INVESTORS DREAM RENTAL PROPERTY!!! This charming 4-Plex sits in the heart of Asheville, just blocks away from vibrant downtown! Sidewalks lead the way to an array of dining & entertainment options as well as quick access to Trader Joes & Harris Teeter. Convenience doesn't get better than this when folks are looking for all things Asheville kind of living! This property offers (3) 2 Bed/1 Bath Units and (1) 1 Bed/1 Bath Unit. Each Unit has a covered porch entrance, spacious living rooms, kitchens and bedrooms & a common laundry area-shared by all tenants. Abundant OFF STREET PARKING behind the house off of Lee St. An ideal location paired with mega possibilities make this a NO BRAINER INVESTMENT! See it today before it's gone tomorrow! Long term tenants in place!
Multi-familyProperty Type
1917Year Built
6,534 sq ftLot Size
$241Est. Price/Sq.Ft.
4 spacesParking
Listed by Marie Reed• Keller Williams Professionals
Bought with Caley Bowman• Mosaic Community Lifestyle Realty
*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
1
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
1960
Sq. Ft.
2,977
Year built
1917
Style
Multi-Family (5+ Unit)
County
Buncombe County
APN
964954039600000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
RM8
RESOURCE MANAGEMENT OVERLAY
Residential Multi-Family Medium Density District
It is the intent of the RM-8 Residential Multi-Family Medium Density District to permit a full range of medium density multi-family housing types along with single-family detached and attached residences. This district is intended to provide a transitional area between high density single-family and multi-family areas, and to permit medium density multi-family development in areas where existing conditions make higher density development inappropriate. Non-residential 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
Housing-Multiple units
Fire house
Library
Police station
Golf related
Communications tower
Cemetery
Park & open space
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
SqFt Garage: 0
Parking Features: Driveway, Parking Space - 4+
Interior
Bedroom Information
# of Bedrooms: 7
Bathroom Information
# of Full Baths (Total): 4
Laundry Room Information
Laundry Features: Upper Level, Utility Room
Heating & Cooling
Heating Information: Gas Hot Air Furnace, Natural Gas
Interior Features
Appliances: Dryer, Gas Range, Refrigerator, Washer
Flooring: Vinyl, Wood
Multi-Unit Information
# of Units (Total): 4
# of Units: 4
Unit Type 1 Information
# of Bedrooms: 2
Unit Type 2 Information
# of Bedrooms: 2
Unit Type 3 Information
# of Bedrooms: 2
Unit Type 4 Information
# of Bedrooms: 1
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Wood Siding
Exterior Features
Porch: Covered,Front,Side
Property Information
Property Sub Type: Multi-Family
Lot Information
Lot Features: Paved, Sloped
Lot Size Area: 0.15
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Financial
Lease / Rent Details
Tenant Pays: All Utilities
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Water Heater Information: Electric
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Asheville City
Middle Or Junior High School: Asheville
High School: Asheville
Location Information
Directions: From Downtown: Head North on Merrimon Ave. Turn Right onto Broad Street then 2nd Left onto Washington Rd. Property is on the Right.
Community Information
Pets Allowed: No
Public facts
Beds: 1
Baths: 4.0
Sq. Ft.: 2,977
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1917
Year Renovated: 1960
County: Buncombe County
APN: 964954039600000
Home facts updated by county records on Aug 10, 2026
Other
Home Information
Living Area: 2782
Building Area Total: 2782
Foundation Details: Crawl Space
Structure Type: Fourplex
Around this home
Schools
Claxton Elementary
Public K-5 • Assigned • 0.2mi
6/10
Asheville Middle
Public 6-8 • Assigned • 1.5mi
7/10
Silsa
Public 9-12 • Assigned • 2.3mi
8/10
Asheville High
Public PreK-12 • Assigned • 2.3mi
6/10
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 98° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Asheville, NC • 28801
Average low and high temperatures (°F)
45
26
55
33
67
42
74
50
75
55
85
63
87
68
79
64
77
60
70
48
61
42
51
33
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.