152 Tate Street, Waynesville, NC 28786
sale
$595,000
|
Other
Courtesy Of Keller Williams Great Smokies
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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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Porch
- Amenities: Ceiling Fan
- Amenities: Basement
- Amenities: Deck
- Amenities: Patio
- Appliance: Washer/Dryer
- Appliance: Exhaust Fan
- Appliance: Dishwasher
- Appliance: Refrigerator
- Appliance: Electric Range
- Building Units: 4
- Cooling System: Window Unit(s)
- Cooling System: Ceiling Fan(s)
- Exterior Type: Brick Full
- Floor Covering: Linoleum
- Floor Covering: Wood
- Floor Covering: Carpet
- Floors: 1
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Legal Description: per deed
- MLSID: 4436950
- Roof Type: Shingle
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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