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4-Unit Brick Quadplex
For Sale
$595,000

152 Tate Street, Waynesville, NC 28786

Residential Income, Waynesville, NC

Property Size4,028 SF
Lot Size0.26 Acres
Price / SF$147.72
Days on Market8

Property Features for 152 Tate Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning description RES
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Dining Room, Bathroom 4, Basement, Bedroom 1
Parking features Driveway, On Street
Window features Insulated Windows
Patio and Porch features Porch, Deck, Patio
Fireplace 1
Basement Exterior Entry, Apartment, Full, Partially Finished
Appliances Dishwasher, Electric Range, Exhaust Fan, Refrigerator, Washer/Dryer
Lot features Level, Sloped
Elementary school Hazelwood
Middle school Waynesville
High school Tuscola
Directions From Waynesville: South on Main Street; Right onto Academy Street; Cross Haywood Street; Left on Tate Street; Property is on Right (No Sign and No Lockbox - access by listing agent only).
Standard status Active
APN 8615-16-9667
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description per deed
Legal Description per deed

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Ceiling Fan(s), Window Unit(s)

Building Details

Year built 1964
Floors in Building 1
Number of units 4
Flooring type Carpet, Linoleum, Wood
Building materials Brick Full
Roof type Shingle
Architectural style Ranch
Listing Agency: Keller Williams Great Smokies · Keller Williams Realty
Listed By: Matthew Wells · License #344905
Added: Oct 23 Changed: Oct 27 Last Checked: Oct 30 at 2:06PM
MLS# 4436155

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1964 brick quadplex contains four apartments totaling approximately 4,028 square feet. The unit mix comprises two two-bedroom apartments and two one-bedroom apartments. Each has its own kitchen, living area, and dining space; select apartments also have a porch or deck. Interior finishes include wood, linoleum, and carpet flooring, while heating is electric baseboard and cooling includes window units and ceiling fans. The property occupies 0.26 acres and has a shingle roof and fireplace.

At 152 Tate Street in Waynesville, the property is near downtown shopping, dining, and everyday services. Public sewer and city water serve the property. Parking is available in the driveway and on the street.

Key Highlights

  • Four apartments: two 2‑bedroom units and two 1‑bedroom units
  • Approximately 4,028 square feet of living space
  • Brick construction; built in 1964

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 28786, NC

21,204
Population
12,064
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
91%
High-School Grad
73.0 sq mi
ZIP Area
290
Density / Sq Mi
$56,047
Median Household Income
$36,743
Median Earnings
$1,084
Median Rent
$266,800
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?
Quadplex - Four apartments offer a two-bedroom and one-bedroom mix, with separate kitchens and shared access to on-street and driveway parking.
Where is this quadplex located?
The property is located at 152 Tate Street Waynesville, NC.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom units and two 1‑bedroom units; Approximately 4,028 square feet of living space; Brick construction; built in 1964
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