181 Merrimon Avenue, Asheville NC
- 0.4 ac
For Sale $1,095,000
Remarks:
INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.
General Information:
| List Price: | $1,095,000 |
| Status: | For Sale |
| Type: | Apartment |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4197890 |
| Style: | Arts and Crafts |
| Year Built: | 1907 |
| 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 |
| 04-28-2025 | Listed | $1,095,000 | 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 | 2 miles | PK-05 | 8 |
| Hall Fletcher Elementary | 2 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 |
| 181 Merrimon Avenue, Asheville NC | 0 mi | $1,095,000 | days | |
| 22 Broad Street, Asheville NC | 0.1 mi | $1,000,000 | days | |
| 54 Holland Street, Asheville NC | 0.1 mi | $449,000 | days | |
| 109 Liberty Street, Asheville NC | 0.1 mi | $399,000 | days | |
| 102 Holland Street, Asheville NC | 0.2 mi | $550,000 | days | |
| 60 Fulton Street, Asheville NC | 0.2 mi | $598,500 | 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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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 Appalachian Realty Associates
181 Merrimon Avenue, Asheville NC is a ft2 on a 0.410 acres Appraisal lot. This is for $1,095,000. This has bedrooms, baths, and was built in 1907.
Based on information submitted to the MLS GRID as of 2025-04-28 09:35:04 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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