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    Cullowhee, NC Multifamily Properties for Sale

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    Franklin, NC Sylva, NC Webster, NC
    Multifamily Property Near WCU Campus
    $2,349,000
    10,649 SF
    Multifamily Property Near WCU Campus

    44 & 54 Legacy Lane, Cullowhee, NC 28723

    Student apartment complex near Western Carolina University with development potential.
    • Prime location in the heart of Western Carolina University's campus.
    • Strong rental income and immediate cash flow with 100% occupancy.
    • Limited campus parking ensures high demand for walkable housing.
    • Significant long‑term development potential for commercial or residential projects.
    • Concrete construction.
    Updated: Mar 19
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    Cullowhee Mixed-Use Investment Opportunity
    $799,000
    1,600 SF
    Cullowhee Mixed-Use Investment Opportunity

    3074 Old Cullowhee Rd, Cullowhee, NC 28723

    Mixed-use property with residential and commercial spaces near WCU.
    • 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.
    Updated: Oct 24, 2025
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    Multifamily Property Near Western Carolina
    $2,349,000
    Multifamily Property Near Western Carolina

    Student apartment complex near Western Carolina University with development potential.

    44 & 54 Legacy Lane, Cullowhee, NC 28723

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    Multifamily Property Near Western Carolina
    $2,349,000
    10,649 SF
    Multifamily Property Near Western Carolina

    Student apartment complex near Western Carolina University with development potential.

    44 & 54 Legacy Lane, Cullowhee, NC 28723

    View details
    Mixed-Use Property in Growing Area
    $799,000
    Mixed-Use Property in Growing Area

    Investment opportunity with residential and commercial potential near university.

    3074/3050 Old Cullowhee Road, Cullowhee, NC 28723

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 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.

    Downtown Mixed-Use Building with Parking
    $675,000
    6,262 SF
    Downtown Mixed-Use Building with Parking

    Fully leased building combines office space and two walk-up apartments with on-site parking in downtown Sylva.

    439 W Main St, Sylva, NC 28779

    View details
    Sylva Riverfront Investment Opportunity
    $482,000
    560 SF
    Sylva Riverfront Investment Opportunity

    Unique riverfront investment property with vacation rental potential in Sylva.

    1039 Mockingbird Lane, Sylva, NC 28779

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    Park Model RV Home Lot
    $89,900
    0.51 Acres
    Park Model RV Home Lot

    Lot for a Tiny Life home in Peaceful Meadows community.

    527 Saunders Rd. Lot #54, Franklin, NC 28734

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    Park Model RV Lot
    $79,900
    0.17 Acres
    Park Model RV Lot

    Lot for a Titled Park Model RV home.

    527 Saunders Rd. Lot# 68, Franklin, NC 28734

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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.

    Whittier, NC Unrestricted Land
    Contact for pricing
    0.86 Acres
    Whittier, NC Unrestricted Land

    0.86 acre level lot near Bryson City.

    Cougar Lane, Whittier, NC 28789

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    Unrestricted Land in Franklin, NC
    Contact for pricing
    0.92 Acres
    Unrestricted Land in Franklin, NC

    0.92 acre of unrestricted land, ideal for RV or tiny home.

    Off 1343 Orenda Drive lot: 4, Franklin, NC 28734

    View details
    Unrestricted Acre with Septic Permit
    $40,000
    1.00 Acre
    Unrestricted Acre with Septic Permit

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

    149 Wild Turkey Ln, Franklin, NC 28734

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    Scenic Land with River Views
    $199,000
    2.02 Acres
    Scenic Land with River Views

    Land with utilities, campsites, and river views in Franklin, NC.

    4092 Rose Creek Rd, Franklin, NC 28734

    View details

    Cullowhee, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Cullowhee, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,898 square feet of properties for sale, with an estimated market value of $5,497,000.

    Sale prices for multifamily properties in Cullowhee, NC start at $799,000, averaging $1,832,333, 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

    Apartment buildings 5

    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 median 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 sq ft
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Residential Income

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