Residential Income

Elon, NC Residential Income Properties for Sale

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Gibsonville, NC Burlington, NC Whitsett, NC
Land Near Elon University
Updated: Mar 17
Land Near Elon University

813-815 E Haggard Ave, Elon, NC 27244

$450,000
1,400 sqft
GMX zoning allows for numerous commercial, residential, and institutional uses.
Quick walking distance to Elon University’s Francis Center and east campus.
Almost 200 feet of frontage on busy E. Haggard Avenue (NCDOT 2024 AADT 3,300).
Existing detached residence (1,400 sq. ft.+/-) can provide rental income during redevelopment.
3 story maximum height allowance.
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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Elon, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

Turnkey Multi-Dwelling Retreat
Turnkey Multi-Dwelling Retreat

2927 Longpine Road, Burlington, NC 27215

$3,200,000
9,124 sqft · 9.04 AC lot

Five furnished dwellings are arranged around a shared pond and dock for an operator-ready hospitality concept.

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Live-Work Residence with Storage
Live-Work Residence with Storage

4316 Burlington Road, Greensboro, NC 27405

$249,900
2,171 sqft

Built in 1931, this flexible home offers multi-level kitchen and bath space plus a separate outbuilding.

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Boarding House Income Property
Boarding House Income Property

511 Cameron Street, Burlington, NC 27215

$199,000
2,255 sqft · 0.19 AC lot

Boarding house-style residence with five bedrooms and two bathrooms, including permanent stairs to additional space.

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Multifamily Property with Five Units
Multifamily Property with Five Units

3425 Martin Avenue, Greensboro, NC 27405

$350,000

Distressed multifamily property featuring five units, three vacant.

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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.

Prime Development Land in Whitsett
Prime Development Land in Whitsett

563 NC Highway 61 S, Whitsett, NC 27377

$4,800,000
27.95 AC lot

27.95-acre commercial development opportunity in a high-traffic area.

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Vacant Lot in Burlington, NC
Vacant Lot in Burlington, NC

Barnes Street, Burlington, NC 27215

Contact for pricing
0.21 AC lot

Vacant lot near amenities, schools, shopping, and major roadways.

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Vacant Lot in Burlington, NC
Vacant Lot in Burlington, NC

Barnes Street, Burlington, NC 27217

Contact for pricing
0.18 AC lot

Vacant lot near amenities, schools, shopping, and major roadways.

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Land in Alamance County
Land in Alamance County

Baldwin Rd, Burlington, NC 27217

$125,000
3.03 AC lot

3.03 acres of land zoned for multi-family use.

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Off-Market Properties in Elon, NC

Consider similar Off-Market properties in Elon, 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.

2627 Elon Ossipee Rd
MOBILE HOME PARK, TRAILER PARK

2627 Elon Ossipee Rd, Elon, NC 27244-9691

Value Estimation by Request
13.45 AC lot
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100 Haggard Ave
APARTMENT HOUSE (5+ UNITS)

100 Haggard Ave, Elon, NC 27244

$1,780,000
Estimated value
24,108 sqft · 10.61 AC lot
View details
3437 Shepherd Rd
MOBILE HOME PARK, TRAILER PARK

3437 Shepherd Rd, Elon, NC 27244-7551

$1,415,000
Estimated value
15.15 AC lot
View details
2348 Phibbs Rd
MOBILE HOME PARK, TRAILER PARK

2348 Phibbs Rd, Elon, NC 27244-7645

Value Estimation by Request
9.78 AC lot
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2224 Phibbs Rd
MOBILE HOME PARK, TRAILER PARK

2224 Phibbs Rd, Elon, NC 27244-8418

Value Estimation by Request
9.40 AC lot
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2224 Phibbs Rd
MOBILE HOME PARK, TRAILER PARK

2224 Phibbs Rd, Elon, NC 27244-8418

Value Estimation by Request
4.50 AC lot
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2342 Drew Ln
MOBILE HOME PARK, TRAILER PARK

2342 Drew Ln, Elon, NC 27244-9258

Value Estimation by Request
6.52 AC lot
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204 Neal St
MOBILE HOME PARK, TRAILER PARK

204 Neal St, Elon, NC 27244-9210

Value Estimation by Request
1.33 AC lot
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756 Haggard Ave
APARTMENT HOUSE (5+ UNITS)

756 Haggard Ave, Elon, NC 27244-8417

$1,640,000
Estimated value
17,112 sqft · 5.25 AC lot
View details
1047 Elon Xing Dr
MOBILE HOME PARK, TRAILER PARK

1047 Elon Xing Dr, Elon, NC 27244-9184

Value Estimation by Request
491 sqft · 16.76 AC lot
View details
719 Broad St
MOBILE HOME PARK, TRAILER PARK

719 Broad St, Elon, NC 27244

Value Estimation by Request
2.13 AC lot
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Westbrook Ave
Land

0 Westbrook Ave, Elon, NC 27244

Value Estimation by Request
19.66 AC lot
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323 Trollinger Ave
APARTMENT HOUSE (5+ UNITS)

323 Trollinger Ave, Elon, NC 27244

$1,040,000
Estimated value
9,396 sqft · 7.19 AC lot
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1355 Nc Hwy 87
MOBILE HOME PARK, TRAILER PARK

1355 Nc Hwy 87, Elon, NC 27244-8416

Value Estimation by Request
1,284 sqft · 6.09 AC lot
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1536 Elon Ossipee Rd
MOBILE HOME PARK, TRAILER PARK

1536 Elon Ossipee Rd, Elon, NC 27244-7532

Value Estimation by Request
5.23 AC lot
View details

Elon, NC Residential Income Properties Market Trends and Statistics

Explore 16 residential income properties for sale in Elon, NC on our real estate platform. These investment opportunities span a total of 1,400 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for residential income properties in Elon, NC start at $450,000, averaging $450,000, and reaching up to $450,000 — 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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Demographics Overview

Population 17K
Population Growth (5Y) +7.2%
Median Household Income $70,982
College Educated 49.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
27244 $450K

Taxes & Financing

Tax Rate (average for all types) 0.48%
Property Tax per SF $12.59 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alamance County

New Delisted

Total CRE Inventory on Market (SF)

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