Multifamily

Cullowhee, NC Multifamily Properties for Sale

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Found 6 multifamily properties for sale in Cullowhee, NC, averaging $499/sq ft. Use valuation data to compare deals faster.
Mixed-Use Residential and Commercial Property
Updated: Oct 24, 2025
Mixed-Use Residential and Commercial Property

3074 Old Cullowhee Rd, Cullowhee, NC 28723

$799,000
1,600 sqft 0.59 AC lot
Two‑building property in Cullowhee, including a remodeled 4‑bedroom, 2.5‑bath home and a second building with 3 apartments plus a commercial space
Second building layout includes two 2‑bed/1‑bath units and one studio apartment
Commercial space is included and was previously a restaurant
Home originally built in 1902
Frame construction with a metal roof
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Mountain Duplex with Guest House
Updated: Jul 2
Mountain Duplex with Guest House

59 Stewart Rd, Cullowhee, NC 28723

$896,000
2.88 AC lot
Duplex classification with a primary residence and separate guest house
2.88‑acre property in Cullowhee, NC
Guest house includes a full kitchen, living area, bedroom, bathroom, laundry, and porch
Primary home offers three main‑level bedrooms and a walkout lower level
Separate workshop and equipment bay building
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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Multifamily Property Near Western Carolina
Multifamily Property Near Western Carolina

44 & 54 Legacy Lane, Cullowhee, NC 28723

$2,349,000

Student apartment complex near Western Carolina University with development potential.

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Campus-Adjacent Multifamily Portfolio
Campus-Adjacent Multifamily Portfolio

96 Sulphur Springs Rd, Cullowhee, NC 28723

Contact for pricing

Eleven residential units across two locations offer walkable access to Western Carolina University and established professional management.

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Four-Unit Cottage Quadplex
Four-Unit Cottage Quadplex

96 Stedman Dr, Cullowhee, NC 28723

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Four residential cottages offer two 2-bedroom units and two 1-bedroom units near Western Carolina University.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

Retail Space with Storage Units
Retail Space with Storage Units

9410 Sylva Road, Franklin, NC 28734

$2,000,000
3,500 sqft 11.00 AC lot

Highway-facing commercial property with ancillary storage, RV parking, and on-site residential space.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

9410 Sylva Rd, Franklin, NC 28734

$2,000,000
3,500 sqft

Commercial acreage includes storage improvements, an RV area, billboards, and a doublewide mobile home.

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Mobile Home Park Portfolio
Mobile Home Park Portfolio

8 Petunia Ln, Sylva, NC 28779

Contact for pricing

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

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Mountain-View RV Park Lot
Mountain-View RV Park Lot

50 Timber Leaf Drive # 8, Sylva, NC 28779

$40,000

RV site with mountain views, a shared well, paved access, and a privately maintained road within Savannah Creek RV Park.

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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 Land Near Downtown Waynesville
Unrestricted Land Near Downtown Waynesville

112 Steinwald Trail, Waynesville, NC 28786

$67,500
5.76 AC lot

5.75-acre unrestricted property near downtown Waynesville, NC.

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Fenced Farm Land
Fenced Farm Land

1557 Shoal Creek Road, Balsam Grove, NC 28708

$325,000
8.50 AC lot

Partially cleared farm property with fenced acreage, streams, a reflection pond, and two access points from Shoal Creek.

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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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RV Resort Site with Full Hookups
RV Resort Site with Full Hookups

82 Holiday Rambler Lane, Dillard, GA 30537

$65,000
0.04 AC lot

Level gravel pad within a golf-cart-friendly resort with extensive recreational amenities.

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Cullowhee, NC Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Cullowhee, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $4,843,000.

Sale prices for multifamily properties in Cullowhee, NC start at $799,000, averaging $1,210,750, 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 4
Duplexes 1
Quadplexes 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 $1.4M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Jackson County

Residential Income

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