Cherryville, NC Apartment buildings for Sale: Buy Two-Family Homes Near You

$1,700,000

4.97 Acres

Historic Mill Redevelopment Opportunity

501 N Mountain Street, Cherryville, NC 28021

Redevelopment opportunity near downtown Cherryville with strong local support.

Redevelopment Opportunity: Approved RMF zoning ideal for apartments, townhomes, or mixed‑use residential development.
Size and Space: Over 152,000 square feet on a 4.97‑acre lot.
Strategic Location: Situated just 0.4 miles from Cherryville's developing downtown.
Economic Growth Potential: Located in an area anticipating significant economic growth.
Historic Character: Features original exposed brick walls, large wooden beams, and soaring ceilings.

Updated: Dec 2, 2024

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$1,700,000

152,000 SF

Historic Mill Redevelopment Opportunity

501 N Mountain Street, Cherryville, NC 28021

152,000+- SF historic mill on 4.97 acres for sale.

Redevelopment Opportunity: Approved RMF zoning allows for apartments, townhomes, or mixed‑use residential development.
Size and Land: Over 152,000 sq ft of space on a 4.97‑acre lot with 996 ft of road frontage.
Prime Location: Situated 0.4 miles from Cherryville's developing downtown area.
Economic Growth Potential: Located in an area expected to experience significant economic growth due to a slated lithium mine.
Strong support for repurposing the property from both the city of Cherryville and Gaston County.

Updated: Dec 1, 2024

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cherryville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

$1,050,000

0.56 Acres

Gastonia Income-Producing 8-Plex

Well-maintained 8-unit apartment complex in Gastonia, North Carolina.

1655 Webb Street, Gastonia, NC 28052

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$750,000

600 SF

Hickory NC Multifamily Investment

Multifamily investment opportunity with 10 units on approximately 2.4 acres.

303 37th Street SW, Hickory, NC 28602

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$1,570,000

0.40 Acres

Five Townhome Rental Portfolio

For sale five two-story townhomes with 3 bedrooms, 2.1 baths, and attached garages in Hickory, NC.

2119 - 2111 24th Street Lane SE, Hickory, NC 28602

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Gastonia Commercial Opportunity: Four Parcels

$3,000,000

2.10 Acres

Gastonia Commercial Opportunity: Four Parcels

Four parcels near downtown Gastonia, suitable for apartments or car wash.

312 W 2nd Avenue, Gastonia, NC 28052

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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.

Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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$250,000

0.23 Acres

Central Business Zoned Development Land

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

107 HOWARD Street, La Plata, MD 20646

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Cherryville, NC Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Cherryville, NC on our real estate platform. These investment opportunities span a total of 152,000 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for two-family homes in Cherryville, NC start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
28021	$1.7M

Neighborhood

Average Price

28021

$1.7M

Cherryville, NC Apartment Buildings for Sale

501 N Mountain Street, Cherryville, NC 28021

501 N Mountain Street, Cherryville, NC 28021