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    Asheville, NC Apartment Buildings for Sale

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    Found 8 apartment buildings for sale in Asheville, NC, averaging $655/sq ft. Use valuation data to compare deals faster.
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    Apartment Buildings with Shared Spa
    Updated: Sep 13, 2024
    Apartment Buildings with Shared Spa

    108 Lakewood Drive, Asheville, NC 28803

    $1,900,000
    1.38 AC lot
    Four dwellings arranged within two cottage‑style buildings
    Shared spa with cedar‑plank sauna and brick courtyard
    1.38‑acre wooded property across from Leah Chiles Park
    1926 Tudor residence with original architectural character
    RS8 zoning with public sewer service
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    Licensed 16-Unit Short-Term Rental
    Updated: May 8
    Licensed 16-Unit Short-Term Rental

    42 Furman Ave, Asheville, NC 28801

    $5,500,000
    8,395 sqft
    16‑unit short‑term rental property with twelve one‑bedroom units and four studios
    Approximately 8, 395 square feet across three stories and a walkout basement
    Renovated to the studs and redesigned for short‑term rental use
    Active, compliant short‑term rental license
    Dedicated parking included
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    Five-Unit Multifamily Property with Parking
    Five-Unit Multifamily Property with Parking

    891 Haywood Rd, Asheville, NC 28806

    $985,000

    Five-unit multifamily building with covered porch, balcony, and ample on-site parking along the Haywood Road corridor.

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    See what stands out in Buncombe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Historic Multifamily Apartment Community
    Historic Multifamily Apartment Community

    491 Kimberly Ave, Asheville, NC 28804

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    2.70 AC lot

    Established apartment property with varied floor plans and expansive grounds near Asheville’s downtown employment and cultural amenities.

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    Comfortable Condo in Desirable Community
    Comfortable Condo in Desirable Community

    806 Abbey Circle, Asheville, NC 28805

    $227,000
    0.03 AC lot

    Two-bedroom condo with modern amenities and convenient location.

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    Vacation Rental Multi-Structure Compound
    Vacation Rental Multi-Structure Compound

    36 Rocky Ridge Rd, Asheville, NC 28806

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    1.38 AC lot

    Six structures on 1.38 acres, with three short-term rental round houses and additional long-term and owner-occupied units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    One-Story 6-Unit Facility
    One-Story 6-Unit Facility

    28 Crest Ave, Asheville, NC 28803

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    0.25 AC lot

    One-building, one-story facility with 6 units, plus an additional buildable lot available under a separate PIN.

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    Downtown Apartment Buildings with Basement
    Downtown Apartment Buildings with Basement

    134 Biltmore Ave, Asheville, NC 28801

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    Two circa-1920 two-story apartment buildings total 8 units with gas, electric, and water meters and mostly month-to-month leases.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Apartment Building Near Downtown
    Brick Apartment Building Near Downtown

    9999 Hazel St, Waynesville, NC 28786

    $2,350,000
    9,242 sqft

    Eleven apartments include one- and two-bedroom layouts with mixed-use commercial zoning.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    155 Rush Rd, Clyde, NC 28721

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    Service Road Apartments is a 7-unit apartment building offered for sale as part of a larger 46-unit portfolio.

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    23-Unit Apartment Building
    23-Unit Apartment Building

    444 Jones Cove Rd, Clyde, NC 28721

    Contact for pricing

    Apartment property with mountain ridge views and flexible acquisition options.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    27 Myrdice Dr, Waynesville, NC 28786

    Contact for pricing

    Waynesville property offered individually or as part of a larger portfolio.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Asheville, NC Apartment Buildings Market Trends and Statistics

    Explore 8 apartment buildings for sale in Asheville, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 8,395 square feet of properties for sale, with an estimated market value of $8,612,000.

    Sale prices for two-family homes in Asheville, NC start at $227,000, averaging $2,153,000, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 139K
    Population Growth (5Y) +4.9%
    Median Household Income $66,351
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Asheville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28805 $227K
    28806 $985K
    28803 $1.9M
    28801 $5.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $11.15 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Asheville fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Asheville, NC

    • 28801
    • 28803
    • 28806
    • 28804
    • 28805

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