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Two-Unit Duplex with Custom Interiors
For Sale
$584,900

127 Riverview Drive, Asheville, NC 28806

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.03 Acres
Days on Market96

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 3, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bedroom 2
Parking 2
Parking features Parking Lot
Patio and Porch features Porch
Pets allowed Yes
Fireplace 1
Basement Finished, Walk-Out Access, Exterior Entry, Apartment
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 Forced Air, Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump, Electric, Central Air

Building Details

Year built 1983
Number of units 2
Flooring type Laminate, Concrete, Tile, Wood
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: Sep 14 Last Checked: Oct 7 at 3:06AM
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 RM8-zoned duplex contains two separately configured residential units within a 1983 property. The upper residence offers two bedrooms, one and a half baths, vaulted ceilings, a stone fireplace, an open kitchen and great room, Silestone countertops, custom cabinetry, stainless steel appliances, and a backyard-facing balcony. The lower unit provides one bedroom and one bath with a combined kitchen, living, dining, and office area. Wood, tile, laminate, and concrete flooring are featured throughout, along with a porch, parking lot, public sewer, shingle roofing, and electric heat pump systems.

The property occupies 0.03 acres at 127 Riverview Drive in Asheville’s West Asheville area, overlooking the River Arts District. Shops, restaurants, and entertainment are described as being within a few walkable blocks. Washer/dryer equipment, a dishwasher, disposal, refrigerator, electric range, and electric water heater are included.

Key Highlights

  • Two residential units sold together: an upper 2‑bedroom, 1.5‑bath unit and a lower 1‑bedroom, 1‑bath unit
  • RM8 zoning on a 0.03‑acre property
  • Upper unit includes vaulted ceilings, stone fireplace, open kitchen and great room, and backyard‑facing balcony

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Kitchen & Bath Showroom Barber Shop Law Firm Auto Parts Store

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Residential duplex with separate upstairs and downstairs layouts, shared association costs, and access to West Asheville amenities.
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 residential units sold together: an upper 2‑bedroom, 1.5‑bath unit and a lower 1‑bedroom, 1‑bath unit; RM8 zoning on a 0.03‑acre property; Upper unit includes vaulted ceilings, stone fireplace, open kitchen and great room, and backyard‑facing balcony
More about this property
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