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    Cullowhee, NC Apartment Buildings for Sale

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    Multifamily Property Near WCU Campus
    Updated: Mar 19
    Multifamily Property Near WCU Campus

    44 & 54 Legacy Lane, Cullowhee, NC 28723

    $2,349,000
    10,649 sqft 0.70 AC lot
    Multifamily student apartment property in Cullowhee, NC near Western Carolina University (WCU)
    Built in 1971 with concrete construction materials
    Central and heat pump/electric heating with central air and heat pump/electric cooling
    Flooring includes hardwood and tile
    Roofing materials include metal and shingle
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    Cullowhee Mixed-Use Investment Opportunity
    Updated: Oct 24, 2025
    Cullowhee Mixed-Use Investment Opportunity

    3074 Old Cullowhee Rd, Cullowhee, NC 28723

    $799,000
    1,600 sqft 0.59 AC lot
    Two buildings: Remodeled 4‑bedroom home and a separate building with three apartments (two 2‑bed/1‑bath, one studio) and commercial space.
    Prime location in Cullowhee, the fastest‑growing area in Jackson County, near Western Carolina University and the Tuckasegee River.
    Versatile commercial space previously used as a restaurant, suitable for dining, retail, or conversion to living space.
    Strong rental demand and income potential due to proximity to the university and tourist attractions.
    Jackson County ranked as one of the best places in the nation to start a new business.
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    Mixed-Use Property in Growing Area
    Mixed-Use Property in Growing Area

    3074/3050 Old Cullowhee Road, Cullowhee, NC 28723

    $799,000

    Investment opportunity with residential and commercial potential near university.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Cullowhee, 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.

    Six-Unit Townhome Apartment Community
    Six-Unit Townhome Apartment Community

    3729 Plaza Way, Pigeon Forge, TN 37863

    $1,800,000
    7,648 sqft 5.72 AC lot

    Six renovated two-bedroom townhomes with private balconies, in-unit washer/dryer, and fireplace; HOA amenities include clubhouse and indoor pool.

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    11-Unit Furnished Rental Portfolio
    11-Unit Furnished Rental Portfolio

    124 Roaring Fork Rd, Gatlinburg, TN 37738

    $2,684,000
    3,934 sqft 1.12 AC lot

    Income-producing portfolio with 11 furnished units on 1.12 acres, featuring cottages, king and queen suites, and AT&T fiber.

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    21-Unit Townhome Community
    21-Unit Townhome Community

    3729 Plaza Way, Pigeon Forge, TN 37863

    $5,999,999
    27,987 sqft 5.72 AC lot

    21-unit townhome community operating as short-term rentals, with unit amenities and shared outdoor and HOA recreation access.

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    New Construction Cabin Retreat
    New Construction Cabin Retreat

    204-234 Braydens Way, Gatlinburg, TN 37738

    $2,391,000

    Newly built cabin community with eight 2-bed, 1-bath units and six remaining for group purchase.

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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.

    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 AC lot

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

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

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

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

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

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Cullowhee, NC Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Cullowhee, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,249 square feet of properties for sale, with an estimated market value of $3,148,000.

    Sale prices for two-family homes in Cullowhee, NC start at $799,000, averaging $1,574,000, and reaching up to $2,349,000 — 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 11K
    Population Growth (5Y) +2.2%
    Median Household Income $43,539
    College Educated 46.4%

    High-Yield Neighborhoods for Investment

    Identify Cullowhee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28723 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.38%
    Property Tax per SF $16.20 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

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