580 Fairview Road, Asheville NC
- 5 Bed
- 0.2 ac
For Sale $574,888
Remarks:
This is a money making duplex ! Located in a highly visible & convenient location on Fairview Rd, just a minute drive to I-240 & I-40. Close to shopping, Mall, Hospitals & Biltmore Village. Makes it easy to rent and always stays occupied, a no-brainer of an investment ! A well maintained building w/ ample parking & many major updates - new HVACs, plumbing, hot water tanks, metal roof, deck & two storage sheds, making this a turn-key investment ! You can rent out both units as rooms or each unit as a whole. Be creative with the larger lot at .24 acres. Zoned NB w/ a possibility of converting to commercial on main level & residential on top; or live in one side and rent out the other. The possibilities of making money are many ! W/ gross income of $56,040/yr & low carrying cost (taxes of $3234/y & insurance of $813/y) making this a great ROI over 10% ! Owner pays the lawn & water, tenants pay for other utilities. Purchase this cash cow and add this profitable asset to your portfolio
General Information:
| List Price: | $574,888 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Duplex |
| Parking: | Parking Lot |
| MLS Number: | CAR4235228 |
| Lot Description: | Sloped |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Oakley |
| Middle: | Asheville |
| High: | Asheville |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-07-2025 | Listed | $574,888 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 0 miles | KG-05 | 4 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| Charles C Bell Elementary | 2 miles | KG-05 | 8 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
| Hall Fletcher Elementary | 3 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 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 |
| 580 Fairview Road, Asheville NC | 0 mi | $574,888 | days | |
| 222 Glendale Avenue, Asheville NC | 0 mi | $285,000 | days | |
| 540 Fairview Road, Asheville NC | 0.1 mi | $434,900 | days | |
| 22 Crestview Street, Asheville NC | 0.1 mi | $749,000 | days | |
| 14 Blalock Avenue, Asheville NC | 0.1 mi | $529,900 | days | |
| 35 Dawson Steele Court, Asheville NC | 0.1 mi | $675,000 | 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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| 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.
Property Listing Information
A Courtesy Listing Provided By House In Order, LLC
580 Fairview Road, Asheville NC is a ft2 on a 0.240 acres lot. This is for $574,888. This has 5 bedrooms, baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-05-07 11:26:15 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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