2,296 sf residential building consisting of three units (two 1-bd units; one 3-bd unit) in the heart of North Asheville. Fully leased for the past 10 years, and currently generating $26,340 in annual revenue, this is a tremendous opportunity to purchase a property with significant upside.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1956
Sq. Ft.
2,296
Year built
1956
Style
Multi-Family (2-4 Unit)
County
Buncombe County
APN
964939053400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
RS8
RESOURCE MANAGEMENT OVERLAY
Residential Single-Family High Density District
It is the intent of the RS-8 Residential Single-Family High Density District to establish a high density per acre for single-family dwellings where public infrastructure is sufficient to support such development and to stabilize and protect the district's residential character in areas of existing high density single-family development while promoting a suitable environment for single-family living. Non-single-family development normally required to provide the basic elements of a balanced and attractive residential area is also permitted.
Zone overlays
Resource Management Overlay
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Fire house
Library
Police station
Golf related
Communications tower
Cemetery
Park & open space
Property details
Interior
Heating & Cooling
Heating Information: Baseboard, None
Interior Features
Flooring: Carpet, Wood
Multi-Unit Information
# of Units (Total): 3
# of Units: 0
Exterior
Property Information
Property Sub Type: Multi-Family
Lot Information
Lot Size Area: 0.28
Road Surface Type: Gravel
Publically Maintained Road: 1
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Location Information
Directions: From downtown Asheville, North on Merrimon Ave; West on Edgewood Rd; property is on the left in 1/4 mile. Less than 1 mile from UNCA; 2 miles from downtown.
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,296
Stories: 1.0
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 1956
County: Buncombe County
APN: 964939053400000
Home facts updated by county records on Aug 10, 2026
Other
Home Information
Sq. Ft. Additional: 0
Structure Type: 1 Story
Around this home
Schools
Ira B Jones Elementary
Public PreK-5 • Assigned • 0.8mi
4/10
Asheville Middle
Public 6-8 • Assigned • 2.3mi
7/10
Silsa
Public 9-12 • Assigned • 3.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Asheville, NC • 28804
Average low and high temperatures (°F)
44
26
54
33
66
42
73
50
74
55
83
63
86
68
79
63
77
58
69
48
61
42
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.8 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
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