29 Winterberry Dr Cullowhee, NC 28723
Estimated payment $4,482/month
About This Home
Turnkey 8-unit multifamily property in Cullowhee, NC — located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6,300/month with upside to over $7,500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only — do not disturb tenants.
Listing Agent
EXP Realty LLC Brokerage Email: tyler@pisgahpropertygroup.com License #307396 Listed on: 06/30/2025

Co-Listing Agent
EXP Realty LLC Brokerage Email: tyler@pisgahpropertygroup.com License #334477
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 5,918 Sq Ft Home
- Ceiling Fan
- Crawl Space
- Electric Oven
- Washer and Electric Dryer Hookup
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Septic Tank
Listing and Financial Details
- The owner pays for exterior maintenance, management, sewer
- Assessor Parcel Number 7558-68-9949
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/30/2025 06/30/25 | For Sale | $695,000 | -- | $117 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4275594

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