An exceptional investment opportunity in a convenient South Asheville location, just outside the Asheville city limits. This well-maintained triplex features three spacious townhomes, each offering three bedrooms, two-and-a-half baths, a gas fireplace, private patio and attached one-car garage. With an established rental history and all three units tenant-occupied, the property provides immediate rental income and an attractive opportunity for investors seeking an established, potential income-producing asset. Alternatively, an owner-occupant could enjoy the flexibility of living in one townhome while generating potential rental income from the other two units. Recent roof replacements, additional parking and consistent property maintenance further enhance its long-term investment appeal. An additional advantage is the property's Buncombe County NS (Neighborhood Service) zoning, which allows for a mix of residential, commercial, business and service uses. Permitted uses within this zoning district include multifamily residential, professional and business offices, retail establishments, restaurants and certain other neighborhood-oriented commercial services, offering flexibility for investors considering future uses or redevelopment opportunities, subject to applicable county requirements. The parcel provides the ability to add additional units. Conveniently just minutes from Biltmore Village, Asheville Regional Airport, shopping, dining and major transportation corridors, the property offers a desirable combination of location, functionality and rental potential. Whether expanding an investment portfolio, exploring the possibilities of mixed-use zoning or seeking a primary residence with potential supplemental rental income, this versatile property presents an excellent opportunity in the Asheville market.
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Listing Snapshot
Price
$789,000
Days On Site
1 Day
Bedrooms
9
Inside Area (SqFt)
4,036 sqft
Total Baths
7.5
Full Baths
6
Partial Baths
3
Lot Size
0.35 Acres
Year Built
2005
MLS® Number
4386730
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
yesterday
Listing first seen on site
yesterday
Listing updated with changes from the MLS®
General Features
Attached Garage
Yes
Foundation
Slab
Garage
Yes
Garage Spaces
3
Parking
Garage Faces FrontParking Lot
Parking Spaces
8
Pets
Yes
Property Sub Type
Triplex
Sewer
Public Sewer
SqFt Above
4036
SqFt Total
4036
Style
Traditional
Utilities
Natural Gas AvailableCable AvailableElectricity Connected
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Last checked - 2026-10-14 09:52 AM UTC
Neighborhood & Commute
Source: Walkscore
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