Asheville Real Estate Search

Asheville Multi-Family Properties for Sale

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Newest Asheville Multi-Family Homes for Sale

12,20 Collins Mountain  Drive, Asheville
$1,650,000
5 Beds ⋅ 4433147 MLS ⋅ ACTIVE Status
Exceptional investment opportunity featuring two established, income-producing short-term rentals on the same parcel, approximately 14 minutes from downtown Asheville! 20 Collins Mountain Drive ("The Move") and 12 Collins Mountain Drive ("Side Quest") are offered together as a fully furnished investment property with established rental history, grandfathered STR permits, and multiple booking configurations. The Move (20 Collins) serves as the primary rental attraction, featuring a resort-style outdoor entertainment area with a swimming pool, hot tub, sauna, fire pit, and gathering spaces designed for larger groups. Side Quest (12 Collins) complements the main residence as a separate guest retreat with its own private hot tub, creating an additional rental opportunity and expanding the property's appeal to different guest segments. A key advantage is the established three-listing rental strategy. The Move and Side Quest are marketed independently and together through the combined Airbnb listing "Big Moves," allowing operators to accommodate through multiple booking configurations. Seller-reported improvements include roofing and HVAC updates. With documented rental performance, grandfathered STR permits, extensive guest amenities, and proximity to downtown Asheville, this offering presents an opportunity to acquire two established vacation rentals in a single transaction.

12,20 Collins Mountain Drive, Asheville

Listing courtesy of EXP Realty LLC. tyler@savvy.realty

12,20,28,36 Collins Mountain  Drive, Asheville
$2,150,000
4433391 MLS ⋅ ACTIVE Status
Rare opportunity to acquire an established, income-producing four-property rental portfolio approximately 14 minutes from downtown Asheville! The Collins Mountain portfolio includes 20, 12, 28, and 36 Collins Mountain Drive, offering investors a diversified rental operation with three grandfathered STR permits, one established medium-term rental, documented rental performance, and multiple booking configurations. 20 Collins Mountain Drive ("The Move") serves as the portfolio's primary rental attraction, featuring a resort-style outdoor entertainment area with a swimming pool, hot tub, sauna, and fire pit. Neighboring 12 Collins Mountain Drive ("Side Quest") offers a separate guest retreat with its own private hot tub. Both properties operate independently and together through the established "Big Moves" Airbnb listing, allowing investors to accommodate different group sizes and maximize booking opportunities. 36 Collins Mountain Drive adds another permitted STR featuring a private hot tub and sauna, while 28 Collins Mountain Drive ("Hilltop Cabin") operates as a furnished medium-term rental, providing an additional income stream and diversification beyond traditional vacation bookings. Across all four properties, investors benefit from a swimming pool, three hot tubs, two saunas, and multiple guest experiences designed to attract different rental demographics. Furnishings convey, and continued third-party property management is available under a new agreement. Seller-reported improvements include roofing and HVAC updates. With established rental history, multiple income streams, and proximity to downtown Asheville, this portfolio presents an opportunity to acquire an operating rental business with potential for continued revenue optimization. Detailed financials and offering memorandum available upon request.

12,20,28,36 Collins Mountain Drive, Asheville

Listing courtesy of EXP Realty LLC. tyler@savvy.realty

61 State  Street, Asheville
$2,330,000
4432943 MLS ⋅ ACTIVE Status
DO NOT DISTURB TENANTS. Call listing broker for details. 24 Residential Rental Portfolio & 3 lots for Sale! Rare opportunity to scoop up 24 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748, 105 Cobra Dr, Leicester, NC 28748, 108 Cobra Dr, Leicester, NC 28748, 14 Cobra Dr, Leicester, NC 28748, 118 Cobra Dr, Leicester, NC 28748, 120 Cobra Dr, Leicester, NC 28748, 124 Cobra Dr, Leicester, NC 28748, 20 Prestwood Place, Leicester NC 28806, 4 Prickly Juniper Trl, Asheville, 28806, 6 Prickly Juniper Trl, Asheville, 28806, 7 Prickly Juniper Trl, Asheville, 28806, 8 Prickly Juniper Trl, Asheville, 28806, 9 Prickly Juniper Trl, Asheville, 28806, 14 Prickly Juniper Trl, Asheville, 28806, 24 Prickly Juniper Trl, Asheville, 28806, 26 Prickly Juniper Trl, Asheville, 28806, 28 Prickly Juniper Trl, Asheville, 28806, 30 Prickly Juniper Trl, Asheville, 28806, 32 Prickly Juniper Trl, Asheville, 28806, 94 Cedar Hill Rd, Asheville, 28806, 16 Lawndale Ave, Asheville, NC 28806, 71 Deaver Park Circle, Asheville, NC 28806, 76 Deaver Park Circle, Asheville, NC, 28806, Deaver Park Cir, Asheville, NC 28806 (PIN: 9628257540), Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578), 61 State St, Asheville, NC 28806. West Asheville / Leicester Areas. Parcel ID / Pin Numbers: 9700725880, 9628184091, 9628173929, 9628174980, 9628173920, 9628172708, 9638345160, 9628255771, 9628254842, 9628257540, 9628255578, 9628256618. Highlights: In-place cash flow with immediate upside potential, significant value-add through rehab, lease-up and expansion, expansion potential: +8 lots at Cedar Hill. below-market rents, diversified asset base (a mix of mobile homes, single family, and land).

61 State Street, Asheville

Listing courtesy of Dewey Property Advisors. scott.raines@deweypa.com

25 Hickory Tree  Road, Asheville
$425,000
4 Beds ⋅ 4432822 MLS ⋅ ACTIVE Status
Enjoy the best of Asheville living without the city limits! Conveniently located near schools, shopping, restaurants, and everyday amenities, this unique property is ideal for multigenerational living, an investment property, or simply a spacious home with room to spread out. Situated on a flat, level yard, the home offers plenty of usable outdoor space for pets, gardening, entertaining, or play. The main level features three bedrooms and two bathrooms, while the finished lower level provides its own living space with a kitchen, full bathroom, and multiple additional rooms that could be used for guests, extended family, a home office, recreation space, or other needs. Previously utilized with separate living arrangements, the home provides an appealing option for those seeking additional income potential or space for multiple generations under one roof. Although conveniently located in Asheville, the property is outside Asheville city limits, offering the advantage of no Asheville city property taxes and potentially greater options for rental use. Whether you're searching for a primary residence, multigenerational space, or an investment, this property offers a rare combination of location, usable space, and possibilities. Book your appointment today! *The lower level offers approximately 1,013 additional square feet of finished space heated by a heat pump. This area is not included in the advertised heated living area because access requires passing through a non-continuously heated space. The lower level includes multiple finished rooms offering flexible options for a home office, recreation room, guest space, workout area, or additional living space. These rooms are not represented or advertised as bedrooms due to window and egress requirements.

25 Hickory Tree Road, Asheville

Listing courtesy of Keller Williams Professionals. athenasellswnc@gmail.com

198 & 200 Courtland  Place, Asheville
$798,000
5 Beds ⋅ 4427261 MLS ⋅ ACTIVE Status
Calling all investor buyers, house hackers, and multi-unit property seekers! Outstanding opportunity to own a versatile multi-unit property backing to peaceful green space, just outside Asheville’s historic Montford district and close to downtown. Enjoy excellent walkability to local favorites including All Day Darling, Tall John’s, the Montford Park Players, and downtown Asheville amenities. The property features two distinct homes with a strong rental history. 200 Courtland is a 2-bedroom home with a versatile finished basement apartment with kitchenette. The main level features two bedrooms, with an access door from one of the bedrooms leading to a finished attic that is not included in the listed square footage. The attic also provides additional unfinished storage space. The basement apartment has interior access from the main home, allowing it to function seamlessly as part of the larger residence, as well as a private exterior entrance from the stone patio for separate rental use. 200 has been rented reliably for $2900/month 198 Courtland is a stand-alone 2-bedroom Four Square-style residence with lovely, reliable long-term tenants currently on a month-to-month lease. The home features newer windows throughout, decorative fireplace mantels, electric baseboard heat, and oil heat. Beneath the home is a full-footprint, dirt-floor garage offering substantial storage and utility space. 198 has been rented reliably for $1900/month With its convenient location near historic Montford, downtown Asheville, and neighborhood dining, this property offers exceptional flexibility for an owner-occupant looking to offset mortgage costs, an investor seeking to expand their portfolio, or those looking for a multi-generational living arrangement. The two-home configuration provides the opportunity for family members to live independently while remaining close, or for one residence to generate rental income while occupying the other. Updated photos coming soon!

198 & 200 Courtland Place, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Freestone Properties. mike.blumenfeld@allentate.com

117 & 119 Spears  Avenue, Asheville
$850,000
6 Beds ⋅ 4424401 MLS ⋅ ACTIVE Status
Full of character and opportunity in the heart of Asheville, 117 Spears Avenue offers a unique chance to own a four unit property comprising two separate buildings, each featuring an upstairs and downstairs residence. With numerous recent updates throughout, the property is turnkey and ready for its next owners, creating an exciting opportunity for investors, multigenerational living, or an owner occupant looking to generate rental income. The first building offers a spacious 2 bedroom, 2 bath main-level unit (117-101) with an office, living room, dining room, kitchen, mudroom, front porch, and an ensuite bath. Upstairs, 117-201 is a 1 bedroom, 1 bath unit with its own kitchen and living room. The second building adds two more residences, with 119-101 offering 1 bedroom and 1 bath, along with additional storage, and 119-201 featuring 2 bedrooms and 1 bath. Set along an established residential street, the property combines a flexible four unit layout with a convenient in town Asheville location. Off street parking is available for residents of all four units, adding an especially valuable convenience to this centrally located property. Enjoy easy access to downtown Asheville, nearby restaurants, shopping, local businesses, and everyday amenities while maintaining the feel of a residential setting. Current rent roll and P&L available. With two buildings, four individual units, a total of 6 bedrooms and 5 baths, recent updates, and dedicated off street parking, 117 Spears Avenue presents a compelling opportunity for buyers looking to add a turnkey property to an investment portfolio, explore an owner occupied investment, or take advantage of the flexibility that multiple residences provide. A distinctive Asheville property offering versatility, location, and plenty of potential for its next chapter.

117 & 119 Spears Avenue, Asheville

Listing courtesy of Nest Realty Asheville. angie@nestrealty.com

41 Panola  Street, Asheville
$799,000
5 Beds ⋅ 4406063 MLS ⋅ ACTIVE Status
Stately four-plex residence of a Dutch Colonial Revival style on over 1/4 acre. Prime, in-town location on a quiet, tree-lined street. A unique investment opportunity with all four units currently leased and consistent rental income over the years. One 2 BR/1 BA unit, and the others are all 1 BR/1 BA. Many charming, original details. Offering a nostalgic presence with its mostly hardwood floors throughout, and tall ceilings on the main. All can enjoy the beautiful garden areas, with hydrangeas galore. The private, open backyard is where the outdoors is easily embraced. Tenants can also choose to relax on the covered front or rear porches. The National Register of Historic Places noted 41 Panola St. as an early 20th c. vernacular shingle dwelling within the Montford Area Historic District. Information about the Historic Resources Commission and the Montford guidelines can be found on the Asheville City webpage. This classic home has an interesting past, old appeal, and much potential. Some may say it seems a little tired, yet there's plenty to love. Continue with this successful rental (likely its best use) in its present state, or new owners may choose to bring this vintage beauty back to its bygone majesty. Convenient to all things Asheville! Moments from Montford Park, UNCA, Botanical Gardens, Reed Creek Greenway, popular restaurants (such as All Day Darling and Nine Mile) and entertainment venues (like Harrah's Cherokee Center and Thomas Wolfe Auditorium). Trader Joe's, Whole Foods and more, are about 1 mile away. Consider generating extra monthly income! Cannot match this desirable Asheville neighborhood. Could this be the place and time? **Please do not walk the property unless the listing agent confirms the buyer's agent's appointment requests. Listing agent will accompany at showings. 24-hour+ notice is a must. Pre-approval or proof-of-funds needed prior to confirming showings.**

41 Panola Street, Asheville

Listing courtesy of Town and Mountain Realty. lsilverman@townandmountain.com

77 Trotter  Place, Asheville
$615,000
5 Beds ⋅ 4419815 MLS ⋅ ACTIVE Status
Back on the market due to buyer's circumstances unrelated to the seller or property: 77 Trotter Place is where opportunity meets neighborhood charm. Located in one of Asheville's most coveted neighborhoods, this is more than a home, it's a promising investment with built-in flexibility, and opportunity to dream big. Whether you're looking to house-hack, invest, or simply settle into a vibrant community with family, this move-in-ready property delivers multiple income producing possibilities. Choose to live in the spacious upper unit, a classic 3-bedroom, 1-bath, while renting out the newly finished lower unit, a bright 2 bedroom, 2 bath with extra insulated ceilings, either longterm, month-to-month, or as a Homestay/STR with city's approval. Or lease both units and let the property pay for itself while you plan your next move, whether that's building your dream home or an additional multi-family unit on the generous lot out back/side, at .34 acres, zoned RM8 (flag lot subdivision pending city approval) or an ADU. Best of all, the heavy lifting is already done at this house. With newer siding, a newer roof, updated insulation, fresh flooring, newer HVACs, newer water heaters, and two sets of modern washer/dryers, you can close and breathe easy. Step outside and the neighborhood does the rest. A few blocks away, Malvern Park is set to become home to a new Aquatic Center featuring lap lanes, lessons, and poolside relaxation, alongside existing tennis, pickleball, basketball, a playground, greenway, and a pavilion. And within less than a mile, you'll find some of Haywood Rd's most beloved coffee shops, bars, restaurants, breweries, groceries, and boutiques. This is a neighborhood worth putting down roots in, and 77 Trotter is your way in. Other MLS 4393089

77 Trotter Place, Asheville

Listing courtesy of Patton Allen Real Estate LLC. Jeramy@pattonallenre.com

575 Sand Hill  Road, Asheville
$435,000
4 Beds ⋅ 4414758 MLS ⋅ ACTIVE Status
575 Sand Hill Road offers a rare West Asheville investment opportunity. A clean, single-owner duplex that has been impeccably maintained, thoughtfully cared for, and positioned for flexibility from day one. Built on a slab with zero-stair entry, this property offers easy access, practical function, and broad appeal for investors, owner-occupants, multigenerational living, or buyers who want to live in one side and rent the other. Both units are vacant, freshly cleaned, freshly painted, and available for easy showings. This creates an opportunity for the next owner to reset, improve, occupy, lease, or reposition the property. Major practical value has already been addressed, including a new water lines, and the property has no history of flooding. The lot may also offer future potential for an additional structure, garage, or apartment, subject to buyer verification. The West Asheville location adds even more appeal, offering convenient access to dining, shopping, commuter routes, and the lifestyle amenities that continue to make this area one of Asheville’s most desirable rental and owner-occupant markets. Whether used as a long-term investment, a house-hack opportunity, a multigenerational setup, or a strategic addition to a real estate portfolio, 575 Sand Hill Road delivers location, usability, maintenance history, and future upside in one smart package.

575 Sand Hill Road, Asheville

Listing courtesy of RE/MAX Executive. brokeralexandra@gmail.com

27,29 & 31 A/B Brown  Road, Asheville
$1,529,000
6 Beds ⋅ 4406408 MLS ⋅ ACTIVE Status
Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment. Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential. Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.

27,29 & 31 A/B Brown Road, Asheville

Listing courtesy of EXP Realty LLC. tyler@savvy.realty

214 Short Michigan  Avenue, Asheville
$975,000
8 Beds ⋅ 4405564 MLS ⋅ ACTIVE Status
Asheville Investment Portfolio Opportunity – Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets. Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential. properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.

214 Short Michigan Avenue, Asheville

Listing courtesy of Ivester Jackson Blackstream. shane@ijbproperties.com

127 Riverview  Drive Unit #8 & 8B, Asheville
$584,900
3 Beds ⋅ 4398328 MLS ⋅ ACTIVE Status
(Seller financing is available. Contact listing agent for details.) Nestled into an ideal and coveted West Asheville neighborhood overlooking the River Arts District, and just a few walkable blocks from shops, restaurants and entertainment, are two rare and artistic townhome units being sold as one, with only one very affordable association fee. Truly a two for one scenario allowing for a multitude of uses. Perfect for multigenerational, Live in one and rent the other or live upstairs and have your dream studio downstairs! This is literally every musician’s and artist’s dream, but it could also be the perfect scenario for a home office separated from the main living space. Perfect balance! Both spaces are lovingly assembled with unique woodwork and tile decor, stainless steel appliances and efficient floor plans. The upstairs 2 bedroom 1.5 bath unit features beautiful water and sky decor, vaulted ceilings, an earthy stone fireplace, a spacious and open kitchen and great room with silestone countertops, high end cabinetry and appliances and a balcony overlooking the backyard. The downstairs 1 bed 1 bath unit features an efficiency plan with a combined space for the kitchen, living and dining areas, and contrasts the upstairs with an earthy tone. Love, love, love is what you see in the custom maple countertops and cabinets and unique light fixtures. Both units have been meticulously maintained and await your vision and appreciation! ~~ In the seller's own words ~~ "Riverview Drive is aloft the grand ole French Broad River, taking flight above the Wedge and the biking trails of the Fat Tire producers of hearty ales flowing into this ideal and desired West Asheville neighborhood. With the River Arts District buzzing down below there is space to explore Archetypes of the finest WAVL has to offer in culinary delights - a Hole in one with donuts and Taco Billy’s Mama’s favorite or a Hop on over to the Owl for croissants with a skip and a trail walk. Culinary explorations lead the way to walkable blocks to shops, restaurants and entertainment. Creative endeavors to move in with a built in community of kindness. Sanctuary. Unique. Custom. Hand made maple countertops below and Silestone counters above. All of the forest represented in the floors. A mosaic of maple, tile, glass, stainless steel appliances and flowing efficient floor plans sings the praises of the creator within. One of two upstairs bedrooms has a west facing balcony and the east bedroom comes with 1.5 bath. Features beautiful water and sky decor, vaulted ceilings with wood accents and floors, an earthy stone fireplace, a spacious and open great room and kitchen with high end maple cabinetry and appliances and a balcony overlooking the backyard. The downstairs 1 bed 1 bath unit features an open floor plan with a combined space for the kitchen, living and dining/office areas, and contrasts the upstairs with an earthy tone, like soft green moss under our toes. Come see the Cosmic whale mural under the treetops above the FBR. Meticulously maintained number eight makes it great with new HVAC efficient system installed this spring. " (Request Brochure to read the remainder of seller's poetic telling of this home). Schedule your showing today and claim this heartfelt home as your own!

127 Riverview Drive Unit #8 & 8B, Asheville

Listing courtesy of Keller Williams Professionals. jakemossman@gmail.com

6 Dailey  Drive, Asheville
$1,680,000
8 Beds ⋅ 4385279 MLS ⋅ ACTIVE Status
Live at the center of one of Asheville's most vibrant neighborhoods, where breweries, restaurants, live music, and everyday conveniences are all within reach. Located just moments from downtown Asheville, McCormick Field, and the celebrated South Slope district, 6 Dailey Drive offers a lifestyle that places you in the middle of everything that makes Asheville unique, while its versatile design creates rare opportunities for both short-term and long-term rental income in one of the city's most desirable locations. Whether it's catching an Asheville Tourists game, meeting friends at a local brewery, enjoying dinner from one of Asheville's acclaimed restaurants, or spending an evening at The Orange Peel, much of the city's culture and energy is accessible without ever needing to venture far from home. Built with an emphasis on both design and functionality, this newly constructed residence immediately impresses upon entry. A dramatic foyer with ceilings soaring over 20 feet, expansive Andersen windows, engineered wood flooring, and a floor-to-ceiling statement fireplace create a striking first impression filled with natural light. The main level is designed for gathering and everyday living alike. The chef's kitchen features premium appliances, custom cabinetry, and thoughtfully selected finishes, while oversized Andersen 400 Series sliding doors open seamlessly to the rear deck, creating a natural connection between indoor and outdoor living. The open-concept layout flows effortlessly through the living and dining spaces and is complemented by a full bath and dedicated office, providing flexibility for remote work, creative pursuits, or additional living space. Upstairs, six bedrooms and five-and-a-half bathrooms provide exceptional accommodations rarely found this close to downtown Asheville. The second and third levels were thoughtfully designed to offer flexibility for a variety of living arrangements. A dedicated section of the home can function as private secondary living quarters, complete with its own kitchen, living space, two bedrooms, two full bathrooms, rooftop terrace access, and a private exterior entrance. The space also remains connected to the main residence, allowing it to function seamlessly as part of the home when desired. This unique configuration creates outstanding potential for multigenerational living, extended guests, executive housing, or short-term rental opportunities while maintaining privacy and flexibility. The upper level is filled with natural light and offers additional flexible living space ideal for a media room, lounge, fitness area, studio, or home office. From here, indoor living extends onto two separate rooftop terraces, both strategically positioned to capture views of downtown Asheville and the surrounding Blue Ridge Mountains. Each terrace has been reinforced and prepared for future hot tub installation, creating the opportunity for private outdoor retreats above the city. Adding even more versatility is a fully independent lower-level apartment featuring two bedrooms, two bathrooms, a full kitchen, a private entrance, and separately metered utilities. Whether used for long-term rental income, extended guests, private quarters, or supplemental living space, the apartment creates flexibility that is increasingly difficult to find within Asheville's urban core. With its combination of location, architectural design, panoramic mountain and city views, multiple living configurations, and exceptional flexibility, 6 Dailey Drive represents a rare opportunity to experience Asheville in a way few properties can offer.

6 Dailey Drive, Asheville

Listing courtesy of Keller Williams Mtn Partners, LLC. scottelliott@kw.com

26 Elkmont  Drive, Asheville
$550,000
4 Beds ⋅ 4386925 MLS ⋅ ACTIVE Status
Imagine returning home in sought-after North Asheville. A private residence that offers both flexibility and a lifestyle that feels unmistakably Asheville. The property sits just a short walk from Beaver Lake, where locals begin their mornings on shaded trails or linger at the bird sanctuary on quiet afternoons. Mid-century Asheville living with simple lines, a low roofline and a friendly facade feel warm as you approach the home's front door. Anchored by a wide picture window, shaded entry and covered parking that tie the home's practical easy living character together. Soft blue with crisp white accents, this home is a marriage of vintage design and fresh quality. This versatile property gives you options. Live on the main level and rent the lower unit for steady income, rent out both levels as a duplex or plan for the future by converting it back into a single-family home. Each level has its own entry and serene sense of privacy, making it well suited for multigenerational living or long-term tenants. An additional lot next door is also available. Keep it with the home for added space and privacy, subdivide and build, or purchase the home alone. The layout and setting make each choice feel natural in support of your goals. With mature trees, a large, lush, usable yard as home base, and close proximity to shopping, dining, and downtown Asheville, you're going to appreciate the mix of calm and convenience that defines what generations have loved about North Asheville living. This property is being offered with additional lot (PIN 973086152900000) at a price of $660,000 or without the additional lot at $550,000.

26 Elkmont Drive, Asheville

Listing courtesy of NextHome Partners. ZachPenlandRealtor@gmail.com

107 Courtland  Avenue, Asheville
$995,000
4 Beds ⋅ 4379070 MLS ⋅ ACTIVE Status
Experience the perfect blend of historic soul and modern sustainability. Located in Montford near Downtown Asheville, this income-producing 1927 triplex offers the charm of the neighborhood without historic district restrictions. This versatile property is move-in ready for its next chapter, whether as a high-performing investment, a multi-generational compound, or an owner-occupied "house hack." Main level, designed to live like a true single-family home. Features 2 bedrooms, a versatile flex room, and 2 full bathrooms. Significant 2024 updates include a fully renovated kitchen, refinished original wood floors, fresh interior paint, and newer HVAC system. Two additional units; both lower units offer private entrances, dedicated balconies, and in-unit laundry hookups. Both units renovated in 2015 with updated kitchens with stainless steel appliances. Middle unit is a spacious, character-filled 1-bedroom with a walk-in closet and HVAC replaced in 2017. Lower unit is an efficient studio with a newer mini-split installed in 2024. Property is efficient with an integrated solar panel system providing significant energy savings and equipped with a tesla ev level 2 home charging connector. The entire exterior was professionally painted in 2026, offering fresh curb appeal. The 0.16-acre lot is a private sanctuary featuring a landscaped backyard with natural stone accents, a built-in fire pit, and a wooded perimeter. Each unit enjoys its own outdoor space, and the property offers two dedicated off-street parking spaces plus additional street parking. This property offers a rare combination of historic character and modern efficiency. Nestled near Montford this gem offers a unique blend and Victorian history and scenic landmarks. Explore this accessible neighborhood, scenic landmarks and is conveniently located near downtown Asheville's vibrant culinary, music and art scene. Don’t miss this unique opportunity—schedule your showing today! Please refer to agent remarks for showing time instructions or contact listing agent for details. Please do not disturb the tenants.

107 Courtland Avenue, Asheville

Listing courtesy of Patton Allen Real Estate LLC. krystalhollisrealtor@gmail.com

297 Hillside  Street, Asheville
$950,000
3 Beds ⋅ 4326761 MLS ⋅ ACTIVE Status
Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), 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 the rare and coveted Neighborhood Business. 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 been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. 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 possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!

297 Hillside Street, Asheville

Listing courtesy of DRG Homes & Land. buck@dwellavl.com

17 Hat Creek  Drive, Asheville
$1,050,000
4317652 MLS ⋅ ACTIVE Status
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors. Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand. This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.

17 Hat Creek Drive, Asheville

Listing courtesy of Edwards Realty LLC. pursuitofrealty@gmail.com

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“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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