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Three-Level Triplex Cottage
For Sale
$245,000

12 Lila Lane, Clyde, NC 28721

Residential Income, Clyde, NC

Property SizeContact for details
Days on Market166

Property Features for 12 Lila Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning OU
Zoning description OU
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bonus Room, Bathroom 1, Basement, Bedroom 2, Bedroom 1, Bathroom 2, Laundry Room
Parking features Driveway
Window features Insulated Windows, Storm Window(s)
Pets allowed Yes
Interior features Open Floorplan
Basement Exterior Entry, Apartment, Finished
Appliances Electric Cooktop, Oven, Refrigerator
Subdivision Mount Soma
Lot features Wooded, Views
Elementary school Leicester/Eblen
Middle school Clyde A Erwin
High school Clyde A Erwin
Directions From I-40, take exit 24 for NC-209 toward Lake Junaluska, head north on NC-209 for 2.4 miles then turn right onto Upper Crabtree Rd and follow for 2.1 miles. Turn left onto Bald Creek Rd and follow for 4.5 miles then continue straight onto Mount Soma Boulevard. At the Visitors Center, turn left and take the MIDDLE road for Hanuman Trail, which accesses the back side of the building with 2 parking spots.
Standard status Active
APN 8751-18-7115-C001B

Taxes and HOA fees

Tax Description DEED DATE: 12/31/2012 DEED: 5055-0910
HOA Fee $110 Monthly
Legal Description DEED DATE: 12/31/2012 DEED: 5055-0910

Utilities

Sewer type Shared Septic
Heating system Ductless (Heating), Propane (Heating)
Cooling system Ductless
Water source Well

Building Details

Year built 2012
Floors in Building 2
Number of units 3
Flooring type Carpet, Vinyl
Building materials Wood
Roof type Shingle
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Danielle Fontenot · License #351568
Added: May 5 Changed: Oct 16 Last Checked: Oct 17 at 4:06AM
MLS# 4377742

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.

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Investment Insights

Based on property information with market context.

Built in 2012, this wood-sided, three-level cottage is arranged as three distinct living spaces. The upper level has an open kitchen, living and dining area, one bedroom with an ensuite bath, and a private deck. On the main level, a bonus room with an ensuite bath accompanies a kitchenette and living and dining areas, with access to another deck. The lower-level suite has its own exterior entrance, bedroom, full bath, and kitchen, living, and dining space. Heating and cooling are provided by ductless mini-splits, with propane wall heaters for heat. The property has well water and shared septic service.

The home is within the gated Mount Soma community, which provides walking trails and shared community spaces. I-40 is about 15 minutes away, and Waynesville is about 30 minutes away. The property is zoned OU and is part of the community’s short-term rental program, with the levels rented separately; buyers should verify program details.

Key Highlights

  • Three living spaces across three levels, including a lower suite with its own exterior entrance
  • Upper floor includes a bedroom, ensuite bath, full kitchen, living and dining area, and private deck
  • Main floor has a bonus room with ensuite bath, kitchenette, living and dining areas, and deck access

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Auto Repair Shop Restaurant Hotel & Motel

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

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 28721, NC

10,370
Population
5,154
Households
2
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
94.0 sq mi
ZIP Area
110
Density / Sq Mi
$67,323
Median Household Income
$35,065
Median Earnings
$1,069
Median Rent
$251,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate living areas include kitchens, baths, and individual outdoor access or decks.
Where is this triplex located?
The property is located at 12 Lila Lane Clyde, NC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Three living spaces across three levels, including a lower suite with its own exterior entrance; Upper floor includes a bedroom, ensuite bath, full kitchen, living and dining area, and private deck; Main floor has a bonus room with ensuite bath, kitchenette, living and dining areas, and deck access
More about this property
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