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  • $590,000

    10 Lorenz Ln, Asheville, NC 28806

    5beds
    2,973sqft
    Triplex
    Built in 1961
    -- sqft lot
    $600,500 Zestimate®
    $198/sqft
    $1,842 Estimated rent

    Home value

    $600,500

    $564,000 - $637,000

    $1,842/mo

    Zestimate® history
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    $1,842/mo

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    $1,842/mo

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    $3,450/mo

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    What's special

    Attention all savvy investors! Seize the opportunity to own this remarkable triplex, perfectly poised to deliver multiple rental streams in Asheville's thriving market. With a proven track record as one of Asheville's most beloved Airbnb destinations, this property promises not only income producing opportunities, but also the satisfaction of providing folks w/an unforgettable experience. Tucked away on a dead-end street w/great neighbors, you get the best of both worlds – proximity to downtown convenience paired w/a peaceful retreat-like ambiance. Each unit has been tastefully updated with design elements that elevate the living experience. They all have their own power meters, laundry facilities & personal Zen space w/hot tubs & firepits for the ultimate outdoor oasis. Don't miss your chance to own not one, but three West Asheville residences for under $200k each. Un-zoned 1/2 acre lot can be purchased also. SHOWINGS BY APPOINTMENT ONLY-DO NOT DRIVE BY.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marie Reed Marie@MarieReedTeam.com,

    Keller Williams Professionals

    Bought with:

    Alan Wray

    Heartwood Realty LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4140540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Ductless, Forced Air, Oil
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
    • Laundry: In Unit
    Features
    • Open Floorplan
    • Flooring: Carpet, Laminate
    • Basement: Daylight,Partially Finished,Walk-Out Access
    Interior area
    • Total structure area: 2,973
    • Total interior livable area: 2,973 sqft
    • Finished area above ground: 1,829
    • Finished area below ground: 1,144

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Driveway, Attached Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Fire Pit
    • Spa features: Heated
    • Has view: Yes
    • View description: Mountain(s), Winter
    • Waterfront features: None
    Lot
    • Size: 0.39 Acres
    • Features: Cleared, Views
    Details
    • Parcel number: 962975474300000
    • Zoning: none
    • Special conditions: Standard
    • Horse amenities: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Triplex
    Materials
    • Wood, Other
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: City

    Community & HOA

    Community
    • Features: None
    • Subdivision: none
    Location
    • Region: Asheville

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $249,500
    • Annual tax amount: $2,740
    • Date on market: 5/15/2024
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    7/8/2024Sold$590,000-1.2%$198/sqft
    Source: Canopy MLS as distributed by MLS GRID #4140540 Report a problem
    5/15/2024Listed for sale$597,000+129.6%$201/sqft
    Source: Canopy MLS as distributed by MLS GRID #4140540 Report a problem
    7/10/2020Listing removed$925
    Source: J.D. Jackson Associates, inc Report a problem
    6/29/2020Price change$925-2.6%
    Source: Zillow Rental Network Premium Report a problem
    6/5/2020Listed for rent$950
    Source: Zillow Rental Network Premium Report a problem
    11/1/2017Sold$260,000$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,740 +68.3%$393,300 +57.6%
    2024$1,628 +3.1%$249,500
    2023$1,579 +1.6%$249,500
    2022$1,554 $249,500
    2021$1,554 +9.9%$249,500 +18%
    2020$1,415 $211,500
    2019$1,415 $211,500
    2018$1,415 +1.5%$211,500 +3.7%
    2017$1,394 +14.2%$204,000
    2016$1,220 -17.4%$204,000
    2015$1,477 +2.8%$204,000
    2014$1,436 $204,000
    2013-- $204,000 +32.7%
    2012-- $153,700
    2011-- $153,700
    2010-- $153,700
    Find assessor info on the county website

    Neighborhood: 28806

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emma/Eblen
    • Middle: Clyde A Erwin
    • High: Clyde A Erwin

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $600,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $600,500