Tucked into the mountainside overlooking downtown Asheville, this attractive four-unit multifamily property offers a rare combination of income potential, views, and proximity to downtown. Located less than a mile from Pack Square, the property is currently fully occupied with long-term tenants and generates $3,800 in monthly rental income.
One unit was recently renovated with fresh paint and new flooring. Each unit opens onto rear decking through sliding glass doors, bringing in abundant natural light and offering outdoor space with mountain and downtown views. The upper level provides off-street parking for 6+ vehicles.
Current rents are $825, $825, $850, and $1,300 per month. Owner pays city water, sewer, and trash plus 1 unit's electricity.
A rare opportunity to own a small multifamily property within easy reach of downtown Asheville, with established rental income and room for continued improvement.
Property Type(s):
Multi Family
|
Year Built
|
1986
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Unspecified |
| High School |
Unspecified |
Additional Details
| AIR |
Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Oven, Electric Range, Refrigerator |
| BASEMENT |
Daylight, Yes |
| HEAT |
Heat Pump |
| LOT |
0.31 acre(s) |
| LOT DESCRIPTION |
Sloped, Views, Wooded |
| LOT DIMENSIONS |
0.31 |
| MLS STATUS |
Active |
| SEWER |
Public Sewer |
| STYLE |
European |
| UTILITIES |
Cable Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Mountain(s) |
| WATER |
Public |
Location
Listed with Pinnacle Lifestyle Realty LLC
Date last updated: 10/1/26 7:49 PM PDT
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