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Triplex with Two Additional Homesites
For Sale
Under Contract
$319,000

86 Sterling Drive, Mills River, NC 28759

MULTI_FAMILY - Mills River, NC

Property SizeContact for details
Lot Size1.15 Acres
Days on Market30

Property Features for 86 Sterling Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MR-MU
Zoning description MR-MU
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 5
Parking features Driveway
Pets allowed Yes
Lot features Cleared, Level, Views
Elementary school Mills River
Middle school West Henderson
High school West Henderson
Directions GPS works great!
Standard status Active Under Contract
APN 801038
Lot size 1.15 Acres

Taxes and HOA fees

Tax Description SR1328 ON TURNPIKE RD
Legal Description SR1328 ON TURNPIKE RD

Utilities

Utilities Cable Available
Cooling system Window Unit(s)
Water source Well

Building Details

Year built 1965
Floors in Building 1
Number of units 3
Building materials Brick Partial
Listing Agency: Home And Land For Sale
Listed By: Tarry Crockett · License #255750
Added: Jul 17 Changed: Aug 13 Last Checked: Aug 15 at 8:06AM
MLS# 4401829

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Triplex offering includes a single-level ranch home and two additional homesites on one property. The main home is a 3-bedroom, 1 full bath ranch with a covered front porch, built in 1965, with brick partial construction and window unit cooling. Parking is provided via a driveway.

The two additional homesites each have their own address, power service, and septic system, and they share a water well. The additional homesites include older mobile homes; one has floor damage and the other has smoke damage. The property is being sold as-is as part of an estate sale, and the main home has been vacant since winter, with sellers having limited knowledge of condition.

Zoned MR-MU, the property sits on 1.15 acres, with cable available and water provided by the shared well. The setup supports multiple on-site dwellings and may appeal to buyers focused on renovation, redevelopment, or assembling a multi-generational setup, subject to applicable approvals and buyer verification.

Key Highlights

  • 1.15 acres in MR‑MU zoning
  • Main home built in 1965; 3 bedrooms and 1 full bath; covered front porch
  • Two additional homesites, each with its own address, power service, and septic; share one water well

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Law Firm Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 28759, NC

7,728
Population
3,300
Households
2.3
Avg Household Size
47
Median Age
43%
College-Educated
94%
High-School Grad
24.5 sq mi
ZIP Area
315
Density / Sq Mi
$88,984
Median Household Income
$37,796
Median Earnings
$1,611
Median Rent
$364,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Single-level ranch plus two additional homesites on 1.15 acres in MR-MU zoning.
Where is this multifamily property located?
The property is located at 86 Sterling Drive Mills River, NC.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 1.15 acres in MR‑MU zoning; Main home built in 1965; 3 bedrooms and 1 full bath; covered front porch; Two additional homesites, each with its own address, power service, and septic; share one water well
More about this property
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