For Sale $320,000
A charming, well-maintained two-bedroom, one-bath home in downtown Asheville, lovingly cared for over the years and ready for its next chapter. Built in 1986, this cozy home features a large, inviting lot, an expansive covered front porch, and a screened side porch that offers inviting spaces to relax and enjoy the outdoors. A storage shed provides additional space for tools, hobbies, and storage. Conveniently located near downtown Asheville's dining, shops, parks, cultural attractions, and essential services, this property offers the opportunity to enjoy a central location in a thoughtfully maintained home. Its manageable size and two-bedroom layout may appeal to first-time homebuyers, those seeking a simpler lifestyle, or anyone looking for a convenient Asheville home base. The location and layout may also appeal to investors exploring long-term or mid-term rental opportunities. Whether you're looking for a place to call home, a personal getaway, or an investment opportunity, this downtown Asheville property offers a variety of possibilities. Per neighbor possible encroachment, buyer to verify.
| List Price: | $320,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 768 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4433491 |
| Subdivision: | None |
| Style: | Cottage |
| Bathrooms: | 1 |
| Year Built: | 1986 |
| Sewer Type: | County Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-16-2026 | Listed | $320,000 | $417 |
| 01-26-2026 | Listed | $269,900 | $352 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Hall Fletcher Elementary | 2 miles | PK-05 | 2 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
| Francine Delany New School for Children | 3 miles | KG-06 | 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 Martin Luther King Jr Drive, Asheville NC | 0 mi | $320,000 | days | |
| 2 Hunt Hill Place, Asheville NC | 0.1 mi | $724,000 | days | |
| 14 Bauhaus Court, Asheville NC | 0.1 mi | $779,900 | days | |
| 134 Biltmore Avenue, Asheville NC | 0.1 mi | $749,900 | days | |
| 6 Weaver Street, Asheville NC | 0.1 mi | $550,000 | days | |
| 1 Bauhaus Court, Asheville NC | 0.1 mi | $1,290,000 | 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 Petit Properties Inc
1 Martin Luther King Jr Drive, Asheville NC is a 768 ft2 on a 0.283 acres Appraisal lot. This is for $320,000. This has 2 bedrooms, 1 baths, and was built in 1986.
Based on information submitted to the MLS GRID as of 2026-10-16 06:32:10 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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