Multifamily

Ellenboro, NC Multifamily Properties for Sale

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Riverfront Resort with Cabins
Updated: Sep 26
Riverfront Resort with Cabins

252 Spencer Street, Ellenboro, NC 28040

$950,000
16.00 AC lot
Approximately 16 acres along the Second Broad River with waterfall views
Six insulated sleeper cabins and an approximately 800‑square‑foot bathhouse
Approximately 4,200‑square‑foot main residence with 6 bedrooms and 5 1/2 bathrooms
20’ x 40’ heated saltwater pool
Approximately 15 beds and 10 rooms across the retreat property
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Ellenboro, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

2022 Duplex with Garages
2022 Duplex with Garages

254 York Street, Chesnee, SC 29323

$389,950
2,598 sqft 0.23 AC lot

Tenant-occupied two-unit property near downtown Chesnee with practical residential layouts and attached garage space.

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Duplex with Attached Garages
Duplex with Attached Garages

254 York St, Chesnee, SC 29323

$389,950
2,598 sqft

Both residences are occupied and include individual garages.

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Mobile Home Park With Three Homes
Mobile Home Park With Three Homes

2125 Riverside Rd Unit 1, Shelby, NC 28152

$290,000
3.27 AC lot

Three singlewide homes with individual septic systems and expansion subject to county approval.

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21-Lot Mobile Home Park Portfolio
21-Lot Mobile Home Park Portfolio

103 Rustling Wind Drive, Shelby, NC 28150

Contact for pricing

Two mobile home parks are offered together in a North Carolina portfolio.

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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 Acreage with Highway Frontage
Unrestricted Acreage with Highway Frontage

Lot 2 Doggett Grove Road, Forest City, NC 28043

$45,000
1.93 AC lot

1.93 acres with city water and highway frontage.

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Residential Lot in Gaffney, SC
Residential Lot in Gaffney, SC

500 Holly Street, Gaffney, SC 29340

Contact for pricing
0.40 AC lot

Level lot suitable for custom or mobile home.

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Level Lot in Established Area
Level Lot in Established Area

500 Holly Street, Gaffney, SC 29340

Contact for pricing

Level lot suitable for custom or mobile home construction.

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Ellenboro, NC Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Ellenboro, NC on our real estate platform.

Sale prices for multifamily properties in Ellenboro, NC average $950,000 — 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

Short term rental properties 1

Demographics Overview

Population 7,047
Population Growth (5Y) -8.9%
Median Household Income $57,989
College Educated 26.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28040 $950K

Taxes & Financing

Tax Rate (average for all types) 0.70%
Property Tax per SF $25.11 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rutherford County

New Delisted

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