1925 Brick Home. Great central location just off Merrimon Ave. Walk to restaurants, shopping, etc. Convenient to UNCA, and all that Asheville has to offer. Currently rented as Multi-Family with one 1BR/1BA apartment and one 2BR/1BA apartment. Zoning is RS8. Per Seller, was grandfathered as a triplex. Shared laundry and storage area in the unfinished basement which was previously a 3rd apartment. Detached 2 car garage (shared). Covered front porch. It is possible that it could be converted back to a Single Family Residence.
Active
$650,000
16 Gracelyn Rd, Asheville, NC 28804
3beds
2baths
1,567sqft
Est.:
Duplex
Built in 1925
-- sqft lot
$618,500 Zestimate®
$415/sqft
$-- HOA
What's special
Brick homeUnfinished basementCovered front porch
- 68 days |
- 768 |
- 38 |
Zillow last checked: 8 hours ago
Listing updated: October 30, 2025 at 02:02am
Listing Provided by:
Denise Girouard dsgirouard@gmail.com,
Cornerstone Real Estate Cons.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4317440
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Common Area, In Basement
Features
- Flooring: Wood
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 1,567
- Total interior livable area: 1,567 sqft
- Finished area above ground: 1,567
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 0.21 Acres
Details
- Parcel number: 974041355700000
- Zoning: RS8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $392,600
- Annual tax amount: $4,313
- Date on market: 10/29/2025
- Cumulative days on market: 68 days
- Exclusions: Kitchen island in 1st flr apt. is Tenant's.
- Tenant pays: None
- Road surface type: Dirt, Paved
Estimated market value
$618,500
$588,000 - $649,000
$2,239/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $650,000+140.7%$415/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4317440 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/6/2020 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 8/18/2016 | Sold | $270,000$172/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,313 +50.2% | $392,600 +41.3% |
| 2024 | $2,871 +2.6% | $277,900 |
| 2023 | $2,799 +1% | $277,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,615/mo
Principal & interest
$3100
Property taxes
$287
Home insurance
$228
Climate risks
Neighborhood: 28804
Nearby schools
GreatSchools rating
- 4/10Ira B Jones ElementaryGrades: PK-5Distance: 0.3 mi
- 7/10Asheville MiddleGrades: 6-8Distance: 2.8 mi
- 5/10Asheville HighGrades: PK,9-12Distance: 3.7 mi
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