Single Family Residence at 822 Azalea Avenue, Black Mountain
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$400,000

822 Azalea Avenue
Black Mountain, NC 28711
Listed by Amy Wilson · Homespun Investment Realty Inc
Bedrooms
4
Bathrooms
2
Living area
1,250 sqft
Year built
1965

About this home

Great investment oppoutunity for someone to live in one unit while your tenant pays your mortgage. This well-maintained property, conveniently located near Lake Tomahawk and within walking distance to downtown Black Mountain, promises not only a comfortable living space but also an excellent investment prospect. Each unit within the duplex comprises two bedrooms and one bathroom, providing comfortable and functional living spaces for residents. Whether you're considering a multi-generational living arrangement, renting out both units, or living in one and renting the other, this versatile property caters to various lifestyle needs.

Property details

MLS
Canopy MLS
MLS #
CAR4425060
Property type
Single Family Residence
Subdivision
Lakewood
Status
Active
Days on market
1
On market date
October 26, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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.

Elementary
Black Mountain Elementary
0.87 mi away · Grades 4-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
146
Student:teacher ratio
11.2:1
District
Buncombe County Schools
Middle
Owen Middle
3.04 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
457
Student:teacher ratio
13.4:1
District
Buncombe County Schools
High
Early College
13.45 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Black Mountain'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).

52
Somewhat walkable
out of 100
EPA National Walkability Index
5.2 / 20 -- Least walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks8
Schools8
Transit stops11
Pharmacies2

Market position

How this listing compares to current activity in Black Mountain, from live MLS data.

On the market 1 days -- 150 fewer days than Black Mountain's current average of 151 days.
For reference, the median list price across 263 active listings in Black Mountain right now is $379,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$2,559/mo
$80,000 down
$320,000 loan
Principal & interest$2,076
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 11 hr 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.