Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Auto Shop
  
  Drug Store
  
  Shopping Center
  
  Bank
- Office
  
  Office Units
  
  Live - Work Space
- Residential Income
  
  Multifamily
  
  Duplex
  
  Short Term Rental
- Restaurants
  
  Conventional Restaurant
  
  Drive-through
  
  Bar & Pub
- Industrial
- Warehouse
  
  Self Storage
- Hospitality
  
  Hotel
  
  Bed & Breakfast
- Land
  
  Residential
  
  Commercial
  
  Recreation
  
  Industrial
  
  Agricultural
  
  Waterfront
  
  Hunting
- Agricultural
  
  Farms
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
- Restaurant
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Auto Shop
  - Drug Store
  - Shopping Center
  - Bank
- Office
  - Office Units
  - Live - Work Space
- Residential Income
- Restaurants
  - Conventional Restaurant
  - Drive-through
  - Bar & Pub
- Industrial
- Warehouse
  - Self Storage
- Hospitality
  - Hotel
  - Bed & Breakfast
- Land
  - Residential
  - Commercial
  - Recreation
  - Industrial
  - Agricultural
  - Waterfront
  - Hunting
- Agricultural
  - Farms
- Specialty
For Lease
- Restaurant
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Black Mountain, NC

Multifamily

Black Mountain, NC Multifamily Properties for Sale

List

Map

Robbinsville, NC Montreat, NC Swannanoa, NC Fairview, NC Old Fort, NC Asheville, NC Marion, NC Weaverville, NC

Renovated Brick Home with ADU

Updated: Jun 27

Renovated Brick Home with ADU

14 Penelope Street, Black Mountain, NC 28711

$665,000

0.47 AC lot

Brick full home built in 1965 with a metal roof, plus a detached accessory dwelling unit (ADU) for added flexibility.
Renovations include new HVAC, updated plumbing, most new electrical, and a newly permitted finished basement with additional living space.
Main home offers 3 bedrooms and 2.5 bathrooms, with cooling/comfort features including central air, heat pump, and ceiling fans.
Detached 2‑bedroom, 1‑bath ADU has been completely renovated and has a proven rental history with consistent occupancy.
Parking includes an attached 1‑car garage, driveway parking, and space for four or more vehicles.

Two-Home Multifamily Property

Updated: Dec 30, 2025

Two-Home Multifamily Property

416 S Cherokee Avenue, Black Mountain, NC 28711

$799,999

0.45 AC lot

Two homes on a single parcel, offering multigenerational living or a live‑and‑earn setup
Main home includes 1,394 SF with a functional layout for everyday living or long‑term rental use
Guest cottage is a 807 SF one‑bedroom residence with a porch and deck
Built in 1965; features include a fireplace and wood flooring
Heating includes heat pump and electric; cooling includes heat pump and electric

Black Mountain Vacation Cabins For Sale

Black Mountain Vacation Cabins For Sale

5 Chaucer Road, Black Mountain, NC 28711

$1,900,000

2.24 AC lot

Six craftsman-style vacation cabins near Asheville and Black Mountain.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 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.

Triplex with Covered Parking

Triplex with Covered Parking

260 Bull Creek Road, Asheville, NC 28805

$1,250,000

1.61 AC lot

Three income-producing cottages set in a creek valley with month-to-month leases and dedicated covered parking/storage access.

Duplex with Attached ADU

Duplex with Attached ADU

116 Arnold Road, Asheville, NC 28805

$575,000

0.15 AC lot

Modern 2022 duplex-style home with an attached ADU, granite finishes, stainless appliances, and a private rear deck.

250 Herman Wilson Rd, Lake Lure, NC 28746

250 Herman Wilson Rd, Lake Lure, NC 28746

250 Herman Wilson Rd, Lake Lure, NC 28746

$1,000,000

100,000 sqft 28.75 AC lot

Lake Lure Tiny Home Community Development Site

Condominium Units in Lake Lure Resort

Condominium Units in Lake Lure Resort

747 Buffalo Creek Rd, Lake Lure, NC 28746

Contact for pricing

59,909 sqft

68 condominium-style units within established resort, offered for sale.

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.

Lake Lure RV Lot

Lake Lure RV Lot

106 Cornell Circle, Lake Lure, NC 28746

$115,000

Lakefront RV lot with mountain views and resort amenities.

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.

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.

Vacant Land with River Frontage

Vacant Land with River Frontage

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

$195,000

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.

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

2,364 sqft 21.90 AC lot

MOBILE HOME PARK, TRAILER PARK

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

$590,000

Estimated value

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

Value Estimation by Request

864 sqft 5.57 AC lot

66 Great Aspen Way

CAMPGROUND, RV PARK

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

$1,500,000

Estimated value

6,080 sqft 23.51 AC lot

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

86 Bright Hope Rd

MOBILE HOME PARK, TRAILER PARK

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

$2,070,000

Estimated value

1,064 sqft 18.34 AC lot

MOBILE HOME PARK, TRAILER PARK

10 Frk Ave, Black Mountain, NC 28711-7723

$645,000

Estimated value

1,102 sqft 2.70 AC lot

MOBILE HOME PARK, TRAILER PARK

55 Frances Ave, Black Mountain, NC 28711-2578

Value Estimation by Request

960 sqft 0.97 AC lot

MOBILE HOME PARK, TRAILER PARK

1 Sigma Ln, Black Mountain, NC 28711-3292

Value Estimation by Request

1.00 AC lot

MOBILE HOME PARK, TRAILER PARK

10 Kappa Loop, Black Mountain, NC 28711-3284

Value Estimation by Request

0.56 AC lot

MOBILE HOME PARK, TRAILER PARK

2 Kappa Loop, Black Mountain, NC 28711-3284

Value Estimation by Request

0.44 AC lot

374 Eden Rock Ln

CAMPGROUND, RV PARK

374 Eden Rock Ln, Black Mountain, NC 28711

$11,160,000

Estimated value

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

Value Estimation by Request

0.94 AC lot

MOBILE HOME PARK, TRAILER PARK

6 Aqua Dr, Black Mountain, NC 28711-6110

$740,000

Estimated value

856 sqft 3.93 AC lot

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

5.50 AC lot

MOBILE HOME PARK, TRAILER PARK

104 Laverne Ln, Black Mountain, NC 28711-9100

Value Estimation by Request

7.26 AC lot

1130 Montreat Rd

CAMPGROUND, RV PARK

1130 Montreat Rd, Black Mountain, NC 28711-3232

Value Estimation by Request

2,056 sqft 1.62 AC lot

504 Cragmont Rd

MOBILE HOME PARK, TRAILER PARK

504 Cragmont Rd, Black Mountain, NC 28711-2500

Value Estimation by Request

0.57 AC lot

504 Cragmont Rd

MOBILE HOME PARK, TRAILER PARK

504 Cragmont Rd, Black Mountain, NC 28711-2500

Value Estimation by Request

0.78 AC lot

406 Blue Rdg Rd

MOBILE HOME PARK, TRAILER PARK

406 Blue Rdg Rd, Black Mountain, NC 28711-3900

$840,000

Estimated value

1,008 sqft 2.60 AC lot

MOBILE HOME PARK, TRAILER PARK

6 Nesbitt Dr, Black Mountain, NC 28711-3462

Value Estimation by Request

0.37 AC lot

Black Mountain, NC Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Black Mountain, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,364,999.

Sale prices for multifamily properties in Black Mountain, NC start at $665,000, averaging $1,121,666, 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

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	$960K

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