Asheville Investment Portfolio Opportunity - Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets.
Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential.
properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.
Property Type(s):
Multi Family
|
Tract
|
Sky Harbor
|
Year Built
|
2003
|
|
Community
|
Sky Harbor
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Asheville |
| High School |
Asheville |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Electric, Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer |
| BASEMENT |
Crawl Space, Other |
| HEAT |
Central, Forced Air, Heat Pump |
| LOT |
0.42 acre(s) |
| LOT DIMENSIONS |
0.42 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Public Sewer |
| SUBDIVISION |
Sky Harbor |
| WATER |
Public |
Location
Listed with Ivester Jackson Blackstream
Date last updated: 8/18/26 1:36 AM PDT
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Properties reported may be listed or sold by various participants in the MLS
© 2026 Carolina Multiple Listing Services, Inc.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email