Search
Renovation-Ready Duplex
For Sale
Under Contract
$279,000

119 Fairfax Avenue, Asheville, NC 28806

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.23 Acres
Days on Market12

Property Features for 119 Fairfax Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM8
Zoning description RM8
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking 6
Parking features On Street, Driveway
Patio and Porch features Patio, Porch
Pets allowed Yes
Basement Apartment, Daylight, Storage Space
Appliances Electric Range, Refrigerator
Subdivision Galax Park
Lot features Infill Lot, Sloped, Wooded
Elementary school Lucy S. Herring
Middle school Asheville
High school Asheville
Directions From DT West Asheville take Haywood Rd to Fairfax Ave turn and drive to 119 Fairfax. See the Mosaic Realty Sign.
Standard status Active Under Contract
APN 9638-22-1819-00000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description DEED DATE: 02/19/2001 DEED: 2421-0692 SUBDIV: GALAX PARK BLOCK: LOT: 15 & PT LT 14 SECTION: PLAT: 0154-0102
Legal Description DEED DATE: 02/19/2001 DEED: 2421-0692 SUBDIV: GALAX PARK BLOCK: LOT: 15 & PT LT 14 SECTION: PLAT: 0154-0102

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Oil
Cooling system Window Unit(s)

Building Details

Year built 1909
Number of units 2
Flooring type Linoleum, Vinyl, Concrete, Laminate
Building materials Asbestos, Vinyl
Roof type Composition
Architectural style Bungalow
Listing Agency: Mosaic Community Lifestyle Realty
Listed By: Joseph Ruiz
Added: Sep 16 Changed: Sep 21 Last Checked: Sep 27 at 2:06PM
MLS# 4424832

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1909, this bungalow-style duplex includes two residential units with distinct renovation profiles. The upper apartment contains 3 bedrooms and 1 bathroom and is ready for remodeling. The lower apartment offers 1 bedroom and 1 bathroom and has been recently renovated. Property features include a basement, porch, patio, driveway parking, public sewer, oil heating, and window-unit cooling. Furniture has been removed.

The 0.23-acre parcel is zoned RM8 and sits at 119 Fairfax Avenue in Asheville, near Haywood Road and minutes from Downtown Asheville. West Asheville restaurants, breweries, shops, and entertainment are also nearby. The property includes a composition roof, vinyl and asbestos construction materials, and electric range and refrigerator appliances.

The existing duplex can be updated as a two-unit residential property. The RM8 designation and lot size may also support evaluation of additional residential development, subject to applicable zoning requirements, site conditions, access, setbacks, parking, and City of Asheville approvals.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 1‑bath upper apartment plus 1‑bedroom and 1‑bath lower apartment
  • 0.23‑acre RM8‑zoned residential parcel
  • Upper apartment is ready for remodeling; lower apartment has been recently renovated

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Electrical Service HVAC Service Computer & Electronic Repair Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit bungalow with a remodeled lower apartment, an upper residence awaiting renovation, and RM8 zoning on a larger residential lot.
Where is this duplex located?
The property is located at 119 Fairfax Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom and 1‑bath upper apartment plus 1‑bedroom and 1‑bath lower apartment; 0.23‑acre RM8‑zoned residential parcel; Upper apartment is ready for remodeling; lower apartment has been recently renovated
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message