For Sale $1,095,000
Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe’s, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.
Attic Finished
| List Price: | $1,095,000 |
| Status: | For Sale |
| Type: | Apartment |
| Parking: | Parking Lot |
| MLS Number: | CAR4427544 |
| Year Built: | 1925 |
| Sewer Type: | Public Sewer |
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 09-22-2026 | Listed | $1,095,000 | N/A |
| 12-16-2025 | Listed | $225,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 1 miles | PK-05 | 9 |
| Ira B Jones Elementary | 2 miles | PK-05 | 8 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| 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.
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 |
| 295 Chestnut Street, Asheville NC | 0 mi | $1,095,000 | days | |
| 74 Arlington Street, Asheville NC | 0.1 mi | $399,900 | days | |
| 3 Aster Court, Asheville NC | 0.1 mi | $990,000 | days | |
| 14 Sunset Drive, Asheville NC | 0.2 mi | $775,000 | days | |
| 21 & 19 Crescent Street, Asheville NC | 0.2 mi | $915,000 | days | |
| 25 Shady Park Lane, Asheville NC | 0.2 mi | $775,000 | 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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| H.O.A. / Maintenance |
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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 G/M Property Group
295 Chestnut Street, Asheville NC is a ft2 on a 0.210 acres Appraisal lot. This is for $1,095,000. This has bedrooms, baths, and was built in 1925.
Based on information submitted to the MLS GRID as of 2026-09-22 21:40:51 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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