Buncombe County, NC Multifamily Properties for Sale

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Found 97 multifamily properties for sale in Buncombe County, NC, averaging $358/sq ft. Use valuation data to compare deals faster.

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Updated: Aug 28

Mountain Bed & Breakfast Estate

Leicester, NC 28748

$3,500,000

7,635 sqft 41.33 AC lot

41.33‑acre mountain estate in Leicester, NC
7,635‑square‑foot property built in 2000
Main lodge with multiple private en‑suite bedrooms and stone wood‑burning fireplaces
Separate two‑level guest house with kitchens, living areas, and independent HVAC zoning
Morton horse barn, private walking trails, outdoor living areas, hot tub, and tipi

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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

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Quadplex with Remodeled Unit

37 Water Street, Asheville, NC 28801

$570,000

0.10 AC lot

Four one-bedroom, one-bath apartments include a vacant remodeled residence.

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See what stands out in Buncombe County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Modern Duplex with Attached ADU

116 Arnold Rd, Asheville, NC 28805

$559,000

2,274 sqft

Two-unit property with open-concept interiors, updated finishes, and a private rear deck.

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5-Unit Short-Term Rental Property

119 & 127 Deer Hill Lane, Weaverville, NC 28787

$2,149,000

8.05 AC lot

Short-term rental property on 8.05 acres with three log cabins, a tiny home, and a large mountain residence, zoned OU.

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Quadplex with Remodeled Unit

37 Water Street, Asheville, NC 28801

$570,000

0.10 AC lot

Three apartments are rented, while a renovated one-bedroom unit is vacant for occupancy or leasing.

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Three-Cottage Triplex with Workshop

260 Bull Creek Road, Asheville, NC 28805

$1,150,000

1.61 AC lot

Two one-bedroom cottages and a two-bedroom home provide a flexible residential configuration with covered porches and upgraded interiors.

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Cottage Triplex with Loft Units

260 Bull Creek Rd, Asheville, NC 28805

$1,150,000

2,764 sqft 1.60 AC lot

Three detached rental homes offer varied layouts, covered porches, updated exteriors, and dedicated storage improvements.

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Renovated Multifamily Property with ADU

14 Penelope Street, Black Mountain, NC 28711

$665,000

0.47 AC lot

Renovated main residence with a detached ADU and established rental history.

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Tenant-Occupied Duplex

144 Hanover Street, Asheville, NC 28806

$675,000

0.25 AC lot

Six-bedroom residential property with RM8 zoning, public sewer, and established tenant occupancy.

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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.

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Two-Unit Townhome Duplex

127 Riverview Drive, Asheville, NC 28806

$584,900

0.03 AC lot

Two separately configured residences with custom finishes, efficient layouts, and a shared association structure.

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Creekfront Short-Term Rental Property

144 Clayton Road, Arden, NC 28704

$375,000

0.44 AC lot

Two remodeled manufactured homes are furnished and equipped for continued short-term rental use or residential occupancy.

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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.

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Tenant-Occupied Triplex Portfolio Opportunity

214 Short Michigan Avenue, Asheville, NC 28806

$975,000

0.42 AC lot

Tenant-occupied triplex rental properties zoned RM16 with a 0.42-acre lot, built in 2003, and public sewer.

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Ranch-Style Duplex with Patio

575 Sand Hill Road, Asheville, NC 28806

$445,000

0.33 AC lot

Two residential units offer separate living spaces with driveway parking and convenient zero-step entry.

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Three-Unit Multifamily Property

17 & 19 Hubbard Ave, Asheville, NC 28806

$624,000

1,811 sqft 0.29 AC lot

Three rental units occupy two standalone homes with individual porches and access to a shared sunny yard.

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Furnished Duplex With Garage Studio

5 Fieldtop Lane, Arden, NC 28704

$555,000

0.27 AC lot

Main residence and detached studio support flexible living, guest, or short-term rental arrangements.

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Four-Unit Multifamily Property

181 Merrimon Ave, Asheville, NC 28801

$899,000

3,212 sqft 0.41 AC lot

Historic multifamily building with varied unit layouts, private outdoor areas, and commercial CB1 zoning.

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Modern Duplex with Separate Units

128 Rock Hill Road, Asheville, NC 28803

$699,000

0.22 AC lot

Two independent residences offer updated finishes, efficient systems, and flexible rental or multigenerational living options.

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Two-Unit Multifamily Property

127 Riverview Drive 8 & 8b, Asheville, NC 28806

$584,900

1,800 sqft

Combined condo units offer flexible living, rental, studio, or home-office arrangements in West Asheville.

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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.

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Furnished Short-Term Rental Property

5 Fieldtop Ln, Arden, NC 28704

$555,000

1,788 sqft

Arts-and-crafts residence with a separate garage-top studio and established short-term rental history.

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Five-Site Mobile Home Park

11 Jody Lane, Weaverville, NC 28787

$375,000

5.59 AC lot

Income-producing residential land includes park-owned homes and separate rental pads in a river-adjacent setting.

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Buncombe County, NC Multifamily Properties Market Trends and Statistics

Explore 97 multifamily properties for sale in Buncombe County, NC, showcased through 97 active listings on our real estate platform. These investment opportunities span a total of 106,138 square feet of properties for sale, with an estimated market value of $70,787,498.

Sale prices for multifamily properties in Buncombe County, NC start at $227,000, averaging $943,833, and reaching up to $5,500,000 — 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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