48 Waynesville, NC $ 399,000
48
$ 399,000
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48

Waynesville, NC, 28786
$ 399,000
Bedrooms2 Baths2.0 Sq 1,440

Monthly Estimate*

$ 2,756

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Multi-Family Home for sale in Waynesville, NC

for $399,000 with 2 bedrooms and 2 full baths. This 1,440 square foot home was built in 1960 on a lot size of 0.94.

Versatile Multi-Family & Investment Opportunity in Waynesville ETJ Discover a rare woodsy canvas near Chestnut Park offering the quiet charm of an established neighborhood alongside the immediate utility of city water and sewer. Situated just minutes from Downtown Waynesville and the Russ Avenue shopping corridor, this property delivers ideal accessibility combined with exceptional building freedom. UNBEATABLE FLEXIBILITY Existing Income: Includes two 1BR/1BA occupied long-term rental cottages (48 & 40 Lansing Rd). Development Ready: Features an adjoining 0.33-acre flat, buildable lot. Favorable Status: Medium-density zoning within the Waynesville Extra-Territorial Jurisdiction (ETJ) offers broad flexibility for manufactured, modular, site-built, or multi-family structures. PRIME INVESTMENT POTENTIAL Perfect setup to live in one unit while developing the vacant parcel, expand income-producing capacity, or execute a multi-unit project. Essential municipal utilities (city water and sewer) are already on-site, significantly reducing initial build costs.

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Multi-Family Active

Price

$ 399,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Cottage

Lot Size

0.94

Year Built

1960

Town/City

Waynesville

County/Region

Haywood

MLS | Web ID

4440632

Features
General
Living Area 1440
Sewer Public Sewer
Heating Forced Air Heat Pump
Cooling Central Air Heat Pump
Utilities Cable Available Wired Internet Available
Roof Composition Metal
Appliances Electric Range Electric Water Heater Refrigerator
Zoning RM
Garage Spaces 0
Architectural Style Cottage
Construction Materials Hard Stucco
Pets Allowed Yes
Year Built 1960
Tenant Pays All Utilities
Stories Count 1
Property Subtype Duplex
Parcel Number 8606-90-2599 ; 8606-90-3423
Waterfront Features None
County Haywood
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Full Baths 2
Directions From HWY 74 (GSM Expwy) take Exit 102 toward Waynesville and stay in R lane. At the KFC go R onto Dellwood City Rd for 1/3 mi to Depot St. (Alternately from Main St in Waynesville take Depot St (Cour
High School Tuscola
City Waynesville
Senior Community Y/N N
Open Parking Spaces 4
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Hazelwood
Middle/Junior High School Waynesville
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 180700
Listing Terms Cash Conventional
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Interior
Flooring Carpet Vinyl
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1440
Half Baths 0
Laundry Features None
Total Bedrooms 2
Below Grade Finished Area 0
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Exterior
Parking Features Driveway
Lot Features Level Wooded
Water Source City
Lot Size Area 0.94
Foundation Details Slab
Building Area Total 1440
Road Surface Type Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded Features
List By
Howard Hanna Beverly-Hanks Waynesville

Broker

Affordability Calculator

$2,756
Per Month
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0%
0%
Monthly Principal & Interest
$2,756
Monthly Property Taxes
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Monthly Home Insurance
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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
2172630 Elementary School
1604048 Middle School
Tuscola High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$399,000 Listed Price

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48, Waynesville, NC, 28786 is a Multi-Family Home for sale at $399,000 with 1,440 sqft and a lot size of 0.94. 48 has 2 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 28786 which is in Waynesville, NC