8 Units - 615 Biltmore Avenue, Asheville, NC 28803

$1,850,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,850,000
MLS#
4373090
Status
ACTIVE
Property Type
Commercial Sale
Year Built
1949
Days on Market
99
Lot Size
4,355,956,440
Lot Size Area
99999
County
Buncombe

Property Description

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, and just minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Each unit offers a low-maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. A compelling opportunity to acquire scale in a proven Asheville location with enduring rental appeal. Rental history available upon request.

Additional Information

Floor Coverings
Wood
Equipment
Electric Oven, Electric Range, Exhaust Hood, Refrigerator
Foundation
Crawl Space
Heating
Forced Air
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Roof
Built-Up
Parking
On Street, Parking Lot
Driveway
Paved
Lot Description
Cleared
Zoning
RM16
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NAI Beverly-Hanks. knelson@naibeverly-hanks.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”