For Sale $579,000
What if your next home could help pay for itself? This versatile property offers a 3BR/2BA main residence plus a separate but connected 2BR/1BA second living quarters, creating a rare opportunity for rental income, multi-generational living or a smart investment from day one. The sellers have operated the property as a successful rental for the past four years, grossing approximately $4,400/month. Outside Asheville city limits with Open Use zoning, the 2nd living quarters offers short-term rental potential, while the generous 0.93-acre lot may even provide room to explore adding another unit in the future. The home has been recently refreshed with interior and exterior paint, refinished hardwood floors, new laminate flooring in the kitchen and lower level, and an HVAC system that’s less than four years old. A garage, fully fenced front yard and separate fenced yard for the 2nd living quarters add even more practicality. Conveniently located near the VA Medical Center, hiking trails and Asheville amenities, with USDA financing potentially available. Live in one, rent the other or put the whole property to work. Either way, this one earns its keep!
| List Price: | $579,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 802 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4419918 |
| Subdivision: | Riceville Forest |
| Bathrooms: | 3 |
| Year Built: | 1965 |
| Sewer Type: | Septic Installed |
| Elementary: | Charles C Bell |
| Middle: | Reynolds |
| High: | AC Reynolds |
| Date | Event | Price | $/SQFT |
| 09-04-2026 | Listed | $579,000 | $722 |
| 11-24-2025 | Listed | $625,000 | $780 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Evergreen Community Charter | 2 miles | KG-06 | 8 |
| Charles C Bell Elementary | 2 miles | KG-05 | 8 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| ArtSpace Charter School | 3 miles | KG-06 | 8 |
| Ira B Jones Elementary | 4 miles | PK-05 | 8 |
| Oakley Elementary | 4 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 |
| 2 Independence Boulevard, Asheville NC | 0 mi | $579,000 | days | |
| 20 Reed Road, Asheville NC | 0.1 mi | $550,000 | days | |
| 4 Austin Drive, Asheville NC | 0.1 mi | $464,000 | days | |
| 106 Oak Hollow Court, Asheville NC | 0.2 mi | $799,000 | days | |
| 29 Independence Boulevard, Asheville NC | 0.2 mi | $450,000 | days | |
| 7 Oak Hollow Drive, Asheville NC | 0.2 mi | $989,000 | 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Mosaic Community Lifestyle Realty
2 Independence Boulevard, Asheville NC is a 802 ft2 on a 0.930 acres Appraisal lot. This is for $579,000. This has 5 bedrooms, 3 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2026-09-04 19:40:27 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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