61 State Street Asheville, NC $ 2,330,000
61 State Street
$ 2,330,000
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61 State Street

Asheville, NC, 28806
$ 2,330,000
Bedrooms-- Baths0.0 Sq 19,322

Monthly Estimate*

$ 16,093

61 State Street, Asheville, NC 28806 - Image 1
61 State Street, Asheville, NC 28806 - Image 2
61 State Street, Asheville, NC 28806 - Image 3
61 State Street, Asheville, NC 28806 - Image 4
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61 State Street, Asheville, NC 28806 - Image 9
61 State Street, Asheville, NC 28806 - Image 10

Multi-Family Home for sale in Asheville, NC

for $2,330,000. This 19,322 square foot home was built in 1904 on a lot size of 0.19.

DO NOT DISTURB TENANTS. Call listing broker for details. 24 Residential Rental Portfolio & 3 lots for Sale! Rare opportunity to scoop up 24 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748, 105 Cobra Dr, Leicester, NC 28748, 108 Cobra Dr, Leicester, NC 28748, 14 Cobra Dr, Leicester, NC 28748, 118 Cobra Dr, Leicester, NC 28748, 120 Cobra Dr, Leicester, NC 28748, 124 Cobra Dr, Leicester, NC 28748, 20 Prestwood Place, Leicester NC 28806, 4 Prickly Juniper Trl, Asheville, 28806, 6 Prickly Juniper Trl, Asheville, 28806, 7 Prickly Juniper Trl, Asheville, 28806, 8 Prickly Juniper Trl, Asheville, 28806, 9 Prickly Juniper Trl, Asheville, 28806, 14 Prickly Juniper Trl, Asheville, 28806, 24 Prickly Juniper Trl, Asheville, 28806, 26 Prickly Juniper Trl, Asheville, 28806, 28 Prickly Juniper Trl, Asheville, 28806, 30 Prickly Juniper Trl, Asheville, 28806, 32 Prickly Juniper Trl, Asheville, 28806, 94 Cedar Hill Rd, Asheville, 28806, 16 Lawndale Ave, Asheville, NC 28806, 71 Deaver Park Circle, Asheville, NC 28806, 76 Deaver Park Circle, Asheville, NC, 28806, Deaver Park Cir, Asheville, NC 28806 (PIN: 9628257540), Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578), 61 State St, Asheville, NC 28806. West Asheville / Leicester Areas. Parcel ID / Pin Numbers: 9700725880, 9628184091, 9628173929, 9628174980, 9628173920, 9628172708, 9638345160, 9628255771, 9628254842, 9628257540, 9628255578, 9628256618. Highlights: In-place cash flow with immediate upside potential, significant value-add through rehab, lease-up and expansion, expansion potential: +8 lots at Cedar Hill. below-market rents, diversified asset base (a mix of mobile homes, single family, and land).

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Multi-Family Active

Price

$ 2,330,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.19

Year Built

1904

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4432943

Features
General
Living Area 19322
Sewer Other - See Remarks
Heating Other - See Remarks
Cooling Other - See Remarks
Appliances Other
Zoning RM16
Garage Spaces 0
Construction Materials Other - See Remarks
Pets Allowed Call
Year Built 1904
Property Subtype Portfolio
Parcel Number 9638-34-5160-00000
Additional Parcels Description 9700725880 9628184091 9628173929 9628174980 9628173920 9628172708 9638345160 9628255771 9628254842 9628257540 9628255578 9628256618
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
High School Unspecified
City Asheville
Senior Community Y/N N
Number Of Units Total 24
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Tax Assessed Value 1491700
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Exterior
Parking Features Other - See Remarks
Water Source Other - See Remarks
Lot Size Area 0.19
Foundation Details Other - See Remarks
Building Area Total 19322
Road Surface Type Other Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 19322
Laundry Features Other - See Remarks
Below Grade Finished Area 0
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Internal Only
Street Number 1 61
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* Excluded Features
List By
Dewey Property Advisors

Broker

Affordability Calculator

$16,093
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,093
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$2,330,000 Listed Price

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61 State Street, Asheville, NC, 28806 is a Multi-Family Home for sale at $2,330,000 with 19,322 sqft and a lot size of 0.19. 61 State Street has 0.0 baths and was built in 1904. The property's zip code is 28806 which is in Asheville, NC