$500,000

Estimated payment $3,035/month

Total Views 139
3 Beds
2 Baths
1,392 Sq Ft
$359 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Dining Area
  • Asheville High Rated A-
  • Laundry Room

About This Home

Excellent investment opportunity in a prime Asheville location! 26 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income.

Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval.

The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates.

With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 26 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

Listing Agent

Andrew Lanteri

Nest Realty Asheville Brokerage Email: andrew@andrewlanterigroup.com License #299643 Listed on: 09/11/2026

Nest Realty Asheville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Area
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Claxton Elementary School
  • Asheville Middle School
  • Asheville High School

Additional Features

  • 10,890 Sq Ft Lot
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Jackson Park Subdivision

Listing and Financial Details

  • The owner pays for exterior maintenance
  • Assessor Parcel Number 9649-27-7295-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1937
  • Road Surface Type: Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: andrew@andrewlanterigroup.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Electric Range, Refrigerator
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 1392
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1392
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Vinyl

Garage/Parking

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

Utilities

  • Heating: Ductless
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Main Level
  • Cooling: Ductless
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Asheville
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9649-27-7295-00000
  • Zoning: RS8
  • Lot Size Acres: 0.25
  • Additional Parcels: No
  • Zoning Specification: RS8

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Claxton
  • High School: Asheville

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,161 $299,200 $162,900 $136,300
2024 $3,161 $299,200 $162,900 $136,300
2023 $3,161 $299,200 $162,900 $136,300
2022 $2,984 $299,200 $0 $0
2021 $2,984 $299,200 $0 $0
2020 $2,270 $210,600 $0 $0
2019 $2,270 $210,600 $0 $0
2018 $2,270 $210,600 $0 $0
2017 $2,291 $167,800 $0 $0
2016 $2,062 $167,800 $0 $0
2015 $2,062 $167,800 $0 $0
2014 $2,037 $167,800 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2026 09/11/26 For Sale $500,000 -- $359 / Sq Ft
Source: Canopy MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $170,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $303,750 New Conventional
Closed $206,250 New Conventional
Closed $155,000 Unknown
Source: Public Records

Source: Canopy MLS

MLS Number: 4423788

Canopy MLS

APN: 9649-27-7295-00000

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