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6-Unit Multifamily Property
For Sale
$2,200,000

68 72 82 and 84 Oteen Church Road, Asheville, NC 28805

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size4.79 Acres
Days on Market10

Property Features for 68 72 82 and 84 Oteen Church Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS2
Zoning description RS2
Bedrooms 11
Bathrooms 12
Full bathrooms 10
Half bathrooms 2
Rooms Bathroom 11, Family Room, Bedroom 10, Bedroom 11, Bathroom 7, Bonus Room, Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 9, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 6, Basement, Game Room, Laundry Room, Bathroom 6, Bedroom 7, Bathroom 8, Bathroom 10, Bathroom 12, Bathroom 2, Bedroom 2, Bathroom 9, Bathroom 3, Bedroom 1, Dining Room, Bedroom 4
Parking features Garage - Attached, Carport, RV, Garage, Driveway
Patio and Porch features Patio, Porch
Pets allowed Yes
Pool private 1
Interior features Breakfast Bar, Built-in Features, Entrance Foyer, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s)
Exterior features Fence, Porte-cochere, Storage
Fencing Fenced
Fireplace 1
Basement Daylight, Exterior Entry, Storage Space, Walk-Up Access, Walk-Out Access, Apartment, Interior Entry
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Wall Oven, Warming Drawer, Washer/Dryer
Lot features Green Area, Level, Open Lot, Private, Rolling Slope, Wooded, Views
Elementary school Charles C Bell
Middle school AC Reynolds
High school AC Reynolds
Directions From downtown Asheville, take 240 to Tunnel Rd/E Hwy 70 for 4.6 miles, turn right on Oteen Church Rd, property will be on the left. No drive-bys. Showings by appointment only.
Standard status Active
APN 9668-44-0929-00000
Lot size 4.79 Acres

Taxes and HOA fees

Tax Description See attached deed
Legal Description See attached deed

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Heat Pump, Central Air, Ceiling Fan(s)

Amenities

heated saltwater pool
pool deck
pergola
pool bath
greenhouse
stone stairway
two-stall stable with tack room
storage barn
fenced pasture

Building Details

Year built 2010
Floors in Building 2
Number of units 4
Flooring type Bamboo, Vinyl, Laminate, Carpet, Wood, Tile
Building materials Fiber Cement, Log, Vinyl
Roof type Shingle, Metal
Architectural style Contemporary, Cottage, Bungalow
Additional Structures Greenhouse, Storage
Buildings 4
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Matt Tavener · License #231978
Added: Oct 24 Changed: Oct 30 Last Checked: Nov 2 at 2:06PM
MLS# 4433781

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.

Four homes containing six living units occupy 4.79 acres in Asheville. The central residence at 72 Oteen Church Road spans more than 5,900 square feet and has three living areas, each with a kitchen, living room, and laundry facilities. Enclosed hallways connect two sections of the home, while a lower-level apartment adds another private living space. The other residences are a cabin, a bungalow, and a newer cottage; accessibility features include an entry ramp and a walk-in tub in the cottage.

Outdoor improvements include a heated saltwater pool with an automatic cover, pool deck, pergola, pool bath, and greenhouse. The grounds also include a two-stall stable with tack room, a storage barn, and fenced pasture. The property comprises three PINs, and RS2 zoning is listed.

Key Highlights

  • Four homes with six separate living units on 4.79 acres
  • Main residence at 72 Oteen Church Road is 5,900+ sq. ft.
  • Three living areas in the main residence, each with a kitchen, living room, and laundry facilities

Property Analytics

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Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 28805, NC

18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
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?
Multifamily property - Four residences provide varied living arrangements, with accessibility-minded features in two homes.
Where is this multifamily property located?
The property is located at 68 72 82 and 84 Oteen Church Road Asheville, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four homes with six separate living units on 4.79 acres; Main residence at 72 Oteen Church Road is 5,900+ sq. ft.; Three living areas in the main residence, each with a kitchen, living room, and laundry facilities
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