119 Fairfax Avenue, Asheville NC
- 4 Bed
- 2 Bath
- 1176 ft2
- 0.2 ac
For Sale $279,000
Remarks:
**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.
General Information:
| List Price: | $279,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1176 sqft |
| Parking: | Attached Carport, Driveway, On Street |
| MLS Number: | CAR4424774 |
| Subdivision: | Galax Park |
| Style: | Bungalow |
| Bathrooms: | 2 |
| Lot Description: | Infill Lot, Sloped, Wooded |
| Year Built: | 1909 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-16-2026 | Listed | $279,000 | $238 |
| 01-10-2026 | Price Decrease | $239,000-4.40% | $204 |
| 12-04-2025 | Listed | $250,000 | $213 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Francine Delany New School for Children | 0 miles | KG-06 | 9 |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Hall Fletcher Elementary | 1 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Invest Collegiate (Buncombe) | 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 |
| 119 Fairfax Avenue, Asheville NC | 0 mi | $279,000 | days | |
| 182 Brevard Road, Asheville NC | 0.1 mi | $479,000 | days | |
| 14 Davenport Road, Asheville NC | 0.1 mi | $745,000 | days | |
| 31 Lilac Street, Asheville NC | 0.2 mi | $725,000 | days | |
| 45 Fairfax Avenue, Asheville NC | 0.2 mi | $495,000 | days | |
| 192 Brevard Road, Asheville NC | 0.2 mi | $1,300,000 | 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 28806
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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 Mosaic Community Lifestyle Realty
119 Fairfax Avenue, Asheville NC is a 1176 ft2 on a 0.230 acres lot. This is for $279,000. This has 4 bedrooms, 2 baths, and was built in 1909.
Based on information submitted to the MLS GRID as of 2026-09-16 14:16:01 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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