For Sale $500,000
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.
| 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 |
| Elementary: | Claxton |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 09-11-2026 | Listed | $500,000 | N/A |
| 11-29-2025 | Listed | $650,000 | N/A |
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.
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 |
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 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.
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