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$475,000

Asheville, NC 28803
Listed by Eddie Delaney · Howard Hanna Beverly-Hanks Asheville-North
Bedrooms
4
Bathrooms
4
Living area
1,268 sqft
Year built
2007

About this home

Meticulously maintained South Asheville property offering flexibility, income potential, and room to grow. The previous owner occupied the main residence while generating rental income from both the lower-level apartment and detached cottage, creating an ideal opportunity for investors, multi-generational living, or a true house-hack setup. Live comfortably in the main home while offsetting expenses with rental income, or take advantage of the ability to utilize the entire property for personal use. The lower basement provides abundant storage space with additional potential for workshop, studio, hobby use, or future expansion. Situated in a highly desirable South Asheville location convenient to shopping, dining, healthcare, and major corridors, this property combines functionality, versatility, and long-term upside. A rare opportunity priced to support the existing rental structure while still offering exceptional value and future potential.

Property details

MLS #
CAR4385333
Property type
Apartment
Subdivision
Other
Status
Active
Days on market
34
On market date
May 22, 2026
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
Estes Elementary
0.64 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
704
Student:teacher ratio
13.0:1
District
Buncombe County Schools
Middle
Koontz Intermediate
0.74 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
649
Student:teacher ratio
14.8:1
District
Buncombe County Schools
High
Early College
5.77 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

Mortgage calculator

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Est. monthly payment
$3,011/mo
$95,000 down
$380,000 loan
Principal & interest$2,465
Property tax (est.)$396
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 25, 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.