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    6125 Ela Road Whittier, NC 28789

    View on Map
    For Sale
    $599,000

    MULTI_FAMILY - Ranch - Whittier, NC

    Type:Single Family Residence
    Lot size:
    18.88 Acres
    Added:
    Oct 18, 2025
    Days on Market:
    172
    Last Refresh:
    Apr 7 at 3:06 am

    Property Features for 6125 Ela Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Dining Room, Bedroom 4
    Parking features
    Open, Carport
    Patio and Porch features
    Porch
    Interior features
    Ceramic Tile Bath, Country Kitchen, Kitchen/Dining Room, Main Level Living, Primary w/Ensuite, Split Bedroom
    Fencing
    Fenced
    Fireplace
    1
    Basement
    Partial
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Gas/Propane Water Heater, Dishwasher, Freezer, Electric Oven/Range, Refrigerator
    Standard status
    Active
    APN
    669402792383
    Lot size
    18.88 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1515

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Wood, Floor Furnace
    Cooling system
    Electric, Central Air
    Water source
    Well
    Water front features
    Creek

    Building Details

    Year built
    1975
    Flooring type
    Carpet, Vinyl, Tile - Ceramic
    Building materials
    Composition Siding, Asbestos
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Melissa Wade

    Listing agent Melissa Wade

    Listing office Smoky Mountain Realty Po Box 1205, Bryson City, NC

    Listing date Oct 18, 2025

    MLS# 26042442

    Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Whittier Multi-Family Investment Opportunity

    This multi-family property presents a great investment opportunity in a convenient location with easy access. The property includes 6121 Ela Road and features tenants already in place. The main house includes 4 bedrooms and 3 bathrooms, along with 2 utility rooms and a 2-car garage. Additionally, there is a cabin featuring a large bonus room upstairs, a bonus room downstairs, and a bathroom on the main level. Both the main house and the cabin have covered porches. The cabin is situated in a beautiful setting and includes an outbuilding and a small older barn. The property is located near the Smoky Mountain Railway & Cherokee Harrah's Casino, tubing, horseback riding, fishing, and two area golf courses. The lot size is 18.88 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Hair Salon Hotel & Motel Food Market Storage Facility Grocery & Convenience Store Grocery & Convenience Store Veterinary Clinic Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.3749993
    Latitude
    35.455402

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    FAQs

    What type of property is this?
    Single family property - Investment property with tenants in place near Smoky Mountain attractions.
    Where is this single family property located?
    The property is located at 6125 Ela Road Whittier, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Main house boasts 4 bedrooms and 3 bathrooms, plus a separate cabin with bonus rooms and a bathroom.; Investment property with tenants already in place.; Two structures: main house with 2‑car garage and cabin with covered porches.
    (828) 788-0012
    We can help!
    Listing Contact
    Melissa Wade
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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