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      Investment Property

      The investment property market is alive and well here in the Asheville NC area. Asheville North Carolina continues to be a place that people come from all over to vacation, purchase homes, find land or to pick out that perfect piece of real estate. Contact Green Mountain Realty or call us at (828)-215-9064 for all of your rental homes or rental home real estate needs here in the Asheville area.Asheville Rental Homes

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3247464

      • MultiFamily Multi-Family
      • Square Feet 19364
      • Zoning Institutional
      • Modification Date 03/08/2017
      • Year Built 1931

      Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15, 448SF building (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      MLS Number 3242509

      • Commercial
      • Square Feet 19364
      • Bathroom 17.5
      • Units 1
      • Acreage 1.93

      Build new condos in historic Biltmore Village! Rare investment opportunity on 1.93 acres in the heart of the Village in Asheville! On the National Historic Register, this 11-unit luxury condominium complex was converted from the historic Biltmore Hospital in 2005. Offered are 8 remaining fully furnished 2 bedroom condos zoned to allow short term vacation rental, 30 spaces off-street parking, and the recorded DEVELOPMENT RIGHTS for an add'l 15, 448 SqFt bldg (see PIN#9647-79-0174-R0001). Elevator.

      Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1550 Hendersonville, Asheville, NC 28803

      Price$5,000,000The price has recently decreased

      MLS Number NCM594271

      • Commercial
      • Units 1
      • Acreage 1.58
      • Year Built 2004
      • Modification Date 01/27/2017

      Investment opportunity. Center is completely leased. Cap rate 7.2%. Anchor tenants: table wine, roly poly, color lounge, bella sole hair studio, cici nails, aaa travel, music store. Cam-ti includes taxes, insurance, water & sewer.

      Listed by Melissa Moore of Pulliam Properties, Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      122 Riverside, Asheville, NC 28801

      Price$2,200,000The price has recently decreased

      Pending

      MLS Number 3242551

      • Commercial
      • Square Feet 7954
      • Bathroom 6
      • Units 1
      • Acreage 0.63

      Rare opportunity in the heart of the River Arts District to own a high profile & iconic income-producing property. The Cotton Mill Studios has two floors of fully tenanted space, currently configured into 8 units (metered separately for electric). This solid and updated commercial building offers investment potential with upper-level river views, natural light, beautiful flooring and off-street parking. Basement with potential storage capacity & two loading docks.

      Listed by Modern Asheville Real Estate of Keller Williams - Sapphire

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      19 Zillicoa, Asheville, NC 28801

      Price$2,150,000The price has recently decreased

      Pending

      MLS Number NCM560680

      • Commercial
      • Square Feet 13143
      • Units 1
      • Acreage 0.78
      • Zoning Commercial

      UNDER CONTRACT - TAKING BACKUPS. Great investment! Historic Montford/Highland Park, 13, 143-square foot office building. Stone exterior, hardwood floors, high ceilings, extensively renovated with sprinklers, central HVAC, CATV wiring, and ample parking. Strong leases on first and second floors with 1, 639 square feet available on the third floor and 2, 085 square feet available on the second floor. Additional PIN 9639-95-2147-00000.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      131 Glenn Bridge, Arden, NC 28704

      Price$1,999,000The price has recently decreased

      Pending

      MLS Number 3213209

      • Commercial
      • Units 3
      • Acreage 4.72
      • Year Built 1988
      • Modification Date 11/17/2016

      GlenArden Business Park consists of 3 buildings on a manicured 4.72 acre campus. FULLY LEASED investment property. Building 1 - 19, 544 SF of office/warehouse divided into two units. Building 2 - 3, 320 SF of Office/Warehouse Building 3 - 6, 008 SF of Office/Warehouse Additional information is available upon request.

      Listed by Curtis Burge of Covestar Investment Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      82 Old Mars Hill, Weaverville, NC 28787

      Price$957,697The price has recently decreased

      MLS Number 3203977

      • Commercial
      • Units 8
      • Acreage 3.18
      • Year Built 1997
      • Modification Date 03/23/2017

      Great investment in storage units in the Weaverville area. This includes 100 storage units with room for more on 3.16 acres of land. 1 acres is cleared and ready for move storage units. Visible from I-26 and just off of exit 17. 8 buildings consisting of 14-5x10 units, 61-10x10 units, 22-10x20 units, 3-20x24 units and space for RV/Camper storage sites.

      Listed by Debra Marshall of Century 21 Mountain Lifestyles

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      34 Orange, Asheville, NC 28801

      Price$935,000The price has recently decreased

      Pending

      MLS Number 3234616

      • Commercial
      • Square Feet 3543
      • Bathroom 2
      • Units 1
      • Acreage 0.41

      Fully leased until early spring 2017 - Excellent investment property in the heart of the city business district with 24 dedicated parking spaces. Flexible use space including separate 2nd floor entrance so that floors could be used independently. New roof in 2013. Broker is owner.

      Listed by Margaret Vestal of RE/MAX Executive

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      127 McDowell, Asheville, NC 28801

      Price$875,000The price has recently decreased

      MLS Number 3192404

      • Commercial
      • Acreage 0.84
      • Year Built 1972
      • Modification Date 03/27/2017

      Excellent Visibility for this Office Building on a Busy Corridor of Asheville's Medical District. Approx 135 Ft of Road Frontage on McDowell Street, across from Mission Campus. Property has formerly been a Mortuary. 1, 200 SF Garage could be Converted into Usable Office Space! Great Investment Potential or Property Could Be Re-Developed! Square Footage is from Appraisal-to be Verified by Buyer.

      Listed by James Diaz of Covestar Investment Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      762 Biltmore, Asheville, NC 28803

      Price$825,000The price has recently decreased

      MLS Number 3190673

      • Commercial
      • Acreage 0.31
      • Year Built 1973
      • Modification Date 02/23/2017

      Property for sale includes a 5-year NNN lease with tenant paying $2800 mo plus NNN with one 5-Year option. Great location close to Biltmore Village and minutes to Memorial Mission Hospital and downtown Asheville. GREAT Investment Opportunity!

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1, 15, 17 Zillicoa, Asheville, NC 28801

      Price$775,000The price has recently decreased

      MLS Number NCM560683

      • Commercial
      • Square Feet 5032
      • Units 3
      • Acreage 0.68
      • Zoning Commercial

      Three separate office buildings with multiple tenants in historic Montford/Highland Park. Investment and/or owner user. 1 Zillicoa Street is 2, 478 square feet. 15 Zillicoa Street is 649 square feet. 17 Zillicoa Street is 1, 218 square feet. Additional PIN 9639-95-2376-00000.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      61 Winters Haven, Fairview, NC 28730

      Price$695,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3154120

      • Residential Single Family
      • Bathroom 5
      • Square Feet 4316
      • Bedrooms 5
      • Acreage 1.26

      Attention VRBO owners looking for a great investment!!! Surrounding homes at almost full VRBO occupancy. Luxury Timberframe home-5 BRMS (2 with bonus play or sleeping lofts), 4.5 BA, 3 LVRM & gourmet kitchen. Separate master suite on main level, open floor plan and over 450 sqft of deck w/ covered porches! This custom-built home would make a magnificent vacation home or full-time residence with low maintenance, energy efficiency, privacy, winter views and proximity to Asheville (11 minutes!).

      Listed by LeNoir Medlock of Preferred Properties

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      24A, B, 26A, B, 9999 Triple H, Asheville, NC 28816

      Price$669,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3244595

      • MultiFamily Multi-Family
      • Subdivision Spiveys View
      • Square Feet 3986
      • Modification Date 03/11/2017
      • Year Built 2009

      Unique Investment property, in desirable West Asheville, off Sand Hill Road, Location is great, minutes to I-40, I-26, shopping mall, and groceries, pharmacies and other. There are one Triplex, and a duplex situtatued on .92 acres at the end of a cal-decsec. All units have heat, air, 2/beds, 1 bath, with a attached garage for each unit. One unit does not have a dishwasher, all the rest do. Owner furnishes water, and sewer. Washer/dryer hook-up, Cable TV available. Great investment

      Listed by Dick McKinney of Coldwell Banker Commercial King

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      59 Shady Ridge, Asheville, NC 28805

      Price$550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3255678

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2293
      • Bedrooms 3
      • Acreage 2

      MOUNTAIN HOME with separate apartment! Comfy & Private 3 BR, 2 1/2 Bath home with detached TRIPLE garage with 1200 SF, 2 BR, 1 BA apartment above, perfect for vacation rental, family or investment! Set on 2 acres with mountain views and soothing waterfall feature, located close to Warren Wilson College and just minutes to downtown Asheville! Home features 2 living areas, gourmet kitchen, spacious bedrooms, decks on front & back, rich colors and fenced yard! MOVE IN READY SO - SEE IT SOON!

      Listed by The Armour Team of Keller Williams - Sapphire

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1356 Heathbrook, Asheville, NC 28803

      Price$499,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3227641

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2700
      • Bedrooms 3
      • Acreage 0.17

      Stunning home in desired Biltmore Park. This 3BD/2.5 home has hardwood floors, carpet in bedrooms and tile in kitchen and bathrooms. 2 Bedrooms and 2 bonus rooms upstairs with a full bathroom. Stainless appliances, gas fireplace, master on main. Home backs up to the trail of Biltmore Park. Walk to shops and Thy Reuter Y! Highly desired school district. This home has been a rental for nearly five years at $2250/mo. Tenants in place at this time, would like to stay if purchased as an investment.

      Listed by Heidi Coates of Bear Creek Realty and PM

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1750 Pisgah, Candler, NC 28715

      Price$450,000The price has recently decreased

      MLS Number 3218699

      • Commercial
      • Square Feet 5424
      • Units 1
      • Acreage 2.11
      • Year Built 1961

      Well-suited for conversion to auto service, craft/consignment sales, community/event center, construction company, production/storage use, business services, subdivision sales office, etc. Previously used by Upper Hominy Voluntary Fire Dept. Covered pavilion (picnic area) and open field make this site great for special events or small production/craft use. Convert this structure into a secure, multi-use investment property or short-term rental investment!

      Listed by Mark Morris of NAI Beverly-Hanks

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      120, 122, 122.5 & 124 Johnston, Asheville, NC 28806

      Price$400,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3259551

      • MultiFamily Multi-Family
      • Square Feet 3018
      • Modification Date 03/15/2017
      • Year Built 1948

      Killer Investment opportunity, 4 Single Family Homes next to Walkable West Asheville with rents totaling $2, 950/month! Location offers wonderful convenience and secluded feeling setting. 120 has beautiful knotty pine paneling throughout. Walking distance to Farmer Baseball Fields. Occupied by Long term tenants with an average tenancy of 2.5yrs. Rental history available.

      Listed by Josh Meduri of Keller Williams - Sapphire

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      537 Mills Gap, Arden, NC 28704

      Price$399,900The price has recently decreased

      Pending

      MLS Number 3227918

      • Commercial
      • Square Feet 3260
      • Acreage 4.57
      • Zoning Residential
      • Year Built 1952

      Great investment opportunity with 10.5% CAP rate and plenty of room for improvement. There are 13 homes currently on the property. A 3/1 site built brick house and 2 manufactured homes will convey with sale of property. All other manufactured homes are privately owned. Currently collecting rent on 8 lots. Two manufactured homes on property need work and are not rented. One vacant lot is not rented. City water is available but current water supply is a well. Houses share multiple septics.

      Listed by Mitch Miller of Mountain Oak Properties

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      55 Conestee, Asheville, NC 28801

      Price$375,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3260125

      • MultiFamily Multi-Family
      • Square Feet 2010
      • Lot Description Sloping
      • Modification Date 03/14/2017
      • Year Built 1925

      Classic 2-story duplex just north of Downtown and less than a 5-minute walk to Trader Joes and UNCA! Two 3BR/1BA apartments with wood floors, grand sitting porches, off-street parking, and excellent rental histories. Great investment property, OR live in one and use other for long-term rental.

      Listed by Tina Garrett of Beverly Hanks & Assoc. Hendersonville

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      29 Woodhaven, Black Mountain, NC 28711

      Price$359,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3219925

      • Residential Single Family
      • Bathroom 2
      • Square Feet 2305
      • Bedrooms 3
      • Acreage 1.56

      Adorable mountain log home with covered front porch in wooded setting. Located in the gated community of Laurel Ridge this home would make a great vacation/investment property. Vaulted ceilings with stone FP in great room. Loft with sitting area and master suite. Main level has additional 2 BR/1 bath and lower level walk out basement has rec room.

      Listed by Chip Craig of GreyBeard Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      19 Fulton, Asheville, NC 28801

      Price$334,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3253337

      • Residential Single Family
      • Bathroom 1
      • Square Feet 946
      • Bedrooms 2
      • Acreage 0.13

      2 homes, 1 great location. Walk to Whole Foods, Trader Joes, Harris Teeter, downtown. Charming bungalow with artist studio? guest quarters? in law apartment? Great rental history for both. Use as investment property or live in main house & offset mortgage with smaller house. Hardwoods & bamboo flooring. Great little workshop/storage under smaller home. 2 totally fenced/private back yards. Second home has 519 sq ft. Tenant occupied 24 HR NOTICE. Leases up Aug. Taxes based on 2016 assessment.

      Listed by Colleen Crane of Exit Realty Vistas

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      37 Worley Cove, Leicester, NC 28748

      Price$310,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3234610

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1658
      • Bedrooms 3
      • Acreage 3.14

      Relax and unwind in this beautiful Mountain Retreat. Sitting on over 3 acres, this home has amazing views you can enjoy from the wrap around porch. Cathedral ceilings in the open great room where you can sit and watch the fire in the huge stone fireplace. The upgraded kitchen has granite counter tops and black appliances. The second master bedroom has an on-suite with gorgeous garden tub and mountain view. This home is a perfect primary, secondary, or investment as it has a proven rental history

      Listed by Daniel Wolfe of Keller Williams - Sapphire

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      96 West, Weaverville, NC 28787

      Price$299,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3253996

      • Residential Single Family
      • Bathroom 3
      • Square Feet 1568
      • Bedrooms 3
      • Acreage 0.52

      LOCATION, LOCATION, LOCATION! Walking distance to downtown Weaverville with two additional lots & plenty of room for parking. Tons of investment potential with this property; live in the primary residence while you build your dream home off Weverville Mainstreet, rent the residence while building spec homes on the additional lots, or enjoy the home with plenty of green space knowing that everything Weaverville has to offer is a short walk away. Amazing value for this home and two additional lots!

      Listed by Brookshire Andres Team of Carolina Mountain Sales

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      81 Westover, Asheville, NC 28801

      Price$285,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3239816

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1130
      • Bedrooms 2
      • Acreage 0.24

      Great investment opportunity located within Historic Montford, only minutes from downtown Asheville (Distance 1.2Mi.). This home is in need of a lot of work, but it is in a desirable area and on an excellent lot. The sale of this property is subject to court approval and must be made according to the terms stated in the order of the court granting such approval.

      Listed by Kyle Baliles of Mountain Oak Properties

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      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      20 Gardenwood, Asheville, NC 28803

      Price$275,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3246868

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2014
      • Bedrooms 4
      • Acreage 0.51

      Looking for a cosmetic rehab with great bones? Look no further! This large, private, traditional home is nestled back on a wooded half acre lot in Ballantree; an established, quiet, cul-de-sac neighborhood with a community park. Newer roof, 2 car garage, gas logs, central heat and air, and a large basement with an exterior entrance. Excellent investment opportunity in a hot neighborhood. Current inspection available. **13 Month Home Warranty of America warranty provided**

      Listed by Ada Dudenhoeffer of The Real Estate Center

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      Price Down Payment Interest Rate Years
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      Federal 30-year interest rate: 4.17% last updated on 2017-02-09

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      Broker Reciprocity

      Copyright 2017 NCMMLS All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NCMMLS®. Real estate listings held by brokerage firms other than Green Mountain Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers.