For Sale $275,000
CALLING ALL VALUE-ADD INVESTORS & DEVELOPERS!! Unlock the potential of this high-yield investment property situated on a level 1.62 acre lot. This 3700+ sq ft multifamily property offers income potential currently configured to function as a triplex or 3 separate income producing units. This property accommodates multiple vehicles with ease and also comes with a wired detached garage/workshop perfect for hobbyists, storage, or additional rental income. Walkable to Clyde Elementary with easy access to Hwy 23/74, this property is only a short commute to Waynesville or Asheville. Whether rehab and cash flow or reposition for resale, this is a rare chance to acquire a vacant multifamily property at value pricing with real upside! Separate lot(.47acres) also available for purchase not included in the listing (8637-91-9339)
Hot Tub
| List Price: | $275,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Single Family Residence |
| Parking: | Driveway, Garage Shop, Other - See Remarks |
| MLS Number: | CAR4267100 |
| Subdivision: | None |
| Bathrooms: | 4 |
| Lot Description: | Cleared, Level, Creek/Stream |
| Year Built: | 1917 |
| Sewer Type: | Public Sewer |
| Elementary: | Clyde |
| Middle: | Canton |
| High: | Pisgah |
| Date | Event | Price | $/SQFT |
| 10-23-2025 | Price Decrease | $275,000-8.03% | N/A |
| 07-01-2025 | Listed | $299,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Bethel Elementary | 3 miles | KG-05 | 9 |
| Junaluska Elementary | 4 miles | KG-05 | 9 |
| Riverbend Elementary | 4 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.
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 |
| 3960 Old Clyde Road, Clyde NC | 0 mi | $275,000 | days | |
| 3755 Broad Street, Clyde NC | 0.2 mi | $339,000 | days | |
| 112 Melody Street, Clyde NC | 0.3 mi | $325,000 | days | |
| 4243 Old Clyde Road, Clyde NC | 0.3 mi | $324,000 | days | |
| 8063 Carolina Boulevard, Clyde NC | 0.3 mi | $165,000 | days | |
| 21 Sellers Road, Clyde NC | 0.3 mi | $255,000 | days |
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 |
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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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By EXP Realty LLC
3960 Old Clyde Road, Clyde NC is a 0 ft2 on a 1.620 acres lot. This is for $275,000. This has 7 bedrooms, 4 baths, and was built in 1917.
Based on information submitted to the MLS GRID as of 2025-07-01 10:30:05 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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