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    Banner Elk, NC
    Quadplex

    Banner Elk, NC Quadplexes for Sale

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    Beech Mountain, NC Elk Park, NC Sugar Mountain, NC Lenoir, NC Linville, NC Seven Devils, NC Blowing Rock, NC Sugar Grove, NC
    Renovated Mountain Quadplex
    Updated: Apr 6, 2025
    Renovated Mountain Quadplex

    270 Elk Hill Drive, Banner Elk, NC 28604

    $875,000
    0.39 AC lot
    Quadplex with two 2‑bedroom, 2‑bath units and two efficiency apartments
    Each unit has been completely renovated since purchased
    0.39‑acre total property including the fourplex and vacant 0.11‑acre parcel
    Covered carport holds 3 cars; lower parking pad provides additional capacity
    384' clean‑space cold room behind the lower right‑side efficiency
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    Mountain-View Quadplex
    Updated: Jul 6
    Mountain-View Quadplex

    2730 Tynecastle Hwy, Banner Elk, NC 28604

    $875,000
    Four separate rental units with individual entrances
    Unfinished heated and insulated basement
    Basement offers storage and potential for two additional rental units
    Multiple decks with ski slope views
    Mountain‑style finishes throughout the building
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    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Boone, NC Quadraplex Investment
    Boone, NC Quadraplex Investment

    210 Howards Creek Road, Boone, NC 28607

    $699,900
    3,111 sqft 0.41 AC lot

    Six-bedroom quadraplex near downtown Boone and AppState.

    View details
    Boone Quadplex with Recent Improvements
    Boone Quadplex with Recent Improvements

    210 Howards Creek Rd, Boone, NC 28607

    $699,900
    3,111 sqft

    Four-unit residential property with a varied unit mix, paved road access, and current occupancy across the building.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    510 LAMONT ST, Johnson City, TN 37604

    Contact for pricing
    2,688 sqft

    Four-unit multifamily building offered for sale with a total size of 2,688 square feet.

    View details
    Fourplex with Two- and One-Bedroom Units
    Fourplex with Two- and One-Bedroom Units

    102 Osborne Private Drive, Johnson City, TN 37601

    $400,000

    Fully rented fourplex with a two-bedroom top unit and three one-bedroom lower units near ETSU and Milligan College.

    View details

    Banner Elk, NC Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Banner Elk, NC on our real estate platform.

    Sale prices for four-unit buildings in Banner Elk, NC average $875,000 — 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

    Short term rental properties 5
    Quadplexes 2

    Demographics Overview

    Population 7,280
    Population Growth (5Y) -4.7%
    Median Household Income $64,052
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28604 $875K

    Taxes & Financing

    Tax Rate (average for all types) 0.40%
    Property Tax per SF $7.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Avery County

    New Delisted

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