Description
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.
Address
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Address: 181 Merrimon Avenue
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28801
Details
Updated on November 4, 2025 at 6:23 pm-
Property ID 4197890
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Price $998,000
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Property Size 3212 m²
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Bathrooms 4
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Year Built 1907
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Property Type Apartment, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Connected, Electricity Connected, Natural Gas
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Sewer Public Sewer
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Cooling None
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Heating Hot Water, Natural Gas
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County Buncombe
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Property Type Residential Income
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Parking Driveway, Parking Space(s)
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Elementary School Asheville City
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Middle School Asheville
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High School Asheville
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Waterfront None
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Architectural Style Arts and Crafts
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