Excellent Opportunity in Swannanoa! Whether you're looking for a home with built-in income potential or a savvy investment property, this versatile duplex fits the bill. Tucked into a peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks—and only 12 minutes to both downtown Black Mountain and Asheville—the location blends convenience with charm. The updated upper-level unit offers a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom (furniture can stay!). The lower-level unit, newly renovated and roughly twice the size of the upper, features a spacious bedroom and sitting area, a well-appointed eat-in kitchen, an office nook, and an updated bathroom. Both units share a convenient laundry area with exterior access, and storage is abundant: a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level. This is a great setup for house hacking—live in one unit and rent the other to offset your mortgage—or keep both units rented for pure investment income. Prefer a single-family layout instead? See attachment with AI rendering of staircase addition. Also listed as Multiunit MLS 4425501.
Excellent Opportunity in Swannanoa! Whether you’re looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks—and only 12 minutes to both downtown Black Mountain and Asheville—this location perfectly blends convenience and charm. The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom. Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces—a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level. Also listed as SFR MLS 4425261.
CANOPYMLS as Distributed by MLS Grid #4425261
Sep 16, 2026
Listed
$349,000
$259/sq ft
CANOPYMLS as Distributed by MLS Grid #4398896
Aug 20, 2026
Price Changed
$360,000
$267/sq ft
Jul 2, 2026
Listed
$385,000
$285/sq ft
CANOPYMLS as Distributed by MLS Grid #4400433
Sep 2, 2026
Price Changed
$360,000
$267/sq ft
Jul 2, 2026
Listed
$385,000
$285/sq ft
CANOPYMLS as Distributed by MLS Grid #4322798
Dec 7, 2025
Price Changed
$399,000
$296/sq ft
Nov 20, 2025
Price Changed
$425,000
$315/sq ft
Nov 18, 2025
Listed
$445,000
$330/sq ft
CANOPYMLS as Distributed by MLS Grid #4318186
Dec 7, 2025
Price Changed
$399,000
$296/sq ft
Nov 20, 2025
Price Changed
$425,000
$315/sq ft
Nov 4, 2025
Listed
$445,000
$330/sq ft
CANOPYMLS as Distributed by MLS Grid #3668535
Dec 18, 2020
Sold
$237,500
$176/sq ft
Nov 3, 2020
Contingent
—
Oct 27, 2020
Price Changed
$242,500
$180/sq ft
Oct 2, 2020
Listed
$245,000
$182/sq ft
CANOPYMLS as Distributed by MLS Grid #3570958
Nov 22, 2019
Listed
$239,900
$178/sq ft
Public Records
Oct 26, 2010
Sold
$700,000
$519/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,329 (+5.9%)
$38,200 + $152,600
$190,800
2024
$1,255 (+3.1%)
$38,200 + $152,600
$190,800
2023
$1,217 (+1.6%)
$38,200 + $152,600
$190,800
2022
$1,198
$38,200 + $152,600
$190,800
2021
$1,198 (+9.1%)
$38,200 + $152,600
$190,800
2020
$1,098
$38,200 + $152,600
$190,800
2019
$1,098
$38,200 + $125,900
$164,100
2018
$1,098 (+0.1%)
$38,200 + $125,900
$164,100
2017
$1,096 (−3.1%)
$38,200 + $125,900
$164,100
2016
$1,131
$38,200 + $125,900
$164,100
2015
$1,131
$28,900 + $125,500
$154,400
2014
$1,131
$28,900 + $125,500
$154,400
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.52 Acres
Year renovated
2002
Finished Sq. Ft.
1,608
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,608
Year built
2002
Style
Multi-Family (2-4 Unit)
County
Buncombe County
APN
968912199400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-1
Residential District
The R-1 Residential District is primarily intended to provide locations for single-family and two-family residential development and supporting recreational, community service, and educational uses in areas where public water and sewer services are available or will likely be provided in the future. This district is further intended to protect existing subdivisions from encroachment of incompatible land uses, and this district does not allow manufactured home parks.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use building
Recreation
Jun 5, 2026 • Final
Residential combo
Perform a like-for-like replacement of a two-zone mini-split system.
HVAC
Jan 19, 2022 • Active
Residential combo
Perform a like-for-like replacement of existing components.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
10 days above 91° expected this year, 27 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Swannanoa, NC • 28778
Average low and high temperatures (°F)
40
23
49
31
61
40
69
48
69
52
77
61
80
65
72
60
71
55
64
46
56
39
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Swannanoa. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 223 Davidson Rd
$340,797
$8,203 under list price of $349K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $140K to $459K.