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$985,000

Asheville, NC 28806
Listed by Karl Nelson · NAI Beverly-Hanks
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1928

About this home

Positioned in the heart of West Asheville’s vibrant Haywood Road corridor, this charming 5-unit multifamily property offers investors a rare opportunity in one of Asheville’s most walkable and desirable neighborhoods. Residents are steps from Haywood Road’s restaurants, bars, breweries, galleries, retail, and everyday conveniences, supporting strong tenant demand and long-term rental appeal. The property features timeless charm and character, including a covered porch and balcony, along with ample on-site parking—an important advantage in this urban corridor. With existing income and upside potential to add a 6th unit, the asset presents a compelling value-add opportunity in a high-demand submarket.

Property details

MLS #
CAR4383809
Property type
None
Subdivision
N/A
Status
Active
Days on market
35
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lucy S. Herring Elementary
0.29 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
298
Student:teacher ratio
11.9:1
District
Asheville City Schools
Middle
Asheville Middle
2.16 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
2.58 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
$6,082/mo
$197,000 down
$788,000 loan
Principal & interest$5,111
Property tax (est.)$821
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 23, 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.