65 King Street
Asheville, NC 28804
Est. $3,175/mo20% down · 7.125% · 30-yrAdjust
- P&I$2,695
- Taxes$313
- Insurance$167
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$359/Sq Ft
3 bd · 2 ba · 1,392 sqft · $359/sqft
About This Multi-Family Property
Excellent investment opportunity in a prime Asheville location! 65 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income.
Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval.
The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates.
With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 65 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.
Property Details
Interior Details
- Heating
- Ductless
- Room Other
- Primary Bedroom
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Living Room
- Dining Area
- Laundry Features
- In Unit
- Main Level
Dwelling And Structure
- Construction Type
- Site Built
Square Footage And Levels
- Above Grade Finished Area
- 1392
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Roof
- Composition
- Construction Materials
- Vinyl
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
- City Taxes Paid To
- Asheville
Zoning And Restrictions
- Zoning
- R S8
Multi Unit Details
- Total Number Of Units
- 2
Listed by Andrew Lanteri (203-260-7848) · Nest Realty Asheville (828-318-8313)
Location
- Address
- 65 King Street
- City
- Asheville, NC 28804
- Community
- Jackson Park
Schools
- Elementary
- Claxton
- Middle
- Asheville
- High
- Asheville
School assignments may change. Contact the school district to confirm.
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