18 Hat Creek Drive, Asheville, NC 28806
Local realty services provided by:Better Homes and Gardens Real Estate Heritage
Listed by: tatyana edwards, preston edwards
Office: edwards realty llc.
MLS#:4317652
Source:CH
18 Hat Creek Drive,Asheville, NC 28806
$1,050,000
- - Beds
- - Baths
- 7,240 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,050,000
- Price per sq. ft.:$145.03
About this home
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors.
Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand.
This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes....
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Home facts
- Year built:9999
- Listing ID #:4317652
- Updated:August 25, 2026 at 01:22 PM
Rooms and interior
- Basement:Yes
- Living area:7,240 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Roof:Metal
- Year built:9999
- Building area:7,240 sq. ft.
- Lot area:3.95 Acres
- Lot Features:Cleared, Green Area, Level, Rolling Slope, Views, Wooded
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Clyde A Erwin
- Elementary school:Johnston/Eblen
Utilities
- Water:Shared Well
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$145.03
Parking
- Parking description:Driveway
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