Advertise
    Black Mountain, NC
    Multifamily
    AI Picks

    Black Mountain, NC Multifamily Properties for Sale

    Notify Me
    List
    Map
    Nebo, NC Robbinsville, NC Montreat, NC Swannanoa, NC Fairview, NC Old Fort, NC Asheville, NC Brevard, NC
    Found 8 multifamily properties for sale in Black Mountain, NC, averaging $537/sq ft. Use valuation data to compare deals faster.
    Sort:
    Three-Residence Triplex Property
    Updated: Aug 21
    Three-Residence Triplex Property

    169 and 171 Cragmont Road, Black Mountain, NC 28711

    $675,000
    0.20 AC lot
    Three separate residences: a detached 1‑bedroom cottage plus a 1‑bedroom and 2‑bedroom duplex
    4 bedrooms and 3 bathrooms across the property
    Recently remodeled 2‑bedroom residence with updated interior
    Approximately 0.2 acres at 169 and 171 Cragmont Road
    One block from Lake Tomahawk and steps from the tennis courts
    View details
    Renovated Multifamily Property with ADU
    Updated: Jun 27
    Renovated Multifamily Property with ADU

    14 Penelope Street, Black Mountain, NC 28711

    $665,000
    0.47 AC lot
    Separate 2‑bedroom, 1‑bath ADU with consistent rental occupancy history
    3‑bedroom, 2.5‑bath main residence with newly permitted finished basement
    Renovated brick construction with metal roof, updated plumbing, and most electrical systems newly installed
    0.47‑acre private corner lot near downtown Black Mountain
    One‑car attached garage and parking for four or more vehicles
    View details
    Duplex with Detached Garage Apartment
    Duplex with Detached Garage Apartment

    2380 Old Fort Road, Black Mountain, NC 28711

    $900,000
    37.71 AC lot

    Historic rural property with a separate garage apartment, porch, patio, and well water.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Residence Short-Term Rental Property
    Two-Residence Short-Term Rental Property

    416 S Cherokee Ave, Black Mountain, NC 28711

    $799,999
    2,201 sqft

    Two maintained homes share one parcel, supporting multigenerational use, rental income, or an owner-occupied arrangement.

    View details
    Duplex with Fireplace and Deck
    Duplex with Fireplace and Deck

    416 S Cherokee Avenue, Black Mountain, NC 28711

    $799,999
    0.45 AC lot

    Duplex property on a single parcel with a main home and one-bedroom cottage, plus porch and deck.

    View details
    Six Vacation Cabins Complex
    Six Vacation Cabins Complex

    5 Chaucer Road, Black Mountain, NC 28711

    $1,900,000
    2.24 AC lot

    Six professionally managed vacation cabins on TND-zoned parcels, with mountain views, decks, and heat pump HVAC systems.

    View details
    Renovated Duplex with Accessory Dwelling Unit
    Renovated Duplex with Accessory Dwelling Unit

    14 Penelope St, Black Mountain, NC 28711

    $665,000
    1,114 sqft

    Renovated duplex near downtown with a detached accessory dwelling unit and updated systems.

    View details
    Managed Short-Term Rental Cabins
    Managed Short-Term Rental Cabins

    5 Chaucer Road, Black Mountain, NC 28711

    $1,900,000
    2,918 sqft

    Six furnished cabins offer wooded privacy, seasonal mountain views, and walkable access to Village of Cheshire amenities.

    View details
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 8 Active listings in Black Mountain, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Duplex with Attached ADU
    Modern Duplex with Attached ADU

    116 Arnold Road, Asheville, NC 28805

    $545,000
    0.15 AC lot

    Built in 2022 with contemporary finishes, private outdoor space, and driveway parking.

    View details
    Multifamily Estate with Rental Homes
    Multifamily Estate with Rental Homes

    97 Whippoorwill Lane, Fairview, NC 28730

    $1,294,000
    15.84 AC lot

    Main residence and two separate rental homes support flexible multifamily use across a private estate setting.

    View details
    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    688 Upper Grassy Branch Extension, Asheville, NC 28805

    Contact for pricing

    Mixed residential configuration with city water and sewer service.

    View details
    Short-Term Rental & Event Venue
    Short-Term Rental & Event Venue

    92 Flat Top Mountain Rd, Fairview, NC 28730

    Contact for pricing

    Four separate homes plus pavilion and event barn, set along more than 1,000 feet of creek frontage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Unrestricted Land in Western NC
    Unrestricted Land in Western NC

    V/L Southern Way, Nebo, NC 28761

    $799,000
    102.80 AC lot

    105.57+/- acres perfect for hunting, recreation, or development.

    View details
    Vacant Land with River Frontage
    Vacant Land with River Frontage

    150 Rollins Road #1 & 2, Marshall, NC 28753

    $185,000

    Two contiguous lots with river and creek frontage.

    View details
    Rolling Agricultural Land
    Rolling Agricultural Land

    Beaverdam Road, Canton, NC 28716

    $594,000
    12.50 AC lot

    The tract combines pasture, wooded acreage, an access road, and a small spring.

    View details

    Off-Market Properties in Black Mountain, NC

    Consider similar Off-Market properties in Black Mountain, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    206 Lk Eden Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Lk Eden Rd, Black Mountain, NC 28711-8708

    $590,000
    Estimated value
    2,364 sqft 21.90 AC lot
    View details
    14 Mt Park Ave
    MOBILE HOME PARK, TRAILER PARK

    14 Mt Park Ave, Black Mountain, NC 28711-0047

    $535,000
    Estimated value
    1,699 sqft 5.35 AC lot
    View details
    105 Old State 10th Rd
    MOBILE HOME PARK, TRAILER PARK

    105 Old State 10th Rd, Black Mountain, NC 28711-3620

    $260,000
    Estimated value
    864 sqft 5.57 AC lot
    View details
    66 Great Aspen Way
    CAMPGROUND, RV PARK

    66 Great Aspen Way, Black Mountain, NC 28711-9774

    $635,000
    Estimated value
    6,080 sqft 23.51 AC lot
    View details
    1123 Montreat Rd
    CAMPGROUND, RV PARK

    1123 Montreat Rd, Black Mountain, NC 28711-3231

    Value Estimation by Request
    10,090 sqft 123.72 AC lot
    View details
    86 Bright Hope Rd
    MOBILE HOME PARK, TRAILER PARK

    86 Bright Hope Rd, Black Mountain, NC 28711-9201

    $1,810,000
    Estimated value
    1,064 sqft 18.34 AC lot
    View details
    10 Frk Ave
    MOBILE HOME PARK, TRAILER PARK

    10 Frk Ave, Black Mountain, NC 28711-7723

    $585,000
    Estimated value
    1,102 sqft 2.70 AC lot
    View details
    55 Frances Ave
    MOBILE HOME PARK, TRAILER PARK

    55 Frances Ave, Black Mountain, NC 28711-2578

    $370,000
    Estimated value
    960 sqft 0.97 AC lot
    View details
    1 Sigma Ln
    MOBILE HOME PARK, TRAILER PARK

    1 Sigma Ln, Black Mountain, NC 28711-3292

    $315,000
    Estimated value
    1.00 AC lot
    View details
    10 Kappa Loop
    MOBILE HOME PARK, TRAILER PARK

    10 Kappa Loop, Black Mountain, NC 28711-3284

    $290,000
    Estimated value
    0.56 AC lot
    View details
    2 Kappa Loop
    MOBILE HOME PARK, TRAILER PARK

    2 Kappa Loop, Black Mountain, NC 28711-3284

    Value Estimation by Request
    0.44 AC lot
    View details
    374 Eden Rock Ln
    CAMPGROUND, RV PARK

    374 Eden Rock Ln, Black Mountain, NC 28711

    $8,550,000
    Estimated value
    1,344 sqft 476.48 AC lot
    View details
    12 Arrow Pt Trl
    MOBILE HOME PARK, TRAILER PARK

    12 Arrow Pt Trl, Black Mountain, NC 28711-0349

    $245,000
    Estimated value
    0.94 AC lot
    View details
    6 Aqua Dr
    MOBILE HOME PARK, TRAILER PARK

    6 Aqua Dr, Black Mountain, NC 28711-6110

    $550,000
    Estimated value
    856 sqft 3.93 AC lot
    View details
    222 Lk Eden Rd
    MOBILE HOME PARK, TRAILER PARK

    222 Lk Eden Rd, Black Mountain, NC 28711-8708

    $320,000
    Estimated value
    5.50 AC lot
    View details
    104 Laverne Ln
    MOBILE HOME PARK, TRAILER PARK

    104 Laverne Ln, Black Mountain, NC 28711-9100

    $305,000
    Estimated value
    7.26 AC lot
    View details

    Black Mountain, NC Multifamily Properties Market Trends and Statistics

    Explore 38 multifamily properties for sale in Black Mountain, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 6,233 square feet of properties for sale, with an estimated market value of $8,304,998.

    Sale prices for multifamily properties in Black Mountain, NC start at $665,000, averaging $1,038,124, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 5
    Duplexes 4
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.1%
    Median Household Income $69,177
    College Educated 77.1%

    High-Yield Neighborhoods for Investment

    Identify Black Mountain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28711 $1M

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $11.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Black Mountain, NC

    Popular Searches in Black Mountain, NC

    Popular Categories

    Most Searched ZIP Codes in Black Mountain, NC

    • 28711

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!