Single Family Residence at 1 Martin Luther King Jr Drive, Asheville
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$320,000

1 Martin Luther King Jr Drive
Asheville, NC 28801
Listed by Carleen Dixon · Petit Properties Inc
Bedrooms
2
Bathrooms
1
Living area
768 sqft
Year built
1986

About this home

A charming, well-maintained two-bedroom, one-bath home in downtown Asheville, lovingly cared for over the years and ready for its next chapter. Built in 1986, this cozy home features a large, inviting lot, an expansive covered front porch, and a screened side porch that offers inviting spaces to relax and enjoy the outdoors. A storage shed provides additional space for tools, hobbies, and storage. Conveniently located near downtown Asheville's dining, shops, parks, cultural attractions, and essential services, this property offers the opportunity to enjoy a central location in a thoughtfully maintained home. Its manageable size and two-bedroom layout may appeal to first-time homebuyers, those seeking a simpler lifestyle, or anyone looking for a convenient Asheville home base. The location and layout may also appeal to investors exploring long-term or mid-term rental opportunities. Whether you're looking for a place to call home, a personal getaway, or an investment opportunity, this downtown Asheville property offers a variety of possibilities. Per neighbor possible encroachment, buyer to verify.

Property details

MLS
Canopy MLS
MLS #
CAR4433491
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
N/A
On market date
October 16, 2026
Stories
N/A
Total bathrooms
1
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
Isaac Dickson Elementary
0.96 mi away · Grades -1-5
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
407
Student:teacher ratio
14.0:1
District
Asheville City Schools
Middle
Asheville Middle
0.62 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
1.15 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).

95
Highly walkable
out of 100
EPA National Walkability Index
18.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools13
Transit stops20
Pharmacies9

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.

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Est. monthly payment
$2,077/mo
$64,000 down
$256,000 loan
Principal & interest$1,660
Property tax (est.)$267
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 19 hr 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.