Western North Carolina Multi-Family Homes

MLS Number CAR4011856

• MultiFamily
• Bedrooms 16
• Square Feet 6,720
• Acreage 1.75
• Property SubType Residential Income

Two 3,360 square foot residential buildings, each existing of four units (8 total). All Units are 2 BD/1BA. These turn-key rental units are fully leased, and generate +/-$95,000 of gross annual income. Tremendous opportunity to purchase an excellent income producing property with below market rents and immediate upside potential. Significant capital invested into property in last five years; including: appliances, complete painting, water filtration system, landscaping and septic system repair and replacement. Originally built 1982 - Free Standing wood frame buildings with vinyl siding (2013), concrete slab, block foundation, shingle roof (2012). Property is in good condition with extensive upgrades. Each Building has two above ground units and two partial below grade units. Each upper unit has private back deck. The lower units enjoy a fenced concrete patio entry. There are full kitchen through-out and storage shed for each building. Please review CoveStar Brochure.

Listed by James Diaz of Covestar Investment Realty

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MLS Number CAR4010132

• MultiFamily
• Bedrooms 3
• Square Feet 1,517
• Acreage 0.33
• Property SubType Residential Income

Take advantage of this outstanding investment opportunity! This well-maintained property boasts 2 long-term residential units on a 0.33+/- acre lot in West Asheville. The first unit is a beautifully updated mid-century rancher with 2 beds/1 bath, 1,127 SF of HLA, natural light, and an open kitchen and dining area with French doors leading to a generous sunny deck. A full, 936 SF unfinished basement presents a value-add opportunity to transform it into a separate basement apartment for an additional source of income (Buyer to confirm). Built in 2018, the second unit is a tiny home that lives large with 390 SF of HLA, 1 bed/1 bath, a full kitchen, living/dining area and a fenced backyard area. This is a unique chance to invest in an income-producing property situated on a tranquil street in desirable West Asheville. The community features a public outdoor swimming pool, tennis courts and a playground, and is conveniently located near numerous restaurants and retail shops.Dup. mls 4010150

Listed by Abigail Strudel Griffin of Carla & Company Real Estate Services

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MLS Number CAR3926885

• MultiFamily
• Bedrooms 5
• Square Feet 2,408
• Acreage 0.75
• Property SubType Residential Income

Three-unit investment opportunity in highly-desirable West Asheville is ready to move in or rent! Duplex and single-family home are in a convenient location and rentals have a solid history. Recently updated and remodeled, both residences have new metal roofs, gutters, and gutter guards in 2023. New exterior and interior paint, HVAC's, and water heaters on both in 2020. All units have washer/dryer and will convey. City water. Two separate septic systems: three-bedroom septic for duplex and two-bedroom septic for single-family. Tenants pay for all utilities except water and they maintain their yards.

Listed by Clarissa Hyatt-Zack of EXP Realty LLC Asheville

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MLS Number CAR4008627

• MultiFamily
• Bedrooms 2
• Square Feet 1,284
• Acreage 6.94
• Property SubType Residential Income

Homesteading, family compound, vacation retreat or rentals, wedding and special events venue, and mini-farm are some of the endless possibilities on this beautiful 6.94 acre mountain property. Two custom, turn key homes give you a total 2713 square feet of living space. These two separate homes are surrounded by raised garden beds, fruit trees, abundant wildlife, a creek, natural springs, a zip line, a tree house, mature hard wood trees, and hiking trails. Invite family or friends to spend time with you while using the complete RV hook up. Use the workshop, two sheds, and secondary prep kitchen to entertain or run a small business. This private property is also conveniently located near local attractions such as Point Lookout Vineyards and other wineries, fruit stands and u-pick farms, Chimney Rock, Lake Lure, and downtown Hendersonville. PLEASE NOTE: This is two separate units.

Listed by Mandy Dalton and Monica Rousseau of Realty ONE Group Pivot Hendersonville

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MLS Number CAR4009245

• MultiFamily
• Bedrooms 2
• Square Feet 1,240
• Acreage 0.01
• Property SubType Residential Income

I'm a well maintained, 2 bedroom 2 bath Beautiful condo. I'm part of a duplex so I'm a end unit with a great view. Did I tell you that I have a pool and a club house. Tennis courts and some walking trails are just a few of the things that you will Love about me. I'm in a safe gated community. And you can see for Miles. Come check out my granite counter tops and the stainless steel appliances. Look at all the room you have to get away. I'm not far from Lake Lure or Asheville. And a major airport is very close. Come quick I won't last long.

Listed by Michael Lewis of Lewis No Clark Realty

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MLS Number CAR4009670

• MultiFamily
• Bedrooms 9
• Square Feet 2,275
• Acreage 1.4
• Property SubType Residential Income

Six unit apartments, 3 are 2 bedroom and 3 are studio style or 1 bedroom. 6 baths. 1.4 acre parcel overlooking Ivy Creek with possibility of adding more units, RV sites, if allowed. Property has new septic system and well pump. A couple of the units have been updated, but others have not. Close to UNCA, Mars Hill College and Future I-26. Unit 6 is empty and has a lockbox on door. This unit is available for showings and the remaining units are occupied and would be available by appt only on your second showing. More photos are up. Seller is a NC licensed r/e agent. No fuel. An old oil tank is buried in front yard. No signs of leakage. All tenants are month to month. No termite bond. New roof 2019. New well, tank, housing, etc., in 2021. New septic tank and drainfield 2022.Rents are month to month(No leases active) $2707 total. See attachments for bearkdown. Basement apartment in rear has ceilings under 7'. Cash offers only. Thanks

Listed by Doug King and Mark White of Mark White And Associates

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MLS Number CAR4008937

• MultiFamily
• Bedrooms 2
• Square Feet 1,150
• Acreage 0.45
• Property SubType Residential Income

INCOME PRODUCING: 1100sf 2/2 with loft cedar LOG CABIN currently renting for $2650/mo - sold turn key! All furnishings convey! Cabin sits next to creek. 700sf detached STUDIO with electric and gas heat ready to be finished with city water and sewer hook up and a little infrastructure for second rental. Detached 2 CAR GARAGE with electric. Both Garage and Studio are located on portion of PIN that is zoned commercial property. Live in Cabin and rent studio, turn studio into gallery and make garage a workshop - tons of potential! Within one mile of downtown Hendersonville. LA is related to seller.

Listed by John Duncan of Seller Solutions

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MLS Number CAR4007439

• MultiFamily
• Bedrooms 7
• Square Feet 3,577
• Acreage 0.24
• Property SubType Residential Income

Incredible investment opportunity. Two buildings available, a quadplex (1171 Champion Drive) and a duplex (31 Thompson Mill Road), for a total of six units (all 1bd/1ba, except for one 2bd/1ba). Currently all rented with long term tenants. The quadplex was built in 2020 and the duplex was purchased and renovated in 2019. All have been very well-maintained.

Listed by Noah Ball of Ball American Properties LLC

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MLS Number CAR4007116

• MultiFamily
• Bedrooms 5
• Square Feet 3,315
• Acreage 2.51
• Property SubType Residential Income

This magnificent historical colonial home is situated on a vast 2.51-acre lot, featuring a stunning white-painted facade with black shutters and a charming front porch with columns. Inside, the home boasts a wealth of original details and architectural features that have been thoughtfully preserved, including high ceilings, handsome woodwork, and hardwood flooring. With a flexible layout, the home is serving as a vacation and short term rental. Could also be a B&B. The main living areas are spacious and inviting, with plenty of natural light streaming in through large windows. Upstairs, you'll find a variety of bedrooms, each with its own unique character and charm and a Juliet balcony. The garage apartment offers additional space for guests or staff. While at the property you will notice the train chugging past this historical home, its large yard and expansive front porch transports you back to a bygone era of Southern charm and hospitality, reminiscent of the Whistle Stop Cafe.

Listed by Heather Hines of RE/MAX Executive

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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

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MLS Number CAR4001335

• MultiFamily
• Bedrooms 3
• Square Feet 1,683
• Acreage 2.6
• Property SubType Residential Income

Unique opportunity to own 2 homes and over 2 acres close to Brevard, fly fishing and Headwaters State Park! These mountain cabins would be a perfect mountain getaway or investment. The guest cabin has been totally remodeled including new kitchen, flooring, 2 baths and both homes have new roofs. The main cabin offers main level living, hardwood floor, stone fireplace, 1 BR and 1BA with a loft. Live in one and rent the other, or use one as an office. ENDLESS POSSIBILITIES!

Listed by Heather Scott of H Scott & Associates

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MLS Number CAR3938091

• MultiFamily
• Bedrooms 3
• Square Feet 763
• Acreage 0.19
• Property SubType Residential Income

Updated 2 bedroom/1 bath cottage central to Asheville and convenient to Mission Hospital. Enjoy a partially covered front porch and back deck, granite countertops, stainless steel appliances, ceiling fans, hardwood floors. Newer unit behind home behind cottage was built in 2017 with same upgraded features could be used as a guest house or rental. Both units have off street parking. Possibilities include renting both units, live in the main house and rent the back unit, or it could be a multi-generational home. Both units have been rentals for multiple years. Also listed as SFR, MLS # 3937099

Listed by Angela Harrell-O'Brien and Tammy Todd of Dawn Wilson Realty

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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; Rustic elegance w/a soothing blend of natural elements & old-world charm. 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. Enjoy sunset views, a beautiful park-like setting, 2 garages & endless potential: Live, rent, expand, retire w/security! 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

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MLS Number CAR3937381

• MultiFamily
• Bedrooms 5
• Square Feet 1,471
• Acreage 0.89
• Property SubType Residential Income

Rare find! 3 Bedroom Home with 2 additional apartments in the city of Brevard. Oversized city lot of .89 (city planning may possibly permit other structures, but you will need approval) Great investment property and convenient location, directly across from College Walk (apartments currently have month to month rentals) Unfinished storage areas under the apartment structures measure 883 sq. ft. *This listing is considered as non-conforming, preexisting use, since the zoning is residential and not multi-family (consult with City of Brevard regarding changes, permitting etc). The home and one apartment is part of the total heated sq ft., however, Apt#1 has only 6'9-6'10 ceilings so an additional 346 sq ft is not calculated in the total heated sq ft. Please call me to schedule a showing appointment for the house, and the apartments (48 hours notice to show apartments please)

Listed by Deborah Simpson of Simpson Properties of NC

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MLS Number CAR3934751

• MultiFamily
• Bedrooms 7
• Square Feet 2,516
• Acreage 0.51
• Property SubType Residential Income

A rare opportunity to own 3 turn key income producing rentals in the Brevard City limits. A revitalized 4-bedroom home and a second building with two apartments with a secured common laundry space and storage. They are included in the additional Sqft. Leases are in place for all three living quarters. Both buildings have had extensive interior updating, including the roof and HVAC, to raise the homes up to a high standard. Close to all the amenities of downtown living and easy access to what we love about our community. Owner is a licensed Real Estate agent.

Listed by Jennifer Merrell of RE/MAX Land of the Waterfalls

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MLS Number CAR3937220

• MultiFamily
• Bedrooms 6
• Square Feet 3,145
• Acreage 0.25
• Property SubType Residential Income

GREAT Investment/rental opportunity in one of the most desirable areas of Asheville! This package consists of a duplex (23 & 25) and a single family residence (27) on 2 parcels. Duplex consists of 2,055 sf of living area with 4 BRs, 2 1/2 baths, and 2 functional kitchens. There's also a full unfinished basement and another 800+ sf of finished attic (ceilings all under 7 ft) that offer additional storage space or opportunities for your imagination. The SFR consists of 1,090 sf with 2 BRs and 2 Baths. A 1-car garage with potential studio above is shared between the 2 properties (see attached survey & easement) and offers potential for yet another income source with the property restoration. All of this is located in walking distance to the VA Hospital, less than 10 minutes to downtown Asheville, 5 minutes to I-240 and I-40,and 3 minutes to the Blue Ridge Pkwy. A perfect opportunity for positive cash flow in a great area! Package only- not available individually.

Listed by David Griffin and Brad Whitesell of Whitesell Real Estate Group

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MLS Number CAR3899501

• MultiFamily
• Bedrooms 6
• Square Feet 3,810
• Acreage 1.57
• Property SubType Residential Income

Listed below tax value. Nestled among the trees with long-range views of the Great Smoky Mountains sits this fully custom and spacious log cabin! Easy access from the driveway to the front door. Enter through the foyer into an open floorplan with a well-crafted kitchen and great room with plenty of space for entertaining. Pass through the next hallway into the primary living quarters complete with another sitting area, kitchenette, and main bedroom. Step out into the scenery and absorb the views and trickling sounds of the nearby creek from your private balcony. The upper level boasts two additional bedrooms and a nice loft space. This awe-inspiring home doesn't stop there, as it offers two bonus living areas, each with separate living quarters that can be accessed from outside of the main living area and has everything necessary for short-term or long-term renters! Including a kitchen, a bedroom, a living room, bathroom, and laundry. Minutes to downtown shopping.

Listed by John Stephens of EXP Realty LLC Asheville

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MLS Number CAR3934013

• MultiFamily
• Bedrooms 6
• Square Feet 2,472
• Acreage 1.12
• Property SubType Residential Income

Welcome to the Yates Compound! The main house has been lovingly transformed with charming design and quality craftsmanship featuring a chef's kitchen, soapstone countertops, a private primary suite tucked away on the main level, and even an office nook. The spacious, light-filled living room features a wood stove for cozy evenings. Upstairs you'll find 3 more bedrooms, a yoga/meditation room or office, and there's a hidden walk-up attic or playroom. The main level garage offers a load of space for your car and a workshop or storage. The one-bedroom dwelling above the garage features an expansive deck for exquisite sunset views, but wait there's more. Stroll down the stone path to the well-appointed tiny house! Need more studio or workshop space? There are 2 and a kiln! This is a great investment property. The garage apartment and tiny house are currently long-term rented. They have been successful short-term rentals in the past. Close to Point lookout, Youngs Ridge, and G5 Trails.

Listed by Beth Zabriskie of Homesource Realty INC

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