24 Timothy Street, Asheville NC
- 2 Bed
- 1 Bath
- 973 ft2
- 0.3 ac
For Sale $279,900
Remarks:
Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's. Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity The Value is there!! With great potential to Build More homes!! Maximum Density: Possibility of 1 Duplex per lot HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Buyers must verify with City planning on subdividing and what structures can be developed on each lot. Property IS Sold AS IS No Repairs by the Seller
General Information:
| List Price: | $279,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 973 sqft |
| Parking: | Driveway, On Street |
| MLS Number: | CAR4412352 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level |
| Year Built: | 1928 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Isaac Dickson |
| Middle: | Asheville |
| High: | Asheville |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-09-2026 | Listed | $279,900 | $288 |
| 12-24-2025 | Under Contract | $360,000 | $370 |
| 11-26-2025 | Listed | $360,000 | $370 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Hall Fletcher Elementary | 1 miles | PK-05 | 2 |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Francine Delany New School for Children | 2 miles | KG-06 | 9 |
| Vance Elementary | 2 miles | KG-05 | 9 |
| Ira B Jones Elementary | 3 miles | PK-05 | 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 |
| 24 Timothy Street, Asheville NC | 0 mi | $279,900 | days | |
| 176 French Broad Avenue, Asheville NC | 0.1 mi | $564,000 | days | |
| 138 French Broad Avenue, Asheville NC | 0.1 mi | $800,000 | days | |
| 102 Clingman Avenue, Asheville NC | 0.2 mi | $549,000 | days | |
| 144 Clingman Avenue, Asheville NC | 0.2 mi | $400,000 | days | |
| 6 Dailey Drive, Asheville NC | 0.2 mi | $1,680,000 | 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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| H.O.A. / Maintenance |
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| Property Insurance |
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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 Blueblaze Real Estate Group LLC
24 Timothy Street, Asheville NC is a 973 ft2 on a 0.270 acres lot. This is for $279,900. This has 2 bedrooms, 1 baths, and was built in 1928.
Based on information submitted to the MLS GRID as of 2026-09-09 06:18:31 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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