Asheville NC Multi-Family Homes

Whether it's a duplex, triplex, or apartment building, income-producing properties in Asheville, NC can provide a steady source of monthly income for the owner while building equity. These types of properties are different from vacation rentals, as they usually involve a minimum of 6-month lease terms, and the tenants typically pay all utilities. For a good idea of rent rates in Asheville, browse through our managed long-term rentals. You might also be interested in Black Mountain commercial real estate or Swannanoa commercial properties. 

Tour Multi-Family Homes for Sale

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14 Quigley, Asheville, NC 28806

Price$599,000

Est. Mortgage: $/month

MLS Number 3262566

  • MultiFamily Multi-Family
  • Zoning Residential
  • Modification Date 03/23/2017
  • Year Built 1998

Very quiet Park. Convenient West Asheville location. Has City water and City sewer. With modest upgrades, this park could be an upper-middle-class magnet.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

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$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Leisure Mountain, Asheville, NC 28804

Price$1,200,000

Est. Mortgage: $/month

MLS Number 3255570

  • MultiFamily Multi-Family
  • Square Feet 2667
  • Lot Description Level, Waterfront
  • Modification Date 03/22/2017
  • Year Built 1968

Luxurious one-level-living water front home, two gas-log fireplaces, relaxing covered porch and open porch, nestled next to restful pond, super convenient location near shopping, restaurants and minutes to Asheville, includes two bungalows (16 and 18 Leisure Mountain Rd), and three building lots. See attached sheet for Pin numbers.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Mint, Asheville, NC 28806

Price$399,000

Est. Mortgage: $/month

MLS Number 3261427

  • MultiFamily Multi-Family
  • Modification Date 03/17/2017
  • Year Built 1978

Four Income Producing Units: 2 Single Family Homes, 2 Mfg Homes. Excellent location close to the Reserve of Asheville just off New Leicester Hwy. Good annual net operating income (APPROX $35, 000, APPROX Cap Rate 9%; NOI Income & Expense Information can be provided upon request.) DO NOT DISTURB THE TENANTS OR WALK THE PROPERTY. OWNER WANTS TO BE PRESENT FOR ALL SHOWINGS.

Listing Courtesy of Pulliam Properties, Inc, 828-684-4344

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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77 Magnolia, Asheville, NC 28801

Price$399,900

Est. Mortgage: $/month

Pending

MLS Number 3226124

  • MultiFamily Multi-Family
  • Sale Agent Shae Morales
  • Subdivision Montford
  • Square Feet 1843
  • Modification Date 03/20/2017

2 Story Montford Duplex (additional 786sf with 2 bedrooms and 1 bath in the basement is not counted in total SF: non-contiguous). Main floor is 1/1 with large living room (rent is $895/month), and 2nd floor is a 2/1 (rent is $950/month). Owner pays utilities (call me for details). Hardwood floors in both units. Natural gas wall heaters in all units. Covered front porch, covered lower patio, tall ceilings, additional finished space in basement (call for details).

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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55 Conestee, Asheville, NC 28801

Price$375,000

Est. Mortgage: $/month

MLS Number 3260125

  • MultiFamily Multi-Family
  • Square Feet 2010
  • Lot Description Sloping
  • Modification Date 03/14/2017
  • Year Built 1925

Classic 2-story duplex just north of Downtown and less than a 5-minute walk to Trader Joes and UNCA! Two 3BR/1BA apartments with wood floors, grand sitting porches, off-street parking, and excellent rental histories. Great investment property, OR live in one and use other for long-term rental.

Listing Courtesy of Beverly Hanks & Assoc. Hendersonville, 828-697-0515

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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120, 122, 122.5 & 124 Johnston, Asheville, NC 28806

MLS Number 3259551

  • MultiFamily Multi-Family
  • Square Feet 3018
  • Modification Date 03/15/2017
  • Year Built 1948

Killer Investment opportunity, 4 Single Family Homes next to Walkable West Asheville with rents totaling $2, 950/month! Location offers wonderful convenience and secluded feeling setting. 120 has beautiful knotty pine paneling throughout. Walking distance to Farmer Baseball Fields. Occupied by Long term tenants with an average tenancy of 2.5yrs. Rental history available.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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160 State, Asheville, NC 28806

Price$399,000

Est. Mortgage: $/month

Pending

MLS Number 3259171

  • MultiFamily Multi-Family
  • Sale Agent Brian Etheridge
  • Square Feet 1482
  • Zoning Duplex
  • Modification Date 03/19/2017

Duplex with Vaulted ceilings in both units w/enormous Living Rooms flooding the rooms w/ natural light. Great breakfast bars from kitchens making the spaces feel all that more open! Large Master Bedrooms ~ Bathrooms have tiled floors, spacious and clean. Enjoy the charming Patio perfect for Cookouts, Gatherings and the like surrounded by a huge rock wall. Duplex on .68 Acres zoned RM16; additional structures could be erected for added income. All furnishings are for sale.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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15 Chapel, Asheville, NC 28803

Price$169,900

Est. Mortgage: $/month

Pending

MLS Number 3259514

  • MultiFamily Multi-Family
  • Sale Agent Alejo Rottenberg
  • Square Feet 1530
  • Lot Description Level
  • Zoning Residential

Older duplex, originally single family built in 1954, with additional unit added in 1963. Side by side units with full unfinished walk out basement. Unit A has oil forced warm air & central A/C, Unit B has electric baseboard heat and window A/C. Sunporch has heat & A/C but not counted in square footage (additional sq. ftg.). Needs updating.

Listing Courtesy of Town and Mountain Realty, 828-232-2879

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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51 Linden, Asheville, NC 28801

Price$649,000

Est. Mortgage: $/month

MLS Number 3251307

  • MultiFamily Multi-Family
  • Subdivision Annandale
  • Square Feet 2496
  • Modification Date 02/13/2017
  • Year Built 1925

Wonderful opportunity to own two homes on the same lot in North Asheville/Downtown, conveniently located to Charlotte Street, Merrimon Ave, and downtown Asheville. Charming brick house with some updates comes along with a separate home in a well established part of Asheville. Investors take notice or live in one and rent the other. Enjoy the gentle creek that flows through the back yard while you enjoy a low traffic neighborhood just a stones throw away from downtown Asheville.

Listing Courtesy of United Real Estate Asheville, 828-575-2337

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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34 & 40 Mcilwain, Asheville, NC 28806

Price$315,000

Est. Mortgage: $/month

MLS Number 3250669

  • MultiFamily Multi-Family
  • Square Feet 9999
  • Lot Description Other
  • Zoning Residential
  • Modification Date 02/10/2017

Incredible Opportunity for the hands- on investor... 10 unit MHP near outlet mall and bent creek. Impressive financial performance with lots of upside. See attachments for financials

Listing Courtesy of Sarver Realty Group, LLC, 828-552-0166

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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43 Arlington, Asheville, NC 28801

Price$650,000

Est. Mortgage: $/month

Pending

MLS Number 3244921

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244341
  • Sale Agent Tom Lasley
  • Sale Office Greybeard Realty
  • Square Feet 3668

So many possibilities with this unique property on the edge of downtown located in the Office zoning district. Continue to use as a Quadplex, convert to Office/Commercial space or a mixture of both. Would be a great work/live space with possible supplemental income. Potential to add units based on lot size and density standards, buyer to verify. Property has views, plenty of parking, unfinished attic space with stair access, separately metered utilities and lots of original details and charm.

Listing Courtesy of ERA Sunburst Realty, 828-258-1284

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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15 E Chestnut, Asheville, NC 28801

Price$345,000

Est. Mortgage: $/month

Pending

MLS Number 3248777

  • MultiFamily Multi-Family
  • Sale Agent Laylah Weaver
  • Square Feet 2100
  • Zoning Apartment
  • Modification Date 03/02/2017

NCD (Neighborhood Corridor) zoned duplex offers multiple potential uses. Steps from Harris Teeter, Trader Joe's and Downtown. Units have Rinnai natural gas heaters, fenced yard, southern exposure, great rental history...back to single family? Business? Rental? Its up to you...

Listing Courtesy of Town and Mountain Realty, 828-232-2879

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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8 Village, Asheville, NC 28803

Price$5,550,000

Est. Mortgage: $/month

MLS Number 3247464

  • MultiFamily Multi-Family
  • Square Feet 19364
  • Zoning Institutional
  • Modification Date 03/08/2017
  • Year Built 1931

Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15, 448SF building (see PIN#9647-79-0174-R0001). Elevator.

Listing Courtesy of Premier Sotheby's Int'l Realty, 828-277-3238

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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25 Deaverview, Asheville, NC 28806

Price$445,000

Est. Mortgage: $/month

MLS Number 3244949

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244319
  • Square Feet 1860
  • Modification Date 03/23/2017
  • Year Built 1967

±1, 860 SF residential building situated on 0.2 acres consisting of four units located in West Asheville. Off street parking available for tenants. SEE ATTACHED BROCHURE FOR DETAILS!

Listing Courtesy of G/M Property Group, 828-281-4024

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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24A, B, 26A, B, 9999 Triple H, Asheville, NC 28816

MLS Number 3244595

  • MultiFamily Multi-Family
  • Subdivision Spiveys View
  • Square Feet 3986
  • Modification Date 03/11/2017
  • Year Built 2009

Unique Investment property, in desirable West Asheville, off Sand Hill Road, Location is great, minutes to I-40, I-26, shopping mall, and groceries, pharmacies and other. There are one Triplex, and a duplex situtatued on .92 acres at the end of a cal-decsec. All units have heat, air, 2/beds, 1 bath, with a attached garage for each unit. One unit does not have a dishwasher, all the rest do. Owner furnishes water, and sewer. Washer/dryer hook-up, Cable TV available. Great investment

Listing Courtesy of Coldwell Banker Commercial King, 828-398-5959

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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136 Louisiana, Asheville, NC 28806

Price$375,000

Est. Mortgage: $/month

MLS Number 3237871

  • MultiFamily Multi-Family
  • Square Feet 2356
  • Modification Date 03/16/2017
  • Year Built 1911

Rare Op for Multi-Unit: Trendy West AVL! Charming tri-plex on large level lot with option for storage/garage building or addition to existing house. All units have individual W/D hookup, separate meters, offstreet parking. Minimal TLC will significantly enhance each unit's rental value. Additional .17 acre lot available separately at MLS# 3237874; perfect for SFR w possible ADU. Entire newly surveyed parcel with dwelling offers a creative expansion project for the savvy investor.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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543 & 543 1/2 Bailey, Asheville, NC 28806

MLS Number 3199606

  • MultiFamily Multi-Family
  • Square Feet 1612
  • Lot Description Level
  • Modification Date 03/22/2017
  • SpecialListingConditions SUBJECT TO LEASE

Investor Alert! Two homes. Private large yard. Outbuildings in one unit for storage. Great rental potential! One unit rented at this time. This wonder property is a must see.

Listing Courtesy of Foley Realty, Inc., 828-484-7500

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

952 Chapel, Asheville, NC 28803

Price$159,900

Est. Mortgage: $/month

Pending

MLS Number 3229668

  • MultiFamily Multi-Family
  • Sale Agent Valeria Carrizo-Wyda
  • Square Feet 1931
  • Zoning Residential
  • Modification Date 02/15/2017

Investors take note ! South Asheville duplex in Shiloh has large open living spaces, updated kitchens and baths and tenants in place. Upstairs unit is a 2/1 and has just over 1000 sqft.(435sqft of this unit is under 7ft). Downstairs unit offers 1 level living and features 2/1 with large open kitchen and has additional ground level access from the rear for easy trips to the car.

Listing Courtesy of Keller Williams - Sapphire, 828-743-5122

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

15 & 17 Bearden, Asheville, NC 28801

Price$525,000

Est. Mortgage: $/month

MLS Number 3217622

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244602
  • Subdivision Montford
  • Square Feet 3558
  • Lot Description Level

Perfect Historic Montford Renovation Project. Two Story brick town home only 2 blocks from downtown Asheville. Live in one side and rent the other. Left side unit is just over 2000sf, offers 3 bedrooms, 1 bathroom, tall ceilings and hardwood floors. Right side is just under 1600sf, offers 2 bedrooms 1 bathroom, covered porch and back patio. This property has the potential of subdividing into 2 separate town homes and sold off separately. Home needs lots of TLC.

Listing Courtesy of The Real Estate Center, 828-255-4663

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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200 Sardis, Asheville, NC 28806

Price$565,000

Est. Mortgage: $/month

MLS Number 3213802

  • MultiFamily Multi-Family
  • Square Feet 1568
  • Zoning Residential
  • Modification Date 02/17/2017
  • Year Built 2001

$$REDUCED. LOCATION LOCATION LOCATION. 5.99 Acres & 2 homes must sell together. Main house is quaint cabin style, Open floor plan/loft & hardwood accents, 2 BR, 2BA, unfinished basement/1 car garage. Dblwd, bright beautiful open floor plan, many windows, lrg open living areas, 3BR, 2BA. Single wide 2 BR, 2BA, 2 bay garage also conveys with property. Great for extended families or rental properties. 4 seperate structures to rent. Includes parcel #9627-20-2491-00000.

Listing Courtesy of Foxfire Real Estate, LLC, 828-766-7221

Asheville Sales Office
4 Olde Eastwood Village Blvd
Unit 201
Asheville NC, 28803
Office: 828-513-0349

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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