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    Cullowhee, NC Multifamily Properties for Sale

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    Franklin, NC Sylva, NC Webster, NC Tuckasegee, NC Dillsboro, NC Glenville, NC Whittier, NC Balsam, NC
    Multifamily Property Near WCU Campus
    Updated: Mar 19
    Multifamily Property Near WCU Campus

    44 & 54 Legacy Lane, Cullowhee, NC 28723

    $2,349,000
    10,649 sqft 0.70 AC lot
    Multifamily student apartment property in Cullowhee, NC near Western Carolina University (WCU)
    Built in 1971 with concrete construction materials
    Central and heat pump/electric heating with central air and heat pump/electric cooling
    Flooring includes hardwood and tile
    Roofing materials include metal and shingle
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    Cullowhee Mixed-Use Investment Opportunity
    Updated: Oct 24, 2025
    Cullowhee Mixed-Use Investment Opportunity

    3074 Old Cullowhee Rd, Cullowhee, NC 28723

    $799,000
    1,600 sqft 0.59 AC lot
    Two buildings: Remodeled 4‑bedroom home and a separate building with three apartments (two 2‑bed/1‑bath, one studio) and commercial space.
    Prime location in Cullowhee, the fastest‑growing area in Jackson County, near Western Carolina University and the Tuckasegee River.
    Versatile commercial space previously used as a restaurant, suitable for dining, retail, or conversion to living space.
    Strong rental demand and income potential due to proximity to the university and tourist attractions.
    Jackson County ranked as one of the best places in the nation to start a new business.
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    Residential Income Property with Guest House
    Residential Income Property with Guest House

    59 Stewart Rd, Cullowhee, NC 28723

    $896,000
    2.88 AC lot

    Unrestricted mountain estate featuring a main residence and a separate guest house with its own kitchen, living area, and porch.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Property in Growing Area
    Mixed-Use Property in Growing Area

    3074/3050 Old Cullowhee Road, Cullowhee, NC 28723

    $799,000

    Investment opportunity with residential and commercial potential near university.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Cullowhee, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Riverfront Land with Rental Cabins
    Riverfront Land with Rental Cabins

    1039 Mockingbird Lane, Sylva, NC 28779

    $482,000
    560 sqft 1.98 AC lot

    For sale in Sylva, NC: a river-edge parcel with five structures for vacation rental use.

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    Prime Downtown Development Opportunity
    Prime Downtown Development Opportunity

    423 Iotla Street, Franklin, NC 28734

    $895,000
    2.41 AC lot

    2.41-acre parcel near downtown Franklin, NC, with development potential.

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    Mobile Home Park Portfolio
    Mobile Home Park Portfolio

    8 Petunia Ln, Sylva, NC 28779

    $2,600,000

    Three-property mobile home park portfolio with 63 units and city utilities or well water/city sewer.

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    Titled Park Model RV Community
    Titled Park Model RV Community

    527 Saunders Rd, Franklin, NC 28734

    $99,900
    28.00 AC lot

    Peaceful Meadows is under active construction, planned for 78 titled park model homes with paved roads, water, septic, and internet.

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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.

    Unrestricted Acre with Septic Permit
    Unrestricted Acre with Septic Permit

    149 Wild Turkey Ln, Franklin, NC 28734

    $40,000
    1.00 AC lot

    One-acre parcel with septic permit, spring, and gravel driveway.

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    Partially Cleared Acreage with Creek
    Partially Cleared Acreage with Creek

    1557 Shoal Creek Road, Balsam Grove, NC 28708

    $340,000
    8.50 AC lot

    A partially cleared tract with fenced goat area, tree coverage, and on-site water sources including a pond and creek.

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    Unrestricted Land Near Downtown Waynesville
    Unrestricted Land Near Downtown Waynesville

    112 Steinwald Trail, Waynesville, NC 28786

    $80,000
    5.76 AC lot

    5.75-acre unrestricted property near downtown Waynesville, NC.

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    Unrestricted Mountain Land Parcel
    Unrestricted Mountain Land Parcel

    Robinson Gap Road, Bryson City, NC 28713

    $39,900
    0.87 AC lot

    Unrestricted 0.869-acre parcel with state-maintained road frontage and Duke Energy power at the base.

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    Cullowhee, NC Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Cullowhee, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,249 square feet of properties for sale, with an estimated market value of $3,148,000.

    Sale prices for multifamily properties in Cullowhee, NC start at $799,000, averaging $1,574,000, and reaching up to $2,349,000 — 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 5
    Duplexes 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +2.2%
    Median Household Income $43,539
    College Educated 46.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28723 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.38%
    Property Tax per SF $16.20 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

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