Multifamily

Spruce Pine, NC Multifamily Properties for Sale

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Bakersville, NC Newland, NC Marion, NC Little Switzerland, NC Burnsville, NC Linville Falls, NC Green Mountain, NC Jonas Ridge, NC
Residential Income Duplex Potential
Updated: Jul 22
Residential Income Duplex Potential

1086 Carters Ridge Road, Spruce Pine, NC 28777

$670,000
2,914 sqft 1.02 AC lot
1958‑built home on 1.02 acres with mountain views and 4 bedrooms, 3.5 bathrooms.
Main level set up as two separate living spaces: left has primary suite, kitchen, living room, laundry, half bath, and screened porch with hot tub; right has kitchen with breakfast area, dining, living, laundry, and covered porch.
Basement level includes a large bedroom and full bath, plus garage and abundant storage.
Multiple septic tanks and tankless water heaters for added efficiency and convenience.
New roof installed in February 2025.
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Spruce Pine, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Multifamily Apartment Property
Renovated Multifamily Apartment Property

80 Lindsey Ln, Burnsville, NC 28714

$1,450,000
8,631 sqft 1.98 AC lot

Four-building apartment community with varied unit layouts, updated interiors, and mini-split HVAC systems.

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Renovated Furnished Duplex
Renovated Furnished Duplex

65 Walnut St, Marion, NC 28752

$750,000
2,750 sqft

Two-level configuration supports separate occupancy, with one furnished unit and an unfurnished upper unit ready for move-in.

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Burnsville Mixed-Use Investment Opportunity
Burnsville Mixed-Use Investment Opportunity

505 E Main St, Burnsville, NC 28714

$925,000

Income-producing property with apartments, retail, and cabin residence.

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RV Park Site with Pool Access
RV Park Site with Pool Access

1559 Old Hwy 10 E, Marion, NC 28752

Contact for pricing

An RV site in a 55+ community with full hookups, pool access, and nearby Lake James recreation.

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Off-Market Properties in Spruce Pine, NC

Consider similar Off-Market properties in Spruce Pine, 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.

226 Hwy Hwy
MOBILE HOME PARK, TRAILER PARK

226 Hwy Hwy, Spruce Pine, NC 28777

Estimated value:
$830,000
5.00 AC lot
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260 Spruce Pne Campground Rd
CAMPGROUND, RV PARK

260 Spruce Pne Campground Rd, Spruce Pine, NC 28777-6385

Estimated value:
$600,000
392 sqft 11.50 AC lot
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84 Washburn Rd
MOBILE HOME PARK, TRAILER PARK

84 Washburn Rd, Spruce Pine, NC 28777-8947

Estimated value:
$1,740,000
9.37 AC lot
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77 Golf Dr
MOBILE HOME PARK, TRAILER PARK

77 Golf Dr, Spruce Pine, NC 28777-8662

Estimated value:
$300,000
13.22 AC lot
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9387 Us 19th Hwy
GARDEN APT, COURT APT (5+ UNITS)

9387 Us 19th Hwy, Spruce Pine, NC 28777-9345

Estimated value:
$305,000
2,674 sqft 1.35 AC lot
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Shannon Dr
MOBILE HOME PARK, TRAILER PARK

Shannon Dr, Spruce Pine, NC 28777

Estimated value:
$255,000
1.74 AC lot
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Franklin Crst Rd
CAMPGROUND, RV PARK

Franklin Crst Rd, Spruce Pine, NC 28777

Estimated value:
$275,000
38.35 AC lot
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1024 Beaver Crk Rd
MOBILE HOME PARK, TRAILER PARK

1024 Beaver Crk Rd, Spruce Pine, NC 28777-5322

Estimated value:
$255,000
2.18 AC lot
View details
2171 Henredon Rd
CAMPGROUND, RV PARK

2171 Henredon Rd, Spruce Pine, NC 28777-5706

Estimated value:
$410,000
220.27 AC lot
View details

Spruce Pine, NC Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Spruce Pine, NC on our real estate platform. These investment opportunities span a total of 2,914 square feet of properties for sale, with an estimated market value of $670,000.

Sale prices for multifamily properties in Spruce Pine, NC average $670,000 — 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

Duplexes 1
Short term rental properties 1

Demographics Overview

Population 10K
Population Growth (5Y) +0.5%
Median Household Income $62,399
College Educated 26.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28777 $670K

Taxes & Financing

Tax Rate (average for all types) 0.56%
Property Tax per SF $10.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mitchell County

New Delisted

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