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    Asheville, NC Residential Income Properties for Sale

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    Triplex With Covered Porch
    Updated: Jul 28
    Triplex With Covered Porch

    174 Pearson Drive, Asheville, NC 28801

    $985,000
    4,152 sqft
    Three separate residential units
    4,152 square feet on a large lot
    New roof installed in 2025
    High ceilings on the main level and wood floors throughout most of the home
    Massive covered side porch
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    This listing looks promising.

    Here's a quick look at some key insights for

    174 Pearson Drive, Asheville, NC 28801

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $667K
      Suggested

    • Property Type

      Single Family Residential
      Built 1927
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    Tenant-Occupied Triplex Portfolio Opportunity
    Updated: Jul 19
    Tenant-Occupied Triplex Portfolio Opportunity

    214 Short Michigan Avenue, Asheville, NC 28806

    $975,000
    0.42 AC lot
    Tenant‑occupied triplex rental portfolio including 214 Short Michigan Avenue and 40 Mulberry Street
    Zoned RM16
    0.42‑acre lot
    Built in 2003
    Forced air heating with heat pump systems; central air conditioning
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    Duplex with Deck and Porch
    Duplex with Deck and Porch

    144 Hanover Street, Asheville, NC 28806

    $675,000
    0.25 AC lot

    Duplex in RM8 zoning with porch and deck on a quarter-acre lot, tenant-occupied with established rental income.

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    Cape Cod Triplex with Three Cottages
    Cape Cod Triplex with Three Cottages

    260 Bull Creek Road, Asheville, NC 28805

    $1,250,000
    1.61 AC lot

    2009-built Cape Cod triplex with three cottages, freshly painted exteriors, and new HVAC units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Townhome Duplex
    Two-Unit Townhome Duplex

    127 Riverview Drive, Asheville, NC 28806

    $584,900
    0.03 AC lot

    Two separately configured residences with custom finishes, efficient layouts, and a shared association structure.

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    Modern Duplex with Covered Porches
    Modern Duplex with Covered Porches

    30 and 32 View Street, Asheville, NC 28804

    $525,000
    0.25 AC lot

    R-7 zoned duplex with covered porches, central heat pump HVAC, and separate utility metering.

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    Contemporary Duplex with Attached ADU
    Contemporary Duplex with Attached ADU

    116 Arnold Road, Asheville, NC 28805

    $559,000
    0.15 AC lot

    Contemporary duplex built 2022 with attached ADU, granite counters, stainless appliances, and outdoor deck and porch.

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    Mixed-Use Property with Three Kitchens
    Mixed-Use Property with Three Kitchens

    297 Hillside Street, Asheville, NC 28801

    $950,000
    2,016 sqft

    Located in NB zoning, the property offers a flexible live/work configuration with residential and commercial use potential.

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    Duplex with Separate Units
    Duplex with Separate Units

    128 Rock Hill Road, Asheville, NC 28803

    $699,000
    0.22 AC lot

    Duplex with two separate units, featuring central heat pump HVAC, a deck, and a low-maintenance exterior on a public sewer lot.

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    Fully Furnished Duplex
    Fully Furnished Duplex

    71 and 73 Panorama Drive, Asheville, NC 28806

    $669,000
    0.36 AC lot

    Duplex with two 2-bedroom, 2.5-bath units, fully furnished and tenant-occupied with leases in place.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    9-13 Broadway St., Asheville, NC 28801

    Contact for pricing
    6,276 sqft

    Fully leased historic property built in 1920, updated in 2024, with three ground-floor retail spaces and two apartments.

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    Duplex Property with Two Homes
    Duplex Property with Two Homes

    4 and 6 Mountain View Road, Asheville, NC 28806

    $369,000
    1.04 AC lot

    Two separate residences share an R-3 corner parcel with independent entrances and access from two roads.

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    Renovated Duplex Cottages
    Renovated Duplex Cottages

    15 and 16 Cottage Drive, Asheville, NC 28805

    $444,000
    0.19 AC lot

    Paired rental units feature efficient layouts, private decks, laundry appliances, ductless climate control, and driveway parking.

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    Five-Unit Multifamily Property with Parking
    Five-Unit Multifamily Property with Parking

    891 Haywood Road, Asheville, NC 28806

    Contact for pricing
    3,300 sqft

    Five-unit multifamily building with covered porch, balcony, and ample on-site parking along the Haywood Road corridor.

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    Mobile Home Park with Single-Family Home
    Mobile Home Park with Single-Family Home

    135 Sardis Drive, Asheville, NC 28806

    $600,000
    2.06 AC lot

    Includes one single-family home and five mobile home lots on 2.06 acres, zoned R-3.

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    Modern Triplexes with River Views
    Modern Triplexes with River Views

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

    $1,690,000
    0.51 AC lot

    Three modern triplex properties built in 2022 with porch and deck features and French Broad River sunset views.

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    Mixed-Use Retail and Residential
    Mixed-Use Retail and Residential

    330 Sweeten Creek Rd, Asheville, NC 28803

    $750,000

    Ground-level coffee shop retail with a separately accessed upstairs short-term rental unit, plus dedicated parking and billboard income.

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    Riverfront Duplex Compound
    Riverfront Duplex Compound

    1061 and 1063 Riverside Drive, Asheville, NC 28804

    $1,160,000
    0.34 AC lot

    Two duplex properties built in 2022 with porches, decks, central air, and public sewer service along the French Broad River.

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    Comfortable Condo in Desirable Community
    Comfortable Condo in Desirable Community

    806 Abbey Circle, Asheville, NC 28805

    $227,000
    0.03 AC lot

    Two-bedroom condo with modern amenities and convenient location.

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    Apartment Building with Five Mobile Homes
    Apartment Building with Five Mobile Homes

    18 Hat Creek Drive, Asheville, NC 28806

    $1,050,000
    3.95 AC lot

    R-3 zoned property with five fully leased mobile homes on three adjacent parcels served by septic and a shared well.

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    Experiential Asheville Hospitality Portfolio
    Experiential Asheville Hospitality Portfolio

    75 Treehouse Hvn, Asheville, NC 28804

    Contact for pricing
    4.65 AC lot

    Unique 20-unit short-term rental portfolio near downtown Asheville.

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    Duplex Property with Greenway Access
    Duplex Property with Greenway Access

    448 Sand Hill Road, Asheville, NC 28806

    $300,000
    0.16 AC lot

    Both residences are vacant, allowing immediate occupancy or lease-up.

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    Turnkey Mixed-Use Property with Rooftop
    Turnkey Mixed-Use Property with Rooftop

    122 College St, Asheville, NC 28801

    Contact for pricing
    11,885 sqft

    Turnkey mixed-use building with furnished residences above two fully leased restaurant and bar spaces.

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    Duplex With Separate Entrance
    Duplex With Separate Entrance

    289 Riverview Church Road, Asheville, NC 28806

    $415,000
    0.52 AC lot

    R-3 zoned duplex with a separate entrance, porch and deck, plus storage and a driveway.

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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 37 active listings on our real estate platform. These investment opportunities span a total of 27,629 square feet of properties for sale, with an estimated market value of $23,024,700.

    Sale prices for residential income properties in Asheville, NC start at $227,000, averaging $852,766, and reaching up to $2,500,000 — 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 36
    Duplexes 14
    Short term rental properties 9
    Apartment buildings 8
    Triplexes 5

    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 $621.5K
    28803 $909.7K
    28806 $967.9K
    28804 $1.1M
    28801 $2.4M

    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
    • 28803
    • 28801
    • 28804
    • 28805

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