Multifamily

Mills River, NC Multifamily Properties for Sale

Notify Me
List
Map
Hendersonville, NC Horse Shoe, NC Arden, NC
Mills River Land with Development Potential
Updated: Sep 19, 2025
Mills River Land with Development Potential

467 Butler Farm Road, Mills River, NC 28759

$2,400,000
12.00 AC lot
12 acres bordering 170+ acres of State Horticulture land.
Proximity to Asheville Airport and I‑26 Airport Road exit.
Development potential for industrial or multi‑family use.
Includes 3 houses, barn, and workshop.
Rolling pasture with views.
View details
Mills River Land with Development Potential
Updated: Sep 19, 2025
Mills River Land with Development Potential

467 Butler Farm Road, Mills River, NC 28759

$2,400,000
12.00 AC lot
12 acres bordering 170+ acres of NC Horticulture land
Proximity to I‑26 Airport Road exit, Asheville Airport, and commercial retailers
Potential for industrial or multi‑family development
Three houses, barn, and workshop included
Existing structures are in good condition, needing minor repair
View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Mills River, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Turnkey Duplex with Two Separate Units
Turnkey Duplex with Two Separate Units

128 Rock Hill Road, Asheville, NC 28803

$699,000
0.22 AC lot

Like-new two-unit duplex built two years ago, offering flexible bedroom configurations and separate utilities for long-term rental use.

View details
Single-Family with Detached Studio
Single-Family with Detached Studio

5 Fieldtop Lane, Arden, NC 28704

$574,999
0.27 AC lot

Arts-and-crafts home with an above-garage studio offering flexible live-in and rental arrangements.

View details
Multifamily Asset in South Asheville
Multifamily Asset in South Asheville

2147 Brevard Rd, Arden, NC 28704

$2,800,000
12,372 sqft

10-unit multifamily asset with value-add potential in high-growth area.

View details
Hendersonville Road Development Opportunity
Hendersonville Road Development Opportunity

1945 Hendersonville Rd, Asheville, NC 28803

$3,000,000

Prime commercial land with development potential on Hendersonville Road.

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.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

View details
Rolling Farmland on Beaverdam Creek
Rolling Farmland on Beaverdam Creek

Beaverdam Road, Canton, NC 28716

$599,000
12.50 AC lot

12.5 acres of rolling farmland ideal for homes or RV park.

View details
Mountain-Edge Agricultural Land
Mountain-Edge Agricultural Land

1557 Shoal Creek Road, Balsam Grove, NC 28708

$350,000
8.50 AC lot

Partially cleared land with fenced goat areas and year-round water features, bordering Pisgah National Forest.

View details
Luxury RV Lot with Amenities
Luxury RV Lot with Amenities

116 Cornell Circle, Lake Lure, NC 28746

$120,000
3.00 AC lot

Class A RV lot with pond view and resort amenities.

View details

Off-Market Properties in Mills River, NC

Consider similar Off-Market properties in Mills River, 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.

72 Moody Park Dr
MOBILE HOME PARK, TRAILER PARK

72 Moody Park Dr, Mills River, NC 28759-6727

Value Estimation by Request
3.70 AC lot
View details
49 Moody Park Dr
MOBILE HOME PARK, TRAILER PARK

49 Moody Park Dr, Mills River, NC 28759-6727

Value Estimation by Request
0.91 AC lot
View details
17 Izzy Dr
MOBILE HOME PARK, TRAILER PARK

17 Izzy Dr, Mills River, NC 28759-4276

$795,000
Estimated value
9 sqft · 2.55 AC lot
View details
37 Goode Dr
MOBILE HOME PARK, TRAILER PARK

37 Goode Dr, Mills River, NC 28759-6729

Value Estimation by Request
12 sqft · 3.63 AC lot
View details
37 Pleasant Pl Dr
MOBILE HOME PARK, TRAILER PARK

37 Pleasant Pl Dr, Mills River, NC 28759

Value Estimation by Request
4 sqft · 2.06 AC lot
View details
24 Sunscape Path
MOBILE HOME PARK, TRAILER PARK

24 Sunscape Path, Mills River, NC 28759-4194

Value Estimation by Request
2.46 AC lot
View details
52 Sarah Marie St
MOBILE HOME PARK, TRAILER PARK

52 Sarah Marie St, Mills River, NC 28759-4935

Value Estimation by Request
0.43 AC lot
View details
12 Rachels Dr
MOBILE HOME PARK, TRAILER PARK

12 Rachels Dr, Mills River, NC 28759-4177

$5,020,000
Estimated value
936 sqft · 1.04 AC lot
View details
57 Knl Rdg Rd
MOBILE HOME PARK, TRAILER PARK

57 Knl Rdg Rd, Mills River, NC 28759-8525

Value Estimation by Request
19.73 AC lot
View details

Mills River, NC Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Mills River, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,800,000.

Sale prices for multifamily properties in Mills River, NC start at $2,400,000, averaging $2,400,000, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 26K
Population Growth (5Y) +3.4%
Median Household Income $82,219
College Educated 56.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28759 $2.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henderson County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings