$675,000
 $3,624 est/mo Sourced by Back At You

144 Hanover Street,Asheville, NC 28806

Asheville, NC 28806

Share:

Description

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

Details

MLS #4405557
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2006
Days On Site41
Listing Provided ByIvester Jackson Blackstream | Shane Surratt

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,245
Units2
ZoningRM8
Acreage0.25

Interior

CoolingCeiling Fan(s), Central Air, Heat Pump
HeatingCentral, Forced Air, Heat Pump
Window FeaturesInsulated Window(s)
AppliancesDishwasher, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer

Exterior

Construction MaterialsFiber Cement, Vinyl, Other - See Remarks
Foundation DetailsCrawl Space

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorLand of The Sky Association of Realtors

Taxes

Property296500

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictAsheville
Elementary SchoolUnspecified
High SchoolAsheville
Listing VS Median (in 28806)
Price:
$675,000
low | high
Med:
$464,900
81.125925925926% of Average
sqft:
2,245
low | high
Med:
1,325
90.97995545657% of Average
$ / sqft:
$301
low | high
Med:
$351
33.30392732355% of Average
On site:
41
low | high
Med:
30
100% of Average
Sourced by Back At You

Market Activity 28806

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from TL Cox and Company at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 29, 2026 at 11:33:46 AM PDT 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictAsheville
Elementary SchoolUnspecified
High SchoolAsheville
Listing VS Median (in 28806)
Price:
$675,000
low | high
Med:
$464,900
81.125925925926% of Average
sqft:
2,245
low | high
Med:
1,325
90.97995545657% of Average
$ / sqft:
$301
low | high
Med:
$351
33.30392732355% of Average
On site:
41
low | high
Med:
30
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $506K - $843K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
123 Arline Henry Way Property Photo 1
$645,000
123 Arline Henry Way
Asheville, NC 28806
12 Gratitude Drive Property Photo 1
$582,000
12 Gratitude Drive
Asheville, NC 28806
Listing Updated: July 24, 2026 at 10:36:52 AM PDT
Real Estate Links Our Domains