photo 1: 580 Fairview Road, Asheville NC 28803

Courtesy of House In Order, LLC.

Active

580 Fairview Road, Asheville NC 28803

$574,888

Price

5

Beds

4

Baths

2,186

Sq. Ft.

This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio

Listing Type

Multifamily

Property Type

Duplex

Built Year

1920

Levels

--

Price/Sqft

--

Lot Size Acre

0.24

Status

Active

Days on Realoq

5

Living Area

2,186 Sq. Ft.

Lot Size Sqft

10,454 Sq. Ft.

Location

Fireplace
  • No
Laundry Features
  • In Unit
Cooling Features
  • Heat Pump
Heating Features
  • Heat Pump
Appliances
  • Refrigerator, Washer\/Dryer
Agent

Aaron Kraft

Brokerage

House In Order, LLC

Source AOR

Buncombe

Listing ID #

4235228

Based on information submitted to the MLS GRID as of 04/03/2025 11:43 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Listings courtesy of © 2025 Canopy MLS as distributed by MLS GRID

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