PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers six income-producing homes across four adjacent PINs, including three singlewide and three doublewide homes "” all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways "” a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well, while the fourth parcel is connected to public water and septic, offering flexibility for future planning or expansion. With four contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain six established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover "” ideal for both new and seasoned investors.
Highlights: "¢ Six homes total "” 3 singlewides and 3 doublewides "¢ Fully leased with strong rental history "¢ Four adjacent PINs with development potential "¢ 3 parcels on septic with shared well; 1 on public water and septic "¢ Ample parking and private driveways "¢ Convenient to downtown Asheville, shopping, and highways "¢ Peaceful setting with strong tenant demand.
This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it's a rare opportunity in Asheville's growing market. Whether you're expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.
Property Type(s):
Multi Family
|
Year Built
|
0
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Johnston/Eblen |
| Jr. High School |
Clyde A Erwin |
| High School |
Clyde A Erwin |
Additional Details
| AIR |
Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Other |
| BASEMENT |
Crawl Space, Other |
| HEAT |
Heat Pump |
| LOT |
4.72 acre(s) |
| LOT DESCRIPTION |
Cleared, Level, Rolling Slope, Views, Wooded |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Septic Tank |
| WATER |
Shared Well |
Location
Listed with Edwards Realty LLC
Date last updated: 1/6/26 11:32 PM PST
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This IDX solution is (c) Diverse Solutions 2026.
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