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    297 Hillside St Asheville, NC 28801

    For Sale
    $975,000

    MULTI_FAMILY - Asheville, NC

    Lot size:
    0.16 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 297 Hillside St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NB
    Rooms
    Bedroom 3, Laundry Room, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    3
    APN
    9649-54-2740-00000
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Pets allowed
    Yes
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator, Washer/Dryer
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wood, Forced Air, Wood Stove, Ductless (Heating), Natural Gas
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    2002
    Number of units
    3
    Flooring type
    Wood, Linoleum, Tile, Concrete
    Building materials
    Hard Stucco
    Roof type
    Metal

    The Dwell Realty Group (828) 713-7760 [email protected]

    Listing agent Buck Schall (828) 242-5949

    Listing date Dec 5, 2025

    MLS# 4326761 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Asheville Multifamily Live/Work Opportunity

    This mixed-use property in Asheville, North Carolina, offers a versatile layout suitable for various uses, including single-family, multifamily, rental, live/work, artist studio, retail/commercial, or a combination. The property is located in a friendly neighborhood between Charlotte St and Merrimon Ave, approximately one mile from downtown. The zoning is Neighborhood Business. The property features three bedrooms, four bathrooms, and three kitchens, plus a bonus loft. The studio apartment is fully furnished and has been rented for $1800+ per month. The second-floor living area has been rented for $2600+ per month. The first-floor live/work space is being prepared for rental to generate additional revenue. The city confirmed the possibility of homestay short-term rental (STR) with two of the units, subject to minor modifications if the owner lives in the third unit. The sellers considered connecting the first and second floors to create a more traditional two-story home but preferred the current layout. The property is well-built and well-maintained. The lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.549244
    Latitude
    35.607009

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    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use property in Asheville with rental income potential.
    Where is this mixed-use property located?
    The property is located at 297 Hillside St Asheville, NC.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Rare Neighborhood Business zoning allows for diverse uses.; - Potential for significant rental income from multiple units.; - Prime location in a friendly neighborhood, just a mile from downtown Asheville.
    (828) 242-5949
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    297 Hillside St Asheville, NC 28801
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