$329,000
About this home
An Asheville opportunity with options! Whether you're looking to add to your investment portfolio, purchase your first rental property, or find a place to call home, 40 Mulberry Street offers plenty of potential in a convenient Asheville location. This 2-bedroom, 1-bath home has a history of rental income and presents an opportunity for continued returns, long-term ownership, or future equity growth. Enjoy being just minutes from downtown Asheville, the River Arts District, local breweries, restaurants, shopping, and major employers. With a functional layout and a manageable lot, the property offers practical appeal for investors and owner-occupants alike. For investors, the established rental history and location make this a property worth exploring. For buyers looking to enter the Asheville market, it’s an opportunity to own property in a desirable area with room to build equity over time. Whether you're looking for a long-term rental, your first investment property, or an Asheville home of your own, 40 Mulberry Street is full of possibilities.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4405091
- Property type
- Single Family Residence
- Subdivision
- None
- Status
- Active
- Days on market
- 99
- On market date
- July 19, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- 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
- 124
- Student:teacher ratio
- 8.9:1
- District
- Buncombe County Schools
- Enrollment
- 593
- Student:teacher ratio
- 14.1:1
- 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.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 2 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.