65 King ST, Asheville, NC 28804
65 King ST, Asheville, NC 28804,Video Tour
65 King ST, Asheville, NC 28804
65 King ST, Asheville, NC 28804
65 King ST, Asheville, NC 28804
65 King ST, Asheville, NC 28804
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$ 500,000
Est. payment | /mo

3 Beds

2 Baths

1,392 SqFt


$ 500,000
Est. payment | /mo

3 Beds

2 Baths

1,392 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $359

Subdivision Jackson Park

MLS Listing ID 4423788

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,392

Year Built 1937

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Duplex

Property Description

Excellent investment opportunity in a prime Asheville location! 65 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, 65 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

Location

State NC

County Buncombe

Zoning RS8

Interior

Heating Ductless

Cooling Ductless

Appliance Electric Range, Refrigerator

Laundry In Unit, Main Level

Exterior

Roof Type Composition

Street Surface Gravel,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Claxton

Middle Schools Asheville

High Schools Asheville

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Special Listing Condition Subject to Lease

Virtual Tour https://www.zillow.com/view-imx/e46702d8-1730-42fa-9e93-26a6c29f8878?initialViewType=pano

Listed by Andrew Lanteri • Nest Realty Asheville • andrew@andrewlanterigroup.com

Nearby Locations

Rise Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(704) 389-0150

hello@riserep.com

5960 Fairview Road Ste 400, Charlotte, NC 28210, United States

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65 King ST