61 State Street

For Sale

61 State Street, Asheville, NC 28806

This Asheville property for sale is located at 61 State Street. The current listed sale price for 61 State Street is $2,330,000.

Contacts

Scott Raines, CCIM

Dewey Property Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 19,322 SF
  • Units 26
  • Property Tenancy Multi-Tenant
  • Date Updated Jun 24, 2026
West Asheville / Leicester Areas.DO NOT DISTURB TENANTS. Call listing broker for details. 26 Residential Rental Portfolio for Sale! Rare opportunity to scoop up 26 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 114 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: 9628257540) Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578) 61 State St, Asheville, NC 28806
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Highlights

  • Below-market rents
  • Diversified asset base (a mix of mobile homes, single family, and land)
  • Expansion potential: +8 lots at Cedar Hill
  • In-place cash flow with immediate upside potential
  • Significant value-add through rehab, lease-up and expansion

Attachments

Getting around

  • 79/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 61/100

    Bike Score ®

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Location

  • City Asheville, NC
  • Neighborhood West Asheville
  • Zip Code 28806
  • Market Asheville

Points of Interest

  • Citi Stop

    0.40 miles

  • BJ's Food Mart

    0.45 miles

  • Shell

    0.76 miles

  • Sam's Club

    0.97 miles

  • Exxon

    1.36 miles

  • Sunoco

    1.56 miles

  • enstation

    1.57 miles

  • Fast Break

    1.99 miles

  • Citgo

    2.14 miles

  • Greenlots

    2.28 miles

  • Aldi Parking Lot

    1.06 miles

  • Simpson Parking

    1.88 miles

  • Ironwood Parking Garage

    1.95 miles

  • Tempie Avery Montford Community Center Parking

    2.02 miles

  • Wall Street Garage

    2.13 miles

  • Sears Alley Public Parking Deck

    2.16 miles

  • Biltmore Avenue Parking Garage

    2.28 miles

  • Rankin Avenue Garage

    2.28 miles

  • Civic Center Garage

    2.31 miles

  • Lioncrest

    2.36 miles

  • Julie

    0.09 miles

  • Bon Paul & Sharky's Hostel

    0.50 miles

  • Country Inn & Suites

    1.17 miles

  • Rock Haven Terrace Motel

    1.22 miles

  • Crowne Plaza Hotels & Resorts Asheville

    1.28 miles

  • The Inn on Biltmore Estate

    1.36 miles

  • TownePlace Suites Asheville West

    1.52 miles

  • Village Hotel on Biltmore Estate

    1.55 miles

  • Embassy Suites by Hilton Asheville Downtown

    2.04 miles

  • DoubleTree by Hilton Asheville Downtown

    2.04 miles

  • Ingles

    0.25 miles

  • Sav-Mor Food & Dollar

    0.79 miles

  • Kim's Oriental Food & Gifts

    0.96 miles

  • ALDI

    1.06 miles

  • Earth Fare

    1.28 miles

  • French Broad Food Co-op

    2.31 miles

  • Mast General Store

    2.31 miles

  • Whole Foods Market

    2.52 miles

  • Katuah Market

    2.54 miles

  • Big Lots

    3.17 miles

Contact Listing Broker
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