Multifamily

Elkin, NC Multifamily Properties for Sale

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Jonesville, NC Traphill, NC State Road, NC Ronda, NC Lansing, NC Roaring River, NC Marshall, NC Hamptonville, NC
15-Unit Apartment Complex
Updated: Aug 18
15-Unit Apartment Complex

Wilkes Street, Elkin, NC 28621

$1,800,000
13.23 AC lot
15 apartment units on 13.23 +/- acres
100% occupancy across the complex
Two‑bedroom, 1.5‑bath layouts in each unit
Brick construction with a roof installed in 2019
Individual HVAC systems and appliances included
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15-Unit Apartment Complex
Updated: Aug 14
15-Unit Apartment Complex

000 Wilkes St, Elkin, NC 28621

$1,800,000
13.23 AC lot
15‑unit apartment complex situated on 13.23 +/- acres
100% occupancy across the property
Every unit includes 2 bedrooms and 1.5 baths
Brick construction with a roof installed in 2019
Individual HVAC systems and appliances included in units
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Elkin, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 2 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.

Glade Valley Commercial Property
Glade Valley Commercial Property

18, 40, 90 Glade Valley Church Road, Glade Valley, NC 28627

$1,149,000
10,390 sqft

Commercial property with 14 rental units and US Post Office.

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Glade Valley Investment Opportunity
Glade Valley Investment Opportunity

18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

$1,149,000
3.71 AC lot

Commercial property with 14 rental units and post office.

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Two-Unit Duplex with Public Utilities
Two-Unit Duplex with Public Utilities

1098 6th Street A & B, North Wilkesboro, NC 28659

$298,000

Well-maintained rental property with two-bedroom units in a quiet residential setting near town amenities.

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Duplex Property With Additional Units
Duplex Property With Additional Units

1929 Walt Brewer Road, North Wilkesboro, NC 28659

Contact for pricing

Income-producing property includes a duplex, apartment, and separate home requiring repairs.

View details

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.

Improved Rural Land Parcel
Improved Rural Land Parcel

144 SPEAKS Road, Olin, NC 28660

$69,000
1.14 AC lot

1.14-acre parcel on Speaks Road with site work completed, utilities onsite, and restrictions limiting rear setback uses.

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Residential Land in Alexander County
Residential Land in Alexander County

21 Hickory Dr, Taylorsville, NC 28681

Contact for pricing
1.90 AC lot

1.9 acre residential property with utilities in Taylorsville, NC.

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Off-Market Properties in Elkin, NC

Consider similar Off-Market properties in Elkin, 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.

2020 Brg St
GARDEN APT, COURT APT (5+ UNITS)

2020 Brg St, Elkin, NC 28621-2108

$375,000
Estimated value
4,842 sqft 1.80 AC lot
View details
130 Hl St
GARDEN APT, COURT APT (5+ UNITS)

130 Hl St, Elkin, NC 28621-2416

$415,000
Estimated value
4,977 sqft 3.10 AC lot
View details
362 Tilleys Rd
MOBILE HOME PARK, TRAILER PARK

362 Tilleys Rd, Elkin, NC 28621-7924

$255,000
Estimated value
3.20 AC lot
View details
250 Lyles St
GARDEN APT, COURT APT (5+ UNITS)

250 Lyles St, Elkin, NC 28621-2239

$705,000
Estimated value
4,120 sqft 10.61 AC lot
View details
645 Elk Spur St
GARDEN APT, COURT APT (5+ UNITS)

645 Elk Spur St, Elkin, NC 28621-3252

$305,000
Estimated value
3,480 sqft 0.46 AC lot
View details
1307 Cool Spgs Church Rd
MOBILE HOME PARK, TRAILER PARK

1307 Cool Spgs Church Rd, Elkin, NC 28621-9206

$225,000
Estimated value
995 sqft 7.40 AC lot
View details

Elkin, NC Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Elkin, NC on our real estate platform.

Sale prices for multifamily properties in Elkin, NC average $1,800,000 — 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 2

Demographics Overview

Population 9,977
Population Growth (5Y) -5.0%
Median Household Income $54,481
College Educated 23.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28621 $1.8M

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.89 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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