580 Fairview Road
Asheville, NC 28803
- 5 beds
- 3 baths
- 2,186 sqft
- 10,454 sqft lot
- $262 per sqft
- 1920 build
- – on site
This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio
Last checked:
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Last updated Apr 2, 2025
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MLS# 4235228 —
The Building
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Year Built:1920
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New Construction:false
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Construction Type:Site Built
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Subtype:Duplex
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Construction Materials:Vinyl
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# of Units Total:2
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Roof:Metal
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Foundation Details:Crawl Space
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Stories:2
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Basement:false
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Building Area Total:2186
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Above Grade Finished Area:2186
Interior
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Living Area:2186
Location
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Directions:From downtwon Asheville take I-240 over to Fairview Rd. Turn right on Fairview Road. Follow on Fairview Rd for about a half mile to the duplex on the right. It is just after Glendale Ave.
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Latitude:35.56573705
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Longitude:-82.52013833
The Property
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Type:Residential Income
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Lot Features:Sloped
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Lot Size Area:0.24
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Lot Size Units:Acres
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Zoning Specification:NB
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Zoning:NB
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Gravel, Paved
Listing Agent
- Contact info:
- Agent phone:
- (828) 545-9953
- Office phone:
- (828) 484-1571
Taxes
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Parcel Number:9657-39-3463-00000
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Tax Assessed Value:348900
Beds
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Bedrooms Total:5
Baths
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Full Baths:2
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Half Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Heat Pump
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Cooling:Heat Pump
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Refrigerator, Washer/Dryer
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Laundry Features:In Unit
Schools
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Elementary School:Oakley
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Middle School:Asheville
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High School:Asheville
The Community
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HOA Subject To:None
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Senior Community:false
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Pets Allowed:No
Parking
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Parking Features:Parking Lot
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
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Listed / Active | CMLS | $574,888 | 187.4% (19.6% / YR) |
|
9/10/15
Sep 10, 2015
|
CMLS | $200,000 |
