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Black Mountain, NC

Multifamily

Black Mountain, NC Multifamily Properties for Sale

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Nebo, NC Robbinsville, NC Montreat, NC Swannanoa, NC Old Fort, NC Fairview, NC Asheville, NC Brevard, NC

8 properties

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Triplex with Detached Cottage

Updated: Aug 21

Triplex with Detached Cottage

169 and 171 Cragmont Road, Black Mountain, NC 28711

$599,000

0.20 AC lot

Three residences: a detached 1‑bedroom cottage and a duplex with 1‑bedroom and 2‑bedroom units
Four bedrooms and three bathrooms across the property
Approximately 0.20 acres
The 2‑bedroom residence has a remodeled interior
Built in 1954; served by public sewer

Two-Residence Multifamily Property

Updated: Dec 30, 2025

Two-Residence Multifamily Property

416 S Cherokee Avenue, Black Mountain, NC 28711

$799,999

0.45 AC lot

Two residences on a 0.45‑acre parcel
Primary home measures 1,394 square feet
Separate 807‑square‑foot one‑bedroom cottage
Cottage has been used as a short‑term rental
Located across from Black Mountain Golf Course

Rural Duplex with Garage Apartment

Rural Duplex with Garage Apartment

2380 Old Fort Road, Black Mountain, NC 28711

$850,000

37.71 AC lot

A detached garage with an apartment above adds a separate living space to the rural property.

See hot listings in Black Mountain

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Three-Residence Multifamily Property

Three-Residence Multifamily Property

169 And 171 Cragmont Road, Black Mountain, NC 28711

$599,000

1,516 sqft 0.20 AC lot

Separate living spaces include a recently remodeled two-bedroom unit and a detached cottage.

Triplex on Private Acreage

Triplex on Private Acreage

24 Old Berlin Way, Black Mountain, NC 28711

$525,000

3.71 AC lot

Individual septic systems and separate electrical meters serve the property, with water supplied by a shared well.

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.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

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.

Managed Short-Term Rental Cabins

Managed Short-Term Rental Cabins

5 Chaucer Rd, 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.

Based on your search, we've compiled 45 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 3 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.

Renovated Duplex with Two Units

Renovated Duplex with Two Units

223 Davidson Road, Swannanoa, NC 28778

$349,000

1,349 sqft

Two-level duplex with updated interiors, shared laundry, private balcony, and multiple storage areas.

Two-Unit Duplex with Private Balcony

Two-Unit Duplex with Private Balcony

223 Davidson Road, Swannanoa, NC 28778

$349,000

0.52 AC lot

Two separate living areas share laundry facilities and have access to multiple on-site storage spaces.

Furnished Duplex Property

Furnished Duplex Property

67/69 Flat Top Mountain Road, Fairview, NC 28730

$860,000

2.44 AC lot

Two separate residences offer furnished accommodations and distinct bedroom and bath layouts.

Multifamily Estate with Guest Houses

Multifamily Estate with Guest Houses

97 Whippoorwill Lane, Fairview, NC 28730

$1,185,000

15.84 AC lot

Private acreage property with two guest houses, rental history, workshops, ponds, and a separate build-ready site.

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.

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.

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.

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

Estimated value:

$590,000

2,364 sqft 21.90 AC lot

14 Mt Park Ave

MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$535,000

1,699 sqft 5.35 AC lot

105 Old State 10th Rd

MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$260,000

864 sqft 5.57 AC lot

66 Great Aspen Way

CAMPGROUND, RV PARK

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

Estimated value:

$635,000

6,080 sqft 23.51 AC lot

1123 Montreat Rd

CAMPGROUND, RV PARK

1123 Montreat Rd, Black Mountain, NC 28711-3231

Estimated value: by Request

10,090 sqft 123.72 AC lot

86 Bright Hope Rd

MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$1,810,000

1,064 sqft 18.34 AC lot

10 Frk Ave

MOBILE HOME PARK, TRAILER PARK

10 Frk Ave, Black Mountain, NC 28711-7723

Estimated value:

$585,000

1,102 sqft 2.70 AC lot

55 Frances Ave

MOBILE HOME PARK, TRAILER PARK

55 Frances Ave, Black Mountain, NC 28711-2578

Estimated value:

$370,000

960 sqft 0.97 AC lot

1 Sigma Ln

MOBILE HOME PARK, TRAILER PARK

1 Sigma Ln, Black Mountain, NC 28711-3292

Estimated value:

$315,000

1.00 AC lot

10 Kappa Loop

MOBILE HOME PARK, TRAILER PARK

10 Kappa Loop, Black Mountain, NC 28711-3284

Estimated value:

$290,000

0.56 AC lot

2 Kappa Loop

MOBILE HOME PARK, TRAILER PARK

2 Kappa Loop, Black Mountain, NC 28711-3284

Estimated value: by Request

0.44 AC lot

374 Eden Rock Ln

CAMPGROUND, RV PARK

374 Eden Rock Ln, Black Mountain, NC 28711

Estimated value:

$8,550,000

1,344 sqft 476.48 AC lot

12 Arrow Pt Trl

MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$245,000

0.94 AC lot

6 Aqua Dr

MOBILE HOME PARK, TRAILER PARK

6 Aqua Dr, Black Mountain, NC 28711-6110

Estimated value:

$550,000

856 sqft 3.93 AC lot

222 Lk Eden Rd

MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$320,000

5.50 AC lot

104 Laverne Ln

MOBILE HOME PARK, TRAILER PARK

104 Laverne Ln, Black Mountain, NC 28711-9100

Estimated value:

$305,000

7.26 AC lot

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 7,749 square feet of properties for sale, with an estimated market value of $6,737,998.

Sale prices for multifamily properties in Black Mountain, NC start at $525,000, averaging $842,249, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$965.6K

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

How Realmo verifies these figures

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