Residential Income

Canton, NC Residential Income Properties for Sale

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Historic Canton Apartment Building Investment
Updated: Aug 27, 2025
Historic Canton Apartment Building Investment

13 Newfound Street, Canton, Canton, NC 28716

$1,950,000
14,646 sqft
7.25% Cap Rate investment opportunity
18‑unit apartment building with strong rental income, no vacancies, and a waitlist
Ideally located in Canton, NC, within walking distance to shops, restaurants, and breweries
Mix of studio, one-, and two‑bedroom units filled with natural light
Convenient access to I‑40 for a quick 15–20 minute drive into Asheville
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Three-Home Manufactured Housing Property
Three-Home Manufactured Housing Property

67 Indian Trail Rd, Candler, NC 28715

$450,000
3,032 sqft

Three separate manufactured residences are situated together on one parcel in Candler.

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Multi-Parcel Residential Income Portfolio
Multi-Parcel Residential Income Portfolio

90, 106 & 132 Hennessee Street, Clyde, NC 28721

$499,900
0.95 AC lot

Portfolio of three parcels with residences, a mobile home, garages, and two RV hookups on city utilities.

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Usable Acreage with Mountain Views
Usable Acreage with Mountain Views

435 Upper Glady Fork Road, Candler, NC 28715

$1,150,000
45.40 AC lot

Versatile property near Asheville with home, barns, and acreage.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

155 Rush Rd, Clyde, NC 28721

Contact for pricing

Service Road Apartments is a 7-unit apartment building offered for sale as part of a larger 46-unit portfolio.

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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.

Expansive 42-Acre Development Opportunity
Expansive 42-Acre Development Opportunity

618 Beaverdam Street, Canton, NC 28716

$3,000,000
42.00 AC lot

42 acres of unrestricted land near Canton's Main Street.

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Agricultural Land with Beaverdam Creek
Agricultural Land with Beaverdam Creek

Beaverdam Road, Canton, NC 28716

$599,000
12.50 AC lot

Rolling farm land with Beaverdam Creek and utilities available, including city water, sewer, natural gas, and high-speed internet.

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Land with Mountain Views
Land with Mountain Views

1505 Summit View Drive, Canton, NC 28716

$265,000
15.31 AC lot

15+ acres with southern exposure and panoramic mountain views.

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Land with Waterfall, Asheville View
Land with Waterfall, Asheville View

99999 Biltmore View Lane, Candler, NC 28715

$180,000
10.18 AC lot

10+ acre lot with waterfall, views, and community amenities.

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Off-Market Properties in Canton, NC

Consider similar Off-Market properties in Canton, 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.

111 Elm Tree Ln
Multifamily properties

111 Elm Tree Ln, Canton, NC 28716

Value Estimation by Request
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Canton, NC Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Canton, NC on our real estate platform. These investment opportunities span a total of 14,646 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for residential income properties in Canton, NC average $1,950,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 16K
Population Growth (5Y) -8.9%
Median Household Income $60,008
College Educated 32.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28716 $2M

Taxes & Financing

Tax Rate (average for all types) 0.57%
Property Tax per SF $12.21 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Haywood County

New Delisted

Total CRE Inventory on Market (SF)

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