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152 Tate Street
Waynesville NC 28786 US

$595,000

Active Listing ID 4436950
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Lot: 0.26 Acres
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Other

$595,000

Active Listing ID 4436950
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152 Tate Street INVESTMENT OPPORTUNITY IN THE HEART OF WAYNESVILLE! Ideally situated just minutes from downtown Waynesville, this all-brick quadplex offers an attractive combination of location, established rental history, and tremendous potential for increased income. The property features four spacious apartments, including two 2-bedroom units and two 1-bedroom units, offering a total of approximately 4, 028 square feet of living space. Each unit has its own kitchen, living and dining areas, with select units featuring covered porches or decks. Currently occupied by established tenants, the property generates consistent rental income, with rents that are considerably below prevailing market rates, presenting an excellent opportunity for future revenue growth. Additional highlights include city water and sewer, convenient parking, and a desirable location near downtown shopping, dining, and everyday conveniences. Whether you're an experienced investor looking to expand your portfolio or entering the multifamily market for the first time, this property offers an opportunity to acquire a well-located income-producing asset with meaningful long-term upside. Location, existing income, and room to grow, 152 Tate Street checks all three boxes!

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Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s), Ceiling Fan(s)
  • Floor Covering: Wood, Carpet, Linoleum
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Baseboard
  • Additional Features
  • Basement
  • Patio

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 595000
  • unparsedaddress: 152 Tate Street
  • postalcity: Waynesville
  • stateorprovince: NC
  • country: US
  • postalcode: 28786
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.26
  • lotsizeunits: Acres
  • lotsizearea: 0.26
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.488674
  • longitude: -82.992148
  • listagentfullname: Matthew Wells
  • listagentemail: matthewwells@kw.com
  • listagentkey: 3yd-CMLSNC-R50883
  • listagentmlsid: R50883
  • listagentpreferredphone: 8287346930
  • listagentofficephone: 8287346930
  • listofficekey: 3yd-CMLSNC-NCM4340
  • listofficemlsid: NCM4340
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1964
  • listingcontractdate: 2026-10-22
  • listagenturl: http://www.kellerwilliamswaynesville.com
  • countyorparish: Haywood
  • parcelnumber: 8615-16-9667
  • appliances: Dishwasher, Electric Range, Exhaust Fan, Refrigerator, Washer/Dryer
  • cooling: Window Unit(s), Ceiling Fan(s)
  • constructionmaterials: Brick Full
  • flooring: Wood, Carpet, Linoleum
  • heating: Electric (Heating), Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: On Street, Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • windowfeatures: Insulated Windows
  • rooms: Basement
  • utilities: Cable Available
  • patioandporchfeatures: Deck, Porch, Patio
  • basement: Exterior Entry, Partially Finished, Full, Apartment
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.99215, 35.488674
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Great Smokies", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthewwells@kw.com", "ListBrokerageCity":"Waynesville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"pmcdowell@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Great Smokies", "ListBrokeragePhone":"(828) 926-5155", "ListBrokeragePostalCode":"28786", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"434 Russ Avenue", "ListBrokerageWebsiteUrl":"http://www.kellerwilliamswaynesville.com", "ListOfficeAddress1":"38 North Main Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM4340", "ListOfficeCity":"Waynesville", "ListOfficeCountry":"US", "ListOfficeEmail":"info@kellerwilliamsgreatsmokies.com", "ListOfficePostalCode":"28786", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Waynesville, NC", "ListingURL":"http://www.carolinahome.com/home/4436950", "MLSModificationTimestamp":"2026-10-22 11:48:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"per deed", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2026 12:08:35 PM GMT
Source Updated Date: 10/24/2026 10:55:23 AM GMT

Courtesy of: Matthew Wells, Keller Williams Great Smokies, matthewwells@kw.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.