55 Congress Street Asheville, NC $ 575,000
55 Congress Street
$ 575,000
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55 Congress Street

Asheville, NC, 28801
$ 575,000
Bedrooms5 Baths3.0 Sq 2,304

Monthly Estimate*

$ 3,971

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Single Family Home for sale in Asheville, NC

for $575,000 with 5 bedrooms and 3 full baths. This 2,304 square foot home was built in 1980 on a lot size of 0.35.

*** PRICE IMPROVEMENT ***Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal. Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue. Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level. Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives. Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home does require some unfinished updates in the basement area. Schedule your showing today and explore the possibilities!"

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Single Family Active

Price

$ 575,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.35

Year Built

1980

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4423785

Features
General
Living Area 2304
Sewer Public Sewer
Heating Baseboard Electric Heat Pump
Cooling Ceiling Fan(s) Ductless Window Unit(s)
Utilities Cable Connected Electricity Connected Wired Internet Available
Appliances Dishwasher Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer/Dryer
Development Status Completed
Zoning RS8
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch
Architectural Style Ranch
Construction Materials Stone Wood
Year Built 1980
View City Long Range Mountain(s) Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 9648-24-7615-00000
Waterfront Features None
Community Features Recreation Area Sidewalks Street Lights
County Buncombe
New Construction N
Property Type Residential
HOA N
Subdivision Name E Riverside Urban Renewal Area
Garage Y/N N
Full Baths 3
Directions ---From Pack Square head South on Biltmore Avenue. Turn Right onto Hilliard Avenue. Turn Left onto Coxe Avenue or S. French Broad Avenue. Turn Left onto Livingston Street then Right onto Congress Str
High School Asheville
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Asheville Primary
Middle/Junior High School Asheville
Additional Parcels Y/N N
Virtual Tour https://listings.mmtriad.com/sites/rxowqaln/unbranded https://listings.mmtriad.com/sites/rxowqaln/unbranded
Standard Status Active
Construction Type Site Built
Restrictions Manufactured Home Not Allowed
Tax Assessed Value 293500
Listing Terms Cash Conventional FHA
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Interior
Basement Daylight Finished Walk-Out Access Walk-Up Access Other
Flooring Vinyl Wood
Basement (Y/N) Y
Window Features Insulated Window(s) Window Treatments
Fireplace Y/N N
Above Grade Finished Area 1152
Half Baths 0
Laundry Features In Basement Laundry Room
Total Bedrooms 5
Below Grade Finished Area 1152
Total Baths 3
SqFt Main 1152
SqFt Lower 0
SqFt Upper 0
Bedroom 3
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Exterior
Exterior Amenities Storage
Parking Features Driveway
Water Source City
Lot Size Area 0.35
Foundation Details Basement
Lot Dimensions 80x191x78x189
Road Surface Type Gravel Paved
Door Features Mirrored Closet Door(s) Screen Door(s) Sliding Doors
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 55
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* Excluded Features
List By
Kilgore & Associates Realestat

Broker

Affordability Calculator

$3,971
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
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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
2784307 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2026$575,000 -8.00% Price Down
9/13/2026$625,000 Listed Price

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55 Congress Street, Asheville, NC, 28801 is a Single Family Home for sale at $575,000 with 2,304 sqft and a lot size of 0.35. 55 Congress Street has 5 bedrooms, 3.0 baths, and was built in 1980. The property's zip code is 28801 which is in Asheville, NC