144 Hanover Street Asheville, NC $ 675,000
144 Hanover Street
$ 675,000
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144 Hanover Street

Asheville, NC, 28806
$ 675,000
Bedrooms6 Baths4.0 Sq 2,245

Monthly Estimate*

$ 4,662

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Multi-Family Home for sale in Asheville, NC

for $675,000 with 6 bedrooms and 4 full baths. This 2,245 square foot home was built in 2006 on a lot size of 0.25.

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

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Multi-Family Active

Price

$ 675,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.25

Year Built

2006

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4405557

Features
General
Living Area 2245
Sewer Public Sewer
Heating Central Forced Air Heat Pump
Cooling Ceiling Fan(s) Central Air Heat Pump
Appliances Dishwasher Electric Oven Electric Water Heater ENERGY STAR Qualified Dishwasher ENERGY STAR Qualified Dryer Oven Refrigerator Washer
Zoning RM8
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch Porch
Construction Materials Fiber Cement Vinyl Other - See Remarks
Pets Allowed Yes
Year Built 2006
Tenant Pays All Utilities Exterior Maintenance
Property Subtype Portfolio
Parcel Number 9638-42-9530-00000
Additional Parcels Description 963861125900000
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Full Baths 4
Directions GPS: 144 Hanover Street Asheville NC 28806 / 214 Short Michigan Ave Asheville NC 28806
High School Asheville
City Asheville
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Asheville
Additional Parcels Y/N Y
Standard Status Active
Construction Type Off Frame Modular
Tax Assessed Value 296500
Listing Terms Cash Conventional
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Interior
Flooring Tile
Basement (Y/N) N
Window Features Insulated Window(s)
Above Grade Finished Area 2245
Laundry Features Laundry Room
Total Bedrooms 6
Below Grade Finished Area 0
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Exterior
Parking Features Driveway
Water Source City
Lot Size Area 0.25
Foundation Details Crawl Space
Building Area Total 2245
Road Surface Type Asphalt Gravel Paved
Door Features Insulated Door(s)
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 144
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* Excluded Features
List By
Ivester Jackson Blackstream

Broker

Affordability Calculator

$4,662
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,662
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
2122397 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$675,000 Listed Price

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144 Hanover Street, Asheville, NC, 28806 is a Multi-Family Home for sale at $675,000 with 2,245 sqft and a lot size of 0.25. 144 Hanover Street has 6 bedrooms, 4.0 baths, and was built in 2006. The property's zip code is 28806 which is in Asheville, NC