$600,000
 $3,221 est/mo Sourced by Back At You

135 Sardis Drive,Asheville, NC 28806

Asheville, NC 28806

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Description

Unlock a rare high-yield investment opportunity in the sought-after Enka area of Asheville. Situated on 2.06 acres, this versatile property includes a single-family home plus five mobile home lotsthree with existing homes includedoffering multiple income streams and significant upside potential. Based on previous and current market rent projections, the property has the potential to generate approximately $85,200 annually in its current state, with estimated expenses of ~$11,470/year, resulting in a projected NOI of nearly $74,000. Value-add opportunities include increasing below-market rents, filling two vacant mobile home pads, and leasing the garage/shop for additional income. Light improvements such as paint, flooring, and system updates could further enhance rental performance and overall value. Conveniently located just 5 minutes to Brevard Road and Asheville Outlets, 10 minutes to North Carolina Arboretum and Blue Ridge Parkway access, and 15 minutes to Downtown Asheville, this property offers strong rental demand drivers and long-term growth potential. Main home does not currently have a functioning heat source, but seller will install baseboard heaters if required for a loan. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville’s most accessible and desirable areas.

Details

MLS #4368987
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site137
Listing Provided ByKeller Williams Professionals | Brad Harrison

Features

Bed(s)11
Bath(s) 7 Total
SQ Feet3,325
Garage1
BasementY
Story(s)1
Units4
ZoningR-3
Acreage2.06

Interior

CoolingCeiling Fan(s)
HeatingHeat Pump
AppliancesOther

Exterior

RoofArchitectural Shingle
Construction MaterialsVinyl
Foundation DetailsBasement
Lot FeaturesCleared, Level, Open Lot, Private, Wooded

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Attached Garage

Other

List AorLand of The Sky Association of Realtors

Taxes

Property230600

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictEnka
Elementary SchoolSand Hill-Venable/Enka
High SchoolEnka
Listing VS Median (in 28806)
Price:
$600,000
low | high
Med:
$464,900
72.516666666667% of Average
sqft:
3,325
low | high
Med:
1,357
100% of Average
$ / sqft:
$180
low | high
Med:
$343
39.959784877587% of Average
On site:
137
low | high
Med:
26.5
100% of Average
Sourced by Back At You

Market Activity 28806

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 31, 2026 at 5:02:49 AM PDT All data is obtained from various sources and may not have been verified by 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.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictEnka
Elementary SchoolSand Hill-Venable/Enka
High SchoolEnka
Listing VS Median (in 28806)
Price:
$600,000
low | high
Med:
$464,900
72.516666666667% of Average
sqft:
3,325
low | high
Med:
1,357
100% of Average
$ / sqft:
$180
low | high
Med:
$343
39.959784877587% of Average
On site:
137
low | high
Med:
26.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $450K - $750K
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
27,29 & 31 A/B Brown Road Property Photo 1
$1,600,000
27,29 & 31 A/b Brown Road
Asheville, NC 28806
39 Pacifico Drive Property Photo 1
$634,000
39 Pacifico Drive
Asheville, NC 28806
Listing Updated: July 9, 2026 at 4:40:52 PM PDT
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