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    Banner Elk, NC
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    Banner Elk, NC Quadplexes for Sale

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    Beech Mountain, NC Elk Park, NC Linville, NC Sugar Mountain, NC Seven Devils, NC Sugar Grove, NC Newland, NC Boone, NC
    Fourplex With Efficiency Units
    Updated: Apr 6, 2025
    Fourplex With Efficiency Units

    270 Elk Hill Drive, Banner Elk, NC 28604

    $875,000
    0.39 AC lot
    4‑plex built in 1986 with high vaulted ceilings and 2 fireplaces
    Unit mix: two 2BR/2BA units plus an efficiency apartment below each for 4 total units
    All units reportedly completely renovated since purchased; list of updates available in documents
    Covered carport area holds 3 cars plus parking pad on a vacant .11‑acre parcel (total acreage with lot and 4‑plex: .39 acre)
    Includes a 384' clean space cold room located behind the lower right‑side efficiency
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Renovated Mixed-Use Income Portfolio
    Renovated Mixed-Use Income Portfolio

    1412 Knob Creek Road, Johnson City, TN 37604

    $1,600,000
    10,991 sqft 1.30 AC lot

    Renovated 8-unit apartments plus adjacent retail building in B1 zoning on a 1.3-acre lot.

    View details
    Fully Rented Fourplex Investment
    Fully Rented Fourplex Investment

    102 Osborne Private Drive, Johnson City, TN 37601

    $400,000

    A four-unit rental property with one 2-bedroom unit and three 1-bedroom units, minutes from regional colleges.

    View details
    Remodeled 4-Plex with 2-Bed Units
    Remodeled 4-Plex with 2-Bed Units

    209 Cemetary Lane, Jonesborough, TN 37659

    $625,000

    Remodeled fourplex offers four 2-bedroom, 1.5-bath units with one-level layouts and updated finishes in Jonesborough.

    View details
    Remodeled Fourplex With 2-Bed Units
    Remodeled Fourplex With 2-Bed Units

    209 Cemetary Lane, Jonesborough, TN 37659

    $625,000
    3,475 sqft

    Remodeled fourplex featuring four 2-bedroom, 1.5-bath residences with granite countertops and single-level living.

    View details

    Banner Elk, NC Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Banner Elk, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for four-unit buildings in Banner Elk, NC start at $875,000, averaging $875,000, and reaching up to $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 1

    Demographics Overview

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

    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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