For Sale $370,000
RE: Investment Opportunity – Multi-Strategy Residential Asset at 1 Camby St, Asheville, NC I am pleased to present an exceptional residential investment opportunity located at 1 Camby St, Asheville, NC 28801. Priced at $370,000 following a recent $10,000 price improvement, this property offers a rare combination of immediate cash-flow potential and significant development upside in a highly desirable, walkable urban corridor. Strategies to maximize return on investment: (1) Update the Cottage. cosmetic upgrades (paint, new floors, kitchen cabinets, and modern light fixtures). Use the large backyard to build an Accessory Dwelling Unit (ADU) above a garage. Rent the main house and the ADU, creating massive equity and cash flow. (2) Subdivide and Sell Subdivide the lot to sell as a separate building parcel. Sell the vacant lot. Renovate the existing home and flip. (3) Renovate and Sell Add a bathroom, open the kitchen, and install a modern deck facing the large private backyard. Clear the sloped portions of the lot and add a modern fire pit area to maximize the urban lot appeal. Sell the fully updated 2-bed, 2-bath home. (4) Move In enjoy the large private yard and short distances to River Arts district, Downtown Asheville.
Fire Pit, Storage
| List Price: | $370,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 896 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4371645 |
| Subdivision: | E Riverside Urban Renewal Area |
| Style: | Ranch |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level, Sloped |
| Year Built: | 1984 |
| Sewer Type: | Public Sewer |
| Elementary: | Claxton |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 07-12-2026 | Price Decrease | $370,000-2.63% | $413 |
| 06-12-2026 | Listed | $380,000 | $425 |
| 08-05-2025 | Listed | $999,995 | $1,117 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hall Fletcher Elementary | 1 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Francine Delany New School for Children | 2 miles | KG-06 | 9 |
| Claxton Elementary | 2 miles | KG-05 | 6 |
| Vance Elementary | 2 miles | KG-05 | 9 |
| Oakley Elementary | 3 miles | KG-05 | 4 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1 Camby Street, Asheville NC | 0 mi | $370,000 | days | |
| 115 Oakland Road, Asheville NC | 0.1 mi | $525,000 | days | |
| 55 Walton Street, Asheville NC | 0.2 mi | $515,000 | days | |
| 61 Walton Street, Asheville NC | 0.2 mi | $435,000 | days | |
| 22 Pine Grove Avenue, Asheville NC | 0.3 mi | $399,900 | days | |
| 30 Bartlett Street, Asheville NC | 0.5 mi | $520,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Fathom Realty NC LLC
1 Camby Street, Asheville NC is a 896 ft2 on a 0.430 acres lot. This is for $370,000. This has 3 bedrooms, 1 baths, and was built in 1984.
Based on information submitted to the MLS GRID as of 2026-06-12 09:55:54 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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