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    Black Mountain, NC
    Residential Income

    Black Mountain, NC Residential Income Properties for Sale

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    Found 10 residential income properties for sale in Black Mountain, NC, averaging $537/sq ft. Use valuation data to compare deals faster.
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    Three-Residence Triplex Property
    Updated: Aug 21
    Three-Residence Triplex Property

    169 and 171 Cragmont Road, Black Mountain, NC 28711

    $675,000
    0.20 AC lot
    Three separate residences: a detached 1‑bedroom cottage plus a 1‑bedroom and 2‑bedroom duplex
    4 bedrooms and 3 bathrooms across the property
    Recently remodeled 2‑bedroom residence with updated interior
    Approximately 0.2 acres at 169 and 171 Cragmont Road
    One block from Lake Tomahawk and steps from the tennis courts
    View details
    Renovated Multifamily Property with ADU
    Updated: Jun 27
    Renovated Multifamily Property with ADU

    14 Penelope Street, Black Mountain, NC 28711

    $665,000
    0.47 AC lot
    Separate 2‑bedroom, 1‑bath ADU with consistent rental occupancy history
    3‑bedroom, 2.5‑bath main residence with newly permitted finished basement
    Renovated brick construction with metal roof, updated plumbing, and most electrical systems newly installed
    0.47‑acre private corner lot near downtown Black Mountain
    One‑car attached garage and parking for four or more vehicles
    View details
    Duplex with Detached Garage Apartment
    Duplex with Detached Garage Apartment

    2380 Old Fort Road, Black Mountain, NC 28711

    $900,000
    37.71 AC lot

    Historic rural property with a separate garage apartment, porch, patio, and well water.

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    See what stands out in Buncombe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Two-Residence Short-Term Rental Property
    Two-Residence Short-Term Rental Property

    416 S Cherokee Ave, Black Mountain, NC 28711

    $799,999
    2,201 sqft

    Two maintained homes share one parcel, supporting multigenerational use, rental income, or an owner-occupied arrangement.

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    Two-Residence Multifamily Property
    Two-Residence Multifamily Property

    416 S Cherokee Avenue, Black Mountain, NC 28711

    $799,999
    0.45 AC lot

    Two separate residences support multigenerational use and rental flexibility.

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    Mountain Acreage Triplex Property
    Mountain Acreage Triplex Property

    24 Old Berlin Way, Black Mountain, NC 28711

    $550,000
    3.71 AC lot

    Three separate dwellings with shared well service, individual septic systems, and established access improvements.

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

    163 Camp Elliott Road, Black Mountain, NC 28711

    $299,000
    14.58 AC lot

    Residential land & home lots · 14.58 Acres

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    Renovated Duplex with Accessory Dwelling Unit
    Renovated Duplex with Accessory Dwelling Unit

    14 Penelope St, Black Mountain, NC 28711

    $665,000
    1,114 sqft

    Renovated duplex near downtown with a detached accessory dwelling unit and updated systems.

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    6-Cabin Short-Term Rental Property
    6-Cabin Short-Term Rental Property

    5 Chaucer Road, Black Mountain, NC 28711

    $1,900,000
    2.24 AC lot

    Professionally managed cabin accommodations with furnishings, appliances, private wooded surroundings, and access to Village of Cheshire amenities.

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    Managed Short-Term Rental Cabins
    Managed Short-Term Rental Cabins

    5 Chaucer Road, Black Mountain, NC 28711

    $1,900,000
    2,918 sqft

    Six furnished cabins offer wooded privacy, seasonal mountain views, and walkable access to Village of Cheshire amenities.

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    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 10 Active listings in Black Mountain, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 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.

    Modern Duplex with Attached ADU
    Modern Duplex with Attached ADU

    116 Arnold Rd, Asheville, NC 28805

    $545,000
    2,274 sqft

    Two-unit property with open-concept interiors, updated finishes, and a private rear deck.

    View details
    Modern Duplex with Attached ADU
    Modern Duplex with Attached ADU

    116 Arnold Road, Asheville, NC 28805

    $545,000
    0.15 AC lot

    Built in 2022 with contemporary finishes, private outdoor space, and driveway parking.

    View details
    Multifamily Estate with Rental Homes
    Multifamily Estate with Rental Homes

    97 Whippoorwill Lane, Fairview, NC 28730

    $1,294,000
    15.84 AC lot

    Main residence and two separate rental homes support flexible multifamily use across a private estate setting.

    View details
    Short-Term Rental & Event Venue
    Short-Term Rental & Event Venue

    92 Flat Top Mountain Rd, Fairview, NC 28730

    Contact for pricing

    Four separate homes plus pavilion and event barn, set along more than 1,000 feet of creek frontage.

    View details

    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.

    Estate Lot in Gated Community
    Estate Lot in Gated Community

    208 Settings Boulevard, Black Mountain, NC 28711

    $99,000
    0.53 AC lot

    Estate lot in Black Mountain's only gated community.

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    Land in Black Mountain, NC
    Land in Black Mountain, NC

    31 Old Lafayette Lane, Black Mountain, NC 28711

    Contact for pricing
    0.21 AC lot

    Homesite with long-range views near downtown Black Mountain.

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    Black Mountain Treehouse Lot
    Black Mountain Treehouse Lot

    6 Whitman Lane, Black Mountain, NC 28711

    $120,000
    0.11 AC lot

    Rare lot in Cheshire Village, ideal for creative home.

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    Wooded Residential Development Lot
    Wooded Residential Development Lot

    99999 Sunset Drive, Black Mountain, NC 28711

    $129,900
    1.25 AC lot

    Wooded 1.25-acre lot zoned CR-1, suited for single-family residential development with a rough driveway from an older roadbed.

    View details

    Off-Market Properties in Black Mountain, NC

    Consider similar Off-Market properties in Black Mountain, 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.

    206 Lk Eden Rd
    MOBILE HOME PARK, TRAILER PARK

    206 Lk Eden Rd, Black Mountain, NC 28711-8708

    $590,000
    Estimated value
    2,364 sqft 21.90 AC lot
    View details
    14 Mt Park Ave
    MOBILE HOME PARK, TRAILER PARK

    14 Mt Park Ave, Black Mountain, NC 28711-0047

    $535,000
    Estimated value
    1,699 sqft 5.35 AC lot
    View details
    105 Old State 10th Rd
    MOBILE HOME PARK, TRAILER PARK

    105 Old State 10th Rd, Black Mountain, NC 28711-3620

    $260,000
    Estimated value
    864 sqft 5.57 AC lot
    View details
    66 Great Aspen Way
    CAMPGROUND, RV PARK

    66 Great Aspen Way, Black Mountain, NC 28711-9774

    $635,000
    Estimated value
    6,080 sqft 23.51 AC lot
    View details
    1123 Montreat Rd
    CAMPGROUND, RV PARK

    1123 Montreat Rd, Black Mountain, NC 28711-3231

    Value Estimation by Request
    10,090 sqft 123.72 AC lot
    View details
    86 Bright Hope Rd
    MOBILE HOME PARK, TRAILER PARK

    86 Bright Hope Rd, Black Mountain, NC 28711-9201

    $1,810,000
    Estimated value
    1,064 sqft 18.34 AC lot
    View details
    10 Frk Ave
    MOBILE HOME PARK, TRAILER PARK

    10 Frk Ave, Black Mountain, NC 28711-7723

    $585,000
    Estimated value
    1,102 sqft 2.70 AC lot
    View details
    55 Frances Ave
    MOBILE HOME PARK, TRAILER PARK

    55 Frances Ave, Black Mountain, NC 28711-2578

    $370,000
    Estimated value
    960 sqft 0.97 AC lot
    View details
    1 Sigma Ln
    MOBILE HOME PARK, TRAILER PARK

    1 Sigma Ln, Black Mountain, NC 28711-3292

    $315,000
    Estimated value
    1.00 AC lot
    View details
    10 Kappa Loop
    MOBILE HOME PARK, TRAILER PARK

    10 Kappa Loop, Black Mountain, NC 28711-3284

    $290,000
    Estimated value
    0.56 AC lot
    View details
    2 Kappa Loop
    MOBILE HOME PARK, TRAILER PARK

    2 Kappa Loop, Black Mountain, NC 28711-3284

    Value Estimation by Request
    0.44 AC lot
    View details
    374 Eden Rock Ln
    CAMPGROUND, RV PARK

    374 Eden Rock Ln, Black Mountain, NC 28711

    $8,550,000
    Estimated value
    1,344 sqft 476.48 AC lot
    View details
    12 Arrow Pt Trl
    MOBILE HOME PARK, TRAILER PARK

    12 Arrow Pt Trl, Black Mountain, NC 28711-0349

    $245,000
    Estimated value
    0.94 AC lot
    View details
    6 Aqua Dr
    MOBILE HOME PARK, TRAILER PARK

    6 Aqua Dr, Black Mountain, NC 28711-6110

    $550,000
    Estimated value
    856 sqft 3.93 AC lot
    View details

    Black Mountain, NC Residential Income Properties Market Trends and Statistics

    Explore 41 residential income properties for sale in Black Mountain, NC, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 6,233 square feet of properties for sale, with an estimated market value of $9,153,998.

    Sale prices for residential income properties in Black Mountain, NC start at $299,000, averaging $915,399, and reaching up to $1,900,000 — 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

    Multifamily properties 9
    Short term rental properties 5
    Duplexes 3
    Triplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.1%
    Median Household Income $69,177
    College Educated 77.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28711 $956K

    Taxes & Financing

    Tax Rate (average for all types) 0.81%
    Property Tax per SF $11.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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