5 Main Street, Asheville, NC 28803

Asheville
Local realty services provided by:ERA Live Moore
Listed by: michael stratton
Office: wander wagon tours & realty
MLS#:4373261
Source:CH
5 Main Street,Asheville, NC 28803
$517,000
  • 3 Beds
  • 2 Baths
  • 2,080 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$517,000
  • Price per sq. ft.:$248.56

About this home

Income-Producing Property with Development Potential in Prime Asheville Location 5 Main Street presents a compelling opportunity for investors and developers seeking immediate cash flow with future upside. Ideally positioned near Biltmore Village and the rapidly evolving Swannanoa River corridor, this property combines proven rental performance with additional development potential. The home features a fully renovated (2021) lower level configured as a private studio apartment with both interior and exterior access—ideal for homestay or monthly rental use. This space highlights original 100-year-old exposed brick with distinctive arched window details, creating a unique and highly marketable aesthetic. The studio includes a bedroom area, full bath with antique clawfoot tub, independent mini-split HVAC, updated electrical, and a living area with a built-in projector for a 90-inch display. Interior and exterior French drains were installed prior to Hurricane Helene and performed as...

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Home facts

  • Year built:1926
  • Listing ID #:4373261
  • Updated:June 09, 2026 at 01:19 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Basement:Yes
  • Living area:2,080 sq. ft.

Heating and cooling

  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Aluminum
  • Year built:1926
  • Building area:2,080 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Basement, Slab

Schools

  • High school:AC Reynolds
  • Elementary school:Unspecified

Utilities

  • Sewer:County Sewer

Finances and disclosures

  • Price:$517,000
  • Price per sq. ft.:$248.56

Features and amenities

  • Laundry features:Common Area, In Basement

Parking

  • Parking description:Driveway
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