152 Tate Street, Waynesville NC
- 6 Bed
- 0.3 ac
For Sale $595,000
Remarks:
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!
General Information:
| List Price: | $595,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Fourplex |
| Parking: | Driveway, On Street, Parking Space(s) |
| MLS Number: | CAR4436155 |
| Subdivision: | None |
| Style: | Ranch |
| Lot Description: | Level, Sloped |
| Year Built: | 1964 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Hazelwood |
| Middle: | Waynesville |
| High: | Tuscola |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-23-2026 | Listed | $595,000 | N/A |
| 02-05-2026 | Listed | $625,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Junaluska Elementary | 2 miles | KG-05 | 9 |
| Bethel Elementary | 6 miles | KG-05 | 9 |
| Riverbend Elementary | 7 miles | KG-05 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 152 Tate Street, Waynesville NC | 0 mi | $595,000 | days | |
| 151 Meadow Street, Waynesville NC | 0.1 mi | $399,000 | days | |
| 81 Boyd Avenue, Waynesville NC | 0.1 mi | $639,900 | days | |
| 131 & 135 Boyd Avenue, Waynesville NC | 0.1 mi | $349,000 | days | |
| 63 Goodyear Street, Waynesville NC | 0.1 mi | $310,000 | days | |
| 131 Church Street, Waynesville NC | 0.1 mi | $550,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28786
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Keller Williams Great Smokies
152 Tate Street, Waynesville NC is a ft2 on a 0.260 acres lot. This is for $595,000. This has 6 bedrooms, baths, and was built in 1964.
Based on information submitted to the MLS GRID as of 2026-10-23 06:20:48 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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