Asheville NC Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
3,456
Status:
NEW LISTING
Beds:
6
Year built:
1921
Baths:
3.00
MLS#:
4181376

ADDITIONAL INFORMATION

Investor Alert! Historic home located in the heart of South Asheville convenient to everything! 1 mile from South Slope/Mission Hospital, 1.5 miles from downtown Asheville, and within 2 miles of the Biltmore Estate and historic Biltmore Village! Bring your imagination with this amazing opportunity that rarely hits the market. Currently set up as a 3-plex with a large main level 3 bdrm/1 bath unit and 2 upper level units. At just $166/sf, this home is priced correctly to allow you to add your custom touches and convert back to a grand single family home (sealed staircase still intact) or huge cash flow opportunities! Ideal rental opportunities for medium or long term rental options (30 day minimum stays). Limited on site parking via shared driveway with plenty of on street parking (possible expanded on site parking at rear). Owner states all units are separately metered. Sq.footage to be confirmed. Newer gas furnace and gas hot water heaters. Priced to sell, sold As-Is

Type:
Cluster
Sq.Ft.:
4,131
Status:
Active
Beds:
4
Lot size:
1 Acres
Year built:
1926
Baths:
7.00
MLS#:
4183083
Subdivision:
Kenilworth

ADDITIONAL INFORMATION

Across from the Leah Chiles Park in Kenilworth, an unassuming entrance lined with Skip Laurels, opens up to a forested urban estate, a private forest of rare conifers from around the world, with a classic 1926 Tudor home and additional cottages designed in the same style and spa for guests. Cottage Corner, four dwellings in two abodes, mirror each other sharing a modern spa with organic cedar plank sauna and mandala brick courtyard, welcoming you to evening soirees, morning yoga and meditation. 1.38 acres of forested estate invite you to bathe in nature, rest & escape. Trails meander beneath towering evergreens with sunbeams that dance on the shaded forest floor. The main house maintains its historical charm with classic details. Large windows frame views like paintings of the magical outdoors from waking in bed or sitting in a comfy nook with a book. Find peace & tranquility for you and your guests in this hidden retreat in the middle of the city at 108 Lakewood. Also listed 4157016.

Type:
Cluster
Sq.Ft.:
1,173
Status:
Active
Beds:
2
Year built:
1928
Baths:
2.00
MLS#:
4180854
Subdivision:
Oakley

ADDITIONAL INFORMATION

2 Adorable cottages in the Oakley community. Live in one and use the other for rental income or a guest house. Great location and only minutes to Downtown Asheville, Biltmore Village and more. Both homes have their own separate utilities and fresh interior paint. 31 Hilldale has new LVP flooring throughout, new countertops, 3 year old gas monitor heater, and a 1 year old metal roof. 33 Hilldale has LVP flooring, 5 year old heat-pump and cute rocking chair front porch. Additional outside features include a nice fenced-in yard with raised garden beds.

Type:
Duplex
Sq.Ft.:
1,124
Status:
Active
Beds:
2
Year built:
1925
Baths:
2.00
MLS#:
4177302
Subdivision:
Oteen Park

ADDITIONAL INFORMATION

Unique opportunity to own a renovated duplex with a solid 30-day rental history within minutes of the Blue Ridge Parkway, VA Hospital, Downtown Asheville and Black Mountain. Each unit is beautifully renovated and designed to create an efficient and flowing floor plan with vinyl plank flooring, ample living/dining areas, beautiful kitchens with granite counter tops, plenty of workspace, storage and a breakfast bar for additional dining. Both bedrooms have double closets and attached baths with showers and extra deep soaking tubs. Each unit includes a laundry center with storage. Two mini-splits per unit for heating and cooling. Each unit has its own private backyard space to enjoy and a retractable partition on the front porch to create privacy as needed. Parking area for 2 vehicles in front of the duplex. Basement offers dry storage. Being sold as a turn-key 30-day rental with most of the furnishings and equipment included with an acceptable offer.

Type:
Cluster
Sq.Ft.:
1,954
Status:
Active
Beds:
4
Lot size:
1 Acres
Year built:
1985
Baths:
4.00
MLS#:
4164162

ADDITIONAL INFORMATION

Introducing a remarkable multi-family opportunity! This property features not one, but two meticulously renovated single-wide mobile homes. Both mobile homes come completed furnished! Nestled in a tranquil cove surrounded by natural landscaping, enjoy peaceful seclusion just moments from essential conveniences. The 1985 (100) home has been tastefully remodeled into a charming 2-bedroom, 2-bathroom retreat, perfect for its new owners. The front features a newly constructed deck with a partially screened section. The spacious front yard offers potential for fencing, ideal for creating a safe area if you have the need. Meanwhile, the 1989 (98) home has been transformed from a basic structure into a spacious, updated residence, offering a delightful living environment. 10-15 min to downtown Asheville. 25 to a Asheville airport. Ideal for small families, a part time stay or investors seeking rental income, this property presents a promising opportunity to generate additional revenue.

Type:
Duplex
Sq.Ft.:
2,692
Status:
Active
Beds:
4
Year built:
1941
Baths:
3.00
MLS#:
4168424

ADDITIONAL INFORMATION

Welcome to one of a kind Duplex in West Asheville, where old meets new. This duplex features 2 units each with 2 bedrooms, bonus room, and lots of space. The original unit that consists of 943sqft was built in 1941, the second unit consists of 2 stories includes 1749sqft was built in 2024 recently finished and issued CO. Just outside of city limits! The original unit has well grown peach tree, grape vines, and a gardening area. Enjoy living in one unit & rent the other, or rent both units, endless possibilities. Tenants currently month to month only in the smaller (1941) unit. Easy drive to anywhere in Asheville, just under 5mi to Downtown Asheville! Seller offering $1,000 credit towards the new unit's landscaping. Listing agent happy to answer any questions.

Type:
Cluster
Sq.Ft.:
2,223
Status:
Active
Beds:
5
Year built:
2016
Baths:
5.00
MLS#:
4166628

ADDITIONAL INFORMATION

So many possibilities with this Downtown Asheville residence! The main home is beautifully clean and modern w/ lots of windows, high ceilings, & outdoor space on the covered side deck. Main level feels like a bright & airy treehouse, providing privacy in the city! The walk up finished attic provides a great kids room, movie or art area, or yoga/meditation space. Main level features an open floor plan and see through fireplace between the deck and living area. The separate guest house/ADU at the rear of the lot has a separate driveway and a solid rental history. Rent both or rent one and live in the other!

Type:
Duplex
Sq.Ft.:
2,683
Status:
Active
Beds:
6
Year built:
2005
Baths:
4.00
MLS#:
4154747
Subdivision:
Maple Springs

ADDITIONAL INFORMATION

A well-built and maintained duplex in East Asheville. The top and bottom configuration allows for a great layout and a spacious feel. Great location in East Asheville-10 minutes to downtown, 5 minutes to I-240 and I-40, and within close proximity to VA Hospital and Copper Crown. For rental purposes, both units are rented at $1920 per month. Bring your 1031 funds! Multiple occupancy opportunities: 1) Owner up, rental of bottom unit 2) Pure Investment -rental of both units house, 3) Owner up, parents downstairs. Outdoor lawn maintenance is provided for the community by the HOA. City utilities and high-speed internet. Upstairs tenant is on month to month lease and would like to remain. Downstairs unit's lease expires 9/30/24 and would like to continue. Seller to provide 2-10 Home Warranty at Closing!

Type:
Triplex
Sq.Ft.:
2,929
Status:
Active
Beds:
6
Year built:
1948
Baths:
4.00
MLS#:
4147761
Subdivision:
Amboy Heights

ADDITIONAL INFORMATION

Welcome to this exceptional investment opportunity in the heart of West Asheville! This unique property features three fully renovated rental units. Located within walking distance to downtown West Asheville and the vibrant River Arts District, these units offer an unbeatable blend of urban lifestyle and community charm. Property Highlights include: Complete Renovation down to the studs in 2018, Metered for Individual Utilities, In-Unit Laundry, prime location, and fully rented. Whether you’re looking for a profitable investment or a property to call home with income potential, this triplex is a rare find in one of Asheville’s most desirable neighborhoods. Don’t miss out on this turnkey opportunity— please note, this property is currently rented. Please respect tenants' privacy. All showings will require a 24-hour notice.

Type:
Cluster
Sq.Ft.:
3,456
Status:
Active
Beds:
5
Lot size:
1 Acres
Year built:
1997
Baths:
5.00
MLS#:
4153623
Subdivision:
Montford

ADDITIONAL INFORMATION

This Griffin Award-winning home in the heart of historic Montford offers a rare opportunity for multi-generational living, complete with both a main house and a guest cottage.. The main house boasts 3 bedrooms and 2.5 baths. Spacious living room with brick fireplace and cozy reading nook, eat-in kitchen plus dining and laundry rooms. Upstairs, primary suite has a tray ceiling, 2 walk-in closets, soaking tub, and large shower. Two more bedrooms and a full bathroom complete the upper level. Large, heated basement could easily be finished. The guest cottage is behind the main home across a beautifully landscaped yard featuring unique horticulturist curated trees and flowering perennials. It has a full living room, kitchen, breakfast room, 2bed/2bath. Nestled behind a stone wall for added privacy, home is less than a 1/4 mile from the beloved Nine Mile restaurant and Montford Park. Experience the charm and convenience of this Montford gem!

Type:
Duplex
Sq.Ft.:
528
Status:
Active
Beds:
2
Year built:
1930
Baths:
2.00
MLS#:
4147620
Subdivision:
Homeland Park

ADDITIONAL INFORMATION

Unique opportunity to own two renovated cottages in historic Homeland Park, Asheville’s original tiny home community. Located minutes from the Blue Ridge Parkway, VA Hospital, Downtown Asheville and Black Mountain. Offered as turn-key 30-day rentals, these two studio/cottages are being sold with most of the furnishings and equipment included. Solid rental income history available. These adorable cabins offer open and efficient living space with vinyl plank flooring, min-splits for heating and cooling, washer/dryers and wonderful back decks surrounded by greenery. 15 Cottage includes off-street parking and a storage shed. Historic Homeland Park Resort was developed in the 1930s and included 65 historic cabins and cottages where vacationers enjoyed our beautiful mountain setting. 15 Cottage is currently rented so showings can only be made available to buyers with a serious interest after seeing 16 Cottage.16 Cottage Drive is available for separate purchase. See MLS#4146717

Type:
Apartment
Sq.Ft.:
3,258
Status:
Active
Beds:
8
Lot size:
1 Acres
Year built:
1965
Baths:
6.00
MLS#:
4142008

ADDITIONAL INFORMATION

Discover an incredible rental opportunity on a 0.95+/- acre property in North Asheville, conveniently located just minutes from downtown Asheville, Charlotte Street, and the Historic Grove Park Inn. This property features studios and two-bedroom units with a rental history, offering excellent potential for increased income with strategic updates. Among the offerings are two distinctive two-bedroom units, providing winter views, a private setting and unique architectural interest. These units, however, require complete renovations, presenting a prime opportunity for transformation and value enhancement.Whether you're aiming to capitalize on the current rental market or explore redevelopment possibilities, this property presents endless opportunities. Don't miss out on this unique chance to expand your rental portfolio or embark on a redevelopment project!

Type:
Apartment
Sq.Ft.:
5,348
Status:
Active
Beds:
8
Lot size:
3 Acres
Year built:
1927
Baths:
6.00
MLS#:
4095932

ADDITIONAL INFORMATION

Future multi-family opportunity located in rapidly developing Woodfin on 3.19+/- acres. The property consists of 3 single-family residences and is currently Zoned R-21, allowing for long-term rental or corporate (30 days or more) rentals. Homes are currently owner-occupied so there is no rental history, rent roll or expense data. The homes consist of a 3 bed/1 bath, a 3 bed/2 full baths, 2 half baths and a 2 bed/1 full bath. Easily accessible to I-26 and is 9 minutes to downtown Asheville. Water, sewer, electric and natural gas on site. The site is surrounded by a mixed-use development, Reynolds Village, as well as manufacturing facilities, numerous retailers, businesses and many single and multi-family developments. Woodfin is known for its small-town mountain lifestyle with big-city amenities. Property contains 4 parcels and is being sold as-is. Sellers make no representation on the condition of homes. Please do not disturb the occupants. See duplicate mls #4088345.

Type:
Triplex
Sq.Ft.:
2,301
Status:
Active
Beds:
7
Year built:
1905
Baths:
MLS#:
4056797

ADDITIONAL INFORMATION

Take another look. New 2024 income numbers 2024. Prime location in West Asheville. One of the few multiunits available. This opportunity to invest in the hot West Asheville scene just gets better. The unique property offers not one, but THREE units. Fully furnished; the layout provides various rental income streams; Live in one, rent the others, multiple uses possible. Each unit features a bedroom, private bath, kitchen, and outside spaces for relaxation. Minutes to downtown and the Biltmore Estate. It appeals to all. Located in the heart of West Asheville, access to trendy shops, delicious eateries, breweries and vibrant location attractions. Don't miss this incredible opportunity to own a versatile and profitable rental property. The property is grandfathered as a STR with no renewals necessary and fully transferrable. It is commercially monitored and wired for fire protection. Great parking both off and on street - all the amenities you would look for a rental property.

Type:
Other
Sq.Ft.:
1,032
Status:
Active
Beds:
n/a
Lot size:
5 Acres
Year built:
1932
Baths:
MLS#:
3603722

ADDITIONAL INFORMATION

Attention Commercial Developers and Investors: New Leicester Hwy acreage with 9-pads Mobile Home Park - 4 miles from Patton Avenue. High traffic count, large corner tract with traffic signal on drive-home side leaving Asheville, level acreage with over 500' frontage on 5-lane New Leicester Hwy and also on O'Donald Road. Many potentials for Commercial Development, expanded MHP, Warehouse, Storage Buildings, Apartments, or combination unrestricted usage. Outside city limits, Open Use zoning, little to no grading necessary. Three wells plus has municipal water along side property. Existing house is residence and could be residential rental or office. 4 mobiles convey. One of few larger tracts remaining for development along this rapidly growing corridor. For GPS, the mailing address is 223 O'Donald Rd Asheville NC 28806

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Asheville Real Estate

The median home value in Asheville, NC is $526,500. This is higher than the county median home value of $288,600. The national median home value is $219,700. The average price of homes sold in Asheville, NC is $526,500. Approximately 55.28% of Asheville homes are owned, compared to 33.28% rented, while 11.44% are vacant. Asheville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Asheville real estate agent to arrange a tour today!

Asheville, North Carolina has a population of 89,318. Asheville is less family-centric than the surrounding county with 26.36% of the households containing married families with children. The county average for households married with children is 27.86%.

The median household income in Asheville, North Carolina is $46,464. The median household income for the surrounding county is $48,464 compared to the national median of $57,652. The median age of people living in Asheville is 38.6 years.

Asheville Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 45.8 inches per year, with 11.4 inches of snow per year.

Asheville Real Estate Market Conditions

  • Median sales price

    $526,500
    4.29% change since last quarter
  • # Active listings

    1,075
    30-day change

Asheville Schools and Demographics

Education near Asheville, NC

Metric City County
High School Graduates 92.93 90.83
College Degree - 2 year 8.27 8.55
College Degree - 4 year 48.16 38.53
Graduate Degree 12.58 10.37
Expenditures per Student 8,966 9,420
Students per Teacher 15.5 14.9

Elementary Schools near Asheville, NC

School Grades Students P/T Ratio ZIP
Bell Elementary KG - 05 306 14.6 28805
Claxton Elementary School KG - 05 469 15.2 28801
Emma Elementary School KG - 04 426 14.8 28806
Estes Elementary KG - 05 729 14.8 28803
Evergreen Community Charter School KG - 08 444 15.4 28805
Francine Delany New School KG - 08 167 12.2 28806
Hall Fletcher Elementary School KG - 05 349 12.5 28806
Haw Creek Elementary School KG - 05 397 16.7 28805
Ira B Jones Elementary School KG - 05 482 13.8 28804
Isaac Dickson Elementary School KG - 05 488 15.3 28801
Johnston Elementary School KG - 04 316 12.5 28806
Oakley Elementary School KG - 05 466 16 28803
Sand Hill-Venable Elementary School KG - 05 722 15 28806
Vance Elementary School KG - 05 464 14.6 28806
West Buncombe Elementary School KG - 04 613 14.3 28806
Woodfin Elementary School KG - 05 143 9.9 28804

Middle Schools near Asheville, NC

School Grades Students P/T Ratio ZIP
Asheville Middle School 06 - 08 721 11.6 28801
Eblen Intermediate 05 - 06 728 15.7 28806
Erwin Middle 07 - 08 826 14.4 28806
Koontz Intermediate 05 - 06 683 15.1 28803
Reynolds Middle 06 - 08 549 13.3 28803
The Franklin School of Innovation 06 - 09 275 15.2 28803

High Schools near Asheville, NC

School Grades Students P/T Ratio ZIP
Asheville High School 09 - 12 1,089 11.8 28803
Early College 09 - 13 266 19.9 28801
Erwin High 09 - 12 1,328 16.6 28806
Reynolds High 09 - 12 1,348 17.1 28803
Roberson High 09 - 12 1,591 16.9 28803
School of Inquiry and Life Sciences 09 - 12 299 21 28803

Ungraded Schools near Asheville, NC

School Grades Students P/T Ratio ZIP
* Middle College 11 - 12 74 18.5 28801
Invest Collegiate - Imagine KG - 10 342 15.6 28806
Nesbitt Discovery Academy 09 - 09 100 18.2 28806

Demographics near Asheville, NC

Metric City County
Neighborhood Type Suburban
Population 89,318 252,268
Population Density 1,960 384
Median Age 38.6 41.9
People per Household 2.2 2.3
Median Household Income 46,464 48,464
Average Income per Capita 31,075 29,590