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152 Tate Street, Waynesville, North Carolina 28786

  • $595,000

Description

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!

  • Address: 152 Tate Street, Waynesville, North Carolina 28786
  • City: Waynesville
  • State/county: NC
  • Zip/Postal Code: 28786

Details

Updated on October 22, 2026 at 11:48 am
  • Property ID 4436950
  • Price $595,000
  • Property Size 4028 m²
  • Year Built 1964
  • Property Type N/A, Commercial Sale
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Conventional, Private
  • Roof Architectural Shingle
  • Utilities Cable Available, Electricity Connected
  • Sewer Public Sewer
  • Cooling Ceiling Fan(s), Window Unit(s)
  • Heating Baseboard, Electric
  • Flooring Carpet, Linoleum, Wood
  • County Haywood
  • Property Type Commercial Sale
  • Parking Driveway, On Street, Parking Space(s)

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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