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40 Coleman Avenue

Asheville, NC 28801

1 bed
4 baths
2,498 sqft
10,019 sqft lot
$350 per sqft
1927 build
– on site

EXCELLENT OPPORTUNITY in N AVL! Welcome to 40 Coleman Avenue, a PRIME four-unit brick building located in a highly sought-after North Asheville, just a stone's throw away from UNCA, Weaver Park, Grove Park Inn, and Beaver Lake. As you approach the property, you'll notice its excellent curb appeal, with a prominent presence on the block. The center staircase provides convenient interior access to the basement, offering ample storage space, as well as rear access for each unit. With its prime location, the potential for long-term appreciation and rental income is unparalleled. Don't miss your chance to hit a home run with this exceptional property! Financial details are available to qualified buyers only, so don't hesitate to schedule a showing.

Listing courtesy of CMLS / EXP Realty LLC

Last checked: Checking… • Last updated Jan 10, 2025 •

MLS# 4209787 —

The Building

Year Built:

1927
New Construction:

false
Construction Type:

Site Built
Subtype:

Fourplex
Construction Materials:

Brick Full
# of Units Total:

4
Architectural Style:

Traditional
Roof:

Shingle
Foundation Details:

Basement
Stories:

2
Basement:

Storage Space, Unfinished, Walk-Up Access
Basement:

true
Window Features:

Storm Window(s)
Security Features:

Smoke Detector(s)
Accessibility Features:

Two or More Access Exits
Building Area Total:

2498
SqFt Unheated Basement:

1344
Above Grade Finished Area:

2498

Interior

Features:

Attic Other, None
Flooring:

Vinyl, Wood
Living Area:

2498
Fireplace:

false

Location

Directions:

From Downtown head North on Merrimon Ave to Right on Coleman Ave. go 1 block and Building is on the Left.
Latitude:

35.613005
Longitude:

-82.553371

The Property

Type:

Residential Income
Lot Features:

Flood Fringe Area, Paved, Creek/Stream, Other - See Remarks
Lot Size Dimensions:

51'x193'
Lot Size Area:

0.23
Lot Size Units:

Acres
Zoning Specification:

RM8
Zoning:

RM8
Other Structures:

None
Fencing:

Partial
Horse Amenities:

None
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Asphalt, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

9649-46-0993-00000
Tax Assessed Value:

411000

Beds

Bedrooms Total:

1

Baths

Full Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Wall Furnace
Cooling:

Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator, Washer/Dryer
Laundry Features:

In Basement

Schools

Elementary School:

Claxton
Middle School:

Asheville
High School:

Asheville

The Community

Community Features:

Street Lights
Restrictions:

N/A
HOA Subject To:

None
Senior Community:

false
Pets Allowed:

Yes

Parking

Parking Total:

4
Parking Features:

Driveway, On Street, Parking Space(s)
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

true
Open Parking Spaces:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/8/25 Jan 8, 2025	Listed / Active	CMLS	$875,000

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This multifamily located in Grove Park- Sunset, Asheville, NC 28801 is currently for sale for $875,000. 40 Coleman Avenue is a 2,498 square foot multifamily with 1 bed and 4 baths that has been on Estately for 10 days. 40 Coleman Avenue is in the Grove Park- Sunset neighborhood of Asheville and has a WalkScore® of 70, making it somewhat walkable. This multifamily is in the attendance area of Isaac Dickson Elementary School, Vance Elementary School, Claxton Elementary School, Ira B Jones Elementary School, Hall Fletcher Elementary School, Asheville Middle School, and Asheville High School.

Based on information submitted to the MLS GRID as of 1/18/2025 1:52 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.