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Asheville NC Multi-Family Homes

Search current multi-family homes for sale in Asheville, NC. Log into your account to save your favorite listings. Don't have an account with us? Register here. You'll be able to save searches, keep track of property changes and get notifications about new listings.

For all of your Western North Carolina real estate needs, contact us. We can help answer your questions, as well as set up private showings for any listing below.

18/20 Mcpherson Street Asheville NC 28804

Asheville, NC18/20 Mcpherson Street, Unit 14/15

Price$185,000The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3904220

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1,468
  • Acreage 0.33
  • Property SubType Residential Income

Unique Woodfin property featuring a Mobile home with addition and fenced in yard. Property includes additional "fixer upper" home with a large carport and 2 lots 1 cleared (fenced in) lot available for future construction with Community Shopping Zoning and easy access to I-26 and downtown Asheville.

Listed by Hilary Corn of Coldwell Banker King

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

1 Powers Drive Asheville NC 28806

Asheville, NC1 Powers Drive

Price$595,000The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3934457

  • MultiFamily
  • Bedrooms 3
  • Square Feet 2,340
  • Acreage 0.14
  • Property SubType Residential Income

OVER 100K PRICE REDUCTION-CALL YOUR INVESTORS West Asheville Craftsman with separate terrace apartment for Mother-In-Law or rental. Luxurious finishes including cherry hardwood floors up and down and Ipe lifetime wood covered deck. Solid mahogany entrance doors to both units. Large white kitchen with island, two pantries, and both breakfast area and large dining area. Upstairs has 3 BR (all w/trayed ceilings) and a computer cubby and flex space to give you many choices as to the layout. The driveway is shared with 3 Powers Dr. Off the kitchen is a covered porch with Ipe deck. It can easily become screened-in. Downstairs is a 1BR apartment with a parking pad, an entrance, and a flagstone patio. Very flexible lifestyle configurations for this unit. See Agent Remarks for uses.

Listed by Jim Hunter of Realty Financial Group LLC

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

28,32,34,36 Collins Mountain Drive Asheville NC 28804

Asheville, NC28,32,34,36 Collins Mountain Drive

Price$799,000The price has recently decreased

Est. Mortgage: $/month

Open House

MLS Number CAR4036094

  • MultiFamily
  • Next Open House: Sun 06/11 3:00 pm. to 5:00 pm.
  • Bedrooms 4
  • Square Feet 2,295
  • Acreage 0.39

Have you been looking for the perfect turnkey real estate investment? You can have your very own little TINY TOWN! 4 fully renovated site-built homes. 2 short-term rental permits approved with Woodfin that transfer to the new owner. So many options are available. Family compound, rental community, lease to friends or UNCA students. Nestled in the hillside, 15 minutes north of Downtown Asheville, you'll find this vibrant and charming commune with easy access to award-winning restaurants, local breweries, and coffee shops! One can cruise the Blue Ridge Parkway or stroll down to the French Broad River to fish. The spaces are warm and inviting with an open-plan living area being the perfect place to relax and unwind. 3 of the 4 tiny homes are fully stocked with comfortable, stylish, and chic furnishings, smart locks, and smart TVs. Each bedroom has plush beds accompanied by a work desk in a connecting room and fully-equipped kitchens. Rental history available upon request.

Listed by Alexandra Schrank of RE/MAX Executive

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

91 Nevada Avenue Asheville NC 28806

Asheville, NC91 Nevada Avenue

Price$799,900The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR4038128

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1,881
  • Acreage 0.15
  • Property SubType Residential Income

Remodeled Craftsman Duplex (2/1 up and 2/1 down) on Dead End Street in a super quiet corner in the heart of West Asheville. One block off of Haywood Road's restaurants, shops, breweries, bars, and all that West Asheville has to offer. Home was converted into a duplex years ago, recently remodeled and could be converted back to a single family residential home with relative ease.Lower level is totally redone with a gorgeous kitchen with granite countertops and stainless steel appliances. Rear entrance leads to a mud room with a washer/dryer.The lower level bath has been refreshed with period style finishes and some original features (claw foot tub).A spacious dining room with bay window leads to a large LR that flows to a sweet covered front porch. Upstairs apt. has a refreshed bathroom with a claw foot tub/shower, an efficient kitchen and two good sized bedrooms. Gorgeous Hardwoods and tile throughout. Live in one unit and rent the other?New roof.Broker/owner.Showings start Friday 6/9.

Listed by Hal Schuelke of Schuelke Real Estate

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

2263 New Leicester Highway Asheville NC 28806

Asheville, NC2263 New Leicester Highway

Price$2,500,000The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4036428

  • MultiFamily
  • Acreage 12.36
  • Property SubType Residential Income

An immaculate mobile home park on 12.36 acres of land boasting beautiful views that will captivate you. This remarkable property offers 26 spacious & well-maintained mobile home spaces, presenting an incredible investment opportunity in the heart of tranquility. The park currently comprises 22 owned mobile homes, 3 tenant-owned homes, and 1 empty space. These homes provide an instant source of rental income, making this an ideal venture for seasoned investors and those seeking to enter the lucrative rental market. Additionally, this property presents an exciting prospect for expansion. With the rising demand for affordable housing, the perfect chance to increase your investment portfolio and maximize your returns. The mobile home park offers residents a peaceful & welcoming environment. The lush green surroundings and mountain vistas create an idyllic setting. Residents will relish the opportunity to revel in nature's beauty while benefiting from the convenience of nearby amenities.

Listed by Donna Prinz of Keller Williams Biltmore Village

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

330 And 328 Hillside Street Asheville NC 28801

Asheville, NC330 And 328 Hillside Street

Price$790,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR4000868

  • MultiFamily
  • Square Feet 2,560
  • Acreage 0.43
  • Property SubType Residential Income

Triplex with a garage apartment makes a total of 4 units in downtown Asheville! This quad has a good rental history and in good condition. The location is excellent. Current leases on all 4 units. Live in one unit and have someone else pay your mortgage. Location is convenient to breweries, restaurants, biking, hiking and all that is downtown Asheville. Please read agent remarks for more information.

Listed by Mary Love and John Senechal of Love The Green Real Estate Consulting Firm

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

400 & 401 Little Sycamore Lane Asheville NC 28805

Asheville, NC400 & 401 Little Sycamore Lane, Unit 100 & 101

Price$678,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR4028130

  • MultiFamily
  • Bedrooms 5
  • Square Feet 3,523
  • Acreage 0.03
  • Property SubType Residential Income

Original home, in what is now the Sycamore Cove Subdivision, is converted into two STR Condo units! Live in one and rent one-Or rent both. Surround by mostly long term units. 101 is 1,768 sf upper level unit has a spacious living and dining room with propane fireplace. Primary has shower with separate tub with walk in closet. Many new features including flooring, Hardwood floors, tile, granite countertops, carpet in Bedrooms, HVAC, Hot Water Heater, paint, electrical, plumbing and roof. 100 is 1,755sf Lower level unit converted into 2 bed/2baths, with living Rm, dining Rm, Lg kitchen with new cabinets, appliances, tile flooring in Kit & Bathrooms, granite countertops, carpet throughout, electrical & Plumbing fixtures, Lg utility Rm with storage. The Condos have their own separate HOA, which includes the .029 ac lot #47. and are all under the Sycamore Cove Master HOA: The two Condos : Great PRICE: $678,000 Seller would like to sale together if Possible.

Listed by Rick Bussey of Carolina Ridge Realty LLC

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

460 Elk Mountain Scenic Highway Asheville NC 28804

Asheville, NC460 Elk Mountain Scenic Highway

Price$2,700,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR3935327

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2,926
  • Acreage 2.8
  • Property SubType Residential Income

Family compound nestled on Elk Mountain Scenic Hwy offering enchanting grounds & expansive East, South & West year-round views of downtown Asheville & the mountain-ranges beyond. Incredible opportunity for passive income w/3 separate dwellings. The Appalachian main house features architecturally renovated spaces w/stunning kitchen, 3BRs, plus home office & loft. Two turn-key cottages offer endless possibilities for renting. Grossing an avg of $137,200/year (cottage & suite only), the cottages offer like-new construction w/gracious finishes, open decks, hot tub, & endless views across the Beaverdam Valley. No restrictions on short-term renting 1, 2 or all 3 units. New approved septic revision to expand existing 3 BR system to a 5 BR system on file, buyer to expand. Enjoy sunset views, a beautiful park-like setting, 2 garages & endless potential: Live, rent, expand! 10min to the Blue Ridge Pkwy & 10min to DT Asheville. https://iframe.videodelivery.net/08fb2176ec58296f621d2b3f4e72d455

Listed by Jennifer Farley and Cain Cox of Premier Sotheby’s International Realty

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

6 Echo Lane Asheville NC 28806

Asheville, NC6 Echo Lane

Price$520,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR3884727

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2,600
  • Acreage 0.66
  • Property SubType Residential Income

Income producing 4 unit (two duplexes) property. Each unit features 1 bedroom / 1 bath. Upper and lower unit in each duplex. Each have 650 sqft and have stove/refrigerator, baseboard heat. Tenants can have window AC units. Great rental history. Current rent rates are well under market value.

Listed by Amanda Simpkins of Coldwell Banker King

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

116 & 118 Naples Road Asheville NC 28804

Asheville, NC116 & 118 Naples Road

Price$1,295,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR4015579

  • MultiFamily
  • Bedrooms 7
  • Square Feet 3,475
  • Acreage 3.9
  • Property SubType Residential Income

Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.

Listed by David Bluth of Blueblaze Real Estate Group LLC

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

291 Clayton Avenue Asheville NC 28806

Asheville, NC291 Clayton Avenue

Price$379,900The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4006566

  • MultiFamily
  • Square Feet 2,360
  • Acreage 0.51
  • Property SubType Residential Income

There is a lot of potential on this .51 acre lot with city water & sewer with RM8 zoning. All of the buildings are being sold as is. There is a 1921, 3bd,1bth, house with approx 1000 sq ft, with a tenant on a month to month tenancy, a 1984 doublewide manufactured home with approx 960 sq ft, which both need some updating. There is also a 1957 singlewide manufactured home with approx 400 sq ft of no value that needs major repairs. There is also a small outbuilding for storage. Please do not enter the property without agent being present. Please do not disturb tenants. Contact either of the listing agents for more information on rental information and future cap rate possibility.

Listed by Martha Lowe and Bob Ray of Century 21 Mountain Lifestyles

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

0000 New Leicester Highway Asheville NC 28806

Asheville, NC0000 New Leicester Highway

Price$1,200,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR3603722

  • MultiFamily
  • Square Feet 1,032
  • Acreage 5.39
  • Property SubType Residential Income

Back on the market...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, 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

Listed by Micheal Farlow and Alan Cuthbertson of Lantern Realty & Development

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

274-276 Edgewood Road Asheville NC 28804

Asheville, NC274-276 Edgewood Road

Price$475,000The price has recently decreased

Est. Mortgage: $/month

Pending

MLS Number CAR4017696

  • MultiFamily
  • Bedrooms 4
  • Square Feet 1,813
  • Acreage 0.72
  • Property SubType Residential Income

Calling for highest and best offers! All offers due by 5:00 PM on Thursday 5/11/23. !!HUGE PRICE REDUCTION!! Highly motivated seller! Directly adjacent to UNCA and the North Asheville Tailgate Market, these 2-bedroom units are sure to stay in high-demand. Both units are comfortable, inviting, and well maintained, and could be updated or left just as they are. Multi-family investment opportunities in this location are rare! Don't let this be the one that got away. Tenants in place. Lease for #274 ends 9/30/23; lease for #276 ends 11/30/23.

Listed by Shannon McCarthy and Eliza Heath of Allen Tate/Beverly-Hanks Asheville-North

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

25 Hensley Hill Lane Asheville NC 28806

Asheville, NC25 Hensley Hill Lane

Price$549,900The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR3934777

  • MultiFamily
  • Bedrooms 5
  • Square Feet 2,896
  • Acreage 1.09
  • Property SubType Residential Income

Live in one and rent the other! Two units for sale on one piece of property. One is an off frame 2016 modular that has three bedrooms and two bathrooms. The other is a remodeled well kept single wide with an addition attached to the living area. That home is a two bed and two bath with as mentioned before an extended living space and a covered carport. Also include on this property is a fenced in backyard and a nice two car detached garage for all your extra storage needs.

Listed by Matt Leicht of EXP Realty LLC Asheville

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

143,145,147 Powers Road Asheville NC 28806

Asheville, NC143,145,147 Powers Road

Price$2,200,000The price has recently decreased

Est. Mortgage: $/month

Pending

MLS Number CAR4009004

  • MultiFamily
  • Bedrooms 17
  • Square Feet 10,722
  • Acreage 6.72
  • Property SubType Residential Income

A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

Listed by Alexandra Schrank of RE/MAX Executive

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

28 Buffalo Street Asheville NC 28806

Asheville, NC28 Buffalo Street

Price$3,000,000The price has recently decreased

Est. Mortgage: $/month

MLS Number CAR4019546

  • MultiFamily
  • Square Feet 12,392
  • Acreage 1.17
  • Property SubType Residential Income

Income Producing / Multi-Family Investment Property located in the West Asheville Community. This Offering is for a Portfolio of 15 Rental Units on 7 separate tax parcels. There are 7 Duplexes constructed in 2012-2013, each duplex has a Main Floor unit consisting of 3 bedrooms/2 baths and an Upper Floor unit consisting of a 1 bedroom/ 1 bath each with its own private entrance, and there is 1 Brick SFR built in 1961 (302 Deaverview) with 3 bedrooms/2 baths. Each Structure stands alone on its own individual tax parcel. The Deaverview & Huffman Street units are on adjoining & contiguous parcels consisting of 9 Rental Units in one location. (GIS Map attached). The Buffalo Street units are also adjoining & contiguous parcels with the remaining 6 Rental Units together in a separate location within a 2.5 miles drive from one another. Please review the CoveStar Brochure for additional details. Annual property operating data and a rent roll with lease sensitivities are available upon request.

Listed by James Diaz of Covestar Investment Realty

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787
Office: 828-231-3117

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.71% last updated on 2023-06-08

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Broker Reciprocity © 2023 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of June 10, 2023 3:15 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.