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Listing provided courtesy of Appalachian Realty AssociatesMLS# 4197890MLS ProviderContact Information: [email protected]
  • 598 days on site
  • 1 views

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Source: Canopy MLS, MLS#: 4197890

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  • Property Type
    Residential Income

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Ivester Jackson Christie's

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  • Median Age
    39
  • Population Density
    2,666
  • College Educated
    55%
  • Estimated Median Income
    $37,475
  • Estimated Total Home Owners
    2,419
  • Estimated Total Renters
    4,047
  • Owner / Renter Divide
    37% / 63%
  • Estimated Average Household Size
    2
  • Total Population
    13,792
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 181 Merrimon Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
11/4/2025Source: Canopy MLS Price Reduction
$998,000 -8.9%
11/8/2024Source: Canopy MLS Added to Database
November 08, 2024