North Carolina Multifamily Properties for Sale

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Charlotte, NC Fayetteville, NC Wilmington, NC Durham, NC Asheville, NC Greensboro, NC Jacksonville, NC Raleigh, NC

Found 1,338 multifamily properties for sale in North Carolina, averaging $257/sq ft. Use valuation data to compare deals faster.

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Updated: Sep 29

8-Unit Historic Apartment Building

201 Broadway Street, Durham, NC 27701

$1,950,000

10,216 sqft 0.36 AC lot

Eight apartments, each with 2 bedrooms and 1 bathroom
10,216‑square‑foot building on 0.36 acres
10 off‑street parking spaces
Granite‑counter kitchens and a common laundry room
Recipient of the 2002 George & Mary Pyne Preservation Award

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Updated: Sep 30

12-Unit Apartment Complex

123 Brayhall Road, Edenton, NC 27932

$1,950,000

9,000 sqft 1.82 AC lot

12 apartments across three 3,000‑square‑foot buildings
1.82‑acre property with 9,000 square feet of building area
Unit mix includes eight one‑bedroom and four two‑bedroom apartments
Two parking spaces per apartment
Eight units have a rear patio or balcony

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Six-Unit Multifamily Property Near WCU

18 Searcy Mountain Road, Cullowhee, NC 28723

$1,200,000

4,480 sqft 1.33 AC lot

Four-building rental property with fully occupied units, private well, septic service, and convenient access to Western Carolina University.

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9-Unit Brick Multifamily Property

595 Betty St, Gastonia, NC 28054

$1,200,000

5,712 sqft 0.61 AC lot

All apartments are occupied, and electricity is separately metered across the community.

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Commercial Land with Existing Structures

305 Hwy 107, Sylva, NC 28779

$950,000

1,200 sqft 1.50 AC lot

Existing residential improvements include a log home and duplex, with commercial use identified for the Sylva property.

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Updated Two-Unit Duplex

2105 Old Oxford Road E, Chapel Hill, NC 27514

$750,000

2,323 sqft 0.35 AC lot

Two residences were renovated in 2022 with updated kitchens, baths, HVAC, and roof systems.

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13-Unit Apartment Property

3021-3035 Medlin Drive, Raleigh, NC 27607

$2,750,000

11,085 sqft 1.53 AC lot

Two buildings and a garage occupy a combined site with a preliminary plan for additional residential lots.

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8-Unit Historic Apartment Building

201 Broadway St, Durham, NC 27701

$1,950,000

10,216 sqft

Eight residences pair Spanish Colonial Revival details with updated kitchens, shared laundry, and rear off-street parking.

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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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Brick Duplex with Efficiency Apartment

423 Whitehead Circle, Chapel Hill, NC 27514

$545,000

1,541 sqft 0.52 AC lot

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

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Four-Duplex Residential Property

114 Coley Rd, Salisbury, NC 28146

$1,000,000

6,984 sqft 1.31 AC lot

Four brick buildings offer a mix of single-level and townhome layouts, with concrete driveways and private rear patios.

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Apartment Building with Townhome-Style Units

801 E Main Street, Aberdeen, NC 28315

$2,300,000

15,082 sqft 2.92 AC lot

The community combines two- and three-bedroom residences with both single- and two-story layouts.

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Commercial Land with Apartments

130 Shelton Lane, Jacksonville, NC 28546

$750,000

3,840 sqft 2.60 AC lot

The site pairs existing residential improvements with an appraisal identifying redevelopment as its highest and best use.

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Eight-Unit Apartment Building

102 King Henry Ln, Granite Falls, NC 28630

$1,250,000

9,071 sqft

Two-story apartment community with a varied unit mix, in-place occupancy, and kitchens equipped with major appliances.

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Student Housing Apartment Portfolio

4204 Reavis Road, Raleigh, NC 27606

$4,950,000

13,600 sqft

Purpose-built student residences feature private bathrooms, attached garages, and in-unit laundry adjacent to NC State.

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Multifamily Property with Cottage

137 Everet Jenkins Road, Robbinsville, NC 28771

$859,500

2,380 sqft 24.99 AC lot

Mountain property with a primary residence, separate cottage, workshop, creek, and additional building sites.

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12-Unit Apartment Building

123 Brayhall Rd, Edenton, NC 27932

$1,950,000

9,000 sqft

Three separate structures contain one- and two-bedroom homes with laundry closets in each apartment.

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Brick Quadplex with Basement Laundry

2408 Stafford Avenue, Raleigh, NC 27607

$850,000

2,208 sqft 0.20 AC lot

Four-unit brick property includes basement laundry access, storage, off-street parking, and public utilities.

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Renovated Multifamily Apartment Property

80 Lindsey Ln, Burnsville, NC 28714

$1,450,000

8,631 sqft 1.98 AC lot

Four-building apartment community with varied unit layouts, updated interiors, and mini-split HVAC systems.

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Mountain Bed & Breakfast Estate

Leicester, NC 28748

$3,500,000

7,635 sqft 41.33 AC lot

Main lodge and separate guest house offer private accommodations, gathering areas, fireplaces, and hospitality-oriented amenities.

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Short-Term Rental Compound

2257 Quiet Creek Ln, Lenoir, NC 28645

$1,175,000

4,114 sqft 10.53 AC lot

Two independent houses, guest quarters, RV hookups, and recreational amenities create a flexible mountain lodging compound.

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Mobile Home Park with Six Homes

399 Ireland Drive, Lumber Bridge, NC 28357

$500,000

1,570 sqft 5.00 AC lot

The five-acre property spans four parcels, has two private access roads, and includes room for two additional single-wide homes.

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7-Home Mobile Home Park

1150 Garretts Way NE, Leland, NC 28451

$1,500,000

5,000 sqft 5.93 AC lot

Tenant-occupied homes have separate public-utility meters and long-term residents.

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Three-Unit Triplex with Private Entrances

311 Lyric Street, Durham, NC 27701

$550,000

2,510 sqft 0.22 AC lot

RM-12 zoning, individual utilities, rear decks, and washer/dryer hookups support the property’s three separate residences.

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North Carolina Multifamily Properties Market Trends and Statistics

Explore 1338 multifamily properties for sale in North Carolina, showcased through 1338 active listings on our real estate platform. These investment opportunities span a total of 3,537,238 square feet of properties for sale, with an estimated market value of $1,012,424,447.

Sale prices for multifamily properties in North Carolina start at $32,000, averaging $807,356, and reaching up to $37,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

How to Buy Multifamily Property in North Carolina

A step-by-step guide for multifamily acquisitions..

Define your multifamily strategy. Choose between 2–4-unit deals valued on comps and 5+-unit assets valued on NOI, then pick a cash-flow hold or a value-add play using local market insights.
Master on-market search tools. Engage commercial brokers in North Carolina who underwrite cap rates and rent rolls, and pair MLS listings for duplexes and triplexes with Realmo for larger buildings.
Source off-market deals. Reach motivated owners (out-of-state landlords or those facing a balloon payment) via direct mail, cold calls, pocket listings, and driving for dollars.
Underwrite with key metrics. Value the asset on NOI, test cap rate and leveraged cash flow, secure estoppel certificates, and compare the rent roll to recently sold North Carolina commercial comps.
Manage the asset like a business. Self-manage a local duplex to save the 8–10% fee or hire specialists at scale, then force NOI through repairs, turnover rent increases, RUBS, and added parking or storage.

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