Amazing investment opportunity-2 houses on 1 large parcel in N. Asheville! MULTIPLE INCOME STREAMS. 7 min. to downtown, 1 min. to Merrimon, 3 min. to Beaver Lake. Step back in time to "old Asheville". Main cottage is 2 BR/1 BA beauty w/updated kitchen/bath, paint, electrical, furnace, and more. Original floors, trim, and decor. Rocking chair front porch and cute fenced front yard make this enjoyable inside and out. Guest house is 2 BR/1 BA that is neat, updated, with cute front porch. Lush back yard is expansive and offers multiple opportunities for kids, gardens, or fun. Back house only in flood fringe area. Seller has installed a drainage system and has no flooding of the house in his 15 years as owner. Plenty of separation/privacy between the 2 houses with plenty of parking for both. Back house currently rented at $1,200/month. Also listed as 2-4 family CMLS# 3640074. You'll need to see it to understand/appreciate it. Tour w/ drone shots! https://tours.4dncphoto.com/1643314?idx=1
Single-familyProperty Type
1928Year Built
0.67 acresLot Size
$355Price/Sq.Ft.
4 spacesParking
Listed by Brad Whitesell• Whitesell Real Estate Group
Bought with Alan Wray• CENTURY 21 Mountain Lifestyles
Amazing investment opportunity-2 houses on 1 large parcel in red hot N. Asheville! MULTIPLE INCOME STREAMS. 7 min. to downtown, 1 min. to Merrimon, 3 min. to Beaver Lake. Step back in time to "old Asheville". Main cottage is 2 BR/1 BA beauty w/updated kitchen/bath, paint, electrical, furnace, and more. Original floors, trim, and decor. Rocking chair front porch and cute fenced front yard make this enjoyable inside and out. Guest house is 2 BR/1 BA that is neat, updated, with cute front porch. Lush back yard is expansive and offers multiple opportunities for kids, gardens, or fun. Back house only in flood fringe area. Seller has installed a drainage system and has no flooding of the house in his 15 years as owner. Plenty of separation/privacy between the 2 houses with plenty of parking for both. Back house currently rented at $1,200/month. Also listed as SFR CMLS# 3639941. You'll need to see it to understand/appreciate it. Tour w/ drone shots! https://tours.4dncphoto.com/1643314?idx=1
CANOPYMLS as Distributed by MLS Grid #2
Jun 10, 2020
Price Changed
$439,000
$406/sq ft
Apr 30, 2020
Price Changed
$449,000
$415/sq ft
Feb 28, 2020
Price Changed
$459,000
$425/sq ft
Aug 28, 2019
Price Changed
$475,000
$439/sq ft
CANOPYMLS as Distributed by MLS Grid #1
Jun 10, 2020
Price Changed
$439,000
$406/sq ft
Apr 30, 2020
Price Changed
$449,000
$415/sq ft
Feb 28, 2020
Price Changed
$459,000
$425/sq ft
Aug 28, 2019
Price Changed
$475,000
$439/sq ft
Public Records
Jun 14, 2005
Sold
$175,000
$162/sq ft
Public Records
Jun 2, 1995
Sold
$70,000
$65/sq ft
Public Records
Oct 17, 1988
Sold
$62,500
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,955 (+7.2%)
$96,600 + $259,200
$355,800
2024
$3,688 (+2.9%)
$96,600 + $259,200
$355,800
2023
$3,584 (+1.0%)
$106,600 + $249,200
$355,800
2022
$3,548
$106,600 + $249,200
$355,800
2021
$3,548 (+17.9%)
$106,600 + $249,200
$355,800
2020
$3,010
$106,600 + $249,200
$355,800
2019
$3,010
$106,600 + $172,500
$279,100
2018
$3,011 (−0.9%)
$106,600 + $172,500
$279,100
2017
$3,039 (+21.4%)
$106,600 + $172,500
$279,100
2016
$2,503
$106,600 + $172,500
$279,100
2015
$2,503 (+1.3%)
$68,800 + $134,700
$203,500
2014
$2,472
$68,800 + $134,700
$203,500
Tax history for 244 Beaverdam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,955 (+7.2%)
$96,600 + $259,200
$355,800
2024
$3,688 (+2.9%)
$96,600 + $259,200
$355,800
2023
$3,584 (+1.0%)
$106,600 + $249,200
$355,800
2022
$3,548
$106,600 + $249,200
$355,800
2021
$3,548 (+17.9%)
$106,600 + $249,200
$355,800
2020
$3,010
$106,600 + $249,200
$355,800
2019
$3,010
$106,600 + $172,500
$279,100
2018
$3,011 (−0.9%)
$106,600 + $172,500
$279,100
2017
$3,039 (+21.4%)
$106,600 + $172,500
$279,100
2016
$2,503
$106,600 + $172,500
$279,100
2015
$2,503 (+1.3%)
$68,800 + $134,700
$203,500
2014
$2,472
$68,800 + $134,700
$203,500
*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
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.67 Acres
Year renovated
1928
Sq. Ft.
1,081
Year built
1928
Style
Other
County
Buncombe County
APN
974076209100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM6
RESOURCE MANAGEMENT OVERLAY
Residential Multi-Family Low Density District
It is the intent of the RM-6 Residential Multi-Family Low Density District to permit a limited range of low density multi-family housing types along with single-family detached and attached dwellings. This district is intended to provide a transitional area between single lower- and multi-family higher-density areas, and to provide a compatible mixture of these various housing types. Non-residential development normally required to provide the basic elements of a balanced and attractive residential area is also permitted.