65 King Street, Asheville, NC 28804
Local realty services provided by:ERA Sunburst Realty
Listed by: andrew lanteri
Office: nest realty asheville
MLS#:4423788
Source:CH
Price summary
- Price:$500,000
- Price per sq. ft.:$359.2
About this home
Excellent investment opportunity in a prime Asheville location! 65 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, 65 King Street is an excellent opportunity to add a turnkey, income-producing property to your portfolio....
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Home facts
- Year built:1937
- Subdivision & Development:Jackson Park
- Listing ID #:4423788
- Updated:September 14, 2026 at 10:17 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Electric Range, Refrigerator
- Living area:1,392 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Ductless
Structure and exterior
- Roof:Composition
- Year built:1937
- Building area:1,392 sq. ft.
- Lot area:0.25 Acres
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Asheville
- Elementary school:Claxton
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$359.2
Features and amenities
- Laundry features:Main Level
Parking
- Parking description:Driveway
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