EXCELLENT OPPORTUNITY in N AVL!
Welcome to 40 Coleman Avenue, a PRIME four-unit brick building located in a highly sought-after North Asheville, just a stone's throw away from UNCA, Weaver Park, Grove Park Inn, and Beaver Lake. As you approach the property, you'll notice its excellent curb appeal, with a prominent presence on the block. The center staircase provides convenient interior access to the basement, offering ample storage space, as well as rear access for each unit. With its prime location, the potential for long-term appreciation and rental income is unparalleled.
Don't miss your chance to hit a home run with this exceptional property! Financial details are available to qualified buyers only, so don't hesitate to schedule a showing.
Active
Price cut: $10K (4/9)
$825,000
40 Coleman Ave, Asheville, NC 28801
1beds
2,498sqft
Est.:
Quadruplex
Built in 1927
-- sqft lot
$794,300 Zestimate®
$330/sqft
$-- HOA
What's special
Excellent curb appealFour-unit brick buildingCenter staircaseAmple storage space
- 160 days
- on Zillow |
- 288 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 14, 2025 at 06:48am
Listing Provided by:
Jonathan Franzen jonathan.franzen@exprealty.com,
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4209787

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Wall Furnace
Cooling
- Other
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator, Washer/Dryer
- Laundry: In Basement
Features
- Attic Other, None
- Flooring: Vinyl, Wood
- Windows: Storm Window(s)
- Basement: Storage Space,Unfinished,Walk-Up Access
- Attic: Other
Interior area
- Total structure area: 2,498
- Total interior livable area: 2,498 sqft
- Finished area above ground: 2,498
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Street, Parking Space(s)
- Uncovered spaces: 4
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Stories: 2
- Fencing: Partial
- Waterfront features: Creek/Stream
Lot
- Size: 0.23 Acres
- Dimensions: 51' x 193'
- Features: Flood Fringe Area, Paved, Other - See Remarks
Details
- Additional structures: None
- Parcel number: 964946099300000
- Zoning: RM8
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick Full
- Roof: Shingle
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Features: Street Lights
- Security: Smoke Detector(s)
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $411,000
- Annual tax amount: $4,246
- Date on market: 1/9/2025
- Tenant pays: All Except Water
- Road surface type: Asphalt, Paved
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