Asheville NC Multi-Family Homes

MLS Number CAR3732114

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 2028
• Year Built 1920

Duplex in very convenient South Asheville. Main unit 1200sf. Open floor plan. 3 large brs, 1.5 baths. New heat pump. Extra attic insulation. Large unfinished basement. 2-car driveway. Original hardwood floors. Ceramic tile in bathrooms. Back unit 800sf. 2br/1ba. Laundry room. Walk in-closet. Large yard. New roof and water heater. Extra attic insulation. Basement. Separate entrance with 2-car driveway. Original hardwood floors, tile in bathroom, kitchen and laundry area.

Listed by Kevin Wei of Buncombe Realty

MLS Number CAR3731553

• MultiFamily
• MLS Status Active
• Bedrooms 8
• Square Feet 4178
• Year Built 1949

Five-Plex in Kenilworth located directly across from Mission Hospital and within walking distance to South Slope in vibrant downtown Asheville, historic Biltmore Village, and Kenilworth Park. Recent updates include a new roof on both the main building and carriage house/garage, three new HVAC units, crawlspace/basement encapsulation, refreshed landscaping, and some newer appliances. Each unit features a full kitchen and washer and dryer as well as on-site assigned parking spaces. On-street parking is also available and it's also located on the city bus line. Rental history and list of unit-specific updates available.

Listed by Brian Etheridge of Premier Sothebys International Realty

MLS Number CAR3711326

• MultiFamily
• MLS Status Active
• Bedrooms 4
• Square Feet 1811
• Year Built 1924

Fantastic opportunity to own a very well maintained multiplex consisting of 2 homes (3 rental units) that is minutes to Sunny Point/West Asheville! The main house, 17 Hubbard, is a duplex that has a lot of “original charm”. The smaller second standalone cottage, 19 Hubbard, is a 412 sf one bedroom one bath with a cute covered front porch. All "systems" are 5 years old or less (gas furnace, mini-splits, gutters, roofs, sewer line and hot water heaters). It would be possible to expand one of the units and live in cool W. Avl while having great rental income from the others OR rent them all (owner has never had a gap in 25 years). Lots of off street parking. Huge back yard with lovely landscaping. Half of yard is fenced. Owner is selling property As-Is.

Listed by Trish Brown of Trillium Real Estate LLC

MLS Number CAR3730511

• MultiFamily
• MLS Status Active
• Bedrooms 4
• Square Feet 1667
• Year Built 1983

Supreme opportunity for an investor to snag a duplex in a renter's dream location; Located at the corner of Patton Ave & Haywood Rd, this is a HOT West Asheville spot. With a proven track record of occupancy, you will never have to worry about it ever being empty! Both units have recently been updated in the last few years & are an exact replica of each other w/open floor plans, spacious kitchens w/tiled floors, large bedrooms, six panel doors, washer/dryer hookups, large fenced back yard & an oversized parking area. Rent both or live in one & rent the other. Either way, It's a Win Win! Hurry, this will go fast!

Listed by Marie Reed of Keller Williams Professionals

MLS Number CAR3726954

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 2519
• Year Built 1905

Looking for unparalleled walkability and charm? This historic property is exactly what you're looking for. Walks to All Day Darling, Montford Roof Top Bar, The Grove Arcade, Chiesa, and Nine Mile are 4, 4, 6, 7 and 11 minutes respectively. Recently renovated kitchens and bathrooms while preserving the charm and quality materials from the beginning of the last century make this the one to see before it's gone. The private, fenced backyard make this the perfect urban oasis. Live in one unit and rent out the other. Easy conversion back to single family and/or a homestay/short-term rental situation.

Listed by Brad Puffer of Keller Williams Professionals

MLS Number CAR3727323

• MultiFamily
• MLS Status Active
• Bedrooms 4
• Square Feet 1810
• Year Built 1915

Great opportunity to own an income producing property walking distance to Downtown Asheville and River Arts! Good rental history. Live in the main house and lease out the back or lease them both. One PIN that includes two structures with separate gas, and electric, but shared city water/ sewer. The total HLA for the two dwellings is 1810sf (1221sf front house & 589sf back house). 114 Clingman rents for $1675 (ends 6/2/21) & 114.5 Clingman rents for $1200 (ends 7/31/21). Listing agent related to seller.

Listed by Stoner Giltz of Tessier Associates

MLS Number CAR3718145

• MultiFamily
• MLS Status Active
• Square Feet 681
• Year Built 1950
• Acreage 0.65

INVESTMENT opportunity in West Asheville! .65 acre parcel with at least 2 building lots.Possible to have up to 4 lots if approved by city. Zoned residential multi-family. Can build: Single family, townhomes, duplex or apartments. Potential to build up to up to 16-20 units. Multi-level dwellings would provide mountain views. Land is gently sloping and units could have lower levels or below level parking depending on type of build and city zoning. Home is in good condition with a 2019 roof, hardwood floors, replacement windows and deck overlooking large beautiful fenced backyard. Can rent the existing home and have at least 2 additional building lots for new single family homes. Approximate lot size is 9000 SqFt. 16X28 storage shed is great for workshop or storage. City water, city sewer currently connected to home.Possible to connect for multi-family development. Buyer to verify utility connections & fees with the City. Natural gas connection is available.

Listed by Jana Osada of Keller Williams Elite Realty

MLS Number CAR3722076

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1162
• Year Built 1923

INVESTORS - Don't miss this opportunity! County is stating the property is subdividable. 2 homes on .6 acres with proven rental history. 3 bed 1 bath w/ laundry hookup in main house, 2 bed 1 bath in guest house. Utilities are separate. Main house has been rewired with 200 amp electric recently and HVAC is 8 years old. Has been updated with some new windows and freshly painted inside and out. 3 mile drive to downtown Asheville & 2 mile drive to Beaver Lake.

Listed by Ashley Sandahl of RE/MAX Mountain Living

MLS Number CAR3721507

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 2178
• Year Built 1925

Great location close to everything. An investor's dream in the heart of downtown Asheville. Existing home has 2 separate livable units as well as a basement with ample space to work with. The sound structure and character of this home allow the imagination to run wild. Offering the perfect opportunity for an experienced investor to renovate and resell, or hold as a rental. Being within walking distance to downtown, grocery stores, restaurants, and green ways this opportunity won't last long.

Listed by Staci Watkins and Rhionna Harris of Century 21 Mountain Lifestyles

MLS Number CAR3717641

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 2184
• Year Built 1980

Location, Location and Great location - Located in downtown Asheville. Nice Corner lot. S French Broad Ave and Phifer St. Home was remodeled in 2017. Upstairs Unit A has 3 bedrooms and 2 full bathroom. downstairs Unit B has 2 bedrooms, 1 full bathroom plus a bonus room. Great Income property. Duplex Unit, both are currently rented. Rent income $2500 per month. Great Tenants and Great Rental history.

Listed by Ya Goodrum of Falcon Real Estate Corporation

MLS Number CAR3711014

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1639
• Year Built 1962

Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town.

Listed by Karen Svites of Keller Williams - Weaverville

MLS Number CAR3692433

• MultiFamily
• MLS Status Active
• Square Feet 10415
• Year Built 1964
• Acreage 1.5

Located in Buncombe County but minutes to West Asheville (no city taxes), this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with a brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL under MLS 3691578.

Listed by Christian Witt and Rob Montague of Asheville Realty Group

MLS Number CAR3689416

• MultiFamily
• MLS Status Active
• Square Feet 1296
• Year Built 1972
• Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Steve Bourke and Bob Bryenton of Keller Williams Professionals

MLS Number CAR3686791

• MultiFamily
• MLS Status Active
• Square Feet 6351
• Year Built 1919
• Acreage 0.37

Excellent Investment Opportunity near Downtown Asheville. Great condition 11-Unit Multi-Family complex located in in an Opportunity Zone in Montford for purchase. Proven occupancy with 100% of the units occupied for more than 10 years. Huge upside potential for new owner.

Listed by Patrick Johnson and Jim Davis of NAI Beverly-Hanks