Multi Family Investment Properties for Sale in Asheville, NC


1069- 4 Bed
- - Bath
- 1415 sft


332- 3 Bed
- 3 Bath
- 898 sft


2635- 4 Bed
- 4 Bath
- 1396 sft


186- 1 Bed
- 1 Bath
- 576 sft


165- 2 Bed
- 1 Bath
- 776 sft


170- 2 Bed
- 1 Bath
- 1000 sft


667- 3 Bed
- 1 Bath
- 1465 sft


155- 2 Bed
- 1 Bath
- 1242 sft


169- 3 Bed
- 1 Bath
- 1186 sft


175- 3 Bed
- 1 Bath
- 960 sft


500- 2 Bed
- 1 Bath
- 824 sft


193- 2 Bed
- 1 Bath
- 700 sft


173- 3 Bed
- 1 Bath
- 1350 sft


180- 2 Bed
- 1 Bath
- 631 sft


194- - Bed
- 1 Bath
- 476 sft


158- 1 Bed
- 1 Bath
- 618 sft


165- 3 Bed
- 2 Bath
- 1305 sft


166- 3 Bed
- 2 Bath
- 1530 sft


181- - Bed
- - Bath
- - sft


151- 4 Bed
- 3 Bath
- 2052 sft


179- 3 Bed
- 2 Bath
- 1334 sft


901- 3 Bed
- 2 Bath
- 1489 sft


182- 3 Bed
- 2 Bath
- 3184 sft


661- 3 Bed
- 2 Bath
- 1407 sft


187- 2 Bed
- 2 Bath
- 924 sft


176- 2 Bed
- 1 Bath
- 780 sft


164- 2 Bed
- 1 Bath
- 912 sft
Why Invest in Asheville, North Carolina?
Asheville's multifamily market is experiencing unprecedented growth with 3,549 apartment units scheduled for delivery in 2025—the highest volume in market history. The market is transitioning from supply-constrained to balanced conditions, creating opportunities for investors seeking exposure to a high-growth Southeast corridor. With population growth of 1–1.5% annually and strong demand from tech-driven in-migration and retirees, multifamily assets benefit from sustained rental demand. Vacancy rates are expected to stabilize around 12–14% by 2026, while rents are projected to grow 2–4% as the market absorbs new supply.
Frequently Asked Questions
Asheville is experiencing record supply additions (3,549 units in 2025), which will temporarily elevate vacancy rates to 12–14% by 2026. However, demand is expected to match supply by end of 2025, and long-term fundamentals remain solid due to sustained in-migration and population growth. Investors should focus on well-positioned, amenity-rich properties in high-demand submarkets.
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