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    Franklin, NC Multifamily Properties for Sale

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    Todd, NC West Jefferson, NC Sylva, NC
    15 results
    Prime Downtown Development Opportunity
    $975,000
    1,100 SF

    Prime Downtown Development Opportunity

    423 Iotla Street, Franklin, NC 28734

    2.41-acre parcel near downtown Franklin, NC, with development potential.

    • Prime downtown location in Franklin, NC, within walking distance to amenities
    • Large 2.41‑acre parcel suitable for development
    • City water, sewer, and Toccoa natural gas available
    • Multiple development options: multi‑family, single‑family homesites, or estate
    • Historic two‑family home with original features like 11‑foot ceilings and heart of pine flooring
    Updated: Apr 6
    View details
    Franklin, NC Commercial Opportunity
    $975,000
    2,000 SF

    Franklin, NC Commercial Opportunity

    423 Iotla Street, Franklin, NC 28734

    2.41-acre parcel near downtown Franklin with development potential.

    • Prime 2.41‑acre parcel within walking distance to downtown Franklin, NC.
    • City water, sewer, and Toccoa natural gas available.
    • Multiple development options: multi‑family, single‑family homesites, or in‑town estate.
    • Historic two‑family home with potential for renovation.
    • 1,100 sq ft workshop adaptable for home, storefront, or storage.
    Updated: Apr 6
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    Franklin NC Multifamily Investment Opportunity
    $3,100,000
    1,305 SF

    Franklin NC Multifamily Investment Opportunity

    Multi-family investment property with expansion potential in Franklin, North Carolina.

    520 Baird Cove Rd, Franklin, NC 28734
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    Three Homes on Two Lots
    $550,000
    1.34 Acres

    Three Homes on Two Lots

    Three homes with rental potential in Franklin, North Carolina.

    39 & 27 Woodcove Dr, Franklin, NC 28734
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    Unrestricted Property with Income Potential
    $479,000
    3.77 Acres

    Unrestricted Property with Income Potential

    3.77 acre property with main house and mobile home.

    4908 Rose Creek, Franklin, NC 28734
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    Versatile Property in Cowee
    $574,900
    2.35 Acres

    Versatile Property in Cowee

    Multifamily property with rental income potential on 2.35 acres.

    29 T And E Ln, Franklin, NC 28734
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    Franklin NC Multifamily Investment Opportunity
    $3,100,000
    8.20 Acres

    Franklin NC Multifamily Investment Opportunity

    8.2-acre multifamily property with 14 units and expansion potential.

    520 Baird Cove Rd lot: 8-14 +, Franklin, NC 28734
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    Franklin, NC Mobile Home Park
    $799,000
    924 SF

    Franklin, NC Mobile Home Park

    Four-unit mobile home park on 2.03 acres in Franklin, NC.

    6103539 Boulder Court, Franklin, NC 28734
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    Franklin, NC Land For Sale
    $99,900
    0.30 Acres

    Franklin, NC Land For Sale

    28-acre community with 78 titled park model RV homes.

    527 Saunders lot 56 Road, Franklin, NC 28734
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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 Home Lot
    $99,900
    0.17 Acres

    Park Model RV Home Lot

    Lot for titled park model RV home in Franklin, NC.

    527 Saunders Rd. Lot# 56, Franklin, NC 28734
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    Park Model RV Home Lot
    $79,900
    0.57 Acres

    Park Model RV Home Lot

    Lot for a titled Park Model RV home in Franklin, NC.

    527 Saunders LOT 68 Road, 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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    Usable 40-Acre Unrestricted Land
    $1,400,000
    40.00 Acres

    Usable 40-Acre Unrestricted Land

    40 acres of unrestricted land with river frontage near town.

    Patton Road, Franklin, NC 28734
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    Park Model RV Home Lot
    $89,900
    0.23 Acres

    Park Model RV Home Lot

    Lot for a Tiny Life home in Peaceful Meadows community.

    527 Saunders Lot #54 Road, Franklin, NC 28734
    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 15 Active listings in Franklin, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Mountain Fortress in Gated Community
    $1,500,000
    6,144 SF

    Mountain Fortress in Gated Community

    Unique mountain top property with stunning views and rental potential.

    2222 Greenspire Drive, Sylva, NC 28779
    View details
    Multifamily Property Near WCU Campus
    $2,349,000
    10,649 SF

    Multifamily Property Near WCU Campus

    Student apartment complex near Western Carolina University with development potential.

    44 & 54 Legacy Lane, Cullowhee, NC 28723
    View details
    Sylva Mixed-Use Investment Opportunity
    $675,000
    6,262 SF

    Sylva Mixed-Use Investment Opportunity

    Fully leased mixed-use property in downtown Sylva with income potential.

    439 W Main St, Sylva, NC 28779
    View details
    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

    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 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
    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
    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
    View details
    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
    View details

    Off-Market Properties in Franklin, NC

    Consider similar Off-Market properties in Franklin, 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.

    520 Baird Cove Rd
    Multifamily properties
    348,480 SF

    520 Baird Cove Rd, Franklin, NC 28734

    View details

    Franklin, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 16 multifamily properties for sale in Franklin, NC, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 5,329 square feet of properties for sale, with an estimated market value of $5,849,000.

    Sale prices for multifamily properties in Franklin, NC start at $799,000, averaging $1,462,250, and reaching up to $3,100,000 — 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

    Mobile home & RV parks 8
    Apartment buildings 2
    Short term rental properties 2

    Demographics Overview

    Population 29K
    Population Growth (5Y) +8.3%
    Median Household Income $50,221
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28734 $832.8K

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $8.99 per sq ft
    Average Loan-to-Value 65.0%

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