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$395,000
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Property Description
Rare income-producing opportunity in Clyde! This 2-story,12-unit brick apartment building (8 1-bedroom, 4 2-bedroom) offers immediate cash flow with only 2 vacant units, and under-market rents at $650/month-ideal for value-add investors. Built in 1992, the structure is in fair to good condition and sits on a .86-acre parcel. Also included is a 20-unit self-storage facility (10x10s and 10x20s) that is currently unused by the public and is ready to be leased for additional income. Located just minutes from Waynesville and I-40, this property combines multifamily stability with untapped storage potential. Priced to perform at market cap rates! The property is being sold as is.
Full Property Details
Full Property Details for 165 Jones Cove Rd
General
- Sold For: $395,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4283273
- Added to Site: 181 day(s) ago
Parking
- Parking Features: Parking Lot
Location
- County: Haywood
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected
Structural Information
- # Buildings: 2
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Composition, Metal
- Minimum Avail: 3,552 Sq. Ft.
- Year Built: 1992
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Restrictions: No Restrictions
- Inclusions: Building
- Property ID: 8627-71-9394
- Lot Number: 408/784
Listed by Better Homes and Gardens Real Estate Heritage
Sold by Allen Tate/Beverly-Hanks Fletcher
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Schools
Schools serving 165 Jones Cove Rd
School District:Haywood County Schools
| Name | Grades | Distance |
|---|---|---|
Clyde Elementary 4182 Old Clyde Road, Clyde, NC 28721 | K-5 | 2.6 mi |
Canton Middle 60 Penland Street, Canton, NC 28716 | 6-8 | 5.5 mi |
Pisgah High 1 Black Bear Drive, Canton, NC 28716 | 9-12 | 5.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 165 Jones Cove Rd
Date
Details
Price
Change
Source
11/14/2025
Sold
$395,000
-34.16%
MLS
7/23/2025
Price Reduced
$599,900
-20.01%
MLS
7/19/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
165 Jones Cove Road, Clyde, NC 28721 (MLS# 4283273) is a Commercial property that was sold at $395,000 on November 14, 2025. Want to learn more about 165 Jones Cove Road? Do you have questions about finding other Commercial real estate for sale in Clyde? You can browse all Clyde real estate or contact a Coldwell Banker agent to request more information.

