Four-Unit Cottage
For Sale
Contact for pricing
Pending
96 Stedman Dr, Cullowhee, NC 28723
Four residential cottages offer two 2-bedroom units and two 1-bedroom units near Western Carolina University.
Property SizeContact for details
Days on Market143
Property Features for 96 Stedman Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Additional Details
Opportunity Zone
Yes
Building Details
Buildings
4
Listing Agency:
Todd Baucom Realty, Inc.
(828) 269-2014
Listed By:
Todd Baucom · License #NC 159935
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd Baucom Realty, Inc.
Investment Insights
Based on property information with market context.
This four-unit residential property consists of four individual cottages or cabins, with a unit mix of two 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences. The improvements date to the 1950s and 1970s and have been maintained by the owner. A professional management firm is in place, and the units have remained fully occupied for decades.
Located at 96 Stedman Dr in Cullowhee, the property is nearly adjacent to Western Carolina University. The campus library, Apodaca Science Building, Chili’s, and the Noble Hall Commercial District are within an approximately 2- to 4-minute walk. The property is also situated in a Federal Opportunity Zone.
Located at 96 Stedman Dr in Cullowhee, the property is nearly adjacent to Western Carolina University. The campus library, Apodaca Science Building, Chili’s, and the Noble Hall Commercial District are within an approximately 2- to 4-minute walk. The property is also situated in a Federal Opportunity Zone.
Key Highlights
- Four cottages with a 2/1 and 1/1 unit mix
- Two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units
- Nearly adjacent to Western Carolina University
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 28723, NC
12,297
Population
5,600
Households
2.2
Avg Household Size
25
Median Age
32%
College-Educated
92%
High-School Grad
112.0 sq mi
ZIP Area
110
Density / Sq Mi
$43,539
Median Household Income
$10,908
Median Earnings
$842
Median Rent
$308,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential cottages offer two 2-bedroom units and two 1-bedroom units near Western Carolina University.
Where is this quadplex located?
The property is located at 96 Stedman Dr Cullowhee, NC.
What are key features of this property?
This property features: Four cottages with a 2/1 and 1/1 unit mix; Two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units; Nearly adjacent to Western Carolina University
