Active

144 Hanover Street

Asheville, NC 28806

$675,000 $2,845/Mo

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Overview

Bed

4.0

Bath

2,245

Sqft

0.25

Acre(Lot)

Description

Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, mak ing it an attractive option for long-term rental demand. Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio. Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.

Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 88180994

MLS Id : CAR4405557

Beds : 6

Lot Size : 0.25 Acre

Living Area Size : 2,245

Year Built : 2006

County : Buncombe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 6

Bathroom Information

Full Baths: 4

Interior Features

Appliances: Dishwasher, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer Laundry Features: Laundry Room
Flooring Information

Flooring: Tile Construction Materials: Fiber Cement, Vinyl, Other - See Remarks
Heating & Cooling

Heating: Central, Forced Air, Heat Pump Cooling: Ceiling Fan(s), Central Air, Heat Pump WaterSource: City

Building Information

Year Built: 2006

Lot Information

Lot Size Area: 0.25 acre

Property Information

Property Type: Residential Income Sub Type: Portfolio

Listing Price Information

Original List Price:$675000

Tax Information

Tax Assessed Value: 296500 Parcel Number: 9638-42-9530-00000

Parking Information

Driveway

School Information

Elementary School: Unspecified Junior High School: Asheville Senior High School: Asheville
Utility Information

Sewer: Public Sewer Water Source: City
Location Information

Subdivision: None City: Asheville Direction: GPS: 144 Hanover Street, Asheville, NC 28806 / 214 Short Michigan Ave, Asheville, NC 28806

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
127 Riverview Drive #8 .., Asheville, NC, 28806	$599,900	3	2.5	1,800	1,800 SqFt
214 Short Michigan Avenue, Asheville, NC, 28806	$975,000	8	5.5	3,124	3,124 SqFt
17 & 19 Hubbard Avenue, Asheville, NC, 28806	$624,000	4	3.0	1,811	1,811 SqFt
289 Riverview Church Road, Asheville, NC, 28806	$415,000	3	2.5	2,115	2,115 SqFt
448 Sand Hill Road, Asheville, NC, 28806	$325,000	4	2	1,504	1,504 SqFt
71 AND 73 Panorama Drive, Asheville, NC, 28806	$695,000	4	4.5	2,860	2,860 SqFt
4 AND 6 Mountain View R.., Asheville, NC, 28806	$369,000	5	3.0	1,512	1,512 SqFt

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Disclaimer: The information being provided courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CAROLINA (Canopy MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of CAROLINA (Canopy MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 07/24/2026 @ 06:20. 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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Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 07/24/2026 @ 06:20. All data is obtained from various sources and may not have been verified by 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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ByOwner last updated this listing 07/24/2026 @ 06:20

MLS: CAROLINA #4405557 LISTED BY: Shane Surratt, Ivester Jackson Blackstream 828-367-9001 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)