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61 State Street
Asheville NC 28806 US

$2,330,000

Active Listing ID 4432943
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Lot: 0.19 Acres
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Other

$2,330,000

Active Listing ID 4432943
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61 State Street DO NOT DISTURB TENANTS. Call listing broker for details. 24 Residential Rental Portfolio & 3 lots for Sale! Rare opportunity to scoop up 24 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748, 105 Cobra Dr, Leicester, NC 28748, 108 Cobra Dr, Leicester, NC 28748, 14 Cobra Dr, Leicester, NC 28748, 118 Cobra Dr, Leicester, NC 28748, 120 Cobra Dr, Leicester, NC 28748, 124 Cobra Dr, Leicester, NC 28748, 20 Prestwood Place, Leicester NC 28806, 4 Prickly Juniper Trl, Asheville, 28806, 6 Prickly Juniper Trl, Asheville, 28806, 7 Prickly Juniper Trl, Asheville, 28806, 8 Prickly Juniper Trl, Asheville, 28806, 9 Prickly Juniper Trl, Asheville, 28806, 14 Prickly Juniper Trl, Asheville, 28806, 24 Prickly Juniper Trl, Asheville, 28806, 26 Prickly Juniper Trl, Asheville, 28806, 28 Prickly Juniper Trl, Asheville, 28806, 30 Prickly Juniper Trl, Asheville, 28806, 32 Prickly Juniper Trl, Asheville, 28806, 94 Cedar Hill Rd, Asheville, 28806, 16 Lawndale Ave, Asheville, NC 28806, 71 Deaver Park Circle, Asheville, NC 28806, 76 Deaver Park Circle, Asheville, NC, 28806, Deaver Park Cir, Asheville, NC 28806 (PIN:), Deaver Park Cir, Asheville, NC 28806 (PIN:), 61 State St, Asheville, NC 28806. West Asheville / Leicester Areas. Parcel ID / Pin Numbers:, , , , , , , , , , , . Highlights: In-place cash flow with immediate upside potential, significant value-add through rehab, lease-up and expansion, expansion potential: +8 lots at Cedar Hill. below-market rents, diversified asset base (a mix of mobile homes, single family, and land).

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2330000
  • unparsedaddress: 61 State Street
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28806
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.19
  • lotsizeunits: Acres
  • lotsizearea: 0.19
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.57694
  • longitude: -82.58694
  • listagentfullname: Scott Raines
  • listagentemail: scott.raines@deweypa.com
  • listagentkey: 3yd-CMLSNC-sraines
  • listagentmlsid: sraines
  • listagentpreferredphone: 8285480090
  • listofficekey: 3yd-CMLSNC-12695
  • listofficemlsid: 12695
  • 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: 1904
  • listingcontractdate: 2026-10-08
  • listagenturl: http://www.dewypa.com
  • countyorparish: Buncombe
  • parcelnumber: 9638-34-5160-00000
  • elementaryschool: Unspecified
  • highschool: Unspecified
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.58694, 35.57694
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dewey Property Advisors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"scott.raines@deweypa.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Dewey Property Advisors", "ListBrokeragePhone":"8285480090", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"PO Box 1826 1 Page Avenue Suite 240", "ListBrokerageWebsiteUrl":"http://www.dewypa.com", "ListOfficeAddress1":"PO Box 1826 1 Page Avenue Suite 240", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12695", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"tim.bramley@deweypa.com", "ListOfficePostalCode":"28802", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Asheville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/61-State-St_Asheville_NC_28806_M53957-17694?f=listhub&s=CMLSNC&m=4432943&c=rexren", "MLSModificationTimestamp":"2026-10-08 20:13:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Deed Date: 01/10/2002 Deed: 2686-0787 Subdiv: DP FORD Block: Lot: 2 Section: Plat: 0017-0020", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/8/2026 10:57:27 PM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Scott Raines, Dewey Property Advisors, scott.raines@deweypa.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.