Triplex

Asheville, NC Triplexes for Sale

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Wilmington, NC Weaverville, NC King, NC Marion, NC Woodfin, NC Arden, NC Murphy, NC Leicester, NC
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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Cape Cod Triplex with Three Cottages
Updated: Jun 24
Cape Cod Triplex with Three Cottages

260 Bull Creek Road, Asheville, NC 28805

$1,250,000
1.61 AC lot
Three separate cottages on a 1.61‑acre lot
2009‑built Cape Cod‑style triplex with gas fireplace in the larger cottage
Two 1‑bedroom cottages with lofts, covered porches, carports, and unfinished storage
Exteriors freshly painted in 2024 and new HVAC units installed in all three homes
Two leases are month‑to‑month; one transfers to month‑to‑month on September 1
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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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Triplex With Covered Porch
Triplex With Covered Porch

174 Pearson Drive, Asheville, NC 28801

$985,000
4,152 sqft

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

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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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Triplex with Front and Rear Mountain Views
Triplex with Front and Rear Mountain Views

2482 Elk Way, Newport, TN 37821

$379,999
3,561 sqft 0.78 AC lot

Turnkey triplex with three leased 1-bedroom units, a brand-new roof, and new HVAC systems.

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Triplex with Mountain Views
Triplex with Mountain Views

2482 Elk Way, Newport, TN 37821

$379,999
0.78 AC lot

Ranch triplex with three one-bedroom units, public water and septic, and mountain views front and rear.

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Three-Level Short-Term Rental Cottage
Three-Level Short-Term Rental Cottage

12 Lila Lane, Clyde, NC 28721

$265,000

Three-level cottage in Mount Soma gated community with mountain views and independent living spaces on each level.

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Triplex-Style Three-Level Cottage Condo
Triplex-Style Three-Level Cottage Condo

14 Lila Lane, Clyde, NC 28721

$225,000

2012-built cottage in Mount Soma, with three levels designed as separate living quarters and private decks.

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Asheville, NC Triplexes Market Trends and Statistics

Explore 5 triplexes for sale in Asheville, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,037 square feet of properties for sale, with an estimated market value of $4,900,000.

Sale prices for three-family homes in Asheville, NC start at $975,000, averaging $1,225,000, and reaching up to $1,690,000 — 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 15
Apartment buildings 9
Short term rental properties 9
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
28806 $975K
28805 $1.3M
28804 $1.7M

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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