$665,000
$10K PRICE DROP

Estimated payment $3,699/month

Total Views 12,819
5 Beds
3 Baths
2,802 Sq Ft
$237 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Wooded Lot
  • Finished Attic
  • Walk-In Closet

About This Home

Investor Alert! Income-producing property in the heart of Oakley! The house includes a separate 2-bedroom, 1-bathroom living space currently rented monthly, while the main house is two stories with 3 bedrooms and 2 bathrooms. Spacious, quiet, and full of original character with thoughtful updates. This solid brick 5-bedroom, 3-bath home provides flexibility: live in one unit and rent the other, or enjoy the whole house. The property comes with a flag lot perfect for building an ADU! Conveniently located minutes from Biltmore Village, Downtown Asheville, the Blue Ridge Parkway, and major interstates—this is true Central Asheville living!

Listing Agent

Katie Wangrin

Preferred Properties Brokerage Email: Katie@PreferredProp.com License #284524 Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 9,845 Sq Ft Lot
  • Front Green Space
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Architectural Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Wood Burning Fireplace
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Oven
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Walk-In Attic
  • Finished Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Basement Storage
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Oakley Subdivision

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, gas, sewer, trash collection, water
  • Assessor Parcel Number 9657-29-2642-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1941
  • Restrictions: N/A
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Concrete, Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: Katie@PreferredProp.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Attic Finished, Attic Walk In, Pantry, Split Bedroom, Storage, Walk-In Closet(s)
  • Sq Ft Unheated Basement: 850
  • Appliances: Disposal, Dryer, Electric Oven, ENERGY STAR Qualified Dishwasher, Gas Water Heater, Refrigerator, Washer
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Sewer, Trash Collection, Water
  • Above Grade Finished Sq Ft: 1744
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Apartment, Daylight, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1058
  • Door Features: Screen Door(s), Sliding Doors, Storm Door(s)
  • Fireplace Features: Living Room, Wood Burning, Other - See Remarks
  • Living Area: 2802
  • Unit Type Features: Attic Finished,Built-in Features,Ceiling Fan(s),Pantry,Split BR Plan
  • Unit Type Features: Built-in Features,Ceiling Fan(s),Entry Hall,Pantry,Split BR Plan

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Ductless, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Ductless, Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9657-29-2642-00000
  • Zoning: RS8
  • Lot Size Acres: 0.226
  • Additional Parcels: No
  • Zoning Specification: RS8

Rental Info

  • Tenant Pays: Internet
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,948 $318,100 $78,000 $240,100
2024 $2,948 $318,100 $78,000 $240,100
2023 $2,948 $318,100 $78,000 $240,100
2022 $2,834 $318,100 $0 $0
2021 $2,834 $318,100 $0 $0
2020 $2,442 $254,900 $0 $0
2019 $2,442 $254,900 $0 $0
2018 $2,442 $254,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2026 02/06/26 Price Changed $665,000 -1.5% $237 / Sq Ft
10/13/2025 10/13/25 For Sale $675,000 +107.7% $241 / Sq Ft
05/11/2017 05/11/17 Sold $325,000 -18.5% $115 / Sq Ft View Prior Sale
03/28/2017 03/28/17 Pending -- -- --
05/29/2016 05/29/16 For Sale $399,000 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4305954

Canopy MLS (Canopy Realtor® Association)

APN: 9657-29-2642-00000