Residential Income

Black Mountain, NC Residential Income Properties for Sale

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Triplex with Detached Cottage
Updated: Aug 21
Triplex with Detached Cottage

169 and 171 Cragmont Road, Black Mountain, NC 28711

$599,000
0.20 AC lot
Three residences: a detached 1‑bedroom cottage and a duplex with 1‑bedroom and 2‑bedroom units
Four bedrooms and three bathrooms across the property
Approximately 0.20 acres
The 2‑bedroom residence has a remodeled interior
Built in 1954; served by public sewer
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Rural Duplex with Garage Apartment
Updated: Apr 30
Rural Duplex with Garage Apartment

2380 Old Fort Road, Black Mountain, NC 28711

$850,000
37.71 AC lot
37.71‑acre property in Black Mountain
Farmhouse built in 1900
Detached garage with an apartment above
Five bedrooms and two bathrooms
Well water; propane service
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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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See hot listings in Black Mountain

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Three-Residence Multifamily Property
Three-Residence Multifamily Property

169 And 171 Cragmont Road, Black Mountain, NC 28711

$599,000
1,516 sqft 0.20 AC lot

Separate living spaces include a recently remodeled two-bedroom unit and a detached cottage.

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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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Triplex on Private Acreage
Triplex on Private Acreage

24 Old Berlin Way, Black Mountain, NC 28711

$525,000
3.71 AC lot

Individual septic systems and separate electrical meters serve the property, with water supplied by a shared well.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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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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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Managed Short-Term Rental Cabins
Managed Short-Term Rental Cabins

5 Chaucer Rd, 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 48 Potential Opportunities for your consideration. Besides 9 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.

12-Unit Apartment Development
12-Unit Apartment Development

73 W Mitchell Street, Old Fort, NC 28762

$3,000,000
0.98 AC lot

Under-construction multifamily property with private decks, full kitchens, and dedicated parking.

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12-Unit Apartment Building Under Construction
12-Unit Apartment Building Under Construction

73 W Mitchell Street, Old Fort, NC 28762

$3,000,000

Individually designed apartments include private decks, full kitchens, and stackable washer and dryer units.

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Furnished Duplex Property
Furnished Duplex Property

67/69 Flat Top Mountain Road, Fairview, NC 28730

$860,000
2.44 AC lot

Two separate residences offer furnished accommodations and distinct bedroom and bath layouts.

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Multifamily Estate with Guest Houses
Multifamily Estate with Guest Houses

97 Whippoorwill Lane, Fairview, NC 28730

$1,185,000
15.84 AC lot

Private acreage property with two guest houses, rental history, workshops, ponds, and a separate build-ready site.

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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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Large Acreage with Mountain Views
Large Acreage with Mountain Views

Black Mountain, NC 28711

$475,000
57.00 AC lot

57+ acres near Black Mountain, NC, with development potential.

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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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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

Estimated value:
$590,000
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

Estimated value:
$535,000
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

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

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

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

1123 Montreat Rd, Black Mountain, NC 28711-3231

Estimated value: 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

Estimated value:
$1,810,000
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

Estimated value:
$585,000
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

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

1 Sigma Ln, Black Mountain, NC 28711-3292

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

10 Kappa Loop, Black Mountain, NC 28711-3284

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

2 Kappa Loop, Black Mountain, NC 28711-3284

Estimated value: by Request
0.44 AC lot
View details
374 Eden Rock Ln
CAMPGROUND, RV PARK

374 Eden Rock Ln, Black Mountain, NC 28711

Estimated value:
$8,550,000
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

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

6 Aqua Dr, Black Mountain, NC 28711-6110

Estimated value:
$550,000
856 sqft 3.93 AC lot
View details
222 Lk Eden Rd
MOBILE HOME PARK, TRAILER PARK

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

Estimated value:
$320,000
5.50 AC lot
View details

Black Mountain, NC Residential Income Properties Market Trends and Statistics

Explore 40 residential income properties for sale in Black Mountain, NC, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 7,749 square feet of properties for sale, with an estimated market value of $7,036,998.

Sale prices for residential investment properties in Black Mountain, NC start at $299,000, averaging $781,888, 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 8
Duplexes 3
Short term rental properties 3
Triplexes 2

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 $898.9K

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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