Apartment at 295 E Chestnut Street, Asheville
Apartment at 295 E Chestnut Street, Asheville, photo 2 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 3 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 4 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 5 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 6 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 7 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 8 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 9 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 10 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 11 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 12 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 13 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 14 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 15 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 16 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 17 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 18 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 19 of 20
Apartment at 295 E Chestnut Street, Asheville, photo 20 of 20
20 photos

$1,095,000

295 E Chestnut Street
Asheville, NC 28801
Listed by John Menkes · G/M Property Group
Bedrooms
N/A
Bathrooms
N/A
Living area
3,875 sqft
Year built
1925

About this home

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

Property details

MLS
Canopy MLS
MLS #
CAR4427544
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
Loading map…

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
Claxton Elementary
0.6 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
1.4 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
2.1 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

71
Walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable

Market position

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

On the market 0 days -- 120 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

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$6,744/mo
$219,000 down
$876,000 loan
Principal & interest$5,682
Property tax (est.)$913
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 24 days 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.