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  • $1,095,000

    181 Merrimon Ave, Asheville, NC 28801

    --beds
    3,212sqft
    : 
    Multi Family
    Built in 1907
    -- sqft lot
    $-- Zestimate®
    $341/sqft
    $-- HOA

    What's special

    Bonus roomOff street parkingStudio apartments
    INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.
    224 days
    on Zillow
    |
    287
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 29, 2025 at 10:29am

    Listing Provided by:

    Gray Tolson gray@appalachianrealty.com,

    Appalachian Realty Associates

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4197890MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 181 Merrimon Ave.

    Next available tour time:Tomorrow at 10:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    • Laundry: None
    Features
    • Basement: Apartment
    Interior area
    • Total structure area: 3,212
    • Total interior livable area: 3,212 sqft
    • Finished area above ground: 3,212
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Parking Space(s)
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 964944212600000
    • Zoning: CBI
    • Special conditions: Subject to Lease

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Arts and Crafts
    • Property subtype: Multi Family
    Materials
    • Cedar Shake
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Asheville
    • Elevation: 2000 Feet

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $741,300
    • Annual tax amount: $7,658
    • Date on market: 11/8/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: All Except Water
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved
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