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    Blowing Rock, NC Multifamily Properties for Sale

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    Boone, NC Lenoir, NC Banner Elk, NC
    Renovated Blowing Rock Multi-Unit Property
    $1,800,000
    1,740 SF
    Renovated Blowing Rock Multi-Unit Property

    252 Sunset Dr, Blowing Rock, NC 28605

    Four-bedroom, four-bath property near downtown Blowing Rock.
    • Prime location: Walkable to downtown Blowing Rock shops, restaurants, parks, and live music.
    • Flexible living options: Two full kitchens and separate living spaces ideal for rental, multi‑generational living, or guest accommodations.
    • Completely renovated: Property is like new, meticulously maintained.
    • Proven rental potential: Fenced yard adds value for pet owners and vacation renters.
    • Four bedrooms and four bathrooms.
    Updated: Apr 14
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    Mountain Resort Cabins Investment Opportunity
    $2,300,000
    4.69 Acres
    Mountain Resort Cabins Investment Opportunity

    158 Alpine Village Drive, Blowing Rock, NC 28605

    Six charming cabins near Blue Ridge Parkway with strong ROI potential.
    • Proven short‑term rental resort with strong ROI potential and $271,000 rolling revenue in 2025.
    • Strategic location near Blue Ridge Parkway, Blowing Rock, and Boone, attracting high visitor traffic.
    • Six charming mountain resort cabins with hot tubs and gas fireplaces.
    • Significant upside potential on 4.6 acres with room for expansion.
    • Middle Fork Creek/New River frontage providing an attractive natural amenity.
    Updated: Mar 18
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    Renovated Commercial/Residential Property on Highway 321
    $699,000
    Renovated Commercial/Residential Property on Highway 321

    Dual-purpose property with commercial space and renovated apartment.

    3453 US Highway 321 S Highway, Blowing Rock, NC 28605

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    Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 3 Active listings in Blowing Rock, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 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.

    Boone, NC Quadraplex Investment
    $699,900
    3,111 SF
    Boone, NC Quadraplex Investment

    Six-bedroom quadraplex near downtown Boone and AppState.

    210 Howards Creek Road, Boone, NC 28607

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    Renovated Duplex with Creek Views
    $645,000
    0.25 Acres
    Renovated Duplex with Creek Views

    A recently updated two-unit duplex with upstairs balconies, modern finishes, and a peaceful mountain creek setting.

    140 Nestle Road, Boone, NC 28607

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    Two Homes on Three Acres
    $1,249,000
    3.03 Acres
    Two Homes on Three Acres

    Two homes on 3 acres with mountain views.

    556/558 Thorncliff Drive, Seven Devils, NC 28604

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    Two Mountain Homes on 3 Acres
    $1,249,000
    3.03 Acres
    Two Mountain Homes on 3 Acres

    Two homes on 3 acres with mountain views and rental income.

    556/558 Thorncliff Drive, Seven Devils, NC 28604

    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.

    Wooded Land in Forest Creek
    Contact for pricing
    5.45 Acres
    Wooded Land in Forest Creek

    5.45 acres of wooded land; manufactured homes allowed.

    Daisy Place, Collettsville, NC 28611

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    Roan Mountain Land For Sale
    $375,000
    28.60 Acres
    Roan Mountain Land For Sale

    28.6 acres in Roan Mountain, perfect for RV Park.

    638 Old Hwy 143, Roan Mountain, TN 37687

    View details
    Warrensville Land with River Frontage
    $75,000
    11.17 Acres
    Warrensville Land with River Frontage

    11+ acre property with river frontage and mountain views.

    Ed Little Road, Warrensville, NC 28693

    View details
    Residential Lot Ready For Development
    $69,900
    0.63 Acres
    Residential Lot Ready For Development

    0.63-acre city lot with utilities in Marion, NC.

    82 Overlook Drive W, Marion, NC 28752

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    Off-Market Properties in Blowing Rock, NC

    Consider similar Off-Market properties in Blowing Rock, 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.

    303 Mystery Hl Ln
    MOBILE HOME PARK, TRAILER PARK
    1,050 SF Lot: 6.00 Acres
    Value Estimation by Request

    303 Mystery Hl Ln, Blowing Rock, NC 28605-8709

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    185 Chetola Lk Dr
    APARTMENT HOUSE (5+ UNITS)
    1,497 SF Lot: 17.48 Acres
    Value Estimation by Request

    185 Chetola Lk Dr, Blowing Rock, NC 28605-6037

    View details
    481 Ransom St
    APARTMENT HOUSE (5+ UNITS)
    5,044 SF Lot: 1.38 Acres
    Estimated value
    $535,000

    481 Ransom St, Blowing Rock, NC 28605-9285

    View details
    6383 Us Hwy 221st S
    APARTMENT HOUSE (5+ UNITS)
    1,408 SF Lot: 1.17 Acres
    Estimated value
    $715,000

    6383 Us Hwy 221st S, Blowing Rock, NC 28605-8921

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    126 Greenway Ct
    APARTMENT HOUSE (5+ UNITS)
    1,620 SF Lot: 0.07 Acres
    Estimated value
    $940,000

    126 Greenway Ct, Blowing Rock, NC 28605-6115

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    1073 Wonderland Trl, Unit D
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,011 SF
    Estimated value
    $1,415,000
    Unit D

    1073 Wonderland Trl, Blowing Rock, NC 28605-6393

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    158 Greenway Ct
    APARTMENT HOUSE (5+ UNITS)
    1,596 SF Lot: 0.05 Acres
    Value Estimation by Request

    158 Greenway Ct, Blowing Rock, NC 28605-6115

    View details
    409 Wallingford St, Unit B
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,980 SF
    Value Estimation by Request
    Unit B

    409 Wallingford St, Blowing Rock, NC 28605-6368

    View details
    1391 Flt Top Rd
    APARTMENT HOUSE (5+ UNITS)
    1,798 SF Lot: 0.99 Acres
    Value Estimation by Request

    1391 Flt Top Rd, Blowing Rock, NC 28605-9202

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    239 Sunset Dr
    BOARDING/ROOMING HOUSE
    442 SF Lot: 0.32 Acres
    Value Estimation by Request

    239 Sunset Dr, Blowing Rock, NC 28605-7206

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    152 Sunset Dr
    BOARDING/ROOMING HOUSE
    964 SF Lot: 0.30 Acres
    Value Estimation by Request

    152 Sunset Dr, Blowing Rock, NC 28605-7205

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    203 Sunset Dr
    BOARDING/ROOMING HOUSE
    1,320 SF Lot: 1.00 Acres
    Estimated value
    $610,000

    203 Sunset Dr, Blowing Rock, NC 28605-7206

    View details
    3385 Us-321
    Multifamily properties
    3,110 SF Lot: 0.50 Acres
    Value Estimation by Request

    3385 Us-321, Blowing Rock, NC 28605

    View details
    148 Yearling Ln
    APARTMENT HOUSE (5+ UNITS)
    1,208 SF Lot: 2.64 Acres
    Value Estimation by Request

    148 Yearling Ln, Blowing Rock, NC 28605-8941

    View details
    151 Smt Woods Dr
    APARTMENT HOUSE (5+ UNITS)
    3,136 SF Lot: 0.73 Acres
    Estimated value
    $1,715,000

    151 Smt Woods Dr, Blowing Rock, NC 28605-9497

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    125 Shady Ln
    BOARDING/ROOMING HOUSE
    429 SF Lot: 0.41 Acres
    Value Estimation by Request

    125 Shady Ln, Blowing Rock, NC 28605-6263

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    147 Sarah Ln
    APARTMENT HOUSE (5+ UNITS)
    1,484 SF Lot: 0.60 Acres
    Value Estimation by Request

    147 Sarah Ln, Blowing Rock, NC 28605-8118

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    180 Renar Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,904 SF Lot: 0.24 Acres
    Estimated value
    $605,000

    180 Renar Dr, Blowing Rock, NC 28605-6238

    View details
    891 Ransom St
    APARTMENT HOUSE (5+ UNITS)
    1,292 SF Lot: 0.27 Acres
    Value Estimation by Request

    891 Ransom St, Blowing Rock, NC 28605-8297

    View details
    132 Old Us Hwy 321
    APARTMENT HOUSE (5+ UNITS)
    300 SF Lot: 1.80 Acres
    Value Estimation by Request

    132 Old Us Hwy 321, Blowing Rock, NC 28605-9169

    View details
    158 Lot Estes Dr
    APARTMENT HOUSE (5+ UNITS)
    7,128 SF Lot: 0.30 Acres
    Estimated value
    $700,000

    158 Lot Estes Dr, Blowing Rock, NC 28605-6151

    View details

    Blowing Rock, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 28 multifamily properties for sale in Blowing Rock, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,740 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for multifamily properties in Blowing Rock, NC start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — 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 3
    Quadplexes 1

    Demographics Overview

    Population 3,471
    Population Growth (5Y) +1.3%
    Median Household Income $74,865
    College Educated 80.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28605 $1.6M

    Listings Trend

    New vs delisted commercial listings in Watauga County

    New Delisted

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