309 London Road, Asheville NC

  • 5 Bed
  • 3 Bath
  • 906 ft2
  • 0.2 ac

For Sale $649,000

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Remarks:

Income-producing duplex with proven rental history just minutes from Biltmore Village—perfect for investors or buyers looking to offset their mortgage with proven rental income. 2418 total sqft. The separate 1BR/1BA lower apartment has historically rented for approximately $2,400/month, while the spacious 4BR/2BA upper residence has rented between $2,800–$4,500/month depending on use and lease term. Ideal house-hack opportunity: live in the main home while the lower apartment helps cover a significant portion of the mortgage, or rent both units for strong income potential. Built in 2017, this low-maintenance property offers flexible living options with two full kitchens, two sets of washer and dryers, and separate entrances. The main level features an open floor plan with hardwood floors, granite countertops, walk-in closets, and abundant natural light. All three full bathrooms include double vanities. The lower apartment provides excellent privacy for tenants, guests, or multigenerational living. Additional highlights include plenty of off-street parking, high-speed underground fiber internet, and a central location with easy highway access—approximately one mile to Biltmore Village and about three miles to downtown Asheville. A rare opportunity for investors or homeowners seeking both lifestyle and income in one of Asheville’s most convenient locations.

Interior Features:

Attic Walk In

General Information:

List Price: $649,000
Status: For Sale
Bedrooms: 5
Type: Single Family Residence
Approx Sq. Ft.: 906 sqft
Parking: Driveway
MLS Number: CAR4356307
Subdivision: Biltmore Heights
Bathrooms: 3
Lot Description: Open Lot, Creek/Stream
Year Built: 2017
Sewer Type: Public Sewer

Assigned Schools:

Elementary: William Estes
Middle: Valley Springs
High: T.C. Roberson

Price & Sales History

Date Event Price $/SQFT
04-20-2026 Listed $649,000 $717
03-19-2026 Listed $325,000 $359
07-06-2025 Price Decrease $495,000-2.75% $547
05-08-2025 Listed $509,000 $562

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Oakley Elementary 1 miles KG-05 4
Hall Fletcher Elementary 3 miles PK-05 2
Haw Creek Elementary 3 miles KG-05 7
Charles C Bell Elementary 3 miles KG-05 8
Isaac Dickson Elementary 3 miles PK-05 9
Francine Delany New School for Children 4 miles KG-06 9

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
309 London Road, Asheville NC 0 mi $649,000 days
64 Marietta Street, Asheville NC 0.1 mi $429,000 days
352 London Road, Asheville NC 0.1 mi $165,000 days
316 Appeldoorn Circle, Asheville NC 0.3 mi $242,500 days
979 Chapel Road, Asheville NC 0.5 mi $268,000 days
483 Caribou Road, Asheville NC 0.7 mi $599,950 days
1 to 6 of 9 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28803

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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.

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    Property Listing Information

    A Courtesy Listing Provided By CENTURY 21 Connected

    309 London Road, Asheville NC is a 906 ft2 on a 0.180 acres lot. This is for $649,000. This has 5 bedrooms, 3 baths, and was built in 2017.

    Based on information submitted to the MLS GRID as of 2026-04-20 10:06:08 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. Click here for more information

    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.