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    68/72/82/84 Oteen Church Rd Asheville, NC 28805

    For Sale
    $2,900,000

    MULTI_FAMILY - Asheville, NC

    Lot size:
    4.79 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 68/72/82/84 Oteen Church Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS2
    Rooms
    Bedroom 8, Bedroom 10, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 13, Bathroom 10, Bedroom 6, Bathroom 3, Bedroom 9, Bathroom 7, Bathroom 8, Bathroom 11, Laundry Room, Bedroom 12, Bedroom 7, Bedroom 4, Basement, Bathroom 5, Bedroom 2, Bedroom 11, Bathroom 1, Bedroom 5, Bathroom 12, Bedroom 3, Bathroom 9
    Bedrooms
    13
    APN
    9668-34-7988-00000
    Parking features
    Carport, Garage - Attached, Driveway
    Patio and Porch features
    Porch, Patio
    Fireplace
    1
    Basement
    Finished, Apartment
    Appliances
    Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Refrigerator with Ice Maker, Wall Oven
    Lot size
    4.79 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Floor Furnace, Heat Pump (Heating), Central, Electric (Heating)
    Cooling system
    Central Air, Heat Pump, Electric

    Building Details

    Year built
    2010
    Number of units
    4
    Flooring type
    Wood, Tile
    Building materials
    Fiber Cement, Log, Vinyl, Wood
    Roof type
    Shingle
    Additional Structures
    Gazebo

    Noble and Company Realty (828) 337-6980 [email protected]

    Listing agent Shayne Hollifield (828) 243-9299

    Listing date Oct 7, 2025

    MLS# 4280406 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Asheville Multi-Home Rental Compound

    This 4.79-acre property features a private retreat less than 5 miles from downtown Asheville and less than a mile from the Blue Ridge Parkway. The property includes three separate homes used as rentals, plus a fourth structure offering two completely private homes with a shared entry lobby, and a lower-level apartment overlooking a saltwater pool. This compound is suitable for investors, a private family estate, generational living, or a legacy property. The location provides a secluded oasis close to culture, dining, and outdoor activities. The property is located in the City of Asheville where short-term rentals are not permitted. Most photos in the listing are of #72 with exterior photos of the remaining three homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.484972
    Latitude
    35.582168

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    FAQs

    What type of property is this?
    Single family property - 4.79-acre private retreat with multiple rental homes near downtown Asheville.
    Where is this single family property located?
    The property is located at 68/72/82/84 Oteen Church Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Income-producing property featuring 3 separate rental homes, plus a 4th structure offering 2 homes and an apartment, creating a potential rental portfolio.; - Enjoy a 4.79-acre private retreat less than 5 miles from downtown Asheville and less than a mile from the Blue Ridge Parkway.; - Suitable for investors, private family estate, generational living, or a legacy property.
    (828) 243-9299
    Request Owner's contact information
    68/72/82/84 Oteen Church Rd Asheville, NC 28805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    68/72/82/84 Oteen Church Rd Asheville, NC 28805
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