615 Biltmore Avenue
Asheville, NC 28803
Est. $11,989/mo20% down · 7.125% · 30-yrAdjust
- P&I$9,163
- Taxes$1,063
- Insurance$567
- PMI$0
- HOA$1,196
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$314/Sq Ft
10 bd · 10 ba · 5,410 sqft · $314/sqft
HOA & Association
About This Commercial Property
Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, minutes to downtown Asheville and Biltmore Village.
The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Low maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. Opportunity in a proven Asheville location with enduring rental appeal.
Rental history available upon request.
Property history
-
Aug 20, 2026Status changed to Off Market $1,700,000 Off MarketActive -> Off Market
-
Aug 20, 2026Listed for sale $1,700,000 ActiveListed 33 Days
-
Aug 19, 2026Price reduced $1,700,000 ActiveWas $1,850,000
Show 1 more Show less
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Apr 7, 2026Previously listed $1,700,000 Off Market
Property Details
Interior Details
- Heating
- Forced Air
- Flooring
- Wood
- Room Other
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Living Room
- Laundry Features
- Other - See Remarks
- Security Features
- Smoke Detector(s)
Dwelling And Structure
- Architectural Style
- Arts and Crafts
- Old World
- Traditional
- Construction Type
- Site Built
Square Footage And Levels
- Above Grade Finished Area
- 5410
Parking And Garage
- Parking Features
- On Street
- Parking Lot
Exterior Features
- Roof
- Built-Up
- Exterior Features
- Lawn Maintenance
- Construction Materials
- Brick Full
Lot And Land
- Lot Features
- Cleared
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Public Sewer
- Utilities
- Cable Connected
- Electricity Connected
- Satellite Internet Available
- Water Source
- City
Financial Information
- City Taxes Paid To
- Asheville
- Hoa Dues
- Mandatory
Zoning And Restrictions
- Zoning
- R M16
- Subject To Ccrs
- Yes
Multi Unit Details
- Total Number Of Units
- 8
Listed by Emily Butcher (213-447-9110) · Howard Hanna Beverly-Hanks Asheville-Downtown (828-254-7221)
Location
- Address
- 615 Biltmore Avenue
- City
- Asheville, NC 28803
- Community
- Beverly Condos
Schools
- Elementary
- Asheville City
- Middle
- Asheville
- High
- Asheville
School assignments may change. Contact the school district to confirm.
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