$1,000,0000.52 Acres8 beds • 7 baths • 1 half bath • 3,686 sq ft
For Sale
For Sale
$1,000,0000.52 Acres
For Sale
8 beds • 7 baths • 1 half bath • 3,686 sq ft

135 & 145 Melrose Avenue, Tryon, NC 28782 - Polk County

Residential
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Property ID 22885517

Single Family Residence - Tryon, NC

*RARE INCOME PRODUCING HISTORICAL HOME IN TRYON!* Discover a rare investment opportunity in the heart of Tryon, NC where historic elegance meets modern cash flow. Nestled just steps from downtown, 145 Melrose offers 5,722 sq ft of beautifully renovated living space across two distinct buildings—a grand 1910 built main house & a charming detached cottage—now configured as six upscale, long-term rental apartments. Fully leased at $8,350/mo ($100,200/yr), this turnkey property delivers immediate income with room to grow. Step into a world of timeless appeal: the main residence boasts a wraparound porch, hardwood floors, & soaring ceilings, thoughtfully divided into 4 spacious units. The adjacent cottage adds 2 more, each w/ private entrances & modern upgrades. Set on a lush 0.52-acre lot w/ manicured gardens, this compound radiates curb appeal & versatility. Centrally located between Asheville, Charlotte, Greenville & Spartanburg - less than 1 hour to AVL & GSP & >2 hours to CLT airports.

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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RE/MAX Results

License #122656

Hendersonville, NC

(585) 409-1869
Listing provided by
BECKY CALL
RE/MAX Results(828) 692-7939
Source: ListHub, MLS# 4233654
Listing status: Active
Listing last updated: March 13, 2025 at 7:32 PM
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BECKY CALL

RE/MAX Results