$874,900
UNDER CONTRACT $13K PRICE DROP

11 Old Candler Town Rd Candler, NC 28715

Estimated payment $5,536/month

Total Views 5,210
9 Beds
5 Baths
4,504 Sq Ft
$194 Price per Sq Ft

Highlights

  • Mountain View
  • Wood Flooring
  • Fireplace
  • Traditional Architecture
  • Covered Patio or Porch
  • Living Room

About This Home

Nestled on 0.62 acres of flat, usable land with mountain views, this property offers a fantastic investment opportunity with 4 units and 2 RV spots.Once a charming 2-story Craftsman farmhouse, it has been expertly converted into 4 apartments, all currently occupied by long-term residents who enjoy privacy and a strong sense of community. A proven income generator, the property brings in about $9000/month. Residents enjoy affordable housing as well as shared amenities including 2 washers, a dryer, clotheslines, organic gardens, compost bins, a fire pit, and a front porch and back patio for socializing. Conveniently located, it is just 15mins from downtown Asheville and has easy access to nearby hiking trails, parks, shops, restaurants, gyms, etc. Whether you're expanding your portfolio or seeking a piece of Asheville's charm, this property offers a proven 3-way model: It is a successful business, good investment, and you can make a contribution of offering affordable living.

Listing Agent

Matt Tavener

Keller Williams Professionals Brokerage Email: listings@TheMattAndMollyTeam.com License #231978 Listed on: 04/08/2025

Keller Williams Professionals

Co-Listing Agent

Amy Pointer

Keller Williams Professionals Brokerage Email: listings@TheMattAndMollyTeam.com License #290054

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • Front Green Space
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • 4,504 Sq Ft Home
  • Property has 4 Levels
  • Fireplace
  • Living Room
  • Dining Area
  • Mountain Views
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • 10 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hominy Valley/Enka Elementary School
  • Enka Middle School
  • Enka High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for exterior maintenance, interior common lights
  • Assessor Parcel Number 9607-20-8787-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Architectural Style: Farmhouse, Traditional
  • Year Built: 1915
  • Restrictions: No Representation
  • Road Surface Type: Asphalt, Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: listings@TheMattAndMollyTeam.com
  • Special Features: 4224
  • Stories: 4

Interior Features

  • Foundation Details: Permanent
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area,Laundry
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer
  • Owner Pays: Exterior Maintenance, Interior Common Lights
  • Above Grade Finished Sq Ft: 3344
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Below Grade Sq Ft: 1160
  • Living Area: 4504
  • Building Stories: 4
  • Unit Type Features: Foyer

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Vinyl
  • Other Structures: None
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Central, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Enka
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Level
  • Lot Size Area: 0.62
  • Lot Size Units: Acres
  • Parcel Number: 9607-20-8787-00000
  • Zoning: OU
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: OU

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Hominy Valley/Enka
  • High School: Enka

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $874,900 -0.5% $194 / Sq Ft
05/07/2025 05/07/25 Price Changed $879,000 -1.0% $195 / Sq Ft
04/08/2025 04/08/25 For Sale $888,000 -- $197 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4243958

Canopy MLS (Canopy Realtor® Association)