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  • $1,375,000

    290 Hookers Gap Rd, Candler, NC 28715

    --beds
    1baths
    2,124sqft
    : 
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    Multi Family
    Built in 1928
    -- sqft lot
    $1,242,200 Zestimate®
    $647/sqft
    $-- HOA

    What's special

    Quiet private gorgeous views
    This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. There are 8 separate individual residences. Property is offered fully occupied. Long term tenants tenants with active lease in place. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. This property has a long operating history, complete with property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $120k in yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451
    64 days
    |
    102
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Davis ashevillehometeam@gmail.com,

    Patton Allen Real Estate LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4373451MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher, Oven
      • Laundry: Mud Room
      Features
      • Has basement: No
      Interior area
      • Total structure area: 2,124
      • Total interior livable area: 2,124 sqft
      • Finished area above ground: 2,124
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      Lot
      • Size: 4.5 Acres
      Details
      • Additional parcels included: 869888454400000 + 869888646900000
      • Parcel number: 8698882464
      • Zoning: OU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Arts and Crafts,Cottage
      • Property subtype: Multi Family
      Materials
      • Vinyl, Wood
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Sewer: Septic Installed, Shared Septic
      • Water: Shared Well, Well

      Community & HOA

      Location
      • Region: Candler

      Financial & listing details

      • Price per square foot: $647/sqft
      • Tax assessed value: $1,086,900
      • Annual tax amount: $3,059
      • Date on market: 4/23/2026
      • Cumulative days on market: 65 days
      • Listing terms: Cash,Conventional,USDA Loan
      • Tenant pays: All Utilities
      • Road surface type: Asphalt, Paved

        Estimated market value

        $1,242,200

        $1.18M - $1.30M

        $1,405/mo

        Price history

        DateEventPrice
        4/23/2026Listed for sale$1,375,000$647/sqft
        Source: Canopy MLS as distributed by MLS GRID #4373451 Report a problem
        3/27/2025Listing removed$1,895$1/sqft
        Source: Zillow Rentals Report a problem
        2/25/2025Listed for rent$1,895$1/sqft
        Source: Zillow Rentals Report a problem
        6/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/15/2023Listed for rent$1,895$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,059 +12.3%$448,300 +5.1%
        2024$2,724 +3.3%$426,700
        2023$2,637 +4.2%$426,700
        2022$2,530 $426,700
        2021$2,530 +12.5%$426,700 +20.3%
        2020$2,249 $354,700
        2019$2,249 +2.4%$354,700
        2018$2,196 +10.2%$354,700 +23.5%
        2017$1,993 $287,200
        2016$1,993 $287,200
        2015-- $287,200
        2014$1,993 $287,200
        2013-- $287,200 +15%
        2012-- $249,800
        2011-- $249,800 +7.1%
        2009-- $233,300 +27.4%
        2007-- $183,100 +2.6%
        2005-- $178,400
        2004-- $178,400 +31.4%
        2001-- $135,800
        2000-- $135,800

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Neighborhood: 28715

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