117 & 119 Spears Avenue, Asheville NC
- 6 Bed
- 0.2 ac
For Sale $850,000
Remarks:
Full of character and opportunity in the heart of Asheville, 117 Spears Avenue offers a unique chance to own a four unit property comprising two separate buildings, each featuring an upstairs and downstairs residence. With numerous recent updates throughout, the property is turnkey and ready for its next owners, creating an exciting opportunity for investors, multigenerational living, or an owner occupant looking to generate rental income. The first building offers a spacious 2 bedroom, 2 bath main-level unit (117-101) with an office, living room, dining room, kitchen, mudroom, front porch, and an ensuite bath. Upstairs, 117-201 is a 1 bedroom, 1 bath unit with its own kitchen and living room. The second building adds two more residences, with 119-101 offering 1 bedroom and 1 bath, along with additional storage, and 119-201 featuring 2 bedrooms and 1 bath. Set along an established residential street, the property combines a flexible four unit layout with a convenient in town Asheville location. Off street parking is available for residents of all four units, adding an especially valuable convenience to this centrally located property. Enjoy easy access to downtown Asheville, nearby restaurants, shopping, local businesses, and everyday amenities while maintaining the feel of a residential setting. With two buildings, four individual units, a total of 6 bedrooms and 5 baths, recent updates, and dedicated off street parking, 117 Spears Avenue presents a compelling opportunity for buyers looking to add a turnkey property to an investment portfolio, explore an owner occupied investment, or take advantage of the flexibility that multiple residences provide. A distinctive Asheville property offering versatility, location, and plenty of potential for its next chapter.
General Information:
| List Price: | $850,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Apartment |
| Parking: | Driveway, On Street |
| MLS Number: | CAR4424401 |
| Subdivision: | None |
| Lot Description: | Level |
| Year Built: | 1915 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-14-2026 | Listed | $850,000 | N/A |
| 02-04-2026 | Under Contract | $364,900 | N/A |
| 01-04-2026 | Price Decrease | $364,900-1.35% | N/A |
| 12-03-2025 | Listed | $369,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Claxton Elementary | 0 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Ira B Jones Elementary | 1 miles | PK-05 | 8 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
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.
Properties For Sale Nearby
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 |
| 117 & 119 Spears Avenue, Asheville NC | 0 mi | $850,000 | days | |
| 26 Henrietta Street, Asheville NC | 0.1 mi | $595,000 | days | |
| 38 Austin Avenue, Asheville NC | 0.1 mi | $715,000 | days | |
| 74 Linden Avenue, Asheville NC | 0.1 mi | $875,000 | days | |
| 60 Annandale Avenue, Asheville NC | 0.1 mi | $519,000 | days | |
| 78 Annandale Avenue, Asheville NC | 0.2 mi | $945,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28801
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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.
Property Listing Information
A Courtesy Listing Provided By Nest Realty Asheville
117 & 119 Spears Avenue, Asheville NC is a ft2 on a 0.210 acres Level lot. This is for $850,000. This has 6 bedrooms, baths, and was built in 1915.
Based on information submitted to the MLS GRID as of 2026-09-14 20:51:12 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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