Active

181 Merrimon Avenue

Asheville, NC 28801

Active 626 days on market Listing ID CAR 262711716

$899,000

Est. $5,168/mo — See my rate

$280/Sq Ft

4 ba · 3,212 sqft · $280/sqft

— Beds

4 Baths

3,212 Sq Ft

$280/Sq Ft

1907 Built

.41 acres Apartment Listed Nov 8, 2024 Updated Jul 15, 2026 HOA None

About This Home

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .

41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler.

The property is commercially zoned (CB1) and could be converted to commercial use.

Property Details

Interior Details

Heating: Hot Water
Natural Gas
Laundry Features: None
Mainlevelgarageyn: 0

Dwelling And Structure

Architectural Style: Arts and Crafts

Square Footage And Levels

Above Grade Finished Area: 3212
Below Grade Finished Area: 0

Parking And Garage

Parking Features: Driveway
Parking Space(s)

Exterior Features

Roof: Architectural Shingle
Construction Materials: Cedar Shake

Lot And Land

Lot Size Acres: 0.41
Lot Size Units: Acres

Basement And Foundation

Basement: Apartment
Foundation Details: Basement
Pillar/Post/Pier

Waterfront And View

View: City
Waterfront Features: None

Utilities

Sewer: Public Sewer
Utilities: Cable Connected
Electricity Connected
Natural Gas
Water Source: City

Financial Information

Citytaxespaidto: Asheville
Proposedspecialassessmentdescription: None

Zoning And Restrictions

Zoningspecification: C B I

Multi Unit Details

Total Number Of Units: 4

Listed by Gray Tolson (828-279-4058) · Appalachian Realty Associates (828-255-7530)

Location

Address: 181 Merrimon Avenue
City: Asheville, NC 28801

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Schools

Elementary: Asheville City
Middle: Asheville
High: Asheville

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

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