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Craftsman Duplex in Prime Location
For Sale
$389,000

110 Grady Avenue, Tryon, NC 28782

MULTI_FAMILY - Other - Tryon, NC

Lot Size0.34 Acres
Days on Market101

Property Features for 110 Grady Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M
Zoning description M
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Laundry Room, Bathroom 1, Bedroom 4
Parking features On Street
Patio and Porch features Patio, Porch
Appliances Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
Elementary school Tryon
Middle school Polk
High school Polk
Directions Hwy 108 (Lynn Road) to left on Berry, Right on Grady, House on the Left. GPS Works.
Standard status Active
APN T8-D5
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description PLAT: CARD FILE B-1216
Legal Description PLAT: CARD FILE B-1216

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric

Building Details

Year built 1930
Number of units 2
Flooring type Tile, Wood, Vinyl
Building materials Asbestos
Roof type Shingle
Architectural style Other
Listing Agency: Tryon Foothills Realty
Listed By: Stewart Cameron · License #184269
Added: Apr 23 Changed: Jul 29 Last Checked: Aug 1 at 10:06AM
MLS# 4373732

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This Craftsman-style property, originally built in 1930, presents an investor opportunity in a prime in-town location. Configured as two spacious units, each features 2 bedrooms and 1 bathroom. The layout supports rental appeal with functional floor plans, hardwood flooring, recessed lighting, and natural charm enhanced by classic moldings. Major capital improvements were completed in 2021, including a new roof, 2 HVAC systems, 2 water heaters, all appliances for both units, and new electrical, helping to minimize near-term maintenance costs. A reconstructed retaining wall further supports the property's long-term stability. Situated on a 0.34-acre lot, this property is zoned M. With its desirable location and versatile setup, this property is well-suited for long-term rentals, short-term leasing (subject to local regulations), or a house-hack scenario. Spacious units, historic appeal, and key system updates combine to create a compelling addition to any investment portfolio.

Key Highlights

  • Major capital improvements completed in 2021: new roof, 2 HVAC systems, 2 water heaters, all appliances, and new electrical.
  • Configured as two spacious units, each with 2 bedrooms and 1 bathroom, offering income potential.
  • Prime in‑town location with strong rental appeal.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Dental Office Pharmacy Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 28782, NC

5,889
Population
3,718
Households
1.6
Avg Household Size
57
Median Age
41%
College-Educated
95%
High-School Grad
49.1 sq mi
ZIP Area
120
Density / Sq Mi
$61,731
Median Household Income
$37,169
Median Earnings
$1,255
Median Rent
$289,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Income-generating Craftsman duplex with recent updates in Tryon, NC.
Where is this duplex located?
The property is located at 110 Grady Avenue Tryon, NC.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Major capital improvements completed in 2021: new roof, 2 HVAC systems, 2 water heaters, all appliances, and new electrical.; Configured as two spacious units, each with 2 bedrooms and 1 bathroom, offering income potential.; Prime in‑town location with strong rental appeal.
More about this property
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