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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17 Elkmont, Asheville, NC 28804

Price$575,000

Est. Mortgage: $/month

MLS Number 3284086

  • MultiFamily Multi-Family
  • Square Feet 2659
  • Modification Date 05/23/2017
  • Year Built 2017

New construction home w/2 legal rental units in North Asheville near Beaver Lake & Reynolds Village. Main home has open floor plan, wood-burning fireplace, master on main, and granite/stainless kitchen. Huge deck to take in the mountain views. Lots of windows and light, upstairs bonus loft. Lower level is a 2BR/1BA apartment w/separate power meter, patio, open living area, & laundry. Separate parking areas. Apartment rent estimated at $1400-$1500 per month. House rent is estimated at $1800-$1900

Listed by Heidi DuBose of Beverly-Hanks, Merrimon

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: 4.02% last updated on May 18, 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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3 Fielding, Asheville, NC 28803

Price$325,000

Est. Mortgage: $/month

MLS Number 3280243

  • MultiFamily Multi-Family
  • Subdivision Biltmore Village
  • Square Feet 1792
  • Lot Description Level
  • Zoning Duplex

Both sides of duplex are currently rented on a month to month basis, Unit A is $700.00 and Unit B is $800.00. Unit B has new laminate flooring throughout Each unit has Gas heat, nice level corner lot, Walking distance to Biltmore Village. Ideal for residence on one side and rental income from the other side, or all investment. . The tax amount is for 2016 and does not reflect the new assessed value. Listing Agent related to owner.

Listed by Milo Garren of J D Jackson Associates, Inc.

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: 4.02% last updated on May 18, 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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52 Spears, Asheville, NC 28801

Price$550,000

Est. Mortgage: $/month

MLS Number 3278222

  • MultiFamily Multi-Family
  • Square Feet 2530
  • Modification Date 05/11/2017
  • Year Built 1920

Impeccable MAJOR REMODEL to the studs. Contemporary, modern updates. Live in one sunny unit AND rent other to pay mortgage OR easily convert back to single family by reopening one doorway. Gorgeous Hardwoods & high ceilings; 2 Custom kitchens with 42" cabinets & granite counters. Large tiled baths. Deck overlooks large yard. New; windows, floors, hvac, plumbing, electric & Insulation. Ample parking & basement for storage. Vibrant North Asheville neighborhood less than a mile to downtown or UNCA.

Listed by Liz Wiederhold of Seller Solutions

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: 4.02% last updated on May 18, 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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28 Forsythe, Asheville, NC 28801

Price$1,450,000

Est. Mortgage: $/month

MLS Number 3268821

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244888
  • Subdivision Doubleday Additions
  • Square Feet 6945
  • Modification Date 05/17/2017

This muti-generational home has not only 3 separate living quarters, but the great room has given life to everything from yoga classes and intimate weddings to house concerts, boasting a soaring ceiling for amazing acoustics! This property was completely renovated from a 1910 church, making it one of Asheville's most unique home/play/work spaces, and named Home of the Week by Asheville Citizens Times (Aug 2016). In the 5 Points Community, just half-mile to downtown and everything Asheville!

Listed by Wanda Lapointe of Exit Realty Vistas

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: 4.02% last updated on May 18, 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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125 Wellington, Asheville, NC 28806

Price$409,000

Est. Mortgage: $/month

MLS Number 3268855

  • MultiFamily Multi-Family
  • Square Feet 1850
  • Modification Date 05/09/2017
  • Year Built 1923

Fantastic West Asheville Home W/Separate Garage Apartment! Investment Opportunity! Main House Is Totally Remodeled & Updated, 1387 SqFt & Has 3 Bedrooms, 2 Full Tile Baths, LG Living Room W/Engineered Hardwood Floors & Vaulted Ceiling & 2 Ceiling Fans, LG Open Kitchen W/New Cabinets & New Granite Counter Tops & Engineered Hardwood Floors & Pantry, LG Covered Front Porch, Heat Pump W/Air, Home Warranty. Remodeled Garage Apartment Is 463 SqFt & Has 2 Bedrooms, Full Tile Bath, Baseboard Heat.

Listed by Toby Davis of RE/MAX Executive

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: 4.02% last updated on May 18, 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 Quigley, Asheville, NC 28806

Price$499,000

Est. Mortgage: $/month

MLS Number 3262566

  • MultiFamily Multi-Family
  • Zoning Residential
  • Modification Date 05/06/2017
  • 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.

Listed by George Lycan of Keller Williams - Weaverville

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: 4.02% last updated on May 18, 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 05/23/2017
  • 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.

Listed by Brad Puffer of Keller Williams - Weaverville

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: 4.02% last updated on May 18, 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 04/13/2017
  • 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.

Listed by Roy Nail of Pulliam Properties, Inc

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: 4.02% last updated on May 18, 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 05/09/2017
  • 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.

Listed by Josh Meduri of Keller Williams - Weaverville

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: 4.02% last updated on May 18, 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$375,000

Est. Mortgage: $/month

MLS Number 3259171

  • MultiFamily Multi-Family
  • Square Feet 1482
  • Zoning Duplex
  • Modification Date 04/18/2017
  • SpecialListingConditions SUBJECT TO LEASE

Duplex on Large Lot with vaulted ceilings in both units w/enormous Living Rooms flooding the rooms with natural light. Great breakfast bars from kitchens! Large Bedrooms ~ Bathrooms have tiled floors. Lot contains .68 Acres zoned RM16; additional structures could be erected for added income. Adjacent property also for sale: See 156 State Street, MLS#3258896 & collects $2, 100/month. A total of $4, 100/month for combined properties.

Listed by Dawn McDade of Keller Williams Professionals

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: 4.02% last updated on May 18, 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

Listed by Jon Sarver of Sarver Realty Group, LLC

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: 4.02% last updated on May 18, 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$325,000

Est. Mortgage: $/month

MLS Number 3248777

  • MultiFamily Multi-Family
  • Square Feet 2100
  • Zoning Apartment
  • Modification Date 04/19/2017
  • Year Built 1910

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...

Listed by Ben Mansell of Town and Mountain Realty

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: 4.02% last updated on May 18, 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.

Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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: 4.02% last updated on May 18, 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$425,000

Est. Mortgage: $/month

MLS Number 3244949

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28244319
  • Square Feet 1860
  • Modification Date 04/18/2017
  • 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!

Listed by Keaton Edwards of G/M Property Group

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: 4.02% last updated on May 18, 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

Listed by Dick McKinney of Coldwell Banker King-Col/Tryon

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: 4.02% last updated on May 18, 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 W Bailey, Asheville, NC 28806

MLS Number 3199606

  • MultiFamily Multi-Family
  • Square Feet 1612
  • Lot Description Level
  • Modification Date 05/05/2017
  • 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.

Listed by Pam Forker of Foley Realty, Inc.

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: 4.02% last updated on May 18, 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 & 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.

Listed by Jay Lurie of The Real Estate Center

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: 4.02% last updated on May 18, 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$541,000

Est. Mortgage: $/month

MLS Number 3213802

  • MultiFamily Multi-Family
  • Square Feet 1568
  • Zoning Residential
  • Modification Date 04/24/2017
  • 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.

Listed by Rebecca Condrey of Foxfire Real Estate, LLC

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: 4.02% last updated on May 18, 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