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Alta Vista
1/46
$517k

$517,000

5 Main Street

Asheville, NC 28803

3Beds
2Baths
2,080Sq Ft
1926Built

About This Property

Income-Producing Property with Development Potential in Prime Asheville Location

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5 Main Street presents a compelling opportunity for investors and developers seeking immediate cash flow with future upside. Ideally positioned near Biltmore Village and the rapidly evolving Swannanoa River corridor, this property combines proven rental performance with additional development potential.

The home features a fully renovated (2021) lower level configured as a private studio apartment with both interior and exterior access—ideal for homestay or monthly rental use. This space highlights original 100-year-old exposed brick with distinctive arched window details, creating a unique and highly marketable aesthetic. The studio includes a bedroom area, full bath with antique clawfoot tub, independent mini-split HVAC, updated electrical, and a living area with a built-in projector for a 90-inch display. Interior and exterior French drains were installed prior to Hurricane Helene and performed as designed.

CAR MLS # 300667891

Quick Facts

Time on Site

22 days ago

Property Type

Residential

Year Built

1926

Price/Sq.Ft.

$249

Property Details
Bedrooms:
3
Bathrooms:
2
Living Area:
2,080 SqFt
Sub-Type:
SingleFamilyResidence
Schools
Elementary:
Unspecified
Middle:
AC Reynolds
High:
AC Reynolds
School assignments may change. Contact the school district to confirm.

Features & Amenities

Location & Map

Address

5 Main Street, Asheville, NC 28803

Community

Alta Vista

Map View

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Additional Information

Utilities

Sewer
  • County Sewer
Water Source
  • City

Lot And Land

Lot Size Units
Acres

Agent Contacts

Listing Agent
Listing agent: Michael Stratton (828-734-0406)
Listing Office
Listing provided courtesy of: Wander Wagon Tours & Realty (828-734-0406)
Request Showing
  • Palmetto Park Realty Team Fort Mill: 803.548.6123
Source Identification
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record. Learn more.

Interior Details

Heating
  • Natural Gas
Sq Ft Main
1280
Room Count
2
Sq Ft Lower
0
Sq Ft Third
0
Sq Ft Upper
0
Exclusions
Vintage Refrigerator (basement); Lexington Glass Pendent lights
Bedroom Main
2
Full Bath Main
1
Half Bath Main
0
Half Bathrooms
0
Bedroom Basement
1
Total Bathrooms
2
Full Bath Basement
1
Laundry Features
  • Common Area
  • Electric Dryer Hookup
  • In Basement
  • Washer Hookup
Main Level Garage Y N
0
Sq Ft Unheated Total
0
Sq Ft Total Property H L A
2080

Exterior Features

Roof
  • Aluminum
Construction Materials
  • Vinyl

Parking And Garage

Parking Features
  • Driveway

Financial Information

City Taxes Paid To
Asheville

Basement And Foundation

Basement
  • Apartment
Foundation Details
  • Basement
  • Slab

Zoning And Restrictions

Zoning Specification
R M8

Square Footage And Levels

Levels
  • Split Level
Above Grade Finished Area
1280
Below Grade Finished Area
800

Additional C A R Information

Assumable
No
Auction Y N
0
C C R Subject To
No
Owner Agent Y N
1
Deed Reference
6133-1251
Plat Book Slide
0010/0105
Association Email
Construction Type
Site Built
Attribution Contact
Mls Major Change Type
New Listing
Down Payment Resource Y N
1
Attribution Type Listing
List Agent Email
Green Verification Count
0
Syndicate Participation
Participant Options
Canopy MLS

IDX information is provided exclusively for consumers' personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement. Based on information submitted to the MLS GRID as of Thu, Apr 30, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner. Please send DMCA notices to: [email protected]