$529,000
About this home
This versatile property offers a 3BR/2BA main residence plus a separate but connected 2BR/1BA second living quarters, creating a rare opportunity for rental income, multi-generational living or a smart investment from day one. The sellers have operated the property as a successful rental for the past four years, grossing approximately $4,400/month. Outside Asheville city limits with Open Use zoning, the 2nd living quarters offers short-term rental potential, while the generous 0.93-acre lot may even provide room to explore adding another unit in the future. The home has been recently refreshed with interior and exterior paint, refinished hardwood floors, new laminate flooring in the kitchen and lower level, and an HVAC system that’s less than four years old. A garage, fully fenced front yard and separate fenced yard for the 2nd living quarters add even more practicality. Conveniently located near the VA Medical Center, hiking trails and Asheville amenities, with USDA financing potentially available. Live in one, rent the other or put the whole property to work. Either way, this one earns its keep!
Highlights
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4419918
- Property type
- Single Family Residence
- Subdivision
- Riceville Forest
- Status
- Active
- Days on market
- 49
- On market date
- September 4, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 211
- Student:teacher ratio
- 11.1:1
- District
- Buncombe County Schools
- Enrollment
- 523
- Student:teacher ratio
- 14.5:1
- District
- Buncombe County Schools
- Enrollment
- 278
- Student:teacher ratio
- 25.3:1
- District
- Buncombe County Schools
Walkability
Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Asheville, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 1 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.