Multifamily

Elkin, NC Multifamily Properties for Sale

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Jonesville, NC Traphill, NC State Road, NC Ronda, NC Roaring River, NC Marshall, NC Boonville, NC North Wilkesboro, NC
Mixed Use, Multifamily, Office, Retail
Updated: Mar 3
Mixed Use, Multifamily, Office, Retail

105 W Main St, Elkin, NC 28621

$749,000
7,611 sqft
Prime location in the heart of Historic Downtown Elkin with high street visibility and walkable appeal
Mixed‑use property featuring a 2,986 sq ft retail space currently leased to an upscale antique store and two loft‑style apartments totaling 2,375 sq ft, offering income potential
Architecturally significant building with intact historic facade, including classical cast‑iron pilasters, round‑arched windows, and stone keystones
2,250 sq ft basement with concrete floors, accessible from both the rear alley and interior, suitable for storage, workshop, or future development
New roof and electric heat pumps for heating and cooling
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 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 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

71 E Cheek Street, Sparta, NC 28675

$425,000
0.33 AC lot

Six-unit apartment building with multiple upgraded interiors and Town water and sewer in Sparta’s town limits.

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Riverfront Unrestricted Land with RV Sites
Riverfront Unrestricted Land with RV Sites

132 Sparks Ridge Lane, Sparta, NC 28675

$279,000
6.04 AC lot

Unrestricted riverfront acreage on the Little River with power on site, two RV hookups, and permitted septic and well.

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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
3,000 sqft 3.71 AC lot

Commercial property with 14 rental units and post office.

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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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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 Workshop Site with Flex Build Area
Improved Workshop Site with Flex Build Area

144 SPEAKS Road, Olin, NC 28660

$79,000
1.14 AC lot

A 1.14-acre parcel with an equipped workshop and utilities support, plus defined build limits for compliant accessory and storage use.

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Wooded Corner Lot in Fancy Gap
Wooded Corner Lot in Fancy Gap

Apache Trail lot: 8, Fancy Gap, VA 24328

Contact for pricing
0.40 AC lot

Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

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Statesville Land Near Airport
Statesville Land Near Airport

130 Aviation Drive, Statesville, NC 28677

$389,000
8.03 AC lot

8.03 acres near I-40, approved for mini/RV storage.

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Unrestricted Land with River Frontage
Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$250,000
20.67 AC lot

20+ acres of unrestricted land with New River frontage.

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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

$595,000
Estimated value
4,842 sqft 1.80 AC lot
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130 Hl St
GARDEN APT, COURT APT (5+ UNITS)

130 Hl St, Elkin, NC 28621-2416

$630,000
Estimated value
4,977 sqft 3.10 AC lot
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362 Tilleys Rd
MOBILE HOME PARK, TRAILER PARK

362 Tilleys Rd, Elkin, NC 28621-7924

Value Estimation by Request
3.20 AC lot
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250 Lyles St
GARDEN APT, COURT APT (5+ UNITS)

250 Lyles St, Elkin, NC 28621-2239

$700,000
Estimated value
4,120 sqft 10.61 AC lot
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645 Elk Spur St
GARDEN APT, COURT APT (5+ UNITS)

645 Elk Spur St, Elkin, NC 28621-3252

Value Estimation by Request
3,480 sqft 0.46 AC lot
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1307 Cool Spgs Church Rd
MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request
995 sqft 7.40 AC lot
View details

Elkin, NC Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Elkin, NC on our real estate platform. These investment opportunities span a total of 7,611 square feet of properties for sale, with an estimated market value of $749,000.

Sale prices for multifamily properties in Elkin, NC start at $749,000, averaging $749,000, and reaching up to $749,000 — 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 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 $489.5K

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%

Total CRE Inventory on Market (SF)

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