10% Cap Rate at list price! Fantastic opportunity to own great income producing property with very little maintenance. Long term tenants, east to rent, for investor or live in one. Long range views from private deck, large eat in kitchen, great access to x-pressway, shopping, 10 minutes to downtown Asheville. Country living in quiet area, rocking chair front porches, this is the investment property to see and a great value! Stackable washer & dryer in 38B convey.
Multi-familyProperty Type
2003Year Built
0.89 acresLot Size
$208Est. Price/Sq.Ft.
4 spacesParking
Listed by Dolly Moore• Home Selling Service, LLC
Bought with Caleb Coaplen• Howard Hanna Beverly-Hanks Asheville-Biltmore Park
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.89 Acres
Year renovated
2003
Sq. Ft.
1,792
Year built
2003
Style
Multi-Family (2-4 Unit)
County
Buncombe County
APN
973301921500000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Lot Features: Long Range View, Sloped, Year Round View
Lot Size Area: 0.89
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Financial
Lease / Rent Details
Tenant Pays: All except water
Utilities
Utility Information
Water Source: Well, Other
Sewer: Septic Installed
Water Heater Information: Electric
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Weaverville/N. Windy Ridge
Middle Or Junior High School: North Buncombe
High School: North Buncombe
Location Information
Directions: I-26 North to either Stockwood Rd. or exit 19A. If Stockwood, turn left off of the exit. Follow until it deadness to Monticello. Turn left onto Monticello, follow to right onto Spicewood. (Spicewood right past the Baptist Church) Continue to #38. on left. (NO SIGN)
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,792
Stories: 1.0
Lot Size: 0.89 acres
Style: Multi-Family (2-4 Unit)
Year Built: 2003
Year Renovated: 2003
County: Buncombe County
APN: 973301921500000
Home facts updated by county records on Oct 30, 2026
Other
Home Information
Living Area: 1900
Building Area Total: 1900
Foundation Details: Crawl Space
Structure Type: Duplex
Around this home
Schools
North Windy Ridge
Public 5-6 • Assigned • 3.1mi
6/10
North Buncombe Middle
Public 7-8 • Assigned • 2.6mi
9/10
North Buncombe High
Public PreK-12 • Assigned • 3.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 99° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Weaverville, NC • 28787
Average low and high temperatures (°F)
46
26
55
33
66
42
73
51
74
56
83
65
86
70
80
63
78
58
70
48
62
41
52
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 5 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$377,000 – $456,000
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