144 Hanover Street, Asheville NC
- 6 Bed
- 2 Bath
- 1273 ft2
- 0.3 ac
For Sale $675,000
Remarks:
Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.
General Information:
| List Price: | $675,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Portfolio |
| Approx Sq. Ft.: | 1273 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4405557 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Cul-De-Sac, Level |
| Year Built: | 2006 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Asheville |
| High: | Asheville |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 07-22-2026 | Price Increase | $675,000+75.32% | $531 |
| 07-22-2026 | Price Decrease | $385,000-3.51% | $303 |
| 06-06-2026 | Listed | $399,000 | $314 |
| 07-28-2025 | Listed | $1,299,999 | $1,022 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hall Fletcher Elementary | 0 miles | PK-05 | 2 |
| Francine Delany New School for Children | 1 miles | KG-06 | 9 |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Invest Collegiate (Buncombe) | 4 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 |
| 144 Hanover Street, Asheville NC | 0 mi | $675,000 | days | |
| 210 State Street, Asheville NC | 0 mi | $350,000 | days | |
| 207 Hanover Street, Asheville NC | 0.1 mi | $309,999 | days | |
| 71 Fifth Avenue, Asheville NC | 0.1 mi | $335,000 | days | |
| 123 Arline Henry Way, Asheville NC | 0.2 mi | $645,000 | days | |
| 1 Freeport Lane, Asheville NC | 0.2 mi | $239,000 | 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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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.
Property Listing Information
A Courtesy Listing Provided By Ivester Jackson Blackstream
144 Hanover Street, Asheville NC is a 1273 ft2 on a 0.250 acres lot. This is for $675,000. This has 6 bedrooms, 2 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2026-06-06 10:31:05 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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