Residential Income

Old Fort, NC Residential Income Properties for Sale

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12-Unit Apartment Development
Updated: Sep 14
12-Unit Apartment Development

73 W Mitchell Street, Old Fort, NC 28762

$3,000,000
0.98 AC lot
12 individually designed apartment units on 0.981 acres
Under construction with a 2026 year built
Each unit includes a private bedroom, full kitchen, walk‑in shower, and personal deck
Stackable washer and dryer planned in every unit
Dedicated front‑door parking with driveway access
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12-Unit Apartment Building Under Construction
Updated: Sep 14
12-Unit Apartment Building Under Construction

73 W Mitchell Street, Old Fort, NC 28762

$3,000,000
12‑unit apartment development under construction
Fully permitted property at 73 W Mitchell Street, Downtown Old Fort
Each unit includes a private single bedroom, walk‑in shower, full kitchen, and stackable washer and dryer
Personal deck and dedicated front‑door parking for each unit
Units may be purchased individually, as multiple units, or as the entire development
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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 14 Potential Opportunities for your consideration. Besides 2 Active listings in Old Fort, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Campground With RV Hookups
Campground With RV Hookups

231 Fibber Magee Drive, Union Mills, NC 28167

$1,500,000
2,000 sqft

Established outdoor lodging property with cabins, guest amenities, and full-service RV accommodations.

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Campground With RV Hookups
Campground With RV Hookups

231 Fibber Magee Drive, Union Mills, NC 28167

$1,500,000
15.00 AC lot

Established outdoor hospitality property with lodging, recreation, guest facilities, and full-service RV accommodations.

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Rural Duplex with Garage Apartment
Rural Duplex with Garage Apartment

2380 Old Fort Road, Black Mountain, NC 28711

$850,000
37.71 AC lot

A detached garage with an apartment above adds a separate living space to the rural property.

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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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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.

Black Mountain View Lot
Black Mountain View Lot

501 Warbler Lane, Black Mountain, NC 28711

$75,000
2.62 AC lot

Private lot with mountain views, driveway, and well installed.

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Buildable Lot in Gated Community
Buildable Lot in Gated Community

94 Trillium Lane, Black Mountain, NC 28711

$35,000
1.52 AC lot

1.52 acre lot in Creston, Black Mountain, NC.

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Black Mountain Land with Views
Black Mountain Land with Views

187 Arcadia Falls Way, Black Mountain, NC 28711

$39,000
0.89 AC lot

Residential lot in gated community near Pisgah National Forest.

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Black Mountain Buildable Lot
Black Mountain Buildable Lot

38 Attica Falls Trail, Black Mountain, NC 28711

$35,000
1.39 AC lot

1.39-acre lot in Catawba Falls Preserve, perfect for dream home.

View details

Off-Market Properties in Old Fort, NC

Consider similar Off-Market properties in Old Fort, 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.

Hwy 70
GARDEN APT, COURT APT (5+ UNITS)

Hwy 70, Old Fort, NC 28762

Estimated value:
$390,000
2,770 sqft 0.83 AC lot
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576 Orch St
GARDEN APT, COURT APT (5+ UNITS)

576 Orch St, Old Fort, NC 28762-6868

Estimated value:
$345,000
7,620 sqft 0.82 AC lot
View details
34 Vfw Dr
GARDEN APT, COURT APT (5+ UNITS)

34 Vfw Dr, Old Fort, NC 28762-0658

Estimated value:
$245,000
2,352 sqft 0.13 AC lot
View details
5890 Us 70th W
GARDEN APT, COURT APT (5+ UNITS)

5890 Us 70th W, Old Fort, NC 28762-7806

Estimated value:
$340,000
1,918 sqft 3.00 AC lot
View details

Old Fort, NC Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Old Fort, NC on our real estate platform.

Sale prices for residential income properties in Old Fort, NC average $3,000,000 — 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
Short term rental properties 1
Single family properties 1

Demographics Overview

Population 6,305
Population Growth (5Y) -9.4%
Median Household Income $52,269
College Educated 24.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
28762 $3M

Taxes & Financing

Tax Rate (average for all types) 0.67%
Property Tax per SF $11.60 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McDowell County

New Delisted

Total CRE Inventory on Market (SF)

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