North Carolina Multifamily Properties for Sale

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Updated: Jun 26

9-Unit Two-Bedroom Apartment Building

221 W Virginia St, Rocky Mount, NC 27804

$650,000

6,600 sqft

9‑unit apartment property with 2 bedrooms and 1 bathroom in each unit
All units feature central heating & air conditioning
Power and water are metered separately and billed directly to tenants
Average rent is currently $775/month; market rent is between $800 and $900
5 units are currently vacant due to recent renovations; 4 are rent ready and 1 needs flooring

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This listing looks promising.

Here's a quick look at some key insights for

221 W Virginia St, Rocky Mount, NC

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$58K
Annual
Price @ 7% Cap

$833K
Above asking
Property Type

Multi-Family Dwellings
Built 1950

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Updated: Aug 8

Short-Term Rental Property with Creek

89 Stump Ln, Maggie Valley, NC 28751

$1,225,000

4,851 sqft 2.19 AC lot

Three homes situated on 2.19 acres with approximately 4,851 square feet of improvements
Short‑term rentals are allowed
Primary residence includes a lower‑level apartment and attached two‑car garage
Additional homes at 41 Stump Ln and 46 Stump Ln offer 1/1 and 2/2 layouts
Johnson Branch Creek, a barn, and mountain views are included

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Historic Brick Apartment Building

915 Raleigh Rd Parkway W, Wilson, NC 27896

$995,000

13,650 sqft 1.00 AC lot

Masonry construction, on-site laundry, and proximity to Barton College support multifamily operations.

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10-Home Multifamily Portfolio

111 Villa Drive, Jacksonville, NC 28546

$1,500,000

14,230 sqft

Tenant-occupied homes with month-to-month leases offer flexible management options.

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13-Unit Brick Apartment Building

915 Raleigh Rd Parkway W, Wilson, NC 27896

$995,000

13,650 sqft

Historic masonry apartment property with varied unit types and on-site coin-operated laundry.

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Brick Duplex with Efficiency Apartment

423 Whitehead Circle, Chapel Hill, NC 27514

$625,000

1,541 sqft 0.52 AC lot

Two residential units include a larger apartment and a separate efficiency layout.

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Mobile Home Park with Storage Buildings

399 Ireland Drive, Lumber Bridge, NC 28357

$500,000

1,570 sqft 5.00 AC lot

Existing park improvements include multiple manufactured homes, private-road access, and additional storage structures.

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Remodeled Multifamily Property with Porches

800 Main Street, Bryson City, NC 28713

$675,000

3,345 sqft 0.40 AC lot

Two furnished residences combine updated interiors, hardwood flooring, workshop space, and outdoor living areas within Bryson City limits.

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Manufactured Home Park Investment

3050 Swepsonville Saxapahaw Rd, Graham, NC 27253

$800,000

4,500 sqft

For sale property with four manufactured homes and space for up to two additional sites, subject to approvals.

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Leased Triplex

720 S State Street, Raleigh, NC 27601

$775,000

5,040 sqft 0.18 AC lot

Three tenant-occupied residences carry leases into 2027 and include public water and sewer service.

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In-Town Development Land With Home

423 Iotla Street, Franklin, NC 28734

$895,000

2,000 sqft 2.41 AC lot

2.41-acre parcel with city water, sewer, and natural gas available for flexible in-town housing development.

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Three-Story Mixed-Use Property

61 Depot St, Bryson City, NC 28713

$1,598,000

39,245 sqft 0.58 AC lot

Class B downtown building with restaurant, short-term rental, and vacant brewery space across from the railroad depot.

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Brick Two-Story Duplex Package

1407-1413 Clarendon Street, Durham, NC 27705

$1,430,000

6,912 sqft 0.64 AC lot

Four brick two-story duplexes with fenced back yards and central HVAC, served by public water and sewer.

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Mixed-Use Property with Restaurant

100 E Fort Macon Road, Atlantic Beach, NC 28512

$10,000,000

6,900 sqft 1.10 AC lot

Coastal commercial offering combines restaurant operations, occupied apartments, and an additional buildable parcel within a multi-parcel footprint.

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Furnished Bed & Breakfast With Apartment

600 Broad St, Oriental, NC 28571

$1,200,000

3,490 sqft

MU-1 property with a furnished residence, detached garage apartment, and flexible hospitality or commercial use options.

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Leased Triplex Near Downtown

718 S State Street, Raleigh, NC 27601

$775,000

5,040 sqft 0.17 AC lot

Three occupied residences offer established leasing with tenants committed through 2027.

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Pond-Front Quadplex

510 W St George, Southport, NC 28461

$1,699,900

5,268 sqft 0.25 AC lot

Newer multifamily property with grandfathered short-term rental rights near Southport’s shops, restaurants, and waterfront.

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R-2 Multifamily Property

543-549 Cedar Lake Road, Chapel Hill, NC 27516

$1,295,000

5,301 sqft

Built in 1978 with central air and wooded surroundings.

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Newly Built Four-Unit Quadplex

2852 Worth Drive, Wilmington, NC 28412

$1,415,000

6,004 sqft 0.33 AC lot

Four occupied condominium residences feature modern finishes, private garages, and two-story layouts.

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Mixed-Use Corner Duplex Rentals

123 & 121 New Rand, Garner, NC 27529

$595,000

1,790 sqft 0.87 AC lot

Two side-by-side rental homes on a corner site, currently zoned mixed use with convenient access near I-40.

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Log Home Duplex with Guest House

760 Woody Lane, Waynesville, NC 28786

$1,150,000

2,784 sqft 2.07 AC lot

Two log residences on a gated golf community site, with city water, propane backup, and private entry guest quarters.

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Duplex with Detached Residence

426 E Hammond St, Durham, NC 27704

$539,000

1,880 sqft

Two separate units offer a flexible configuration with finished interiors and a bonus room.

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Six-Unit Apartment Building

351 Porter Street, Franklin, NC 28734

$615,000

5,830 sqft 0.97 AC lot

Six apartments in a frame building are currently leased month-to-month with paved parking and two driveways.

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16-Suite Hotel With Covered Parking

313 Cedar Street, Beaufort, NC 28516

$2,495,000

8,100 sqft 0.28 AC lot

Operating hospitality property with full-kitchen suites, elevator service, covered parking, and outdoor gathering areas.

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North Carolina Multifamily Properties Market Trends and Statistics

Explore 970 multifamily properties for sale in North Carolina, showcased through 970 active listings on our real estate platform. These investment opportunities span a total of 2,450,052 square feet of properties for sale, with an estimated market value of $637,589,826.

Sale prices for multifamily properties in North Carolina start at $32,000, averaging $780,403, and reaching up to $10,600,000 — 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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