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Active

144 Hanover Street

Asheville, NC 28806

Active 9 days on market Listing ID CAR 308055126

$675,000

Est. $3,880/mo See my rate

$301/Sq Ft

6 bd · 4 ba · 2,245 sqft · $301/sqft

6 Beds
4 Baths
2,245 Sq Ft
$301/Sq Ft
2006 Built
.25 acres Portfolio Listed Jul 19, 2026 Updated Jul 24, 2026 HOA None

About This Home

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand.

Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio.

Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

Property history

  1. Jul 19, 2026
    Listed for sale $675,000 Active
    9 days on market
  2. Oct 17, 2012
    Sold $86,200 Closed
    Listed $97,500 · Sep 24, 2012 23 days on market
    Previously sold for $86,200
  3. Sep 24, 2012
    Previously listed $97,500 Closed

Property Details

Interior Details

Heating
  • Central
  • Forced Air
  • Heat Pump
Flooring
  • Tile
Roomother
  • Primary Bedroom
  • Bedroom(s)
  • Bathroom(s)
  • Kitchen
  • Living Room
  • Dining Area
  • Laundry
Door Features
  • Insulated Door(s)
Window Features
  • Insulated Window(s)
Laundry Features
  • Laundry Room
Mainlevelgarageyn
0

Square Footage And Levels

Above Grade Finished Area
2245
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Construction Materials
  • Fiber Cement
  • Vinyl
  • Other - See Remarks
Patio And Porch Features
  • Covered
  • Deck
  • Front Porch
  • Porch

Lot And Land

Lot Size Acres
0.25
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Crawl Space

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville

Zoning And Restrictions

Zoningspecification
R M8

Multi Unit Details

Total Number Of Units
2

Listed by Shane Surratt (828-777-1977) · Ivester Jackson Blackstream (828-367-9001)

Location

Address
144 Hanover Street
City
Asheville, NC 28806
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Schools

Elementary
Unspecified
Middle
Asheville
High
Asheville

School assignments may change. Contact the school district to confirm.

Canopy MLS

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