$600,000

135 Sardis Drive, Asheville, NC 28806

  • 11 beds |
  • 7 baths |
  • 3,325 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon2.06acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 15 days ago

Property 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 lots—three with existing homes included—offering 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. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville’s most accessible and desirable areas.

Listing Status:
Active
Data Last Updated:
May 1, 2026 at 7:16AM
Listing Office:
Keller Williams Professionals : 828-254-7253
MLS ID:
4368987
  • Rooms: Bedroom(s)Bathroom(s)KitchenLiving Room
  • Appliances: Other
  • Laundry: In Basement
  • Basement: Basement Garage Door
  • A/C: Ceiling Fan(s)
  • Heating: Heat Pump
  • General: Shed(s)
  • Parking: DrivewayAttached Garage
  • Roofing: Architectural Shingle
  • General: ManufacturedSite BuiltBasement
  • Road/Access: Gravel
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: R-39627-20-0314-00000
  • Water: Shared Well
  • Sewer: Shared Septic
  • Source: carolina

This listing courtesy of Keller Williams Professionals

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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