65 King Street, Asheville NC

  • 3 Bed
  • 0.3 ac

For Sale $500,000

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Remarks:

Excellent investment opportunity in a prime Asheville location! 26 King Street offers two separate rental units within walking distance of UNCA, the Reed Creek Greenway, and Downtown Asheville. Both units are currently occupied by long-term tenants, providing an attractive opportunity for an investor seeking stable, established rental income. Unit A features 2 bedrooms and 1 bath and currently rents for $1,450/month. Unit B offers 1 bedroom and 1 bath and currently rents for $1,700/month. Both tenants are currently under lease through summer 2027 and have expressed interest in extending their leases, subject to the next owner's approval. The property has also benefited from significant recent improvements, including new decks, siding, windows, and HVAC systems in early 2025. Both units have upgraded electrical panels, and separate utility submeters and hot water heaters, allowing tenants to be billed directly for utilities. The metal roof was installed in 2017, and ongoing interior maintenance has included fresh paint, floor refinishing, and other routine updates. With two established rental units, reliable long-term tenants, recent improvements, and an unbeatable location close to UNCA, greenways, and Downtown Asheville, 26 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio.

General Information:

List Price: $500,000
Status: For Sale
Bedrooms: 3
Type: Duplex
Parking: Driveway
MLS Number: CAR4423788
Subdivision: Jackson Park
Year Built: 1937
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Claxton
Middle: Asheville
High: Asheville

Price & Sales History

Date Event Price $/SQFT
09-11-2026 Listed $500,000 N/A
11-29-2025 Listed $650,000 N/A

Nearby Schools

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

School Name Distance Grades Rating
Claxton Elementary 0 miles KG-05 6
Ira B Jones Elementary 1 miles PK-05 8
Isaac Dickson Elementary 1 miles PK-05 9
Hall Fletcher Elementary 3 miles PK-05 2
Haw Creek Elementary 3 miles KG-05 7
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.

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
65 King Street, Asheville NC 0 mi $500,000 days
122 Coleman Avenue, Asheville NC 0.1 mi $385,000 days
178 Coleman Avenue, Asheville NC 0.1 mi $695,000 days
7 Aster Court, Asheville NC 0.1 mi $1,005,000 days
1 Aster Court, Asheville NC 0.1 mi $1,075,000 days
57 Conestee Street, Asheville NC 0.2 mi $899,000 days
1 to 6 of 150 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 28804

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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 Nest Realty Asheville

    65 King Street, Asheville NC is a ft2 on a 0.250 acres Appraisal lot. This is for $500,000. This has 3 bedrooms, baths, and was built in 1937.

    Based on information submitted to the MLS GRID as of 2026-09-11 15:41:32 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.