No photos available

$500,000
3 bd 2 ba 1,392 sqft
65 King Street
Asheville, NC 28804
Property Type
Residential Income
Year Built
1937
Lot Size
0.25 acres
Garage

About This Property

Excellent investment opportunity in a prime Asheville location! 26 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income.

Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval.

The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates.

With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 26 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

Property Details

Interior

Bedrooms
3
Bathrooms
2
Living Area
1,392 sqft
Stories
1

Exterior & Lot

Lot Size
0.25 acres
Year Built
1937

Location

Subdivision
Jackson Park
County
Buncombe
ZIP Code
28804

Financial

Listing Terms
Cash, Conventional, Private

Utilities

Sewer
Public Sewer

Schools

Elementary
Claxton
Middle School
Asheville
High School
Asheville

Appliances

Electric Range, Refrigerator

Heating

Ductless

Cooling

Ductless

Location

Listing Information

MLS #
CAR4423788
Listing Agent
Andrew Lanteri
Listing Office
Nest Realty Asheville
Listed Date
Sep 11, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

Contact Jonathan Jackson About This Property

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