Residential Income

Mars Hill, NC Residential Income Properties for Sale

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Rented Residential Income Portfolio
Updated: Jul 20
Rented Residential Income Portfolio

Multi Unit Quinn Hill Lane, Mars Hill, NC 28754

$2,585,000
1.46 AC lot
Portfolio of 7 new construction homes; all are rented and under management
Under construction with 2025 year built
Central air and heat pump (heating)
Vinyl exterior construction with vinyl flooring
Public sewer connection
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Mixed-Use Building with Retail and Offices
Updated: Apr 11
Mixed-Use Building with Retail and Offices

10 N Main St, Mars Hill, NC 28754

Contact for pricing
Extensively remodeled three‑level mixed‑use building on a signalized corner on N. Main St., across from Mars Hill University
4‑unit building with approximately 4,714 SF total across three levels
Upper floor includes 2 fully furnished, turn‑key vacation rentals with successful income and rental history
Main level street‑level retail space (available for lease) with open layout and future ADA bath plumbing rough‑in
Both main and upper floors have new plumbing, electrical, windows, walls, ceiling, and insulation
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Mars Hill, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

20 S Main Street, Marshall, NC 28753

$895,000
0.01 AC lot

Brick construction combines ground-floor retail with three upper-level apartments.

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Five-Site Mobile Home Park
Five-Site Mobile Home Park

11 Jody Lane, Weaverville, NC 28787

$375,000
5.59 AC lot

Residential income property with park-owned homes, lot rentals, and tenants in place near the Ivy River.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

20 S Main Street, Marshall, NC 28753

$895,000

Fully leased property combines ground-floor retail with three residential apartments in downtown Marshall.

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Development Land with Historic Farmhouse
Development Land with Historic Farmhouse

36 Stockton Branch Road, Weaverville, NC 28787

$699,000
13.83 AC lot

Approximately 13.83 acres with a rental farmhouse and mix of pasture and wooded areas, plus detached double-car garage.

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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.

Mars Hill Development Land
Mars Hill Development Land

S Main Street, Mars Hill, NC 28754

$433,200
14.44 AC lot

Development tract within Mars Hill city limits.

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Scenic Land Parcel in Marshall
Scenic Land Parcel in Marshall

99999 Morgan Branch Road, Marshall, NC 28753

$74,900
5.86 AC lot

5.86 acres with mountain views near Marshall and Mars Hill.

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Mars Hill Land For Sale
Mars Hill Land For Sale

5.25 Acres Bull Creek Road, Mars Hill, NC 28754

$60,000
5.25 AC lot

5.25+/- acres in Mars Hill, pasture and wooded features.

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Residential Land in Marshall, NC
Residential Land in Marshall, NC

The Vines Boulevard lot: 4, Marshall, NC 28753

Contact for pricing
0.72 AC lot

Residential land for sale in a platted subdivision.

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Off-Market Properties in Mars Hill, NC

Consider similar Off-Market properties in Mars Hill, 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.

195 Cliftside Dr
GARDEN APT, COURT APT (5+ UNITS)

195 Cliftside Dr, Mars Hill, NC 28754-7544

$405,000
Estimated value
575 sqft 7.29 AC lot
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18 Bearwood Dr
GARDEN APT, COURT APT (5+ UNITS)

18 Bearwood Dr, Mars Hill, NC 28754-6304

$460,000
Estimated value
5,376 sqft 2.14 AC lot
View details
Mars Hill, NC 28754
APARTMENT HOUSE (UNDER 5 UNITS)

Mars Hill, NC 28754

$690,000
Estimated value
23,100 sqft 6.00 AC lot
View details
1475 Crossroads Pkwy
Land

1475 Crossroads Pkwy, Mars Hill, NC 28754

Value Estimation by Request
15.65 AC lot
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1 Blue Rdg Homes Dr
GARDEN APT, COURT APT (5+ UNITS)

1 Blue Rdg Homes Dr, Mars Hill, NC 28754

$545,000
Estimated value
13,466 sqft 4.00 AC lot
View details
105 Bearwood Dr
GARDEN APT, COURT APT (5+ UNITS)

105 Bearwood Dr, Mars Hill, NC 28754-6306

$435,000
Estimated value
5,376 sqft 0.75 AC lot
View details

Mars Hill, NC Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Mars Hill, NC on our real estate platform.

Sale prices for residential income properties in Mars Hill, NC average $2,585,000 — 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 1
Short term rental properties 1
Single family properties 1

Demographics Overview

Population 9,897
Population Growth (5Y) -2.4%
Median Household Income $68,750
College Educated 46.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28754 $2.6M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

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