181 Merrimon Avenue
Asheville, NC 28801
0
Bed
4.0
Bath
3,212Sqft
0.41Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Full Baths: 4Room Information
Has Basement: YesInterior Features
Roof: Architectural Shingle Appliances: Dishwasher, Electric Range, Refrigerator Laundry Features: NoneRoofing Information
Architectural Shingle -
Flooring Information
Construction Materials: Cedar Shake -
Heating & Cooling
Heating: Hot Water, Natural Gas Cooling: None WaterSource: City
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Building Information
Year Built: 1907
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Lot Information
Lot Size Area: 0.41 acreProperty Information
Property Type: Residential Income Sub Type: Apartment Style: Arts and Crafts
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Listing Price Information
Original List Price:$1095000
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Tax Information
Tax Assessed Value: 741300 Parcel Number: 9649-44-2126-00000
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Virtual Tour
Parking Information
Driveway, Parking Space(s)
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School Information
Elementary School: Asheville City Junior High School: Asheville Senior High School: Asheville -
Utility Information
Cable Connected, Electricity Connected, Natural Gas Sewer: Public Sewer Water Source: City -
Location Information
City: Asheville
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 21 Clemmons Street, Asheville, NC, 28801 | $499,000 | 3 | 2 | 1,231 | 1,231 SqFt |
| 86 Edgemont Road, Asheville, NC, 28801 | $3,500,000 | 12 | 13 | 8,256 | 8,256 SqFt |
| 11 Von Ruck Court, Asheville, NC, 28801 | $665,000 | 4 | 2 | 1,770 | 1,770 SqFt |
| 74 Arlington Street, Asheville, NC, 28801 | $399,900 | 3 | 1 | 1,238 | 1,238 SqFt |
| 67 Cherokee Road, Asheville, NC, 28801 | $998,500 | 4 | 2 | 2,264 | 2,264 SqFt |
| 23 Tuskeegee Street, Asheville, NC, 28801 | $629,000 | 3 | 4 | 2,201 | 2,201 SqFt |
| 8 Birdhouse Row, Asheville, NC, 28801 | $945,000 | 4 | 6 | 3,396 | 3,396 SqFt |
| 2 Hillside Walk, Asheville, NC, 28801 | $824,000 | 2 | 1 | 1,446 | 1,446 SqFt |
| 18 Edgemont Road, Asheville, NC, 28801 | $1,395,000 | 5 | 4 | 3,407 | 3,407 SqFt |
| 21 & 19 Crescent Street, Asheville, NC, 28801 | $915,000 | 3 | 3 | 1,211 | 1,211 SqFt |
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Based on information submitted to the MLS GRID as of 07/17/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
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ByOwner last updated this listing 07/17/2026 @ 18:20
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