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71 and 73 Panorama Drive, Asheville
$649,000
4 Beds ⋅ 4378085 MLS ⋅ ACTIVE Status
Rent price reduction! Buy as an investment property to rent out entirely or live on one side and rent out other to subsidize your mortgage payment. Located just 15 minutes from downtown Asheville, this well-maintained 2019 duplex offers a rare turnkey investment opportunity in one of Western North Carolina’s most desirable markets. Situated at 71/73 Panorama Drive, this property provides convenient access to dining, shopping, and outdoor recreation while maintaining a quiet, residential feel. Each side features a spacious 2-bedroom, 2.5-bath layout, thoughtfully designed for comfort and functionality. The units come fully furnished, making this an ideal option for investors seeking immediate rental income without additional setup. Both sides are currently tenant-occupied with leases in place at market rates, providing stable, consistent cash flow from day one. Built in 2019, the property is in excellent condition with modern finishes and low maintenance/ Cap Ex requirements—an attractive advantage for investors looking to minimize ongoing expenses. Whether you're expanding your portfolio or entering the Asheville market, this duplex delivers strong income potential in a prime location. Don’t miss this opportunity to own a newer, income-producing property just minutes from downtown Asheville and the surrounding areas.

71 and 73 Panorama Drive, Asheville

Listing courtesy of EXP Realty LLC. michael.szabo@exprealty.com
128 Rock Hill Road, Asheville
$649,000
5 Beds ⋅ 4376363 MLS ⋅ ACTIVE Status
Turnkey duplex offering strong rental appeal in one of Asheville’s most desirable and convenient areas. This well-maintained property features a 3-bedroom (2,5 bath) and 2-bedroom (1,5 bath) separate units, providing flexibility for mid/long-term rentals or multi-generational living. Built just two years ago, this like-new property showcases high-end finishes throughout, including granite countertops, modern fixtures, and quality craftsmanship—delivering both durability and long-term value. Energy-efficient insulation ensures lower operating costs and increased tenant comfort. 2 separate mail boxes, gas and electrical meters. The low-maintenance exterior and established lot provide ease of ownership while maintaining a sense of privacy from the road. Ideally located just minutes from Biltmore Estate, Mission Hospital, shopping, dining, and quick access to I-240 and I-40. Downtown Asheville is 10 min drive, while the nearby Blue Ridge Parkway enhances tenant appeal with year-round outdoor recreation. An excellent opportunity for investors seeking a modern, low-maintenance, income-producing property in a high-demand rental market.

128 Rock Hill Road, Asheville

Listing courtesy of Edwards Realty LLC. ekaterinahagen@gmail.com
297 Hillside Street, Asheville
$950,000
3 Beds ⋅ 4326761 MLS ⋅ ACTIVE Status
Is this the most interesting property available in Asheville? Even without the eclectic furnishings (some of which are available), the unique and versatile layout lends itself to a variety of uses: single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a mix. Zoning is the rare and coveted Neighborhood Business. So many extraordinary touches and endless customizations make it special, showing the high quality and thoughtful design. The studio apartment is being left fully furnished/turnkey and has been a reliable rental at $1800+ per month. Second floor living area has been rented for $2600+ per month. The first floor live/work space is also being prepared for rental which will bring in additional revenue. Amazing location in a friendly neighborhood in between Charlotte St and Merrimon Ave and just a mile to downtown. 3 bedrooms, 4 bathrooms, 3 kitchens, plus a bonus loft at the top! City confirmed that homestay short term rental STR possibility with two of the units with minor modifications if you live in the third. Sellers explored connecting the first and second floors to make it a more traditional two-story home but preferred the current layout so that hasn't been done but is possible according to the sellers and the City. It is well built and well-maintained. Provide proof of funds or preapproval letter with showing request. Check out the 3-D walk-through to get a sense of the layout and efficient design. Sellers are willing to consider owner financing - make an offer!

297 Hillside Street, Asheville

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

17 Hat Creek Drive, Asheville

Listing courtesy of Edwards Realty LLC. pursuitofrealty@gmail.com
13 Castle Street, Asheville
$649,900
4278006 MLS ⋅ ACTIVE Status
Welcome to 13 Castle Street—an outstanding opportunity for savvy investors! The main unit encompasses the entire main and upper levels, featuring three bedrooms, two full bathrooms, one half bathroom, a living room, dining area, kitchen, pantry, and laundry in the attached one-car garage. As a bonus, the finished basement serves as a fantastic second living quarter, complete with its own living area, kitchen, laundry, bedroom, and full bathroom. Enjoy the fenced back yard, fire pit, and open back deck all year long. The home also has a security system and a radon mitigation system. This gem is just two miles from downtown and less than a mile from the breathtaking Biltmore Estate. You'll find yourself mere moments away from a vibrant array of breweries, exquisite restaurants, picturesque parks, and delightful shopping experiences. This investment property not only offers comfort but also versatility—don’t miss your chance to invest in this beautiful Asheville haven! Schedule your showing today!

13 Castle Street, Asheville

Listing courtesy of Looking Glass Realty. danny@lookingglassrealty.com
181 Merrimon Avenue, Asheville
$899,000
4197890 MLS ⋅ ACTIVE Status
INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

181 Merrimon Avenue, Asheville

Listing courtesy of Appalachian Realty Associates. gray@appalachianrealty.com
108 Lakewood Drive, Asheville
$1,900,000
4 Beds ⋅ 4183083 MLS ⋅ ACTIVE Status
Across from the Leah Chiles Park in Kenilworth, an unassuming entrance lined with Skip Laurels, opens up to a forested urban estate, a private forest of rare conifers from around the world, with a classic 1926 Tudor home and additional cottages designed in the same style and spa for guests. Cottage Corner, four dwellings in two abodes, mirror each other sharing a modern spa with organic cedar plank sauna and mandala brick courtyard, welcoming you to evening soirees, morning yoga and meditation. 1.38 acres of forested estate invite you to bathe in nature, rest & escape. Trails meander beneath towering evergreens with sunbeams that dance on the shaded forest floor. The main house maintains its historical charm with classic details. Large windows frame views like paintings of the magical outdoors from waking in bed or sitting in a comfy nook with a book. Find peace & tranquility for you and your guests in this hidden retreat in the middle of the city at 108 Lakewood. Also listed 4157016.

108 Lakewood Drive, Asheville

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

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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