Asheville NC Multi-Family Homes

MLS Number CAR4259711

• MultiFamily
• Bedrooms 4
• Square Feet 3,099
• Acreage 0.25
• Property SubType Residential Income

4 plex right off Charlotte St. Less than a mile to start of downtown Asheville. All rooms are very spacious. Hardwood floors. Most windows are new, period windows left on front of building. Full basement with windows, may be possible 5th rental unit. On street parking plus shared parking spaces on back of building. Shared coin operated laundry in basement. 1 water heater per 2 units. Excellent rental history since 1954, same owner for all that time. Each unit currently occupied so agent or management must accompany. Please as much notice time for showing as possible.

Listed by Sandra Justus and Kelly Frady of Allen Tate/Beverly-Hanks Asheville-North

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MLS Number CAR4259305

• MultiFamily
• Square Feet 8,275
• Acreage 1.07
• Property SubType Residential Income

Note: Do Not Disturb tenants! All showings must be accompanied by the Listing Agent. No showing service. One of Asheville's premier group of townhouses (six units) located near the booming West Asheville/Haywood Road shopping area, and convenient to Asheville Outlets. The units feature hardwood floors throughout on the first floor, living room with vaulted ceilings, ceiling fan, and gas log in a stone fireplace, deck off of the living room with french door. Gourmet kitchen with stainless steel appliances: refrigerator (with ice maker), range, dishwasher, microwave and disposal. Half bath with pedestal sink downstairs. Master bedroom has vaulted ceilings, ceiling fan, master bath includes jet tub and beautiful white ceramic tile. Second bedroom has ceiling fan and full bath off of the bedroom. Garage with opener. Heat pump provides heat and a/c. Six Units with stable history, long-term tenants; Prime West Asheville location across from Greenway.

Listed by Tim Bramley of Dewey Property Advisors

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MLS Number CAR4228998

• MultiFamily
• Bedrooms 4
• Square Feet 1,811
• Acreage 0.29
• Property SubType Residential Income

Great investment opportunity in a wonderful West Asheville location, right around the corner from Sunny Point Café and the vibrant Haywood Road corridor. This unique property consists of three units in two standalone homes on a 0.29-acre lot. All units have excellent rental history. 17 Hubbard is a duplex with a 979 SF, 2BD/1BA apartment upstairs and a 420 SF, 1BD/1BA apartment downstairs. 19 Hubbard is a cute 412 SF, 1BD/1BA standalone cottage. Each unit has its own porch and all can enjoy the large, sunny yard. Many updates have been made in recent years, including water heaters, mini-splits, roofs and gutters, etc. (See improvements attachment.) Live in one unit and rent the others, or rent all three units and enjoy a great return. Many possibilities! Come take a look today!

Listed by Chris Findley of Mosaic Community Lifestyle Realty

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MLS Number CAR4254126

• MultiFamily
• Bedrooms 5
• Square Feet 1,945
• Acreage 2.12
• Property SubType Residential Income

Discover a rare opportunity to own two homes on a peaceful 2.12-acre property, just minutes from downtown Asheville! Nestled in a serene setting, both homes feature spacious front decks perfect for relaxing or entertaining. Recent updates include fresh paint throughout and brand-new water heaters in both homes. The primary residence, a 3-bed, 2-bath home, features a brand-new roof. The second home, a 2-bed, 1-bath, has a roof that is only eight years old. Both are move-in ready and well-maintained. This versatile property offers endless possibilities-live in one and rent the other, create a multi-generational setup, or invest in long- or short-term rentals. Enjoy quiet surroundings without sacrificing convenience, with shopping, dining, and entertainment just a short drive away. Experience the perfect blend of tranquility and accessibility at 66 Avondale Heights!

Listed by Chaim Salomon of Unique: A Real Estate Collective

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MLS Number CAR4231166

• MultiFamily
• Bedrooms 3
• Square Feet 1,751
• Acreage 0.05
• Property SubType Residential Income

New construction townhouse in the historic Chicken Hill neighborhood, just minutes from downtown Asheville, a few blocks from the revitalizing River Arts District and greenway. This thoughtfully designed three-level home features two ensuite bedrooms and striking architectural details throughout. The lower level offers incredible flexibility-ideal for a private office, guest suite, another primary suite, or a separate rental with its own entrance. Enjoy private off-street parking plus additional street parking on the main level. Beautiful white oak floors flow throughout, complemented by timeless tile in the bathrooms. Recent upgrades include custom closets by Carolina Closet, a stylish kitchen tile backsplash, custom window treatments, and more. If you're seeking pristine condition in a prime location with low maintenance, this is the one! Seller is licensed Realtor.

Listed by Toni Ewing and Richard Fast of Asheville Crafted Real Estate,LLC

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MLS Number CAR4239161

• MultiFamily
• Bedrooms 4
• Square Feet 1,760
• Acreage 0.18
• Property SubType Residential Income

Income producing duplex in West Asheville. Main floor is a 2/1 (920sf) with a office/bonus room. Lower level is a 1 bedroom apartment (840sf) with open floorplan (office has no window so we cannot call it a bedroom). Large fenced backyard, and large fenced front yard. Both entries have large patios. Conveniently located in West Asheville near Asheville School. Both units are currently vacant.

Listed by Rory Heller of Keller Williams Professionals

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MLS Number CAR4219913

• MultiFamily
• Bedrooms 2
• Square Feet 1,820
• Acreage 0.27
• Property SubType Residential Income

INVESTORS OPPORTUNITY! Turnkey "studio-style" duplex with rare short-term rental permit, boasting excellent short- and long-term rental history and potential, in popular Woodfin. Two stellar units with matching floor plans, yet featuring unique design elements and finishes. Excellent proximity to Woodfin Riverside Park (including the world-class whitewater wave), Zillicoah Beer Company, and UNCA hiking and biking trails; minutes to downtown Asheville. Each well-appointed and well-maintained unit boasts a spacious living room, beautifully finished full kitchen, luxurious bedroom with large walk-in closet, full bathroom, and laundry. Durable siding and metal roof + two decks for outstanding outdoor living. Plenty of parking with a driveway that allows easy access to both units. See brochure for details, and contact listing agent for more details on income history/potential.

Listed by Wilson Hood of Mosaic Community Lifestyle Realty

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MLS Number CAR4250001

• MultiFamily
• Bedrooms 4
• Square Feet 3,259
• Acreage 0.77
• Property SubType Residential Income

This beautifully updated 4-bedroom, 3-bathroom ranch is located in the sought-after Lakeview Park neighborhood. Every inch of this home has been thoughtfully renovated, featuring stunning wood floors and modern finishes. The open living area includes a showstopper kitchen with space for entertaining, and a wood-burning fireplace for added warmth and ambiance. The finished basement adds even more room with a large den, 2 bonus rooms and a 2-car garage. The private backyard is perfect for relaxing or hosting, with a patio, built-in gas grill, and a newly renovated guest house offering a full bathroom, kitchenette, and living space. Enjoy peace of mind with a new roof, new HVAC, and a whole-house security system. Conveniently located near Grove Park Inn, Country Club of Asheville, Beaver Lake, and plenty of shops and dining options, this home offers the perfect blend of tranquility and access to Asheville's best amenities, making it a must-see. Agent Owned.

Listed by Tasha Pepi of Homespun Investment Realty Inc

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MLS Number CAR4233848

• MultiFamily
• Bedrooms 6
• Square Feet 2,683
• Acreage 0.34
• Property SubType Residential Income

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, unit A pays $2020 per month and unit B pays $2000 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. The leases for both units transition to month-to-month leases on 5/31/2025. The bottom unit would like to remain and the top unit will be vacating 5/31/25.

Listed by Bryce Alabaster of Emily Bartlett Real Estate

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MLS Number CAR4246087

• MultiFamily
• Bedrooms 3
• Square Feet 1,257
• Acreage 0.06
• Property SubType Residential Income

LEGAL, LEGAL, LEGAL SHORT-TERM RENTAL, or LONG TERM RENTAL, or HOME with LEGAL SHORT TERM RENTAL, or FAMILY home with apartment for FAMILY and FRIENDS, or whatever you imagine... Minutes to Downtown Asheville and only a short walk, bike ride, or car ride to the Asheville Mall, Whole Foods, Lowe's, and other desired restaurants and shopping. Can you imagine cute, cozy, and expansive in the same sentence? You can, as you view this property perched atop Beaucatcher Mountain overlooking the Valley below. If you are looking for a unique, artsy property in or around the Asheville City limits, look no further as you explore the Berne Chalet in person. Call Listing Agent to show and for more details.

Listed by Jacob Lions of Jacob Lions,Broker

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MLS Number CAR4235497

• MultiFamily
• Bedrooms 3
• Square Feet 1,491
• Acreage 0.12
• Property SubType Residential Income

2 Homes for one price! Primary Home & ADU! 19 Castle & 131 Unadilla provide a unique real estate opportunity in the sought-after Kenilworth neighborhood of Asheville, where two delightful homes share one corner lot. Just five minutes from the downtown, one block from the historic Biltmore Estate, & around the corner from hospital services, this property offers the perfect blend of tranquility and convenience. The larger residence provides approximately 1,037 sq ft of thoughtfully designed living space, featuring two bedrooms and two full baths. Its companion, affectionately known as "the treehouse," offers a cozy 454 sq ft with one bedroom and one bath-perfect for guests, a home office, or generating rental income. The dual-home configuration opens a world of possibilities-live in one while renting the other, accommodate extended family, or maximize investment returns through multiple rental streams. A rare find that combines charm, location, and flexibility-welcome home to Kenilworth.

Listed by Amy Curtis and Shayne Hollifield of Noble & Company Realty

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MLS Number CAR4246914

• MultiFamily
• Bedrooms 4
• Square Feet 3,057
• Acreage 0.24
• Property SubType Residential Income

BUILDER/INVESTOR'S DREAM! MONTFORD duplex waiting for your special touches -- centrally located & walkable w/restaurants & downtown nearby! Charming arts & crafts 1920's. Both units have 2 bedrooms and 1 bath on second floor. High ceilings throughout. Lifetime Leaf Guard on gutters. Conversation w/City of AVL suggests that LEGAL add'l structure (no limitations on s.f., just setback requirements) can be added & no parking required for dwelling. Possible alley access in rear. BUYER PLEASE CONFIRM with CITY! Existing duplex has deferred maintenance; USE CAUTION on back & basement stairs. 2 buried oil tanks recently removed. Being Sold "AS IS."

Listed by Marie Morris of Allen Tate/Beverly-Hanks Asheville-Downtown

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MLS Number CAR4242004

• MultiFamily
• Bedrooms 4
• Square Feet 1,582
• Acreage 0.08
• Property SubType Residential Income

Prime investment opportunity in the heart of Asheville! This charming duplex is just seconds from downtown, offering unbeatable convenience and potential. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces in a sought-after location. With tenants already in place and covering all utilities, this property is a fantastic income-producing asset. Plus, an extra lot is included-perfect for whatever to maximize your investment (buyer must verify). Situated near Asheville's vibrant dining, shopping, and entertainment scene, this property puts you just minutes from top breweries, music venues, and local hotspots. The Blue Ridge Parkway is a short drive away, offering endless outdoor adventures, while the iconic Biltmore Estate is within easy reach for history and luxury lovers alike. Travel a lot? Asheville airport is less than 30 minutes away. Don't miss your chance to own a versatile property in one of Asheville's most desirable areas. Schedule your showing now

Listed by Jessica Kitsos of WEICHERT,Realtors - Unlimited

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MLS Number CAR4227410

• MultiFamily
• Bedrooms 4
• Square Feet 1,523
• Acreage 0.43
• Property SubType Residential Income

This Mid-century all-brick duplex is a fantastic investment opportunity or perfect for multi-generational living! Featuring 2 bedrooms and 1 bathroom per unit, this well-maintained property offers durability, curb appeal, and low maintenance. Property Highlights: All-brick exterior for lasting quality & minimal upkeep, Spacious floor plans with abundant natural light, Efficient kitchens with ample cabinetry and counter space, Gleaming wood floors in living rooms, halls, and bedrooms, Separate entrances & utilities for privacy and convenience, Large front yard / ample parking / garage, Prime location near two hospitals, great schools, shopping, and public transportation. Whether you're an investor looking for steady rental income or a homeowner seeking extra financial flexibility, this duplex is a must-see! Schedule a showing today!

Listed by Pam Davis of Keller Williams Professionals

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MLS Number CAR3603722

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

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

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

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MLS Number CAR4209787

• MultiFamily
• Bedrooms 1
• Square Feet 2,498
• Acreage 0.23
• Property SubType Residential Income

EXCELLENT OPPORTUNITY in N AVL! Welcome to 40 Coleman Avenue, a PRIME four-unit brick building located in a highly sought-after North Asheville, just a stone's throw away from UNCA, Weaver Park, Grove Park Inn, and Beaver Lake. As you approach the property, you'll notice its excellent curb appeal, with a prominent presence on the block. The center staircase provides convenient interior access to the basement, offering ample storage space, as well as rear access for each unit. With its prime location, the potential for long-term appreciation and rental income is unparalleled. Don't miss your chance to hit a home run with this exceptional property! Financial details are available to qualified buyers only, so don't hesitate to schedule a showing.

Listed by Jonathan Franzen of EXP Realty LLC

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MLS Number CAR4203222

• MultiFamily
• Bedrooms 3
• Square Feet 2,016
• Acreage 0.16
• Property SubType Residential Income

Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available for sale), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is rare and coveted neighborhood business - buyer to confirm intended use. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has a 39-night $1950 rental booked in July that a buyer can keep or cancel as they prefer. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possible with minor modifications. Provide proof of funds or preapproval letter with showing request.

Listed by Buck Schall of Dwell Realty Group

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MLS Number CAR4242954

• MultiFamily
• Bedrooms 4
• Square Feet 2,482
• Acreage 0.14
• Property SubType Residential Income

Historic Montford Duplex easy walking distance from Downtown Asheville and All Day Darling! Classic Montford character and charm and well maintained. Enjoy the Large front porches upper/lower levels and back decking. Spacious 9FT ceilings, hardwood floors and many original features. Recently painted and LOTS of upgrades (see attached). Off street parking behind house along with space for a garden and firepit. Solid rental history! Offered furnished. The home is in Montford historic district of Asheville and Buncombe County. Any changes to the architecture or exterior must be approved by the commission.

Listed by Tamara Stanton of Allen Tate/Beverly-Hanks Asheville-Downtown

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MLS Number CAR4235228

• MultiFamily
• Bedrooms 5
• Square Feet 2,186
• Acreage 0.24
• Property SubType Residential Income

This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio

Listed by Aaron Kraft of House In Order,LLC

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MLS Number CAR4197890

• MultiFamily
• Square Feet 3,212
• Acreage 0.41
• Property SubType Residential Income

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Listed by Gray Tolson of Appalachian Realty Associates

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