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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

      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 2017-04-27

      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

      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: 4.03% last updated on 2017-04-27

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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 2017-04-27

      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 - Weaverville

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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$1,495,000The 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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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 3.18
      • Year Built 1997
      • Modification Date 04/13/2017

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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

      Pending

      MLS Number 3192404

      • Commercial
      • Acreage 0.84
      • Year Built 1972
      • Modification Date 05/24/2017

      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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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      131/133 Monte Vista, Candler, NC 28715

      Price$797,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3267379

      • MultiFamily Multi-Family
      • Zoning Residential
      • Modification Date 05/09/2017
      • Year Built 1996

      This 6-unit apt complex is a great multi-family investment! Offered w/a 7.11% cap rate. Excellent rental history. At 100% occupancy. All units remodeled in 2015/16. New 30yr architectural shingles installed on all buildings in 2013. Fantastic location close to grocery, shopping, I-40, and 10 minutes to DT Asheville. City water & sewer. 2 parking spaces per unit, 6 guest spaces. Low-maintenance landscaping and a park-like setting. DO NOT DISTURB TENANTS. DRIVE BY'S OKAY, DO NOT WALK THE SITE!

      Listed by George Lycan of Keller Williams - Weaverville

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      131/133 Monte Vista, Candler, NC 28715

      Price$797,000The price has recently decreased

      MLS Number 3267768

      • Commercial
      • Bathroom 6
      • Units 3
      • Acreage 0.87
      • Zoning Residential

      This 6-unit apt complex is a great multi-family investment! Offered w/a 7.11% cap rate. Excellent rental history. At 100% occupancy. All units remodeled in 2015/16. New 30yr architectural shingles installed on all buildings in 2013. Fantastic location close to grocery, shopping, I-40, and 10 minutes to DT Asheville. City water & sewer. 2 parking spaces per unit, 6 guest spaces. Low-maintenance landscaping and a park-like setting. DO NOT DISTURB TENANTS. DRIVE BY'S OKAY, DO NOT WALK THE SITE!

      Listed by George Lycan of Keller Williams - Weaverville

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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$759,000The price has recently decreased

      MLS Number 3190673

      • Commercial
      • Acreage 0.31
      • Year Built 1973
      • Modification Date 04/18/2017

      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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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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-Col/Tryon

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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$535,000The 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 - Lake Lure

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      1360 Patton, Asheville, NC 28806

      Price$450,000The price has recently decreased

      MLS Number 3277213

      • Commercial
      • Square Feet 1225
      • Bathroom 1
      • Units 1
      • Acreage 0.11

      Commercial Property along one of Asheville's highest-traffic corridors, with up to 26, 000 vehicles per day. Property consists of 0.11 Acres, a 1, 225 SF Building (currently with Hair Salon tenant) and an income producing Billboard Lease. Excellent visibility makes this a valuable site. Buy as an income-producing investment or redevelop. HR-6 Zoning offers a variety of possibilities! Please do not disturb Tenants.

      Listed by James Diaz of Covestar Investment Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      125 Wellington, Asheville, NC 28806

      Price$409,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3268855

      • MultiFamily Multi-Family
      • Square Feet 1850
      • Modification Date 05/09/2017
      • Year Built 1923

      Fantastic West Asheville Home W/Separate Garage Apartment! Investment Opportunity! Main House Is Totally Remodeled & Updated, 1387 SqFt & Has 3 Bedrooms, 2 Full Tile Baths, LG Living Room W/Engineered Hardwood Floors & Vaulted Ceiling & 2 Ceiling Fans, LG Open Kitchen W/New Cabinets & New Granite Counter Tops & Engineered Hardwood Floors & Pantry, LG Covered Front Porch, Heat Pump W/Air, Home Warranty. Remodeled Garage Apartment Is 463 SqFt & Has 2 Bedrooms, Full Tile Bath, Baseboard Heat.

      Listed by Toby Davis of RE/MAX Executive

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      125 Wellington, Asheville, NC 28806

      Price$409,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3268336

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1387
      • Bedrooms 3
      • Acreage 0.27

      Fantastic West Asheville Home W/Separate Garage Apartment! Investment Opportunity! Main House Is Totally Remodeled & Updated, 1387 SqFt & Has 3 Bedrooms, 2 Full Tile Baths, LG Living Room W/Engineered Hardwood Floors & Vaulted Ceiling & 2 Ceiling Fans, LG Open Kitchen W/New Cabinets & New Granite Counter Tops & Engineered Hardwood Floors & Pantry, LG Covered Front Porch, Heat Pump W/Air, Home Warranty. Remodeled Garage Apartment Is 463 SqFt & Has 2 Bedrooms, Full Tile Bath, Baseboard Heat.

      Listed by Toby Davis of RE/MAX Executive

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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$329,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3259551

      • MultiFamily Multi-Family
      • Square Feet 3018
      • Modification Date 05/09/2017
      • 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 - Weaverville

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      3 Fielding, Asheville, NC 28803

      Price$325,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3280243

      • MultiFamily Multi-Family
      • Subdivision Biltmore Village
      • Square Feet 1792
      • Lot Description Level
      • Zoning Duplex

      Both sides of duplex are currently rented on a month to month basis, Unit A is $700.00 and Unit B is $800.00. Unit B has new laminate flooring throughout Each unit has Gas heat, nice level corner lot, Walking distance to Biltmore Village. Ideal for residence on one side and rental income from the other side, or all investment. . The tax amount is for 2016 and does not reflect the new assessed value. Listing Agent related to owner.

      Listed by Milo Garren of J D Jackson Associates, Inc.

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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$306,000The 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 - Weaverville

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

      17 Rex, Asheville, NC 28806

      Price$299,900The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3271150

      • Residential Single Family
      • Bathroom 1
      • Square Feet 1208
      • Bedrooms 2
      • Acreage 0.23

      MOTIVATED SELLER! Adorable brick ranch home in HOT West Asheville with fully landscaped fenced back lawn and great covered back porch perfect for grilling and entertaining! Open floorplan with master on main level. Two additional bedrooms and bath accessed through unfinished basement. Basement level is partially finished and could be completely finished adding almost 440 square feet to home with minimal investment or time! Great opportunity in a great area. Offering Home Warranty.

      Listed by Rowena Patton of Keller Williams - Weaverville

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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: 4.03% last updated on 2017-04-27

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

      310 Allen Mountain, Black Mountain, NC 28711

      Price$279,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3277108

      • Residential Single Family
      • Bathroom 2
      • Square Feet 1156
      • Bedrooms 2
      • Acreage 0.44

      Lying in the hills of Black Mountain, this mid-century modern captures the majestic views of the distant mountains & brings with it a calm serene like no other. Beaming with light, fresh paint, new flooring & roof, this 1-level beauty boasts open spaces, vaulted ceilings and unique details that make living & entertainment their best. Minutes from golfing, Lake Tomahawk & DT Blk Mtn, the pristine surroundings & location mark this as a solid investment or your new retirement home!

      Listed by Karen Perry of Keller Williams - Lake Lure

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      Federal 30-year interest rate: 4.03% last updated on 2017-04-27

      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.