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    Asheville, NC Residential Income Properties for Sale

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    Duplex Residence with Covered Parking
    Updated: May 29
    Duplex Residence with Covered Parking

    26 Elkmont Drive, Asheville, NC 28804

    $550,000
    2,369 sqft · 0.41 AC lot
    1964 home in North Asheville with 5 bedrooms and 3 bathrooms
    Two levels with separate entries—options include main‑level living with a rented lower unit, renting both as a duplex, or converting back to a single‑family home
    Wide picture window and covered parking with shaded entry
    Large, lush, usable yard with mature trees
    Additional lot next door available: PIN 973086152900000 (listed with price of $660,000 including lot or $550,000 without lot)
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    Triplex with Covered Parking
    Updated: Jun 24
    Triplex with Covered Parking

    260 Bull Creek Road, Asheville, NC 28805

    $1,250,000
    1.61 AC lot
    Three rental cottages completed in 2009 on a 1.6‑acre lot
    Income: each unit rents for $2,000/month, for total $6,000/month
    Larger cottage: 2 bed/1 bath with cathedral ceilings, gas fireplace, granite counters, and hardwood floors
    Two additional cottages: 1 bed/1 bath mirror copies with lofts, soaring ceilings, covered front and back porches, and granite countertops
    Updates: exteriors freshly painted in 2024; new HVAC units for all 3 (see Res'l. Discl. for dates by unit)
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    2024-Built Duplex Residence
    2024-Built Duplex Residence

    30 and 32 View Street, Asheville, NC 28804

    $525,000
    0.25 AC lot

    Newer duplex with two 2-bedroom units, covered porches, and separate utility metering for owner-occupant or investor use.

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    Two-Unit Condo Duplex
    Two-Unit Condo Duplex

    127 Riverview Drive, Asheville, NC 28806

    $599,900
    0.03 AC lot

    Two condo units sold together, including upstairs 2BR and downstairs 1BR efficiency, with new HVAC system.

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    Turnkey Duplex with Two Separate Units
    Turnkey Duplex with Two Separate Units

    128 Rock Hill Road, Asheville, NC 28803

    $699,000
    0.22 AC lot

    Like-new two-unit duplex built two years ago, offering flexible bedroom configurations and separate utilities for long-term rental use.

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    Asheville Duplex: Turnkey Investment
    Asheville Duplex: Turnkey Investment

    71 and 73 Panorama Drive, Asheville, NC 28806

    $695,000
    0.36 AC lot

    Well-maintained 2019 duplex near downtown Asheville. Fully furnished.

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    Duplex with Attached ADU
    Duplex with Attached ADU

    116 Arnold Road, Asheville, NC 28805

    $575,000
    0.15 AC lot

    Modern 2022 duplex-style home with an attached ADU, granite finishes, stainless appliances, and a private rear deck.

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    Asheville Multifamily Investment Opportunity
    Asheville Multifamily Investment Opportunity

    135 Sardis Drive, Asheville, NC 28806

    $600,000
    2.06 AC lot

    High-yield investment property with multiple income streams and upside potential.

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    Residential Income Property with Two Homes
    Residential Income Property with Two Homes

    4 and 6 Mountain View Road, Asheville, NC 28806

    $369,000
    0.84 AC lot

    Two separate residences sit on a flat, buildable parcel with access from two roads in West Asheville.

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    Renovated Cottage Duplex Property
    Renovated Cottage Duplex Property

    15 and 16 Cottage Drive, Asheville, NC 28805

    $449,000
    0.19 AC lot

    Two renovated studio cottages offered turn-key for short-term stays, with in-unit laundry and private back decks.

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    Historic Mixed-Use Asset, Asheville, NC
    Historic Mixed-Use Asset, Asheville, NC

    9-13 Broadway Street, Asheville, NC 28801

    $3,500,000
    0.12 AC lot

    Fully leased, updated mixed-use property in downtown Asheville.

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    Riverfront Multi-Property Compound
    Riverfront Multi-Property Compound

    1057, 1061, 1063 Riverside Drive, Asheville, NC 28804

    $1,720,000
    0.51 AC lot

    Three residential income properties positioned along Riverside Drive with French Broad River views for flexible short-term rental use.

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    Two-Home Riverfront Compound
    Two-Home Riverfront Compound

    1061 and 1063 Riverside Drive, Asheville, NC 28804

    $1,175,000
    0.34 AC lot

    Two riverside properties on Riverside Drive offer a lifestyle-forward setup for short-term rental use in Asheville.

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    East Asheville Renovated Duplex
    East Asheville Renovated Duplex

    25 Browndale Road, Asheville, NC 28805

    $469,500
    0.22 AC lot

    Move-in ready duplex in trendy East Asheville neighborhood.

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    Renovated Duplex with Private Yards
    Renovated Duplex with Private Yards

    18 Oteen Park Place, Asheville, NC 28805

    $474,000
    0.13 AC lot

    Turn-key duplex with renovated units, private outdoor space, and dedicated parking for easy owner-occupant or rental use.

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    Asheville Multifamily Investment Opportunity
    Asheville Multifamily Investment Opportunity

    18 Hat Creek Drive, Asheville, NC 28806

    $1,050,000
    3.95 AC lot

    Fully leased property with five homes near downtown Asheville.

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    Asheville Multifamily Property with Development Potential
    Asheville Multifamily Property with Development Potential

    20 Homewood Drive, Asheville, NC 28803

    $289,900
    0.50 AC lot

    Versatile property in Oakley community with investment and development opportunities.

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    Split-Level Residence with Separate Entrance
    Split-Level Residence with Separate Entrance

    289 Riverview Church Road, Asheville, NC 28806

    $415,000
    0.52 AC lot

    Split-level home with separate lower-level entrance and flexible layout in an R-3 zoning setting.

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    Asheville Home with ADU Rental
    Asheville Home with ADU Rental

    6 Belvedere Road, Asheville, NC 28803

    $435,000
    0.13 AC lot

    Newer home with ADU near Biltmore Village.

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    Duplex with Greenway Access
    Duplex with Greenway Access

    448 Sand Hill Road, Asheville, NC 28806

    $350,000
    0.16 AC lot

    Duplex with two vacant 2-bedroom units and direct Hominy Creek Greenway access for flexible owner-occupant or rental use.

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    Two-House Residential Income Property
    Two-House Residential Income Property

    75 Cisco Road, Asheville, NC 28805

    $598,500
    0.42 AC lot

    Two houses on one level lot provide flexible living or income with an on-site short-term rental cottage.

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    West Asheville Multifamily Investment Opportunity
    West Asheville Multifamily Investment Opportunity

    17 & 19 Hubbard Avenue, Asheville, NC 28806

    $624,000
    979 sqft · 0.29 AC lot

    Three units in two homes near Haywood Road corridor.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Asheville, NC Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Asheville, NC, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 19,414 square feet of properties for sale, with an estimated market value of $7,309,000.

    Sale prices for residential income properties in Asheville, NC start at $525,000, averaging $1,461,800, and reaching up to $4,600,000 — 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

    Multifamily properties 32
    Duplexes 15
    Short term rental properties 6
    Apartment buildings 4
    Single family properties 3

    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
    28805 $579.3K
    28803 $714.8K
    28806 $934.3K
    28801 $2.6M
    28804 $4.5M

    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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    Most Searched ZIP Codes in Asheville, NC

    • 28806
    • 28805
    • 28804
    • 28801
    • 28803

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