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    Watauga County, NC Multifamily Properties for Sale

    7 results
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    Banner Elk Multi-Family Investment Opportunity
    $1,175,000
    0.48 Acres

    Banner Elk Multi-Family Investment Opportunity

    226 Beech Haven Rd, Banner Elk, NC 28604

    Four rentable units with income potential near Beech Mountain.

    • High income potential: Projected to gross over $200k annually once all 4 units are complete, with one unit already earning $50k in its first year.
    • Partially Cash‑Flowing Investment: Two units are already renovated and generating income as luxury short‑term rentals.
    • Prime Location: Situated between Beech Mountain and downtown Banner Elk, near Lees McRae College, enhancing guest appeal.
    • Value‑Add Opportunity: Two units are gutted, allowing the new owner to customize and scale the property to its full potential.
    • Major Renovations Completed: Significant upgrades to the roof, windows, and core infrastructure have already been addressed.
    Updated: Dec 2, 2025
    View details
    Updated Condo Near Blowing Rock
    $449,000

    Updated Condo Near Blowing Rock

    123 Pinnacle Ave, Blowing Rock, NC 28605

    Light-filled, updated 2-bedroom condo near Blowing Rock Country Club.

    • Prime location in the heart of Blowing Rock, near Blowing Rock Country Club.
    • Fully furnished (excluding artwork/personal items), move‑in ready.
    • Recently remodeled primary bedroom and bathroom, offering a luxurious retreat.
    • Updated, state‑of‑the‑art kitchen appliances (refrigerator, dishwasher, stove).
    • End unit with large windows providing ample natural light.
    Updated: Aug 28, 2025
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    Student Housing Redevelopment Opportunity
    $6,800,000

    Student Housing Redevelopment Opportunity

    Prime real estate near Appalachian State University with redevelopment potential.

    380 W King St, Boone, NC 28607
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    Renovated Commercial/Residential Property on Highway 321
    $799,000

    Renovated Commercial/Residential Property on Highway 321

    Dual-purpose property with commercial space and renovated apartment.

    3453 Us Hwy 321 Hwy S, Blowing Rock, NC 28605
    View details
    High Country Multifamily Investment
    $997,000
    3,110 SF

    High Country Multifamily Investment

    Blowing Rock, NC apartment building, great potential.

    3385 Us-321, Blowing Rock, NC 28605
    View details
    Based on your search, we've compiled 350 Potential Opportunities for your consideration. Besides 7 Active listings in Watauga County, NC, we suggest exploring several alternatives: similar 343 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in Watauga County, NC

    Consider similar Off-Market properties in Watauga County, 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.

    3385 Us-321

    3385 Us-321

    Multifamily properties • 3,110 SF
    Value Estimation by Request
    3385 Us-321, Blowing Rock, NC 28605
    View details
    179 Hillside Dr

    179 Hillside Dr

    Multifamily properties
    Value Estimation by Request
    179 Hillside Dr, Boone, NC 28607
    View details
    247 Homespun Hills Rd

    247 Homespun Hills Rd

    Multifamily properties • 2,475 SF
    Value Estimation by Request
    247 Homespun Hills Rd, Boone, NC 28607
    View details
    206 Psi Dr

    206 Psi Dr

    APARTMENT HOUSE (5+ UNITS) • 5,000 SF
    Value Estimation by Request
    206 Psi Dr, Boone, NC 28607-5910
    View details
    150 Paul Greer Rd

    150 Paul Greer Rd

    APARTMENT HOUSE (5+ UNITS) • 2,652 SF
    Value Estimation
    $940,000
    150 Paul Greer Rd, Boone, NC 28607-9231
    View details
    618 Greer Ln

    618 Greer Ln

    APARTMENT HOUSE (5+ UNITS) • 3,432 SF
    Value Estimation
    $490,000
    618 Greer Ln, Vilas, NC 28692-8993
    View details
    686 State Farm Rd

    686 State Farm Rd

    APARTMENT HOUSE (5+ UNITS) • 1,225 SF
    Value Estimation by Request
    686 State Farm Rd, Boone, NC 28607-3300
    View details
    186 Birch St

    186 Birch St

    APARTMENT HOUSE (5+ UNITS) • 3,573 SF
    Value Estimation
    $435,000
    186 Birch St, Boone, NC 28607-5036
    View details
    197 Woodpecker Ln

    197 Woodpecker Ln

    APARTMENT HOUSE (5+ UNITS) • 1,456 SF
    Value Estimation
    $365,000
    197 Woodpecker Ln, Boone, NC 28607-4422
    View details
    143 Pond Crk Rd

    143 Pond Crk Rd

    APARTMENT HOUSE (5+ UNITS) • 126 SF
    Value Estimation
    $450,000
    143 Pond Crk Rd, Banner Elk, NC 28604
    View details
    10894 Nc Hwy 105th S

    10894 Nc Hwy 105th S

    APARTMENT HOUSE (5+ UNITS) • 2,652 SF
    Value Estimation
    $490,000
    10894 Nc Hwy 105th S, Banner Elk, NC 28604-8658
    View details
    129 Lazy Lk Rd

    129 Lazy Lk Rd

    APARTMENT HOUSE (5+ UNITS) • 160 SF
    Value Estimation
    $400,000
    129 Lazy Lk Rd, Boone, NC 28607-7876
    View details
    304 Clint Norris Rd

    304 Clint Norris Rd

    APARTMENT HOUSE (5+ UNITS) • 1,624 SF
    Value Estimation
    $415,000
    304 Clint Norris Rd, Boone, NC 28607-8851
    View details
    105 Assembly Dr

    105 Assembly Dr

    APARTMENT HOUSE (5+ UNITS) • 3,360 SF
    Value Estimation by Request
    105 Assembly Dr, Boone, NC 28607-5378
    View details
    237 Bloomfield Dr

    237 Bloomfield Dr

    APARTMENT HOUSE (5+ UNITS) • 4,758 SF
    Value Estimation by Request
    237 Bloomfield Dr, Blowing Rock, NC 28605-9203
    View details
    205 King St

    205 King St

    APARTMENT HOUSE (5+ UNITS) • 3,696 SF
    Value Estimation by Request
    205 King St, Boone, NC 28607-5082
    View details
    1393 Flt Top Rd

    1393 Flt Top Rd

    APARTMENT HOUSE (5+ UNITS) • 1,769 SF
    Value Estimation
    $430,000
    1393 Flt Top Rd, Blowing Rock, NC 28605-9201
    View details

    Watauga County, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 350 multifamily properties for sale in Watauga County, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,109,654 square feet of properties for sale, with an estimated market value of $145,500,000.

    Prices for multifamily properties in Watauga County, NC start at $100,000, averaging $750,000, and reaching up to $7,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Multifamily properties by market

    Browse Multifamily properties for Sale Near Watauga, NC

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