8 Units - 615 Biltmore Avenue, Asheville NC
- 1 Bed
- 1 Bath
- 625 ft2
For Sale $1,850,000
Remarks:
Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request.
Exterior Features:
Lawn Maintenance
General Information:
| List Price: | $1,850,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Condominium |
| Approx Sq. Ft.: | 625 sqft |
| Parking: | On Street, Parking Lot |
| MLS Number: | CAR4366733 |
| Subdivision: | Beverly Condos |
| Style: | Arts and Crafts, Old World, Traditional |
| Bathrooms: | 1 |
| Lot Description: | Cleared |
| Year Built: | 1949 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-01-2026 | Listed | $1,850,000 | $2,960 |
| 03-31-2026 | Listed | $255,000 | $408 |
| 08-12-2025 | Under Contract | $409,900 | $656 |
| 05-28-2025 | Listed | $409,900 | $656 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hall Fletcher Elementary | 2 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Oakley Elementary | 2 miles | KG-05 | 4 |
| Claxton Elementary | 2 miles | KG-05 | 6 |
| Francine Delany New School for Children | 3 miles | KG-06 | 9 |
| Haw Creek Elementary | 3 miles | KG-05 | 7 |
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 |
| 8 Units - 615 Biltmore Avenue, Asheville NC | 0 mi | $1,850,000 | days | |
| 615 Biltmore Avenue, Asheville NC | 0.1 mi | $249,000 | days | |
| 59 Forest Hill Drive, Asheville NC | 0.2 mi | $749,000 | days | |
| 110 Unadilla Avenue, Asheville NC | 0.2 mi | $999,900 | days | |
| 13 Castle Street, Asheville NC | 0.2 mi | $674,900 | days | |
| 15 Grindstaff Drive, Asheville NC | 0.2 mi | $999,000 | 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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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28803
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Occupancy Types |
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Transportation to Work |
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 Howard Hanna Beverly-Hanks Asheville-Downtown
8 Units - 615 Biltmore Avenue, Asheville NC is a 625 ft2 . This is for $1,850,000. This has 1 bedrooms, 1 baths, and was built in 1949.
Based on information submitted to the MLS GRID as of 2026-05-01 10:06:13 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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