complexes in Black Mountain, NC average $975,000 — 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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    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.1%
    Median Household Income $69,177
    College Educated 77.1%

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $11.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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