49 Madison Avenue, Asheville, NC 28801

Asheville
Local realty services provided by:ERA Live Moore
Listed by: robert hoke
Office: blueblaze real estate group llc.
MLS#:4394135
Source:CH
49 Madison Avenue,Asheville, NC 28801
$319,900
  • 3 Beds
  • 1 Baths
  • 1,445 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$319,900
  • Price per sq. ft.:$221.38

About this home

Investment Opportunity: Prime Development Potential in the Heart of Asheville. Renovate and FLIP!! Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, Trader Joe’s, the iconic Grove Park Inn, and the vibrant local scene at Weaver Park. This is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity or your Renovation Team. The Value is there!! With great potential to Build More homes!! Maximum Density: Thanks to its RM8 zoning district, this property allows for up to four units. Flexible Development: Beyond a standard ADU, the land permits the construction of a second house with unrestricted size, or the opportunity to redevelop the entire site into a 4-plex. Convenient Infrastructure: Featuring alley access, the site is perfectly situated to support a design...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1915
  • Subdivision & Development:Hillside Park
  • Listing ID #:4394135
  • Updated:August 17, 2026 at 11:12 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Living area:1,445 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1915
  • Building area:1,445 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Hardboard
  • Foundation Description:Basement

Schools

  • High school:Asheville
  • Elementary school:Claxton

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$319,900
  • Price per sq. ft.:$221.38

Parking

  • Parking description:On Street
MLS LogoListings courtesy of Canopy MLS as distributed by MLS GRID. Copyright 2021 Canopy MLS. All rights reserved. Canopy MLS, provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Canopy MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Canopy MLS.

New listings near 49 Madison Avenue