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    Asheville, NC Residential Income Properties for Sale

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    Found 54 residential income properties for sale in Asheville, NC, averaging $314/sq ft. Use valuation data to compare deals faster.
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    4-Unit Quadplex with Rear Decks
    Updated: Sep 24
    4-Unit Quadplex with Rear Decks

    332 S Beaumont Street, Asheville, NC 28801

    $675,000
    0.31 AC lot
    Four‑unit multifamily property on 0.31 acres
    Fully occupied by long‑term tenants
    Rear decking with sliding glass door access at each unit
    Mountain and downtown views
    Upper‑level off‑street parking for 6+ vehicles
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    Quadplex with Remodeled Unit
    Updated: Aug 25
    Quadplex with Remodeled Unit

    37 Water Street, Asheville, NC 28801

    $540,000
    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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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    200 Courtland Place, Asheville, NC 28801

    $865,000
    0.23 AC lot

    Separate residences include a finished basement apartment, creating multiple living arrangements on a 0.23-acre parcel.

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    See hot listings in Asheville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Renovated 6-Unit Apartment Building
    Renovated 6-Unit Apartment Building

    295 E Chestnut St, Asheville, NC 28801

    $1,095,000
    3,875 sqft

    The apartment mix includes four one-bedroom units and two studios, each with its own electric meter.

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    Quadplex with Remodeled Unit
    Quadplex with Remodeled Unit

    37 Water Street, Asheville, NC 28801

    $540,000
    0.10 AC lot

    Three apartments are rented, while a renovated one-bedroom unit is vacant for occupancy or leasing.

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    Three-Cottage Triplex with Workshop
    Three-Cottage Triplex with Workshop

    260 Bull Creek Road, Asheville, NC 28805

    $1,150,000
    1.61 AC lot

    Two one-bedroom cottages and a two-bedroom home provide a flexible residential configuration with covered porches and upgraded interiors.

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    Two-Unit Duplex with Custom Interiors
    Two-Unit Duplex with Custom Interiors

    127 Riverview Drive, Asheville, NC 28806

    $584,900
    0.03 AC lot

    Residential duplex with separate upstairs and downstairs layouts, shared association costs, and access to West Asheville amenities.

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    Historic Character Quadplex
    Historic Character Quadplex

    41 Panola Street, Asheville, NC 28801

    $799,000
    3,066 sqft

    Four leased apartments offer an established residential income profile in a historic Asheville setting.

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    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    144 Hanover Street, Asheville, NC 28806

    $675,000
    0.25 AC lot

    Six-bedroom residential property with RM8 zoning, public sewer, and established tenant occupancy.

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    Tenant-Occupied Triplex Portfolio Opportunity
    Tenant-Occupied Triplex Portfolio Opportunity

    214 Short Michigan Avenue, Asheville, NC 28806

    $975,000
    0.42 AC lot

    Tenant-occupied triplex rental properties zoned RM16 with a 0.42-acre lot, built in 2003, and public sewer.

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    Modern Duplex with Attached ADU
    Modern Duplex with Attached ADU

    116 Arnold Rd, Asheville, NC 28805

    $545,000
    2,274 sqft

    Two-unit property with open-concept interiors, updated finishes, and a private rear deck.

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    Brick Duplex with Two Units
    Brick Duplex with Two Units

    14 Oteen Church Road, Asheville, NC 28805

    $469,900
    0.28 AC lot

    Ranch-style income property with updated interiors and exterior improvements.

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    Duplex with Separate Meters
    Duplex with Separate Meters

    128 Rock Hill Road, Asheville, NC 28803

    $649,000
    0.22 AC lot

    The two units have individual gas and electric meters, as well as separate mailboxes.

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    Cottage Triplex with Loft Units
    Cottage Triplex with Loft Units

    260 Bull Creek Rd, Asheville, NC 28805

    $1,150,000
    2,764 sqft 1.60 AC lot

    Three detached rental homes offer varied layouts, covered porches, updated exteriors, and dedicated storage improvements.

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    Duplex with Lower-Level Apartment
    Duplex with Lower-Level Apartment

    6 Dailey Drive, Asheville, NC 28801

    $1,680,000
    0.13 AC lot

    A separate lower-level residence has its own entrance, kitchen, and separately metered utilities.

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    Furnished Duplex
    Furnished Duplex

    71 and 73 Panorama Drive, Asheville, NC 28806

    $649,000
    0.36 AC lot

    Two furnished residences offer flexible occupancy options with patios, modern finishes, and convenient access to Asheville amenities.

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    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    127 Riverview Drive 8 & 8b, Asheville, NC 28806

    $584,900
    1,800 sqft

    Combined condo units offer flexible living, rental, studio, or home-office arrangements in West Asheville.

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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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    Furnished Duplex
    Furnished Duplex

    71 And 73 Panorama Dr, Asheville, NC 28806

    $649,000
    2,860 sqft

    Both residences are furnished and currently tenant-occupied with leases in place.

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    Furnished Duplex Cottage Package
    Furnished Duplex Cottage Package

    15 and 16 Cottage Drive, Asheville, NC 28805

    $425,000
    0.19 AC lot

    Two renovated studio cottages include private decks, mini-split HVAC, and in-unit laundry.

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    Single-Level Duplex with Two Units
    Single-Level Duplex with Two Units

    575 Sand Hill Rd, Asheville, NC 28806

    $445,000
    1,800 sqft

    Slab construction and zero-stair entry provide practical access across the two residential units.

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    Five-Home Mobile Home Park
    Five-Home Mobile Home Park

    17 Hat Creek Drive, Asheville, NC 28806

    $1,050,000
    3.95 AC lot

    Fully leased residential income property with individual driveways, septic service, and a shared well.

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    Triplex With Covered Porch
    Triplex With Covered Porch

    174 Pearson Drive, Asheville, NC 28801

    $899,000
    4,152 sqft

    Three separate units occupy a historic home with high ceilings, wood floors, and off-street parking.

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    Renovation-Ready Duplex
    Renovation-Ready Duplex

    119 Fairfax Avenue, Asheville, NC 28806

    $279,000
    0.23 AC lot

    Two-unit bungalow with a remodeled lower apartment, an upper residence awaiting renovation, and RM8 zoning on a larger residential lot.

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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 54 active listings on our real estate platform. These investment opportunities span a total of 79,810 square feet of properties for sale, with an estimated market value of $48,920,400.

    Sale prices for residential income properties in Asheville, NC start at $227,000, averaging $959,223, and reaching up to $5,500,000 — 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 53
    Duplexes 21
    Quadplexes 9
    Short term rental properties 9
    Apartment buildings 4

    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 $607.7K
    28806 $666.8K
    28804 $1.1M
    28803 $1.2M
    28801 $1.4M

    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
    • 28801
    • 28805
    • 28803
    • 28804
    • 28704
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