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Two-Unit Townhome Duplex
For Sale
$584,900

127 Riverview Drive, Asheville, NC 28806

MULTI_FAMILY - Asheville, NC

Property SizeContact for details
Lot Size0.03 Acres
Days on Market50

Property Features for 127 Riverview Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM8
Zoning description RM8
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Basement, Bedroom 3, Bathroom 1
Parking 2
Parking features Parking Lot
Patio and Porch features Porch
Pets allowed Yes
Fireplace 1
Basement Apartment, Walk-Out Access, Exterior Entry, Finished
Appliances Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Subdivision Oak Ridge Villas
Lot features Wooded
Elementary school Asheville City
Middle school Asheville
High school Asheville
Directions Haywood Rd to Riverview Drive.
Standard status Active
APN 9638-85-5580-00000
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description DEED DATE: 02/11/2013 DEED: 5069-0629 SUBDIV: OAK RIDGE VILLAS BLOCK: LOT: 8 SECTION: PLAT: 0048-0194
HOA Fee $1,800 Annually
Legal Description DEED DATE: 02/11/2013 DEED: 5069-0629 SUBDIV: OAK RIDGE VILLAS BLOCK: LOT: 8 SECTION: PLAT: 0048-0194

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system Heat Pump, Central Air, Electric

Building Details

Year built 1983
Number of units 2
Flooring type Wood, Concrete, Laminate, Tile
Building materials Hardboard Siding
Roof type Shingle
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Jake Mossman · License #325658
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 22 at 11:06AM
MLS# 4398328

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.

This duplex comprises two townhome-style residences conveyed together. The upper unit offers two bedrooms, 1.5 baths, vaulted ceilings, a stone fireplace, an open kitchen and great room, custom cabinetry, Silestone countertops, stainless steel appliances, and a balcony. The lower residence provides one bedroom and one bath with a compact arrangement combining kitchen, living, dining, and office areas. Wood, concrete, laminate, and tile flooring appear throughout, and both units include dedicated laundry appliances.

The property sits at 127 Riverview Drive in Asheville, near the River Arts District and within walking distance of shops, restaurants, and entertainment. It is served by public sewer and includes parking-lot spaces, a porch, shingle roofing, hardboard siding, central air, and heat-pump and forced-air heating systems. The property was built in 1983 and is zoned RM8.

Key Highlights

  • Two townhome units sold together
  • Upper unit has 2 bedrooms and 1.5 baths; lower unit has 1 bedroom and 1 bath
  • Upper residence includes vaulted ceilings, stone fireplace, balcony, and open kitchen/great room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Kitchen & Bath Showroom Barber Shop Law Firm Pet Grooming 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

906
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately configured residences with custom finishes, efficient layouts, and a shared association structure.
Where is this duplex located?
The property is located at 127 Riverview Drive Asheville, NC.
What is the asking price?
The asking price for this property is $584,900.
What are key features of this property?
This property features: Two townhome units sold together; Upper unit has 2 bedrooms and 1.5 baths; lower unit has 1 bedroom and 1 bath; Upper residence includes vaulted ceilings, stone fireplace, balcony, and open kitchen/great room
More about this property
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