Residential Income

Canton, NC Residential Income Properties for Sale

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Clyde, NC Candler, NC Asheville, NC
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.

Residential Income Parcel Package
Residential Income Parcel Package

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

$499,900
0.95 AC lot

Multiple Clyde parcels with homes, a garage workshop, and RV hookups served by city utilities.

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Mountain Retreat with Income Potential
Mountain Retreat with Income Potential

12 Lila Lane, Clyde, NC 28721

$265,000

Three-level cottage in Mount Soma community with rental income potential.

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Two Adjoining Rental Homes
Two Adjoining Rental Homes

6 & 10 Lands End Drive, Candler, NC 28715

$355,000
0.58 AC lot

Own two adjoining occupied homes generating $3,100 per month, with separate outdoor space and storage options for tenants.

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Pisgah Highlands Acreage Opportunity
Pisgah Highlands Acreage Opportunity

59 Pisgah Mountain Trail, Candler, NC 28715

$1,895,000
124.85 AC lot

124 acres near Asheville with development potential and mountain views.

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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.

Rolling Farmland on Beaverdam Creek
Rolling Farmland on Beaverdam Creek

Beaverdam Road, Canton, NC 28716

$599,000
12.50 AC lot

12.5 acres of rolling farmland ideal for homes or RV park.

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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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Land with Mountain Views, Trails
Land with Mountain Views, Trails

99999 Summit View Drive, Candler, NC 28715

$250,000
14.79 AC lot

14.79 acre lot with views, trails, and waterfall.

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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 start at $1,950,000, averaging $1,950,000, and reaching up to $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 $2.5M

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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