42 Furman Avenue
Asheville, NC 28801
Est. $31,615/mo — See my rate
$717/Sq Ft
7,675 sqft · $717/sqft
About This Home
42 Furman Avenue represents one of the most compelling short-term rental investment opportunities in downtown Asheville—a fully licensed, purpose-built 16-unit STR asset in a market where new permits are no longer issued. Spanning approximately 8,395 square feet across three stories plus a walkout basement, the building was completely renovated to the studs and redesigned specifically for short-term rental use, delivering modern interiors, efficient layouts, and strong visual appeal for today’s guest expectations. The unit mix includes twelve one-bedroom units and four studios, all configured to maximize occupancy and revenue potential.
Located less than a mile from Asheville’s core attractions—including its nationally recognized dining scene, River Arts District, and cultural amenities—the property benefits from consistent year-round demand. With dedicated parking, an active and compliant STR license, and a structure that cannot be replicated under current regulations, this asset offers a rare combination of scale, location, and operational upside for an investor seeking to establish or expand a presence in one of the Southeast’s most resilient short-term rental markets.
Property Details
Interior Details
- Inclusions
- Building
- Business
- Licenses
- Other
- Sqftmaximumlease
- 8395.00
- Sqftminimumlease
- 8395.00
- Sqftavailablemaximum
- 8395
- Sqftavailableminimum
- 8395
Square Footage And Levels
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Parking Lot
Lot And Land
- Lot Size Acres
- 0.31
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Finished
- Full
Waterfront And View
- View
- City
Financial Information
- Citytaxespaidto
- Asheville
Zoning And Restrictions
- Zoningspecification
- O F F I C E
Multi Unit Details
- Total Number Of Units
- 16
- Number Of Leased Units
- 16
Listed by Tyler Coon (828-620-2541) · EXP Realty LLC (888-584-9431)
Location
- Address
- 42 Furman Avenue
- City
- Asheville, NC 28801
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