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$998,000

Asheville, NC 28801
Listed by Gray Tolson · Appalachian Realty Associates
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1907

About this home

INVESTMENT OPPORTUNITY near downtown Asheville! Commercially zoned four-plex walking distance to downtown, Trader Joes, Harris Teeter and several great restaurants. Given its tremendous street exposure on a large .41 acre lot and plenty of off street parking, this property could be converted to commercial use. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler.

Property details

MLS #
CAR4198938
Property type
None
Subdivision
N/A
Status
Active
Days on market
578
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claxton Elementary
0.17 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
390
Student:teacher ratio
13.4:1
District
Asheville City Schools
Middle
Asheville Middle
1.36 mi away · Grades 6-8
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
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
2.24 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Mortgage calculator

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Est. monthly payment
$6,160/mo
$199,600 down
$798,400 loan
Principal & interest$5,178
Property tax (est.)$832
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 9, 2026.

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.