Two-Residence Duplex
146 & 148 Bradshaw Cir, Candler, NC 28715
For Sale
$399,000
Separate homes provide flexible occupancy with private living areas and shared city water service.
Property Size1,216 SF
Price / SF$328.13
Days on Market50
Property Features for 146 & 148 Bradshaw Cir
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
private back deck
views
stream
high-speed internet
Building Details
Year Built
Listing Agency:
EXP Realty LLC
Listed By:
Laura Uherka
(828) 747-9883
Source:
Lewisandkirk
Added: Sep 21
Changed: Oct 25
Last Checked: Oct 7 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
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Investment Insights
Based on property information with market context.
This duplex property includes two distinct residences on one lot. The primary home is a new manufactured residence with three bedrooms and two bathrooms, modern finishes, an open layout, and plentiful natural light. It is being permanently affixed to the land and was built in 2025. A separate one-bedroom, one-bath garage apartment was completed and fully permitted in 2021; it features high ceilings, a spacious interior, and a private rear deck.
Located at 146 & 148 Bradshaw Cir in Candler, the property includes views and a stream along the lower portion of the lot. Each residence has its own septic system, while both share a city water meter. High-speed internet is available, adding connectivity for either household. The two-home configuration supports flexible residential use, including separate occupancy for extended household needs or rental arrangements.
Located at 146 & 148 Bradshaw Cir in Candler, the property includes views and a stream along the lower portion of the lot. Each residence has its own septic system, while both share a city water meter. High-speed internet is available, adding connectivity for either household. The two-home configuration supports flexible residential use, including separate occupancy for extended household needs or rental arrangements.
Key Highlights
- Two separate residences on one property
- New 3‑bedroom, 2‑bath manufactured home built in 2025
- 1‑bedroom, 1‑bath garage apartment completed and fully permitted in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,667
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,340
$273.3K
Cap Rate 7%
$195,243
$195.2K
Cap Rate 9%
$151,856
$151.9K
Market Conditions
NOI Build-Up for 1,216 SF
Gross rent
$22.2K $18.24/SF
− Vacancy
−$2.7K −$2.18/SF
EGI
$19.5K $16.06/SF
− OpEx
−$5.9K −$4.82/SF
NOI
$13.7K $11.24/SF
Area
Buncombe County, NC
Vacancy
11.97%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,340
Cap Rate 7%
$195,243
Cap Rate 9%
$151,856
Alternative Uses
Best Use
Multifamily LT 5
$195.2K
$170.8K – $227.8K
NOI $13,667 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$169.3K
$148.2K – $197.6K
NOI $11,854 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$384.5K
$336.5K – $448.6K
NOI $26,916 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
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Business Placement
Demographics for 28715, NC
27,810
Population
12,519
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
78.1 sq mi
ZIP Area
356
Density / Sq Mi
$70,950
Median Household Income
$38,620
Median Earnings
$1,208
Median Rent
$291,900
Median Home Value
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Market
Properties on Market for Duplexes in Buncombe County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate homes provide flexible occupancy with private living areas and shared city water service.
Where is this duplex located?
The property is located at 146 & 148 Bradshaw Cir Candler, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two separate residences on one property; New 3‑bedroom, 2‑bath manufactured home built in 2025; 1‑bedroom, 1‑bath garage apartment completed and fully permitted in 2021
