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Listing provided courtesy of Likewise Commercial Real EstateMLS# 4295783MLS ProviderContact Information: [email protected]
  • 306 days on site
  • 0 views

Investment opportunity with $158k NOI in the heart of Canton, NC – this 18-unit, 14,646 SF historic apartment building sits on a 0.19-acre lot and delivers strong rental income with no vacancies and a waitlist. Featuring a mix of studio, one-, and two-bedroom units filled with natural light, the property is home to many long-term tenants. Ideally located within walking distance to shops, restaurants, and breweries such as BearWaters Brewing and Southern Porch, and just minutes from Ingles, Food Lion, and downtown Waynesville, with convenient access to I-40 for a quick 15–20 minute drive into Asheville. A rare, income-producing asset in a growing market—please do not disturb tenants. Contact listing agent for details.

Source: Canopy MLS, MLS#: 4295783

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  • Property Type
    Commercial Sale

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Ivester Jackson Christie's

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  • Median Age
    44
  • Population Density
    114
  • College Educated
    33%
  • Estimated Median Income
    $51,233
  • Estimated Total Home Owners
    5,557
  • Estimated Total Renters
    2,080
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    18,095
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 13 Newfound Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/11/2026Source: Canopy MLS Price Reduction
$1,950,000 -21.8%
1/29/2026Source: Canopy MLS Price Reduction
$2,495,000 -4.0%
1/28/2026Source: Canopy MLS Status Change
Active
12/13/2025Source: Canopy MLS Status Change
Under Contract-Show
8/27/2025Source: Canopy MLS Added to Database
August 27, 2025