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Spruce Pine, NC

Multifamily

Spruce Pine, NC Multifamily Properties for Sale

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Bakersville, NC Newland, NC Little Switzerland, NC Burnsville, NC Marion, NC Linville Falls, NC Green Mountain, NC Sugar Mountain, NC

Multifamily Residence with Outbuilding

Updated: Jul 22

Multifamily Residence with Outbuilding

1086 Carters Ridge Road, Spruce Pine, NC 28777

$699,997

1.02 AC lot

4‑bedroom, 3.5‑bath home built in 1958 with flexible layout featuring two separate living spaces and basement living area
Options to convert to a duplex or triplex (as described in the remarks), with 4 bedrooms and 3.5 bathrooms total
Screened‑in porch with hot tub plus porch and covered porch areas for indoor‑outdoor living
Basement level includes a large bedroom, full bath, and garage with abundant storage
1.02 acres with a 60x26 outbuilding with roll‑up doors for storage or workshop use

Residential Income Duplex Potential

Updated: Jul 22

Residential Income Duplex Potential

1086 Carters Ridge Road, Spruce Pine, NC 28777

$699,997

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.

Newly Remodeled Four-Plex Residence

Newly Remodeled Four-Plex Residence

468 Deer Park Lake Road, Spruce Pine, NC 28777

$574,000

4,342 sqft

Newly remodeled brick ranch four-plex with updated interiors, windows, and a newly installed 7-bedroom septic system.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 3 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, 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.

RV Lot with Covered Deck

RV Lot with Covered Deck

55 Sassafras Road, Newland, NC 28657

$197,451

0.12 AC lot

RV lot with outdoor kitchen, entertainment area, and storage.

Recreation Land RV Site

Recreation Land RV Site

158 Trillium Road, Newland, NC 28646

$118,500

0.12 AC lot

Recreation land lot offered as an RV site within Linville Land Harbor, with access to shared resort-style amenities.

Short-Term Rental Retreat Property

Short-Term Rental Retreat Property

1-1458 Riverview Rd, Burnsville, NC 28714

$249,900

A private, fully set up short-term rental retreat with two renovated Airstreams and dedicated utilities.

Burnsville Mixed-Use Investment Opportunity

Burnsville Mixed-Use Investment Opportunity

505 E Main Street, Burnsville, NC 28714

$925,000

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

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 Western NC

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.

Wooded Land in Forest Creek

Wooded Land in Forest Creek

Daisy Place, Collettsville, NC 28611

Contact for pricing

5.45 AC lot

5.45 acres of wooded land; manufactured homes allowed.

Lake Lure RV Lot

Lake Lure RV Lot

106 Cornell Circle, Lake Lure, NC 28746

$115,000

Lakefront RV lot with mountain views and resort amenities.

Vacant Land with River Frontage

Vacant Land with River Frontage

150 Rollins Road #1 & 2, Marshall, NC 28753

$195,000

Two contiguous lots with river and creek frontage.

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

$870,000

Estimated value

5.00 AC lot

260 Spruce Pne Campground Rd

CAMPGROUND, RV PARK

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

$600,000

Estimated value

392 sqft 11.50 AC lot

84 Washburn Rd

MOBILE HOME PARK, TRAILER PARK

84 Washburn Rd, Spruce Pine, NC 28777-8947

$1,665,000

Estimated value

9.37 AC lot

77 Golf Dr

MOBILE HOME PARK, TRAILER PARK

77 Golf Dr, Spruce Pine, NC 28777-8662

Value Estimation by Request

13.22 AC lot

9387 Us 19th Hwy

GARDEN APT, COURT APT (5+ UNITS)

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

Value Estimation by Request

2,674 sqft 1.35 AC lot

Shannon Dr

MOBILE HOME PARK, TRAILER PARK

Shannon Dr, Spruce Pine, NC 28777

Value Estimation by Request

1.74 AC lot

Franklin Crst Rd

CAMPGROUND, RV PARK

Franklin Crst Rd, Spruce Pine, NC 28777

Value Estimation by Request

38.35 AC lot

1024 Beaver Crk Rd

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

2.18 AC lot

2171 Henredon Rd

CAMPGROUND, RV PARK

2171 Henredon Rd, Spruce Pine, NC 28777-5706

Value Estimation by Request

220.27 AC lot

Spruce Pine, NC Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Spruce Pine, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,256 square feet of properties for sale, with an estimated market value of $1,973,994.

Sale prices for multifamily properties in Spruce Pine, NC start at $574,000, averaging $657,998, and reaching up to $699,997 — 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

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
Bakersville - 28705	$500K

Taxes & Financing

Tax Rate (average for all types) 0.56%

Property Tax per SF $10.39 per SF

Average Loan-to-Value 65.0%

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