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$975,000
8 Beds ⋅ 4405564 MLS
Asheville Investment Portfolio Opportunity – Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets. Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential. properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.

214 Short Michigan Avenue, Asheville
$309,000
3 Beds ⋅ 2 Baths ⋅ 4405139 MLS
This turnkey, income-producing 3-bedroom, 2-full-bath property offers an excellent opportunity to own a rental property in the West Asheville area with an established tenant already in place. Enjoy the advantage of rental income from day one while building long-term equity in the Asheville market. Conveniently located near downtown Asheville, West Asheville restaurants, breweries, coffee shops, shopping, entertainment, parks, and everyday amenities, the property offers easy access to the lifestyle and attractions that make this area highly desirable. Whether you're an experienced investor expanding your portfolio or purchasing your first Asheville investment property, 214 Short Michigan Avenue offers a compelling combination of existing rental income, convenient location, long-term rental potential, and investment flexibility. Schedule your private showing today!

214 Short Michigan Avenue, Asheville

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .