Rutherfordton, NC Multifamily properties for sale

Updated: Jun 11

Renovated Duplex With Separate Utilities

114 South Mitchell Street, Rutherfordton, NC 28139

$230,000

1,380 sqft

Newly renovated 2‑unit duplex (2 separate homes) built in 1951 at 114 S Mitchell St, Rutherfordton, NC 28139
Two ~690 sq ft units total ~1,380 sq ft, each with a 1 BR, 1 Bath, and LR
Each unit has its own entrance, separate utility meters, and a dedicated laundry area
Utilities for both sides are separately metered for water/sewer, power, and natural gas
No tenants since complete remodel

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This listing looks promising.

Here's a quick look at some key insights for

114 South Mitchell Street, Rutherfordton, NC 28139

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Est. Cap Rate

3.5%
NOI ÷ price
Est. NOI

$8K
Annual
Price @ 7% Cap

$116K
Suggested
Property Type

Multi-Family Dwellings
Built 1951

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Updated: Mar 27

Renovated Duplex with Separate Entrances

114 S Mitchell Street, Rutherfordton, NC 28139

$225,000

0.17 AC lot

Newly renovated duplex with 2 units, each offering 1 bedroom and 1 bathroom
Approximately 690 sq ft per unit for a total of about 1,380 sq ft of living space
Each unit has its own entrance, separate utility meters, and its own laundry area
Natural gas heating with window unit cooling
Roof is shingle; flooring includes linoleum and carpet

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Rutherfordton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Well-Maintained Duplex Residence

254 York Street, Chesnee, SC 29323

$389,950

2,598 sqft 0.23 AC lot

Two 3-bedroom, 2-bath units with one-car garages, currently occupied and generating immediate rental income.

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Duplex with Two-Unit Rental

250 York Street, Chesnee, SC 29323

$389,950

2,598 sqft 0.19 AC lot

Well maintained duplex in Chesnee offers two leased units with three bedrooms, two baths, and attached one-car garages.

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Mixed-Use Motel and Retail Property

6080 Us 64 74a Hwy, Lake Lure, NC 28746

$499,000

4.00 AC lot

Four-acre site with six buildings, including motel/short-term rental use and former ice cream and antique shop spaces.

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Condominium Units in Lake Lure Resort

747 Buffalo Creek Rd, Lake Lure, NC 28746

Contact for pricing

59,909 sqft

68 condominium-style units within established resort, offered for sale.

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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

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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Bostic Land with Mountain Views

158 Dusty Hollow, Bostic, NC 28018

$70,000

3.28 AC lot

3.28 acres with camper, shed, and essential utilities.

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Lake Lure RV Lot

106 Cornell Circle, Lake Lure, NC 28746

$115,000

Lakefront RV lot with mountain views and resort amenities.

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Unrestricted Land in Western NC

V/L Southern Way, Nebo, NC 28761

$799,000

102.80 AC lot

105.57+/- acres perfect for hunting, recreation, or development.

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Off-Market Properties in Rutherfordton, NC

Consider similar Off-Market properties in Rutherfordton, 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.

GARDEN APT, COURT APT (5+ UNITS)

142 Riverside Dr, Rutherfordton, NC 28139-8162

$650,000

Estimated value

1,296 sqft 14.00 AC lot

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Multifamily properties

335 Lazy Crk Dr, Rutherfordton, NC 28139

Value Estimation by Request

18.00 AC lot

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Rutherfordton, NC Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Rutherfordton, NC on our real estate platform. These investment opportunities span a total of 1,380 square feet of properties for sale, with an estimated market value of $455,000.

Sale prices for multifamily properties in Rutherfordton, NC start at $225,000, averaging $227,500, and reaching up to $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
28139	$227.5K

Neighborhood

Average Price

28139

$227.5K

Rutherfordton, NC Multifamily Properties for Sale

114 South Mitchell Street, Rutherfordton, NC 28139

114 S Mitchell Street, Rutherfordton, NC 28139