Multifamily

Canton, NC Multifamily Properties for Sale

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Clyde, NC Candler, NC Asheville, NC Waynesville, NC Leicester, NC Lake Toxaway, NC Maggie Valley, NC Hot Springs, NC
Historic Canton Apartment Building Investment
Updated: Aug 27, 2025
Historic Canton Apartment Building Investment

13 Newfound Street, Canton, Canton, NC 28716

$1,950,000
14,646 sqft
7.25% Cap Rate investment opportunity
18‑unit apartment building with strong rental income, no vacancies, and a waitlist
Ideally located in Canton, NC, within walking distance to shops, restaurants, and breweries
Mix of studio, one-, and two‑bedroom units filled with natural light
Convenient access to I‑40 for a quick 15–20 minute drive into Asheville
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Mobile Home Park with Expansion Pads
Mobile Home Park with Expansion Pads

2 Jasmine Park Place, Candler, NC 28715

$595,000
2.70 AC lot

Mobile home park on a 2.7-acre lot with vacant space for at least four additional pads.

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Multi-Parcel Residential Income Portfolio
Multi-Parcel Residential Income Portfolio

90, 106 & 132 Hennessee Street, Clyde, NC 28721

$499,900
0.95 AC lot

Portfolio of three parcels with residences, a mobile home, garages, and two RV hookups on city utilities.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

3 Ruby Rose Lane, Candler, NC 28715

$395,000
2.00 AC lot

2+ acre mobile home park with income potential.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

155 Rush Rd, Clyde, NC 28721

Contact for pricing

Service Road Apartments is a 7-unit apartment building offered for sale as part of a larger 46-unit portfolio.

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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.

Rolling Farmland on Beaverdam Creek
Rolling Farmland on Beaverdam Creek

Beaverdam Road, Canton, NC 28716

$599,000
12.50 AC lot

12.5 acres of rolling farmland ideal for homes or RV park.

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Clyde, NC Riverfront Acreage
Clyde, NC Riverfront Acreage

347 Richland Creek Road, Clyde, NC 28721

$750,000
18.15 AC lot

18.15 acres with 1,000+ feet of Pigeon River frontage.

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Unrestricted Land Near Downtown Waynesville
Unrestricted Land Near Downtown Waynesville

112 Steinwald Trail, Waynesville, NC 28786

$75,000
5.76 AC lot

5.75-acre unrestricted property near downtown Waynesville, NC.

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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.

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Off-Market Properties in Canton, NC

Consider similar Off-Market properties in Canton, 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.

111 Elm Tree Ln
Multifamily properties

111 Elm Tree Ln, Canton, NC 28716

Value Estimation by Request
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Canton, NC Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Canton, NC on our real estate platform. These investment opportunities span a total of 14,646 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for multifamily properties in Canton, NC average $1,950,000 — 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

Apartment buildings 1

Demographics Overview

Population 16K
Population Growth (5Y) -8.9%
Median Household Income $60,008
College Educated 32.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28716 $2.5M

Taxes & Financing

Tax Rate (average for all types) 0.57%
Property Tax per SF $12.21 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Haywood County

New Delisted

Total CRE Inventory on Market (SF)

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