8 Units - 615 Biltmore Avenue Asheville, NC $ 1,700,000
8 Units - 615 Biltmore Avenue
$ 1,700,000
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8 Units - 615 Biltmore Avenue

Asheville, NC, 28803
$ 1,700,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,741

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Commercial Property for sale in Asheville, NC

for $1,700,000. This building was built in 1949 on a lot size of 99999.

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 0

Style

None

Lot Size

99999

Year Built

1949

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4373090

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Connected Electricity Connected Satellite Internet Available
Roof Built-Up
Appliances Electric Oven Electric Range Exhaust Hood Refrigerator
Zoning RM16
Security Features Smoke Detector(s)
Construction Materials Brick Full
Year Built 1949
Property Subtype None
Parcel Number 9648520324C00F4
Additional Parcels Description 9648520324C00I3 9648520324C00I4 9648520324C00P3 9648520324C00S4 9648520324C00T6 9648520324C0F10
County Buncombe
New Construction N
Property Type Commercial Sale
HOA Y
Directions Biltmore Ave to #615 left or right onto St. Dunstans right onto Sterling and then left on Pickard Place
City Asheville
Senior Community Y/N N
Number Of Units Total 8
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 224500
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Interior
Flooring Wood
Basement (Y/N) N
Below Grade Finished Area 0
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Exterior
Parking Features On Street Parking Lot
Lot Features Cleared
Water Source City
Inclusions Building
Lot Size Area 99999
Foundation Details Crawl Space
Road Surface Type Paved
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Nai Beverly-Hanks

Broker

Affordability Calculator

$11,741
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,741
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$1,700,000 -8.11% Price Down
4/22/2026$1,850,000 Listed Price

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8 Units - 615 Biltmore Avenue, Asheville, NC, 28803 is a Commercial Property for sale at $1,700,000 with a lot size of 99999. 8 Units - 615 Biltmore Avenue was built in 1949. The property's zip code is 28803 which is in Asheville, NC