Banner Elk, NC Multifamily Homes & Duplexes for Sale

In Banner Elk, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $599,000 to $998,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Banner Elk is $500,500, while the average sale price is $886,666, offering insights into the local housing market. On average, multi-family homes spend 121 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Banner Elk, NC.