119 Fairfax Avenue
Asheville, NC 28806
Est. $1,771/mo20% down · 7.125% · 30-yrAdjust
- P&I$1,504
- Taxes$174
- Insurance$93
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$237/Sq Ft
4 bd · 2 ba · 1,176 sqft · $237/sqft
About This Home
**Prime West Asheville Location + Income & Development Potential!**
Welcome to 119 Fairfax, ideally located just off Haywood Road in the heart of **West Asheville and just minutes from Downtown Asheville**. This classic early-1900s duplex sits on an **oversized RM-8 zoned lot**, offering a rare combination of location, rental income potential, renovation opportunity, and future development possibilities.
The existing duplex offers two potential income-producing units. The upper level features a spacious **3-bedroom, 1-bath layout ready for remodeling**, while the lower-level **1-bedroom, 1-bath unit has been recently renovated** and is move-in ready, with a recent lease at **$1,250/month**per apartment.
There are multiple ways to envision this property. **Update and renovate the existing duplex**, creating an attractive income-producing property in one of Asheville's most desirable areas—or explore the potential to **redevelop the property entirely**, taking advantage of the large lot and RM-8 zoning. Depending on applicable zoning requirements, site conditions, access, setbacks, parking, and City approvals, the property may offer potential for **additional residential development or more than one structure**.
For an investor, the existing duplex provides an opportunity to generate rental income while evaluating future options. For a developer, the **oversized RM-8 lot in such a close-in West Asheville location** presents an opportunity worth exploring.
Enjoy being just minutes from **Haywood Road, West Asheville's restaurants, breweries, shops, and entertainment, as well as Downtown Asheville**. Properties offering this combination of location, lot size, existing income potential, and development possibilities are increasingly difficult to find.
**Renovate it. Reimagine it. Redevelop it. The possibilities at 119 Fairfax are worth exploring.** Buyers should independently verify all zoning, density, development, access, parking, and building possibilities with the City of Asheville. PROPERTY IS NOW VACANT AND NOT FURNISHED.
Property history
-
Sep 21, 2026Went pending $279,000 PendingActive -> Pending
-
Sep 18, 2026Listed for sale $279,000 PendingListed 3 Days
-
May 25, 2026Status changed to Off Market $320,000 Off MarketPending -> Off Market
Show 2 more Show less
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Apr 25, 2026Went pending $320,000 PendingActive -> Pending
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Apr 8, 2026Previously listed $320,000 Off Market
Property Details
Interior Details
- Heating
- Oil
- Flooring
- Concrete
- Laminate
- Linoleum
- Vinyl
- Room Count
- 5
- Half Bathrooms
- 0
- Total Bathrooms
- 2
- Laundry Features
- Common Area
- In Basement
- Main Level Sq Ft
- 1176
- Main Level Bedrooms
- 3
- Main Level Full Baths
- 1
- Main Level Half Baths
- 0
- Second Living Quarters
- Exterior Connected
- Separate Entrance
- Separate Kitchen Facilities
- Separate Living Quarters
- Separate Utilities
- Other - See Remarks
- Total Heated Living Area
- 1789
- Second Living Quarters Sq Ft
- 396
- Second Living Quarters Bedrooms
- 1
- Second Living Quarters Full Baths
- 1
Dwelling And Structure
- Construction Type
- Site Built
- Architectural Style
- Bungalow
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 1176
Parking And Garage
- Open Parking
- true
- Carport Present
- true
- Parking Features
- Attached Carport
- Driveway
- On Street
- Open Parking Spaces
- 6
Exterior Features
- Roof
- Composition
- Construction Materials
- Asbestos
- Vinyl
- Patio And Porch Features
- Covered
- Patio
- Side Porch
Lot And Land
- Lot Features
- Infill Lot
- Sloped
- Wooded
- Lot Size Acres
- 0.23
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Apartment
- Daylight
- Storage Space
- Foundation Details
- Basement
Utilities
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Electricity Connected
- Water Source
- City
Financial Information
- Hoa Dues
- No
- City Taxes Paid To
- Asheville
Zoning And Restrictions
- Zoning
- R M8
Listed by Joseph Ruiz (828-231-3475) · Mosaic Community Lifestyle Realty (828-707-9556)
Location
- Address
- 119 Fairfax Avenue
- City
- Asheville, NC 28806
- Community
- Galax Park
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