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Investment Properties in Asheville & Buncombe County

Thinking about investing in Asheville real estate? Asheville is a small city with a big city feel, and it's growing – which is bringing new industry, more diversity, and a boost to the economy. Asheville, North Carolina is not only located in the beautiful Southern Appalachians, but it also has great proximity to other cities; Charlotte is only two hours away and Asheville is just three hours from Atlanta. As we see Asheville continue to grow, we'll see home prices continue to increase and inventory disappear, which means now is a great time to invest in real estate before the opportunity is gone.

Find Investment Properties for Sale in Asheville & Buncombe County

Below you will find listings for a variety of real estate typically used as investment properties, such as multi-family, short sales, and foreclosures. Create an account with us to save your favorite listings and to receive email notifications when similar properties become available. 

If you have any questions about investment properties, we're here to help! Contact Mosaic Realty today to speak to an agent who is knowledgeable about investment properties in Asheville. 

159 Charland Forest Road Asheville NC 28803

Asheville, NC159 Charland Forest Road

Price$390,000

Est. Mortgage: $/month

MLS Number CAR3821372

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Square Feet 1,196

This 1965 brick ranch charmer makes a great starter home or a successful investment property! Situated at the end of a quiet cul-de-sac and surrounded by trees, this home provides plenty of space both inside and out. Natural light floods the living room, with mountain views from the picture window. A spacious kitchen and dining area lends itself to an easy flow, with access to the large, level, fully (and newly) fenced in yard. You'll enjoy ample sunlight for a happy garden! The brand new 750 square foot deck doubles the amount of entertaining space, and leads to the yard for even more space to spread out. Short term rentals are allowed by the HOA.

Listed by Carly Esslinger of Town and Mountain Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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23 Ridge Top Acres Road Candler NC 28715

Candler, NC23 Ridge Top Acres Road

Price$135,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3819127

  • Residential
  • Bedrooms 2
  • Bathrooms 2
  • Square Feet 990

Looking for an investment opportunity within Buncombe County? This single-family home has renters already in place on a month-to-month lease who are eager to stay so you can enjoy instant returns on your investment from day one. The home offers two bedrooms and two bathrooms along with an open-concept design to enhance the bright and airy appeal of the interior. The kitchen is fit with spacious countertops, plentiful storage and a suite of all-white appliances. From here, you can make your way outside to a sizeable lot that is over half an acre, giving plenty of room to entertain. This gorgeous home is conveniently located just moments from shopping, schools, parks and I-40. The bustling center of Asheville is also less than 25 minutes (approx.) away.

Listed by Joe Butzer of Realty ONE Group Pivot Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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41 Ridge Top Acres Road Candler NC 28715

Candler, NC41 Ridge Top Acres Road

Price$175,000

Est. Mortgage: $/month

MLS Number CAR3819130

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Square Feet 1,113

On the hunt for an exciting investment opportunity within a prized pocket of Candler? This charming single-family home has renters already in place on a month-to-month lease who are eager to stay so you can enjoy instant returns on your investment from day one. The spacious layout offers three bedrooms and two bathrooms along with generous and light-filled living areas that invite you to relax. Tall ceilings and an open-concept design enhance the bright and airy appeal of the interior including in the kitchen with sweeping countertops, breakfast bar seating and a suite of all-white appliances. From here, you can make your way outside to host guests on the sun-soaked deck and admire views out over the lot which is just under half an acre in size This gorgeous home is set at the end of a quiet cul-de-sac and is conveniently located just moments from shopping, schools, parks and the I-40. The bustling center of Asheville is also less than 25 minutes (approx.) away.

Listed by Joe Butzer of Realty ONE Group Pivot Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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101 E College Street Black Mountain NC 28711

Black Mountain, NC101 E College Street

Price$340,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3818764

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Square Feet 1,525

Multiple offers received. Please submit your best and final offer by 5:00pm Sunday January 23rd. Unique opportunity within walking distance to downtown black mountain. This 3 bedroom brick ranch sits on a flat 3/4 of an acre, mostly fenced with a detached oversized 2 car garage which could be converted into a secondary living space, air bnb or investment property. Paved access on a corner lot with mature landscaping and mountain views. The home needs some TLC, updating and it has great bones. The home is currently a part of Faith Community Church and can be sold separately or with the church bringing the total acres to 1.5 acres (MLS# 3818780) with increased opportunities for residential use or re-establish a church. Zoning is R8. Check with zoning but with a zoning change possible use could be nursing facility, office space, childcare facility and more.

Listed by Rhett McCary and Eddie Colley of Keller Williams - Black Mtn.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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231 Bowling Park Road Asheville NC 28803

Asheville, NC231 Bowling Park Road

Price$270,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3822061

  • Condo
  • Property SubType CONDOMINIUM
  • Bathrooms 1
  • Year Built 2006
  • Square Feet 550

Nestled in the BLUE RIDGE MOUNTAINS in the heart of BILTMORE VILLAGE, RESIDENCES AT BILTMORE is an upscale condominium community only minutes to DOWNTOWN Asheville, Biltmore Estate, & Mission Hospital. Walk to restaurants, local galleries & shops. This open floor plan condo offers a private entrance, patio, gas fireplace with all furniture, appliances, dishes & linens included. Amenities include, elevator, pool, hot tub, gym, concierge, restaurant and a brand NEW EVENT SPACE for weddings and conferences. Amazing location for an investment condo at this price point and it's pet friendly! The RESIDENCES is known for its short-term rental history, making it an excellent investment opportunity as well as your MOUNTAIN GETAWAY!!

Listed by Angela Booher of Beverly-Hanks,Executive Park

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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11B Pearl Street Black Mountain NC 28711

Black Mountain, NC11B Pearl Street

Price$295,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3818979

  • Residential
  • Bedrooms 2
  • Bathrooms 2
  • Square Feet 1,070

One level 2 Bedroom/ 2 Bath Townhome in Black Mountain! This great townhome is close to downtown Black Mountain in a quiet residential area with a fenced yard and private, covered back patio. Could be a great starter home or investment property. These townhomes share a wonderful greenspace for residents. Enjoy low maintenance living with all the conveniences of being in town! (Vacation Rentals are not permitted)

Listed by Holly Lindsey of Noble & Company Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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27 Farm Hills Lane Fletcher NC 28732

Fletcher, NC27 Farm Hills Lane

Price$225,000

Est. Mortgage: $/month

Pending

MLS Number CAR3812175

  • Residential
  • Bedrooms 2
  • Bathrooms 1
  • Square Feet 865

Over 1 acre with views in the Cane Creek area. This gorgeous property offers many building sites, a 2 bedroom cottage that needs a little TLC, green pastures, and mountain views. This homeplace is convenient to Asheville, Fletcher, and Fairview. Bring your horses or create a multi-family lifestyle on this fabulous farm. The 2 bedroom cottage is being sold AS IS. Showings are available with prequalification letter only. Please keep right at the fork in the driveway, the left side of fork is private property!

Listed by Stacy Lewis of Realty ONE Group Pivot Hendersonville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5 Pine Ridge Drive Fairview NC 28730

Fairview, NC5 Pine Ridge Drive

Price$285,000

Est. Mortgage: $/month

Pending

MLS Number CAR3820002

  • Residential
  • Bedrooms 3
  • Bathrooms 1
  • Square Feet 1,008

Lovely home or investment property with fenced back yard. Cozy 3 bed, 1 bath with central AC, features large pantry and laundry off the kitchen. Enjoy the wonderful outdoor space, covered deck, and distant winter view! Extra storage in the detached shed. Swing set conveys. Quiet street yet close to Charlotte Hwy shopping, restaurants, and breweries. Just 20 min. to downtown Asheville, half-way between Black Mountain and downtown Hendersonville, and 20 minutes to Asheville Regional Airport.

Listed by Deanna Pittard of Beverly-Hanks,South

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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323 Broadway Street Asheville NC 28801

Asheville, NC323 Broadway Street

Price$3,200,000

Est. Mortgage: $/month

MLS Number CAR3819387

  • MultiFamily
  • Bedrooms 2
  • Square Feet 9,079

The Broadway Lofts: 2020 3-story mixed-use income-producing investment, close to downtown amenities. Adjacent to Reed Creek Greenway and historic Montford. 9,000+ SF w/4 vacation rental units, 2 street level commercial units, rooftop deck, covered parking. Each vacation rental: 2 bedrooms w/ensuites, open concept kitchen, dining, living. Floor to ceiling windows, Juliet balconies. Each unit conveys furnished, with all FF&E, mgmt. company in place. See links below. Street level units ideal for office or retail w/large patio entrances, high visibility on busy corridor. High ceilings, glass walls, sealed concrete floors. Shell condition, ready for tenant's finishes. Rooftop deck: mountain views, built-in propane fire pit, grill, cooking area for all tenants. Nice common area corridors, new elevator from garage to rooftop. Onsite covered parking, surface spaces.

Listed by Stephanie West of Whitney Commercial Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

43 M L Reagan Drive Candler NC 28715

Candler, NC43 M L Reagan Drive

Price$199,900

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3818514

  • Residential
  • Bedrooms 2
  • Bathrooms 1
  • Square Feet 784

Welcome to your very own piece of heaven! Stunning 1.3+ acre property with end-of-road privacy, lushly treed perimeter & completely renovated 1992 singlewide mobile home with 2 bedrooms & 1 bath. New kitchen, drywall, vaulted ceilings, new roof, & new vinyl & hardiboard siding (being installed now). Large covered front deck overlooking expansive pasture-like lot (amazing vista). Detached garage/shed being used as workshop but with unlimited possibilities. Multi-tiered stone patio ideal for firepit and outdoor entertaining. Enjoy as-is, as an Air B&B investment, or build your dream mountain home on several exceptional building sites and live in current home during construction. Unbeatable location close to everything - 15 mins to downtown AVL, Biltmore & all the best the city has to offer. You must see to fully appreciate the beauty and opportunity of this amazing mountain property. Showings begin Wed, Jan 12th. PLEASE NO DRIVE-BY's out of respect for neighbors along shared road/drive.

Listed by Brian Peinkofer of Dawn Wilson Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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90 Reems Creek Road Weaverville NC 28787

Weaverville, NC90 Reems Creek Road

Price$350,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3818337

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Square Feet 1,128

A stone's throw to Historic Downtown Weaverville, this super cute cottage sits on a large .55 acre lot. One level living with a "just right" sized floor plan. Hardwood floors in main living areas. Sunny kitchen with tons of cabinets and tile counters. Dining area opens to cozy screened in porch overlooking the level yard. Ideal property for starting out or slowing down or as an investment. Town of Weaverville allows short-term rentals, so there's a ton of opportunity to turn this into a successful vacation rental.

Listed by Lynn Bolser of Nest Realty Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

68 W Oakview Road Asheville NC 28806

Asheville, NC68 W Oakview Road

Price$399,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3817747

  • Residential
  • Bedrooms 4
  • Bathrooms 3
  • Square Feet 3,108

Incredibly spacious home with tons of character and distinct charm. This one-owner home has fantastic bones and is waiting for the new owners to make it their own. Open and bright floor plan with gleaming hardwood floors, vaulted ceilings and skylights. Sunny kitchen with tons of custom cabinets. Great spaces to entertain, with the living/dining area opening to the huge deck. Three bedrooms and two full baths on main level. Additional bedroom, bathroom and living area on lower level with separate entrance - ideal for extended family or potential short-term rental. Plenty of room for hobbies and storage in the basement workshop and outbuilding. Great investment opportunity! Property is being sold AS-IS. Convenient to shopping, dining and schools and less than 15 minutes to Downtown Asheville, yet outside of city limits.

Listed by Marlene Clevenger of Nest Realty Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

Broker Reciprocity © 2022 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of January 25, 2022 2:51 AM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.