55 Congress Street, Asheville, NC 28801
Local realty services provided by:ERA Live Moore
Listed by: sandra kilgore
Office: kilgore & associates realestat
MLS#:4423785
Source:CH
Price summary
- Price:$575,000
- Price per sq. ft.:$249.57
About this home
*** PRICE IMPROVEMENT ***Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal.
Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue.
Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level.
Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives.
Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home does require some unfinished updates in the basement area. Schedule your showing today and explore the possibilities!"...
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Home facts
- Year built:1980
- Subdivision & Development:E Riverside Urban Renewal Area
- Listing ID #:4423785
- Updated:November 10, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Vinyl, Wood
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Basement:Yes
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Baseboard, Heat Pump
Structure and exterior
- Year built:1980
- Building area:2,304 sq. ft.
- Lot area:0.35 Acres
- Architectural Style:Ranch
- Construction Materials:Stone, Wood
- Exterior Features:Storage
- Foundation Description:Basement
- Levels:1 Story
Schools
- High school:Asheville
- Elementary school:Asheville Primary
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$249.57
Features and amenities
- Laundry features:Dryer, In Basement, Laundry Room
Parking
- Parking description:Driveway
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