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Great investment opportunity in a prime West Asheville location, just steps from Sunny Point Café and the vibrant Haywood Road corridor. This unique property offers three rental units across two standalone homes on a spacious 0.29-acre lot, with a strong rental history and excellent flexibility for investors or owner-occupants. 17 Hubbard is a duplex featuring a 979-square-foot, 2-bedroom, 1-bath upper unit and a 420-square-foot, 1-bedroom, 1-bath lower unit. 19 Hubbard is a charming 412-square-foot, 1-bedroom, 1-bath detached cottage. Each unit offers its own private porch, along with access to a large, sunny shared yard. Numerous improvements have been completed in recent years, including water heaters, mini-split systems, roofs, and gutters. See attached improvements list for additional details. Whether you choose to live in one unit and rent the others or lease all three, this versatile property offers multiple opportunities in one of Asheville’s most sought-after neighborhoods. Schedule your showing today!

4 Beds ⋅ 4369564 MLS ⋅ ACTIVE Status

Great investment opportunity in a prime West Asheville location, just steps from Sunny Point Café and the vibrant Haywood Road corridor. This unique property offers three rental units across two standalone homes on a spacious 0.29-acre lot, with a strong rental history and excellent flexibility for investors or owner-occupants. 17 Hubbard is a duplex featuring a 979-square-foot, 2-bedroom, 1-bath upper unit and a 420-square-foot, 1-bedroom, 1-bath lower unit. 19 Hubbard is a charming 412-square-foot, 1-bedroom, 1-bath detached cottage. Each unit offers its own private porch, along with access to a large, sunny shared yard. Numerous improvements have been completed in recent years, including water heaters, mini-split systems, roofs, and gutters. See attached improvements list for additional details. Whether you choose to live in one unit and rent the others or lease all three, this versatile property offers multiple opportunities in one of Asheville’s most sought-after neighborhoods. Schedule your showing today!

17 & 19 Hubbard Avenue, Asheville

Listing courtesy of Mosaic Community Lifestyle Realty. chris@mymosaicrealty.com

$345,000

Historic, well-located duplex on Maple Crescent, one of West Asheville’s most sought-after streets, just 1.5 blocks from Haywood Road. The lower unit offers one bedroom and one bath and has been thoughtfully updated with new carpet, vinyl flooring, fresh paint, and a refreshed bathroom. The upper unit is slightly larger, with a bedroom, dining area, a roomy kitchen, and a generous living room. Parks, restaurants, coffee shops, bus stops and the library are all close by, making this a strong option for investors, owner-occupants looking to offset their mortgage, or anyone wanting a foothold in the heart of West Asheville. Seller is having some work done to upper unit, so showings will begin Nov. 3.

2 Beds ⋅ 4429344 MLS ⋅ COMING SOON Status

Historic, well-located duplex on Maple Crescent, one of West Asheville’s most sought-after streets, just 1.5 blocks from Haywood Road. The lower unit offers one bedroom and one bath and has been thoughtfully updated with new carpet, vinyl flooring, fresh paint, and a refreshed bathroom. The upper unit is slightly larger, with a bedroom, dining area, a roomy kitchen, and a generous living room. Parks, restaurants, coffee shops, bus stops and the library are all close by, making this a strong option for investors, owner-occupants looking to offset their mortgage, or anyone wanting a foothold in the heart of West Asheville. Seller is having some work done to upper unit, so showings will begin Nov. 3.

8 Maple Crescent Street, Asheville

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

$1,650,000

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.

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

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.

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

$2,330,000

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).

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

$425,000

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.

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

$675,000

Tucked into the mountainside overlooking downtown Asheville, this attractive four-unit multifamily property offers a rare combination of income potential, views, and proximity to downtown. Located less than a mile from Pack Square, the property is currently fully occupied with long-term tenants and generates $3,800 in monthly rental income. 3 units are in good / move-in-ready condition, 1 may need a refresh (upper right). Each unit opens onto rear decking through sliding glass doors, bringing in abundant natural light and offering outdoor space with mountain and downtown views. The upper level provides off-street parking for 6+ vehicles. Current rents are $825, $825, $850, and $1,300 per month. Owner pays city water, sewer, and trash plus 1 unit's electricity. A rare opportunity to own a small multifamily property within easy reach of downtown Asheville, with established rental income and room for continued improvement.

4 Beds ⋅ 4427490 MLS ⋅ ACTIVE Status

Tucked into the mountainside overlooking downtown Asheville, this attractive four-unit multifamily property offers a rare combination of income potential, views, and proximity to downtown. Located less than a mile from Pack Square, the property is currently fully occupied with long-term tenants and generates $3,800 in monthly rental income. 3 units are in good / move-in-ready condition, 1 may need a refresh (upper right). Each unit opens onto rear decking through sliding glass doors, bringing in abundant natural light and offering outdoor space with mountain and downtown views. The upper level provides off-street parking for 6+ vehicles. Current rents are $825, $825, $850, and $1,300 per month. Owner pays city water, sewer, and trash plus 1 unit's electricity. A rare opportunity to own a small multifamily property within easy reach of downtown Asheville, with established rental income and room for continued improvement.

332 S Beaumont Street, Asheville

Listing courtesy of Pinnacle Lifestyle Realty LLC. matt@ncpinnacle.com

$1,095,000

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

4427544 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

295 E Chestnut Street, Asheville

Listing courtesy of G/M Property Group. jmenk@gmproperty.com

$798,000

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!

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

$850,000

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.

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

$500,000

Excellent investment opportunity in a prime Asheville location! 65 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income. Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval. The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates. With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 65 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

3 Beds ⋅ 4423788 MLS ⋅ ACTIVE Status

Excellent investment opportunity in a prime Asheville location! 65 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income. Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval. The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates. With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 65 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

65 King Street, Asheville

Listing courtesy of Nest Realty Asheville. andrew@andrewlanterigroup.com

$799,000

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.**

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

$469,900

Turnkey investment opportunity in a prime, highly walkable East Asheville neighborhood! Built and meticulously maintained one owner property on a low maintenance lot. This solid brick, purpose-built duplex features two identical units. Extensive updates include new and newer luxury vinyl flooring, fresh interior and exterior paint, new gutters, new water heaters, new LED lighting, new rear decks and stairways, and new paved driveways. Unit A boasts a completely renovated kitchen with all-new appliances. The full unfinished basement provides excellent tenant storage, workshop potential, or future expansion space. Unbeatable location—walk to local spots like East Village Grill, Filo Coffeeshop and bakery, Moma’s and Beer, Ingles, the post office, and public transit. Or walk to work at the VA Hospital. Outdoor enthusiasts will love the instant access to the Blue Ridge Parkway and Mountains-to-Sea Trail, AND Downtown Asheville is just minutes away.

4 Beds ⋅ 4420254 MLS ⋅ ACTIVE Status

Turnkey investment opportunity in a prime, highly walkable East Asheville neighborhood! Built and meticulously maintained one owner property on a low maintenance lot. This solid brick, purpose-built duplex features two identical units. Extensive updates include new and newer luxury vinyl flooring, fresh interior and exterior paint, new gutters, new water heaters, new LED lighting, new rear decks and stairways, and new paved driveways. Unit A boasts a completely renovated kitchen with all-new appliances. The full unfinished basement provides excellent tenant storage, workshop potential, or future expansion space. Unbeatable location—walk to local spots like East Village Grill, Filo Coffeeshop and bakery, Moma’s and Beer, Ingles, the post office, and public transit. Or walk to work at the VA Hospital. Outdoor enthusiasts will love the instant access to the Blue Ridge Parkway and Mountains-to-Sea Trail, AND Downtown Asheville is just minutes away.

14 Oteen Church Road, Asheville

Listing courtesy of RE/MAX Executive. Dalesells@REMAX.net

$615,000

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

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

$750,000

Originally constructed in the 1920s this 5-unit building captures the character and charm of that era with rich hardwood floors, built-in linen nooks and storage space that make small-footprint living feel effortless. Ideally located for easy access to downtown Asheville. The tree-canopied streets offer the perfect place for an evening stroll. Four classic one-bedroom units and a generous two-bedroom offer versatile floor plans. Each unit also has a 3x8 designated storage bin. On-site laundry and designated off-street parking—eliminate standard urban friction, keeping occupancy high and turnover low. The roof was installed in 2021.

6 Beds ⋅ 4418840 MLS ⋅ ACTIVE Status

Originally constructed in the 1920s this 5-unit building captures the character and charm of that era with rich hardwood floors, built-in linen nooks and storage space that make small-footprint living feel effortless. Ideally located for easy access to downtown Asheville. The tree-canopied streets offer the perfect place for an evening stroll. Four classic one-bedroom units and a generous two-bedroom offer versatile floor plans. Each unit also has a 3x8 designated storage bin. On-site laundry and designated off-street parking—eliminate standard urban friction, keeping occupancy high and turnover low. The roof was installed in 2021.

130 Edwin Place, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-North. 828-778-3220

$435,000

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.

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

$540,000

Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner. The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities. This is an older Asheville property with character and a proven rental history—not new construction—and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.

4 Beds ⋅ 4416437 MLS ⋅ ACTIVE Status

Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner. The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities. This is an older Asheville property with character and a proven rental history—not new construction—and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.

37 Water Street, Asheville

Listing courtesy of Keller Williams Professionals. peterlorenz@kw.com

$1,700,000

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Low maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. Opportunity in a proven Asheville location with enduring rental appeal. Rental history available upon request.

10 Beds ⋅ 4416820 MLS ⋅ ACTIVE Status

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Low maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. Opportunity in a proven Asheville location with enduring rental appeal. Rental history available upon request.

615 Biltmore Avenue, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. emily.butcher@allentate.com

$1,100,000

Welcome to Historic Sanders Court, this unique property was once a roadside motel established by Harland Sanders (aka Colonel Sanders) in 1940. One of only two Sanders Motels; built when Weaverville Road was a main tourist road to Asheville. This charming 8-unit building currently operates as monthly furnished apartments and includes two 2-bedroom units and six 1-bedroom units. The apartments offer open floor plans, private decks, tiled baths, modern kitchens, hardwood floors, and tasteful furnishings. On-site coin operated laundry for convenience. The just under an acre parcel offers mature landscaping, designated tenant parking, and room for creativity. Easy access to Hwy 25 and I-26: only 6 miles to Downtown Asheville, under 3 miles to Downtown Weaverville, and minutes to near-by restaurants, breweries, and groceries . Imagine the possibilities with this historic 8-unit building in the Town of Woodfin zoned community shopping- permitted uses include lodging and group homes! All furnishings and appliances will convey with the sale. Contact the listing agents for additional information.

10 Beds ⋅ 4386938 MLS ⋅ ACTIVE Status

Welcome to Historic Sanders Court, this unique property was once a roadside motel established by Harland Sanders (aka Colonel Sanders) in 1940. One of only two Sanders Motels; built when Weaverville Road was a main tourist road to Asheville. This charming 8-unit building currently operates as monthly furnished apartments and includes two 2-bedroom units and six 1-bedroom units. The apartments offer open floor plans, private decks, tiled baths, modern kitchens, hardwood floors, and tasteful furnishings. On-site coin operated laundry for convenience. The just under an acre parcel offers mature landscaping, designated tenant parking, and room for creativity. Easy access to Hwy 25 and I-26: only 6 miles to Downtown Asheville, under 3 miles to Downtown Weaverville, and minutes to near-by restaurants, breweries, and groceries . Imagine the possibilities with this historic 8-unit building in the Town of Woodfin zoned community shopping- permitted uses include lodging and group homes! All furnishings and appliances will convey with the sale. Contact the listing agents for additional information.

375 Weaverville Road, Asheville

Listing courtesy of Moving Mountains Property Group LLC. lisahaganrealty@gmail.com

$899,000

Come return this Grand Dame to its majesty, or turn it into a fabulous investment in one of Asheville's most popular in-town neighborhoods! Elegant, large living spaces with high ceilings on main level, as well as a massive side covered porch. Wood floors throughout most of home. 3 separate units (see floor plan for details), or could be converted back to stately single family, or possibly large 3-story with an in-law suite below (764 sf). Wonderful, walking neighborhood in Montford-- , or new owners may choose to bring this vintage beauty back to its bygone majesty. 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. Large lot. Plenty of off street parking. New roof in 2025. Priced well below current tax value!

7 Beds ⋅ 4408400 MLS ⋅ ACTIVE Status

Come return this Grand Dame to its majesty, or turn it into a fabulous investment in one of Asheville's most popular in-town neighborhoods! Elegant, large living spaces with high ceilings on main level, as well as a massive side covered porch. Wood floors throughout most of home. 3 separate units (see floor plan for details), or could be converted back to stately single family, or possibly large 3-story with an in-law suite below (764 sf). Wonderful, walking neighborhood in Montford-- , or new owners may choose to bring this vintage beauty back to its bygone majesty. 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. Large lot. Plenty of off street parking. New roof in 2025. Priced well below current tax value!

174 Pearson Drive, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. marie.morris@allentate.com

$1,529,000

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.

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

$975,000

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.

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

$675,000

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

6 Beds ⋅ 4405557 MLS ⋅ ACTIVE Status

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

144 Hanover Street, Asheville

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

127 Riverview Drive Unit #8 & 8B, Asheville

$584,900

(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!

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

$1,150,000

Three sweet cottages on 1.6 acre lot in a tucked away beautiful creek valley--no through traffic, so its a favorite area for walkers, bicyclists and runners (Along with the deer, bear, turkey, etc.!) The larger cottage is a 2 bedroom, 1 bath home with cathedral ceilings, gas fireplace, large covered front porch, side entry porch, granite counters and hardwood floors (carpet in the bedrooms); this 2 bedroom home has a gas range, refrigerator and dishwasher. The additional 2 cottages are mirror copies of each other--1 bedroom, 1 bath, loft, soaring ceilings, covered front and back porches, granite countertops, hardwood floors on main (loft is carpeted), covered carport and LARGE unfinished storage area on the loft level; both 1 Bdrm units include these appliances: refrigerator, electric range, dishwasher and stacking washer/dryer. The 3 home exteriors were freshly painted in 2024; new HVAC units in all 3 (please see Res'l. Discl. for dates for each unit). Leases are month-to-month. All units have been consistently rented with long term tenants since their completion in 2009. BONUS: 768 sq/ft Garage/workshop have easy access from Bull Creek Rd. Many possibilities here...could be vacation rentals, or live in one and rent the other two, or continue with the wonderful income stream of the 3 rental homes. Units rent for $2000/month.

4 Beds ⋅ 4397044 MLS ⋅ ACTIVE Status

Three sweet cottages on 1.6 acre lot in a tucked away beautiful creek valley--no through traffic, so its a favorite area for walkers, bicyclists and runners (Along with the deer, bear, turkey, etc.!) The larger cottage is a 2 bedroom, 1 bath home with cathedral ceilings, gas fireplace, large covered front porch, side entry porch, granite counters and hardwood floors (carpet in the bedrooms); this 2 bedroom home has a gas range, refrigerator and dishwasher. The additional 2 cottages are mirror copies of each other--1 bedroom, 1 bath, loft, soaring ceilings, covered front and back porches, granite countertops, hardwood floors on main (loft is carpeted), covered carport and LARGE unfinished storage area on the loft level; both 1 Bdrm units include these appliances: refrigerator, electric range, dishwasher and stacking washer/dryer. The 3 home exteriors were freshly painted in 2024; new HVAC units in all 3 (please see Res'l. Discl. for dates for each unit). Leases are month-to-month. All units have been consistently rented with long term tenants since their completion in 2009. BONUS: 768 sq/ft Garage/workshop have easy access from Bull Creek Rd. Many possibilities here...could be vacation rentals, or live in one and rent the other two, or continue with the wonderful income stream of the 3 rental homes. Units rent for $2000/month.

260 Bull Creek Road, Asheville

Listing courtesy of HomeZu. info@clickitrealty.com

$425,000

Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

2 Beds ⋅ 4392051 MLS ⋅ ACTIVE Status

Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

15 and 16 Cottage Drive, Asheville

Listing courtesy of Mosaic Community Lifestyle Realty. carol@mymosaicrealty.com

$1,680,000

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.

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

$369,000

Rare West Asheville investment opportunity — two homes on one 1.04-acre parcel, with a preliminary survey already completed to divide it into two ~half-acre lots. The main bungalow (2BR/1BA, hardwood floors, mini-split HVAC, sunroom, attached 2-car garage) sits beside a spacious 3BR/2BA manufactured home with its own entrance and kitchen — ideal for multigenerational living, dual rental income, or house-hacking while you finalize the split. Corner lot offers two road frontages, simplifying independent access for each future parcel. Zoned R-3, which already permits manufactured housing on individual lots — no zoning hurdle to clear. Minutes to Haywood Road and downtown Asheville. Sold as one parcel; the subdivision groundwork is already done.

5 Beds ⋅ 4385782 MLS ⋅ ACTIVE Status

Rare West Asheville investment opportunity — two homes on one 1.04-acre parcel, with a preliminary survey already completed to divide it into two ~half-acre lots. The main bungalow (2BR/1BA, hardwood floors, mini-split HVAC, sunroom, attached 2-car garage) sits beside a spacious 3BR/2BA manufactured home with its own entrance and kitchen — ideal for multigenerational living, dual rental income, or house-hacking while you finalize the split. Corner lot offers two road frontages, simplifying independent access for each future parcel. Zoned R-3, which already permits manufactured housing on individual lots — no zoning hurdle to clear. Minutes to Haywood Road and downtown Asheville. Sold as one parcel; the subdivision groundwork is already done.

4 and 6 Mountain View Road, Asheville

Listing courtesy of Keller Williams Professionals. jason@newearthavlrealty.com

$550,000

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.

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

$995,000

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.

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

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