119 Fairfax Avenue
Asheville, NC, 28806 $ 279,000
Bedrooms4 Baths2.0 Sq 1,789 Monthly Estimate*
$ 1,927
for $279,000 with 4 bedrooms and 2 full baths. This 1,789 square foot home was built in 1909 on a lot size of 0.23.
**Prime West Asheville Location + Income & Development Potential!** Welcome to 119 Fairfax, ideally located just off Haywood Road in the heart of **West Asheville and just minutes from Downtown Asheville**. This classic early-1900s duplex sits on an **oversized RM-8 zoned lot**, offering a rare combination of location, rental income potential, renovation opportunity, and future development possibilities. The existing duplex offers two potential income-producing units. The upper level features a spacious **3-bedroom, 1-bath layout ready for remodeling**, while the lower-level **1-bedroom, 1-bath unit has been recently renovated** and is move-in ready, with a recent lease at **$1,250/month**per apartment. There are multiple ways to envision this property. **Update and renovate the existing duplex**, creating an attractive income-producing property in one of Asheville's most desirable areas—or explore the potential to **redevelop the property entirely**, taking advantage of the large lot and RM-8 zoning. Depending on applicable zoning requirements, site conditions, access, setbacks, parking, and City approvals, the property may offer potential for **additional residential development or more than one structure**. For an investor, the existing duplex provides an opportunity to generate rental income while evaluating future options. For a developer, the **oversized RM-8 lot in such a close-in West Asheville location** presents an opportunity worth exploring. Enjoy being just minutes from **Haywood Road, West Asheville's restaurants, breweries, shops, and entertainment, as well as Downtown Asheville**. Properties offering this combination of location, lot size, existing income potential, and development possibilities are increasingly difficult to find. **Renovate it. Reimagine it. Redevelop it. The possibilities at 119 Fairfax are worth exploring.** Buyers should independently verify all zoning, density, development, access, parking, and building possibilities with the City of Asheville. PROPERTY IS NOW VACANT AND NOT FURNISHED.
See more
FeaturesGeneralLiving Area 1176
Sewer Public Sewer
Heating Oil
Cooling Window Unit(s)
Utilities Cable Available Electricity Connected
Roof Composition
Appliances Electric Range Refrigerator
Zoning RM8
Patio/Porch Features Covered Patio Side Porch
Architectural Style Bungalow
Construction Materials Asbestos Vinyl
Year Built 1909
Levels One
Property Subtype Single Family Residence
Parcel Number 9638-22-1819-0000963822181900000
County Buncombe
New Construction N
Property Type Residential
HOA N
Subdivision Name Galax Park
Garage Y/N N
Full Baths 2
Directions From DT West Asheville take Haywood Rd to Fairfax Ave turn and drive to 119 Fairfax. See the Mosaic Realty Sign.
High School Unspecified
City Asheville
Senior Community Y/N N
Open Parking Spaces 6
Lot Size Units Acres
Carport Y/N Y
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active Under Contract
Construction Type Site Built
Tax Assessed Value 320000
Listing Terms Cash Construction Perm Loan Private
See more
InteriorBasement Apartment Daylight Storage Space
Flooring Concrete Laminate Linoleum Vinyl
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1176
Half Baths 0
Laundry Features Common Area In Basement
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
SqFt Main 1176
SqFt Lower 0
SqFt Upper 0
Bedroom 3
See more
ExteriorParking Features Attached Carport Driveway On Street
Lot Features Infill Lot Sloped Wooded
Water Source City
Lot Size Area 0.23
Foundation Details Basement
Road Surface Type Concrete Dirt Paved
Other Parking Street Parking Driveway apron for 4 cars and drive down to apt has space for 2 .
Other Equipment Fuel Tank - Owned Other - See Remarks
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
See more
* Excluded FeaturesList ByMosaic Community Lifestyle RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,927
- 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.
Learn more about how to save NearbySingle family listings in Asheville, NC
Average List Price $950,979
Percent of Sale Price 241%
About Asheville, NC 93,508 Population
25% Since 2002
$ 48,694 Median Income
39.56 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/19/2026 | $279,000 | | Listed Price |