1 of 23

Want to see this property?

376 Mills Gap Road Unit TR 1

Asheville, NC 28803

2 beds
2 baths
1,271 sqft
~3/4 acre lot
$310 per sqft
1970 build
– on site

Charming South Asheville Duplex with Expansion Potential! Discover an excellent investment opportunity with this versatile duplex, ideally situated near all the shopping, dining, and amenities that vibrant South Asheville has to offer. Each unit features 1 spacious bedroom and 1 full bathroom, offering comfortable living for tenants or future owners. Sitting on a generous 0.73-acre lot, this property offers ample space for potential development, whether you’re considering adding another duplex or building a single-family home (buyer to confirm with local zoning authorities). Currently, both units are rented, providing immediate rental income for the savvy investor. Don’t miss this chance to own a well-located duplex with excellent upside potential in one of Asheville’s most desirable areas!

Listing courtesy of Canopy MLS / Ivester Jackson Blackstream

Last checked: Checking… • Last updated Jul 4, 2025 •

MLS# 4277616 —

The Building

Year Built:

1970
New Construction:

false
Construction Type:

Site Built
Subtype:

Duplex
Construction Materials:

Aluminum
# of Units Total:

2
Unit Number:

TR 1
Roof:

Composition
Foundation Details:

Basement
Basement:

Exterior Entry, Storage Space, Walk-Out Access
Basement:

true
Building Area Total:

1271
Above Grade Finished Area:

635
Below Grade Finished Area:

636

Interior

Living Area:

1271
Fireplace:

false

Location

Directions:

GPS Will Direct You There!
Latitude:

35.486509
Longitude:

-82.495128

The Property

Type:

Residential Income
Lot Features:

Cleared, Corner Lot, Paved, Sloped
Lot Size Area:

0.73
Lot Size Units:

Acres
Zoning Specification:

R-2
Exterior Features:

Storage
Waterfront Features:

None
Other Structures:

Outbuilding
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Gravel, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

965590737300000
Tax Assessed Value:

47200

Beds

Bedrooms Total:

2

Baths

Full Baths:

2

The Listing

Special Listing Conditions:

Subject to Lease

Heating & Cooling

Heating:

Forced Air, Heat Pump, Natural Gas, Other - See Remarks
Cooling:

Heat Pump, Other - See Remarks

Utilities

Utilities:

Electricity Connected, Natural Gas
Sewer:

Septic Installed
Water Source:

City

Appliances

Appliances:

Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
Laundry Features:

Laundry Closet

Schools

Elementary School:

Glen Arden/Koontz
Middle School:

Cane Creek
High School:

T.C. Roberson

The Community

Subdivision Name:

none
HOA Subject To:

None
Senior Community:

false
Pets Allowed:

Yes

Parking

Parking Features:

Driveway, Attached Garage, Garage Faces Front
Garage:

true
Garage Spaces:

1
Main Level Garage:

Yes
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/3/25 Jul 3, 2025	Listed / Active	CMLS	$395,000

Want a closer look?

Go see 376 Mills Gap Road

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Royal Pines, NC

This multifamily located in Royal Pines, NC 28803 is currently for sale for $395,000. 376 Mills Gap Road Unit TR 1 is a 1,271 square foot multifamily with 2 beds and 2 baths that has been on Estately for 12 days. This multifamily is in the attendance area of Koontz Intermediate School, T. C. Roberson High School, and Cane Creek Middle School.

Based on information submitted to the MLS GRID as of 7/15/2025 1:57 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.