Quadplex

Asheville, NC Quadplexes for Sale

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Quadplex with Remodeled Unit
Updated: Aug 25
Quadplex with Remodeled Unit

37 Water Street, Asheville, NC 28801

$570,000
0.10 AC lot
Four‑unit property with four approximately 500‑square‑foot apartments
Four one‑bedroom, one‑bath apartment layouts
One remodeled unit is vacant; three units are currently rented
Common basement and laundry area available to tenants
RS8 zoning on a 0.103‑acre parcel
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Quadplex with Remodeled Unit
Updated: Aug 25
Quadplex with Remodeled Unit

37 Water Street, Asheville, NC 28801

$570,000
0.10 AC lot
Four approximately 500‑square‑foot, one‑bedroom/one‑bath apartments
One fully remodeled unit is vacant; three units are currently rented
Common basement and laundry area available to tenants
1925 construction on a 0.103‑acre lot
RS8 zoning and public sewer
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CBI-Zoned Quadplex Near Downtown
CBI-Zoned Quadplex Near Downtown

181 Merrimon Avenue, Asheville, NC 28801

$899,000
0.41 AC lot

Multiple layouts include studios, one-bedroom, and two-bedroom apartments with private outdoor areas.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Quadplex
Well-Maintained Quadplex

503 Leonard Street, Greeneville, TN 37745

$285,000
2,016 sqft 0.49 AC lot

Four occupied one-bedroom units with individual utilities and public water and sewer service.

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Quadplex with Detached Studio
Quadplex with Detached Studio

111-113 Stewart Street, Hendersonville, NC 28792

$650,000
2,739 sqft

Adaptable property combines separate living, gallery, studio, and short-term rental spaces within a walkable setting.

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Renovated Hendersonville Multifamily Investment
Renovated Hendersonville Multifamily Investment

526 Fleming St, Hendersonville, NC 28739

$1,025,000

Turnkey 9-unit multifamily community in Hendersonville, North Carolina.

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Well-Maintained Four-Unit Quadplex
Well-Maintained Four-Unit Quadplex

1-4-503 Leonard St, Greeneville, TN 37745

$295,000

Fully occupied residential property with month-to-month leases and individually metered electric service.

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Asheville, NC Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Asheville, NC, showcased through 3 active listings on our real estate platform.

Sale prices for four-unit buildings in Asheville, NC start at $570,000, averaging $679,666, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 13
Short term rental properties 9
Apartment buildings 8
Triplexes 5
Mobile home & RV parks 2

Demographics Overview

Population 139K
Population Growth (5Y) +4.9%
Median Household Income $66,351
College Educated 33.1%

High-Yield Neighborhoods for Investment

Identify Asheville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28801 $998K
28806 $1.6M

Taxes & Financing

Tax Rate (average for all types) 0.91%
Property Tax per SF $11.15 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Buncombe County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Asheville fall within the 10,000 to 25,000 square foot range.

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