This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio
Active
$574,888
580 Fairview Rd, Asheville, NC 28803
5beds
2,186sqft
Est.:
Duplex
Built in 1920
-- sqft lot
$561,200 Zestimate®
$263/sqft
$-- HOA
What's special
Metal roofNew hvacsHot water tanksAmple parkingWell maintained buildingTwo storage sheds
- 25 days
- on Zillow |
- 584 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 02:03am
Listing Provided by:
Aaron Kraft aaron@houseinorderpm.com,
House In Order, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4235228

Travel times
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Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Refrigerator, Washer/Dryer
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 2,186
- Total interior livable area: 2,186 sqft
- Finished area above ground: 2,186
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 2
Lot
- Size: 0.24 Acres
- Features: Sloped
Details
- Parcel number: 965739346300000
- Zoning: NB
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Asheville
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $348,900
- Annual tax amount: $3,183
- Date on market: 4/1/2025
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
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