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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

      Pending

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      253 & 271 Tunnel, Asheville, NC 28805

      Price$4,950,000The price has recently decreased

      MLS Number 3297543

      • Commercial
      • Square Feet 14964
      • Units 2
      • Acreage 1.54
      • Zoning Commercial

      Excellent investment with upside potential. Great location in regional shopping area with high traffic count. Shopping center with new roof and busy Chili's restaurant with no landlord responsibilities. Call listing agent for full rent roll. Additional PIN 9658-16-3317-00000.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      124 College, Asheville, NC 28801

      Price$4,800,000The price has recently decreased

      MLS Number 3266251

      • Commercial
      • Acreage 0.14
      • Year Built 1912
      • Modification Date 03/30/2017

      INVESTMENT OPPORTUNITY IN DOWNTOWN ASHEVILLE! 4-floor building with elevator access. Located across the street from the City of Asheville Park Plaza. Tenants include: Room Nine, Siren Studio, Sola Salon Studios, Nebula Beauty Lab, etc...

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      65 Hartshorn, Asheville, NC 28803

      Price$2,566,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3297472

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1232
      • Bedrooms 3
      • Acreage 23.06

      Views, views, views!!! This property is a unique gem in Western North Carolina. Family owned for generations and situated 15 minutes from downtown Asheville. Whether you enjoy the vistas, run a farm, or seek an investment opportunity, this property is one of a kind. Developers wanted. City Water Access and City Sewer Available.

      Listed by Jorge Cure of Exit Realty Vistas

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      1257, 1249 Sweeten Creek, Asheville, NC 28803

      Price$1,395,000The price has recently decreased

      MLS Number 3273635

      • Commercial
      • Square Feet 11790
      • Bathroom 4
      • Units 2
      • Acreage 1.71

      2 Buildings on 1.71 Acres. A Beautifully Maintained 7,110 SF Office Building/Retail Showroom with Loading Dock and a 4,680 SF Masonry Warehouse for Storage, all w/ Ample Parking. Excellent Investment Opportunity OR Lease the Office @ $12/SF NNN or Lease the Warehouse for Storage @ $5/SF NNN. Property has Income Producing Billboard Lease as well. Great visibility with 22,000 VPD on Sweeten Creek Road, just 1.4 miles from I-40. Portions of Property in Flood Plain, but Office Building is not.

      Listed by James Diaz of Covestar Investment Realty

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      MLS Number 3306244

      • Commercial
      • Acreage 13.43
      • Zoning Residential
      • Modification Date 08/15/2017

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3306251

      • MultiFamily Multi-Family
      • Zoning Residential
      • Modification Date 08/03/2017

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      3 Eaglebear, Asheville, NC 28806

      Price$1,070,000The price has recently decreased

      Pending

      MLS Number 3288519

      • Commercial
      • Acreage 8.43
      • Zoning Residential
      • Modification Date 07/03/2017

      Wonderful investment opportunity with this MHP in desirable Asheville, NC. 24 mobile home lots. Financial documentation available. Great income potential.

      Listed by Donna Prinz of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      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$979,227The price has recently decreased

      MLS Number 3203977

      • Commercial
      • Units 8
      • Acreage 3.16
      • Year Built 1997
      • Modification Date 08/24/2017

      Great investment in storage units in the Weaverville area. This includes 100 storage units with room for more on this 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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      6 Deerborne, Weaverville, NC 28787

      Price$955,000The price has recently decreased

      MLS Number 3298049

      • Commercial
      • Units 6
      • Acreage 15.9
      • Year Built 2009
      • Modification Date 10/20/2017

      Laurel Mountain Retreat has five cabins & manufactured home, with rental history on 15+ acres in Weaverville & 10 minutes to Asheville. Constructed in 2009, cabins are fully furnished with hot tubs, HVAC, washer/dryer, kitchen & porches. Acreage includes barn, outbuildings, gardens, creek, woods & pasture. Close to outdoor recreation & downtown Asheville, makes them desirable for vacation rental & investment opportunity. Waste treatment plant onsite. Development plan for 20+ cabins available.

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

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      6 Deerborne, Weaverville, NC 28787

      Price$955,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3331180

      • MultiFamily Multi-Family
      • Subdivision None
      • Square Feet 4596
      • Modification Date 10/21/2017
      • Year Built 2009

      Laurel Mountain Retreat has five cabins & manufactured home, with rental history on 15+ acres in Weaverville & 10 minutes to Asheville. Constructed in 2009, cabins are fully furnished with hot tubs, HVAC, washer/dryer, kitchen & porches. Acreage includes barn, outbuildings, gardens, creek, woods & pasture. Close to outdoor recreation & downtown Asheville, makes them desirable for vacation rental & investment opportunity. Waste treatment plant onsite. Development plan for 20+ cabins available.

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

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      1779 Pisgah, Candler, NC 28715

      Price$950,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3276490

      • Residential Single Family
      • Bathroom 6
      • Square Feet 3471
      • Bedrooms 10
      • Acreage 4.21

      Beautiful home plus great income potential. Spacious home on apx 4.2 acres with long range views of the Mountain Pisgah and 3 apartments, 2 with 1000 sf and 1 brick cottage. Perfect potential for a bed and breakfast, mountain retreat, family complex or investment property. Custom built in-ground pool, tennis court with basketball goal, shuffle board court and mature grape vines are some of the properties many amenities. The home features many upgrades like indoor wood grill, large dining room

      Listed by Clay Plemmons of Clay

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      5 & 8 Cordell, Black Mountain, NC 28711

      Price$899,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3296381

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1916
      • Bedrooms 3
      • Acreage 1.14

      Buy THREE for the price of one with PARTIAL OWNER FINANCING! Private family compound very close to town. Beautiful main house (over 1900 sq ft), detached garage apartment (590 sq ft) and guest house (1368 sq ft)- all three combined make the ideal investment property. Guest house has separate pin 0619-79-6348. Mature landscaping, many recent updates to all three structures, large rooms/kitchens, serene outdoor spaces with new decks....this is a must see property. Excellent rental possibilities.

      Listed by Melissa Church of Keller Williams Professionals

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      50 & 52 Smith, Leicester, NC 28748

      Price$890,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3329825

      • MultiFamily Multi-Family
      • CoListAgent_MUI 29236832
      • Square Feet 7594
      • Modification Date 10/21/2017
      • Year Built 2008

      You say you want a good return on your investment? Well here it is! Fully leased eight-plex located off New Leicester Hwy now available. Most units are currently rented below market rate so this property has up-side potential. Minimal expenses -property is on well and septic with no interior common areas to maintain. Located in a quiet, peaceful and scenic area; all units have decks and a view. Listing Agent assisted showings only; please do not disturb tenants.

      Listed by Carla Barnard of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      1500 Tunnel, Asheville, NC 28805

      Price$799,000The price has recently decreased

      MLS Number 3318706

      • Commercial
      • Acreage 0.74
      • Zoning Highway Business
      • Modification Date 09/16/2017

      Retail pad available for development on one of Asheville's most desirable commercial corridors. Excellent investment opportunity to purchase a property with good visibility, high traffic counts, and easy access. Pad site is adjacent to the newly approved 86-room TRU by Hilton hotel. Note pad site to be carved from PIN. Taxes reflect entire PIN.

      Listed by Jeremy Goldstein of G/M Property Group

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      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 King

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      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$649,000The price has recently decreased

      MLS Number 3190673

      • Commercial
      • Acreage 0.31
      • Year Built 1973
      • Modification Date 08/28/2017

      Property for sale includes a 5-year NNN lease with tenant paying $3,000 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! Tenant is willing to vacate within 6-months and pay month-to-month at $3,500.

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      1 & 15 Zillicoa, Asheville, NC 28801

      Price$634,000The price has recently decreased

      MLS Number NCM560683

      • Commercial
      • Square Feet 3127
      • Units 3
      • Acreage 0.55
      • Zoning Commercial

      Two 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.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      115,119,120,121,123,126 Carver, Black Mountain, NC 28711

      Price$499,000The price has recently decreased

      MLS Number 3315471

      • Commercial
      • Square Feet 8160
      • Bathroom 10
      • Units 5
      • Acreage 1.69

      Black Mountain investment opportunity. Property includes 5 double-wide, manufactured homes on permanent foundations (each is 4BR/2BA, approx 1632 SF) and 1 level building lot. Mountain views. Listing includes 6 addresses/PINs [see brochure]. Well maintained w/ great rental history. Conveniently located: 1.5 mi to Black Mtn, 1.5 mi to Ingles Corporate Headquarters, 6.5 mi to Warren Wilson College, & 14.5 mi to downtown Asheville.

      Listed by Scott Carter of The Real Estate Center

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      115,119,120,121,123,126 Carver, Black Mountain, NC 28711

      Price$499,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3315459

      • MultiFamily Multi-Family
      • Square Feet 8160
      • Modification Date 10/19/2017
      • Year Built 2006

      Black Mountain investment opportunity. Property includes 5 double-wide, manufactured homes on permanent foundations (each is 4BR/2BA, approx 1632 SF) and 1 level building lot. Mountain views. Listing includes 6 addresses/PINs [see brochure]. Well maintained w/ great rental history. Conveniently located: 1.5 mi to Black Mtn, 1.5 mi to Ingles Corporate Headquarters, 6.5 mi to Warren Wilson College, & 14.5 mi to downtown Asheville.

      Listed by Scott Carter of The Real Estate Center

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      1417 Patton, Asheville, NC 28806

      Price$452,500The price has recently decreased

      MLS Number 3311404

      • Commercial
      • Square Feet 1658
      • Units 1
      • Acreage 0.45
      • Zoning Commercial

      Excellent investment opportunity - net lease to PNC Bank - 2 years remaining with two 5-year options to renew - 3% annual increases.

      Listed by Robert Boylan of NAI Beverly-Hanks

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      160 Porter, Asheville, NC 28803

      Price$450,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3321670

      • Residential Single Family
      • Square Feet 1168
      • Acreage 7.35
      • Zoning Residential
      • Year Built 1963

      East is the new West! Amazing investment opportunity in Oakley. Over 7 acres in East Asheville off of Onteora Blvd. Parcel to be conveyed will include approximately 7.3 acres. Includes all land and the single family residence associated with PIN 9657-75-1715, and portion of PIN 9657-75-6704. Seller nor seller's agent makes no representations as to the square footage of SFR; per tax record 160 Porter Rd is 1,120 sqft. May not enter house.

      Listed by Broker Asheville of Keller Williams Professionals

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      64 Spooks Branch, Asheville, NC 28804

      Price$430,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3306173

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1688
      • Bedrooms 5
      • Acreage 3.92

      This classic 1930's home is nestled in the heart of desirable Beaverdam area with 4 bedrooms and separate guest quarters. Ceiling in guest quarters is below 7 ft. Perfect for guests or an investment rental opportunity. Home sits on just over 4 wooded acres between Spooks Branch and Skyview Circle. This home has a classic charm of homes built in the era, and the location and acreage can't be beat!

      Listed by Rowena Patton of Keller Williams Professionals

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      4 Last Resort, Black Mountain, NC 28711

      Price$415,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3290298

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2036
      • Bedrooms 3
      • Acreage 2.55

      Rustic retreat, ultimate privacy, close to restaurant town of Black Mountain. Stunning views, crystal clear creek. 2 BR cottage plus studio or two units ready for rental investment, upper space ready to finish in studio. Two outbuildings with electricity look like tiny houses. Fruit trees, room for garden, all organic. Multiple heat sources: primarily mini-splits in both units. IMPORTANT: Tax value does not include renovation of studio, additional .44 acres. Total sf. includes guest studio

      Listed by Donette Moore of Beverly-Hanks, Executive Park

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

      41 E Chestnut, Asheville, NC 28801

      Price$405,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3302430

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1960
      • Bedrooms 3
      • Acreage 0.35

      GREAT INVESTMENT OPPORTUNITY! Double lot within a block from Trader Joe's. Home sits on .18 acres, neighboring lot is .17 acres for a total of .35 acres just blocks from 5 Points, Montford, and Merrimon Ave. Home is sold AS IS.

      Listed by Travis Price of Coldwell Banker King

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      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

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