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Multi family home for sale at 61 State St, Asheville, NC 28806 | MLS# 4432943 | Listing updated on 2026-10-08
Photo 1 of Multi family home for sale at 61 State St, Asheville, NC 28806 | MLS# 4432943 | Listing updated on 2026-10-08
Photo 2 of Multi family home for sale at 61 State St, Asheville, NC 28806 | MLS# 4432943 | Listing updated on 2026-10-08
Photo 3 of Multi family home for sale at 61 State St, Asheville, NC 28806 | MLS# 4432943 | Listing updated on 2026-10-08
Photo 4 of Multi family home for sale at 61 State St, Asheville, NC 28806 | MLS# 4432943 | Listing updated on 2026-10-08
6+
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Street View

$2,330,000

Monthly Est:$11,597

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon19,322sqft

61 State St, Asheville, NC 28806

$11,597/moEst:

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  • Multi Family

  • Built in 1904

  • $-- HOA

  • 0.19 acre lot

  • $121/sq.ft

Description

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).

  • Houzeo last checked: 3 minutes ago
  • Listing updated: October 8, 2026 at 8:13 pm
  • Listing Provided by: Scott Raines | Dewey Property Advisors (828) 548-0090
  • Source: Canopy MLS | MLS#: 4432943 Canopy MLS

Part of

Building
61 State St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Buncombe County

  • City

    Asheville

  • Neighborhood

    --

  • Year Built

    1904

  • HOA Fees

    -

  • Finished Area

    19,322 sqft

  • Lot Size

    0.19 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4432943

  • MLS Status

    Active

  • Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Other See Remarks

  • Appliances

    Other

  • Heating

    Other See Remarks

  • Cooling

    Other See Remarks

Construction

  • Year Built

    Year Built: 1904

  • Home type

    Multi Family

  • Construction Materials

    Other See Remarks

  • Foundation Details

    Other See Remarks

Utilities & Energy

  • Water Source

    Other See Remarks

  • Laundry Features

    Other See Remarks

  • Parking Features

    Other See Remarks

Price History

DateEventPrice

10/08/2026

Source: mls_logoCanopy MLS #CAR4432943

Listed for Sale

$2,330,000 +521.33%

$121/sqft

08/08/2024

Source: mls_logoCanopy MLS #CAR4168122

Off Market

$374,999

$19/sqft

08/08/2024

Source: mls_logoCanopy MLS #CAR4168122

Listed for Sale

$374,999

$19/sqft

Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 09, 2026, 09:00AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty