135 Sardis Drive, Asheville, NC 28806
- $600,000
- 11
- BD
- 3,325
- SqFt
- List Price
- $600,000
- Status
- ACTIVE
- Days on Market
- 155
- MLS#
- 4368987
- Year Built
- 1961
- Bedrooms
- 11
- Full Baths
- 7
- Living Area
- 3,325
- Lot Size
- 89,733
- Acres
- 2.06
- Neighborhood
- none
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, but seller will install baseboard heaters if required for a loan. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville’s most accessible and desirable areas.
/u.realgeeks.media/homelandrealtygroup/homeland_realty_logo_cropped.png){kind=logo}
Additional Information
- Zoning
- R-3
- Appliances
- Other
- Heating
- Heat Pump
- Air Conditioning
- Ceiling Fan(s)
- Exterior Construction
- Manufactured, Site Built
- Roof
- Architectural Shingle
- Foundation
- Basement
- Parking
- Driveway, Attached Garage
- Garage Spaces
- 1
- Elementary School
- Sand Hill-Venable/Enka
- Middle School
- Enka
- High School
- Enka
Listing courtesy of Keller Williams Professionals. realtorbradharrison@gmail.com
“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
Last Updated: