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About This Home

This 0-bedroom, 0-bathroom multi-family at 181 Merrimon Avenue in Asheville, NC is listed for $998,000. Built in 1907, on a 0.41 acres lot.

Agent Description

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room.

All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Key Features

  • Built in 1907
  • 0.41 acre lot
  • 2 stories

Property Details

2 stories
4 full
1907

Amenities

View

Monthly Cost Estimate

$5,338/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,325
Insurance$291

Estimates only. Actual payments may vary.

Location

181 Merrimon Avenue

Asheville, NC 28801

Property Details

Construction

Cedar Shake

Views

City

Parking

Driveway

Heating

Natural GasHot Water(Heating)

Appliances

DishwasherElectric RangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 181 Merrimon Avenue is listed at $998,000. The estimated monthly payment is $4,325 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.41 acre lot, 2 stories.

This property is listed by Gray Tolson and can be reached at 8282794058 or gray@appalachianrealty.com.

GT

Gray Tolson

Agent at Appalachian Realty Associates

(828) 279-4058

Listed by Appalachian Realty Associates · View on Broker Site

MLS# 4197890· Source: listhub· Updated 518 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

181 Merrimon Avenue, Asheville, NC 28801

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