No photos available
$500,000
3 bd
2 ba
1,392 sqft
65 King Street
Asheville, NC 28804
1 days on market
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.
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
Contact Jonathan Jackson About This Property
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