Portfolio at 615 Biltmore Avenue, Asheville
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$1,700,000

615 Biltmore Avenue
Asheville, NC 28803
Listed by Emily Butcher · Howard Hanna Beverly-Hanks Asheville-Downtown
Bedrooms
10
Bathrooms
10
Living area
5,410 sqft
Year built
1949

About this home

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Low maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. Opportunity in a proven Asheville location with enduring rental appeal. Rental history available upon request.

Property details

MLS
Canopy MLS
MLS #
CAR4416820
Property type
Portfolio
Subdivision
Beverly Condos
Status
Active
Days on market
5
On market date
August 20, 2026
Stories
1
Total bathrooms
10
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
Hall Fletcher Elementary
1.51 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
258
Student:teacher ratio
10.8:1
District
Asheville City Schools
Middle
Asheville Middle
1.06 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
0.38 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

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).

78
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks13
Schools12
Transit stops20
Pharmacies6

Market position

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

On the market 5 days -- 115 fewer days than Asheville's current average of 120 days.
For reference, the median list price across 1,585 active listings in Asheville right now is $485,000.

Mortgage calculator

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Est. monthly payment
$10,388/mo
$340,000 down
$1,360,000 loan
Principal & interest$8,821
Property tax (est.)$1,417
Home insurance (est.)$150

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