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  • $450,000

    55 S Market St #213, Asheville, NC 28801

    1beds
    782sqft
    Condominium
    Built in 2019
    -- sqft lot
    $447,600 Zestimate®
    $575/sqft
    $1,891 Estimated rent

    Home value

    $447,600

    $425,000 - $470,000

    $1,891/mo

    Zestimate® history
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    What's special

    Welcome to 55 South Market Street, a turnkey downtown Asheville condo designed for both effortless ownership and strong short-term rental appeal. This beautifully appointed condo is offered fully furnished and truly move-in ready, complete with all kitchen essentials, linens, and soft goods. Not a single detail has been overlooked! With over 200 five-star reviews already in hand, this property arrives with a proven track record. The seller is committed to a seamless transition, offering to help the new owner reactivate the listing and share operational know-how so you can smoothly transition from purchase to jump-starting your rental income. You'll find the unit is comfortable and inviting from the moment you step in the door. The art, decor, and furnishings invite you to relax and sink into the space. A pullout couch offers flexibility for additional guests if needed. Residents and guests enjoy access to an impressive array of common amenities including a large community kitchen and dining area, inviting outdoor seating, and grilling spaces perfect for entertaining, while secure parking provides convenient, worry-free access to your home base in the heart of it all. Step outside and find yourself immersed in everything that makes Asheville one of the most beloved cities in the Southeast, including world-class dining, live music, boutique shopping, art galleries, and the energy of a thriving downtown scene, all just steps from your front door. Whether you’re seeking a personal retreat, a high-performing short-term rental, or both, this is the rare opportunity that checks every box. See attachments for pro forma showing a projected cap rate of 8% after expenses and management fees, and the many positive reviews that this unit has received as an STR!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heidi DuBose heididubose@uniquecollective.us,

    Unique: A Real Estate Collective

    Bought with:

    Alison Pages

    Vital Commercial Real Estate

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377711MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Washer/Dryer
    • Laundry: In Unit, Laundry Closet
    Features
    • Windows: Window Treatments
    • Has basement: No
    Interior area
    • Total structure area: 782
    • Total interior livable area: 782 sqft
    • Finished area above ground: 782
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Deck, Parking Space(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Balcony
    • Exterior features: Elevator
    Details
    • Parcel number: 9648498692C0213
    • Zoning: CENTRAL BUSIN. DIST.
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    Materials
    • Brick Partial, Hardboard Siding, Stone Veneer
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Subdivision: 55 South Market
    HOA
    • Has HOA: Yes
    • HOA fee: $374 monthly
    Location
    • Region: Asheville

    Financial & listing details

    • Price per square foot: $575/sqft
    • Tax assessed value: $498,000
    • Annual tax amount: $4,465
    • Date on market: 5/4/2026
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Conventional
    • Road surface type: None, Paved

    Price history

    DateEventPrice
    7/17/2026Sold$450,000-5.3%$575/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377711 Report a problem
    5/26/2026Price change$475,000-5%$607/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377711 Report a problem
    5/4/2026Listed for sale$500,000+41.6%$639/sqft
    Source: Canopy MLS as distributed by MLS GRID #4377711 Report a problem
    3/22/2025Listing removed$2,175$3/sqft
    Source: Zillow Rentals Report a problem
    3/8/2025Price change$2,175-1.1%$3/sqft
    Source: Zillow Rentals Report a problem
    11/23/2024Price change$2,200-4.3%$3/sqft
    Source: Zillow Rentals Report a problem
    11/7/2024Price change$2,300-28.1%$3/sqft
    Source: Zillow Rentals Report a problem
    10/25/2024Listed for rent$3,200$4/sqft
    Source: Zillow Rentals Report a problem
    8/16/2019Sold$353,000$451/sqft
    Source: Canopy MLS as distributed by MLS GRID #3316354 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,465 +17.6%$370,400
    2024$3,797 +45.4%$370,400
    2023$2,611 +41.4%$370,400
    2022$1,847 +100%$370,400
    2021$923 +174.1%$370,400 +18.5%
    2020$337 $312,500
    Find assessor info on the county website

    Neighborhood: 28801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Asheville City
    • Middle: Asheville
    • High: Asheville

    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
    $447,600
    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
    $447,600