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
Active
$1,375,000
290 Hookers Gap Rd, Candler, NC 28715
--beds
1baths
2,124sqft
Multi Family
Built in 1928
-- sqft lot
$1,242,200 Zestimate®
$647/sqft
$-- HOA
What's special
Quiet private gorgeous views
- 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#: 4373451
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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
Video & virtual tour
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
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $1,375,000$647/sqft |
Source: | ||
| 3/27/2025 | Listing removed | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2025 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2023 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $135,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28715
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 8/10Candler ElementaryGrades: PK-4Distance: 3.2 mi
- 6/10Enka MiddleGrades: 7-8Distance: 3.3 mi
- 5/10Enka HighGrades: 9-12Distance: 4.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Buncombe County
- Candler
- 28715
- 290 Hookers Gap Rd







