Fantastic investment opportunity with this turn-key, cash flowing, income producing duplex in desirable West Asheville. Completely remodeled in 2020, this two unit property has been used as a long term rental for the last four years. The owners have lovingly brought this place back to life and up to code, cutting no corners. Perfect for a "househacker", investor or first time home buyer. The upstairs unit features two bedrooms with an open living area and kitchen opening up to the covered front porch. Downstairs has one bedroom with another bonus room, living room, kitchen and full bathroom. This low maintenance lot backs up to quiet farmland, features plenty of parking and easy access to Patton Ave and Leicester Highway. Outside of city limits, county taxes only, lots of possibilities! No drive-bys down the shared driveway, please respect tenants space.
Closed
$438,250
523 Johnston School Rd, Asheville, NC 28806
3beds
1,652sqft
Duplex
Built in 1970
-- sqft lot
$413,900 Zestimate®
$265/sqft
$1,884 Estimated rent
Home value
$413,900
$377,000 - $455,000
$1,884/mo
Zestimate® history
Owner options
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$1,884/mo
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$1,884/mo
Rent Zestimate®
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$2,537/mo
Est. payment
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$2,537/mo
Est. payment
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List your homeWhat's special
Covered front porchLow maintenance lot
Zillow last checked:
Listing updated:
Listing Provided by:
Mike Kelleher mikekelleher@cbawest.com,
Coldwell Banker Advantage
Bought with:
Jay Clark
Clark and Jones Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4167120
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Heat Pump
Cooling
- Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
- Laundry: In Kitchen, In Unit, Lower Level, Upper Level
Features
- Flooring: Vinyl
- Basement: Apartment,Exterior Entry,Finished,Storage Space,Walk-Out Access
Interior area
- Total structure area: 1,652
- Total interior livable area: 1,652 sqft
- Finished area above ground: 882
- Finished area below ground: 770
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Parking Lot, Parking Space(s), Shared Driveway
- Uncovered spaces: 6
Features
- Waterfront features: None
Lot
- Size: 0.38 Acres
- Features: Level, Sloped, Wooded
Details
- Parcel number: 962920526200000
- Special conditions: Standard
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Duplex
Materials
- Concrete Block, Hardboard Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Cable Available, Cable Connected, Electricity Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Asheville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,Exchange,USDA Loan,VA Loan
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $438,250-4.5%$265/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4167120 Report a problem | ||
| 9/11/2024 | Price change | $459,000-3.4%$278/sqft |
Source: Canopy MLS as distributed by MLS GRID #4167120 Report a problem | ||
| 8/13/2024 | Listed for sale | $475,000+126.2%$288/sqft |
Source: Canopy MLS as distributed by MLS GRID #4167453 Report a problem | ||
| 6/14/2019 | Sold | $210,000-6.7%$127/sqft |
Source: Canopy MLS as distributed by MLS GRID #3506735 Report a problem | ||
| 5/25/2019 | Pending sale | $225,000$136/sqft |
Source: Beverly-Hanks North Asheville #3506735 Report a problem | ||
| 5/15/2019 | Listed for sale | $225,000+66.7%$136/sqft |
Source: Beverly-Hanks North Asheville #3506735 Report a problem | ||
| 3/24/2008 | Sold | $135,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,427 +3.6% | $202,900 -3% |
| 2024 | $1,377 +4% | $209,100 |
| 2023 | $1,324 +1.6% | $209,100 |
| 2022 | $1,303 | $209,100 |
| 2021 | $1,303 +19.3% | $209,100 +28.1% |
| 2020 | $1,092 +9.7% | $163,200 +9.7% |
| 2019 | $995 | $148,800 |
| 2018 | $995 +1.5% | $148,800 +12.7% |
| 2017 | $981 | $132,000 |
| 2016 | $981 +2.6% | $132,000 |
| 2015 | $956 +2.8% | $132,000 |
| 2014 | $929 | $132,000 |
| 2013 | -- | $132,000 +0.2% |
| 2012 | -- | $131,800 |
| 2011 | -- | $131,800 |
| 2010 | -- | $131,800 |
| 2009 | -- | $131,800 |
Find assessor info on the county website
Neighborhood: 28806
Nearby schools
GreatSchools rating
- 4/10Johnston ElementaryGrades: PK-4Distance: 0.5 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 1.8 mi
- 2/10Clyde A Erwin HighGrades: PK,9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Johnston/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
$413,900
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
$413,900
- North Carolina
- Buncombe County
- Asheville
- 28806
- 523 Johnston School Rd
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