Charming South Asheville Duplex with Expansion Potential!
Discover an excellent investment opportunity with this versatile duplex, ideally situated near all the shopping, dining, and amenities that vibrant South Asheville has to offer. Each unit features 1 spacious bedroom and 1 full bathroom, offering comfortable living for tenants or future owners.
Sitting on a generous 0.73-acre lot, this property offers ample space for potential development, whether you’re considering adding another duplex or building a single-family home (buyer to confirm with local zoning authorities).
Currently, both units are rented, providing immediate rental income for the savvy investor.
Don’t miss this chance to own a well-located duplex with excellent upside potential in one of Asheville’s most desirable areas!
Active
$395,000
376 Mills Gap Rd #1, Asheville, NC 28803
2beds
1,271sqft
Est.:
Duplex
Built in 1970
-- sqft lot
$384,600 Zestimate®
$311/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 262 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 04, 2025 at 12:20pm
Listing Provided by:
Ellen McGuire ellen@ijbproperties.com,
Ivester Jackson Blackstream,
Laura Livaudais,
Ivester Jackson Blackstream
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4277616

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Heat Pump, Natural Gas, Other
Cooling
- Heat Pump, Other
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Basement: Exterior Entry,Storage Space,Walk-Out Access
Interior area
- Total structure area: 1,271
- Total interior livable area: 1,271 sqft
- Finished area above ground: 635
- Finished area below ground: 636
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage, Garage Faces Front, Garage on Main Level
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Exterior features: Storage
- Waterfront features: None
Lot
- Size: 0.73 Acres
- Features: Cleared, Corner Lot, Paved, Sloped
Details
- Additional structures: Outbuilding
- Parcel number: 965590737300000
- Zoning: R-2
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: none
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $47,200
- Date on market: 7/3/2025
- Listing terms: Cash,Conventional,Other - See Remarks
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
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