295 E Chestnut Street Asheville, NC $ 1,095,000
295 E Chestnut Street
$ 1,095,000
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295 E Chestnut Street

Asheville, NC, 28801
$ 1,095,000
Bedrooms-- Baths0.0 Sq 3,875

Monthly Estimate*

$ 7,563

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Multi-Family Home for sale in Asheville, NC

for $1,095,000. This 3,875 square foot home was built in 1925 on a lot size of 0.21.

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

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Multi-Family Active

Price

$ 1,095,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1925

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4427544

Features
General
Living Area 3875
Sewer Public Sewer
Heating Baseboard Electric
Cooling Window Unit(s)
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater
Zoning RM16
Construction Materials Fiber Cement Wood
Pets Allowed Yes
Year Built 1925
Tenant Pays Cable TV Electricity Internet
Property Subtype Apartment
Parcel Number 964963505500000
Waterfront Features None
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
High School Asheville
City Asheville
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Carport Y/N N
Elementary School Asheville City
Middle/Junior High School Asheville
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=FBdTjqjbhHY&brand=0&mls=1& https://my.matterport.com/show/?m=FBdTjqjbhHY&brand=0&mls=1&
Standard Status Active
Construction Type Site Built
Tax Assessed Value 536000
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Interior
Interior Amenities Attic Finished
Basement Apartment Daylight Exterior Entry
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 3012
Laundry Features Inside None
Below Grade Finished Area 863
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Exterior
Parking Features Parking Lot
Water Source City
Lot Size Area 0.21
Foundation Details Basement
Building Area Total 3875
Road Surface Type Concrete Gravel Paved
Other Parking Rear gravel lot
Road Responsibility Publicly Maintained Road Private Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 295
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* Excluded Features
List By
G/M Property Group

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Affordability Calculator

$7,563
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,563
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
1659817 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$1,095,000 Listed Price

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295 E Chestnut Street, Asheville, NC, 28801 is a Multi-Family Home for sale at $1,095,000 with 3,875 sqft and a lot size of 0.21. 295 E Chestnut Street has 0.0 baths and was built in 1925. The property's zip code is 28801 which is in Asheville, NC