Duplex with Covered
New
For Sale
$430,000
656 Water St, Bakersville, NC 28705
Two separate dwellings offer flexible residential income and multigenerational living possibilities.
Property Size2,570 SF
Price / SF$167.32
Days on Market4
Property Features for 656 Water St
General Information
Standard status
Active
Size
2,570 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs some repairs
Additional Details
Multifamily Units
2
Building Details
Year Built
1993
Buildings
2
Listing Agency:
West Norman Real Estate
Listed By:
John Grindstaff · License #327230
(828) 612-8547
Source:
Highperformancerea
Added: Sep 5
Last Checked: Sep 7 at 10:41AM
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 West Norman Real Estate
Investment Insights
Based on property information with market context.
This duplex combines two separate dwellings totaling 2,570 SF on a terraced property in Bakersville. The primary residence reflects a 1993 conversion and includes a dining room, walk-in closet, flex room with exterior access, and a covered wrap-around porch measuring 6 feet wide. A 16×24 workshop matches the home’s exterior finishes. The second dwelling at 664 Water Street was built in 1917 and contains 1,190 SF with two bedrooms, two bathrooms, a dining room, den, and walk-in closet. Its front porch is covered, while the side porch is open.
The property is situated in the Blue Ridge mountains and uses a shared water well serving both dwellings. The primary home has a metal roof, updated windows, doors, and siding, while HVAC was installed in 2023 at the second home. The driveway will include a 12-foot right-of-way as part of the sale. The property is also suited to rental income, multigenerational occupancy, guest accommodations, or an arts and crafts workspace.
The property is situated in the Blue Ridge mountains and uses a shared water well serving both dwellings. The primary home has a metal roof, updated windows, doors, and siding, while HVAC was installed in 2023 at the second home. The driveway will include a 12-foot right-of-way as part of the sale. The property is also suited to rental income, multigenerational occupancy, guest accommodations, or an arts and crafts workspace.
Key Highlights
- Two dwellings totaling 2,570 SF
- Primary residence converted in 1993 with a 450sf flex room and 6’ wide covered wrap‑around porch
- Second dwelling at 664 Water Street: 1,190 SF, 2 bedrooms, and 2 bathrooms
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 28705, NC
6,220
Population
3,997
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
124.2 sq mi
ZIP Area
50
Density / Sq Mi
$54,350
Median Household Income
$36,560
Median Earnings
$855
Median Rent
$202,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate dwellings offer flexible residential income and multigenerational living possibilities.
Where is this duplex located?
The property is located at 656 Water St Bakersville, NC.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two dwellings totaling 2,570 SF; Primary residence converted in 1993 with a 450sf flex room and 6’ wide covered wrap‑around porch; Second dwelling at 664 Water Street: 1,190 SF, 2 bedrooms, and 2 bathrooms
