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West Asheville Multifamily Investment Opportunity
For Sale
$624,000

17 & 19 Hubbard Avenue, Asheville, NC 28806

MULTI_FAMILY - Asheville, NC

Property SizeContact for details
Lot Size0.29 Acres
Days on Market534

Property Features for 17 & 19 Hubbard Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS8
Zoning description RS8
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 4
Parking features Driveway
Patio and Porch features Porch
Basement Apartment
Appliances Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator
Subdivision West Asheville
Lot features Level, Rolling Slope
Elementary school Asheville City
Middle school Asheville
High school Asheville
Directions From Haywood Rd. Turn onto State St. Turn Right onto Hudson St. Then Turn Left onto Stewart St. Take a Right onto Hubbard Ave. Homes are on the Left. No Sign.
Standard status Active
APN 9638-31-7805-00000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description DEED DATE: 10/16/2000 DEED: 2355-0508 SUBDIV: S D HALL BLOCK: LOT: 13 SECTION: PLAT: 0006-0093
Legal Description DEED DATE: 10/16/2000 DEED: 2355-0508 SUBDIV: S D HALL BLOCK: LOT: 13 SECTION: PLAT: 0006-0093

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Propane (Heating), Forced Air, Ductless (Heating)
Cooling system Heat Pump, Ceiling Fan(s)

Building Details

Year built 1924
Number of units 3
Flooring type Tile, Vinyl, Wood
Building materials Aluminum, Asbestos, Wood
Roof type Shingle
Listing Agency: Mosaic Community Lifestyle Realty
Listed By: Chris Findley
Added: Mar 6, 2025 Changed: Aug 10 Last Checked: Aug 22 at 8:06AM
MLS# 4228998

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 property presents an investment opportunity in West Asheville, located near Sunny Point Cafe and Haywood Road. The property includes three units situated in two standalone homes on a 0.29-acre lot. The units have a history of rentals. 17 Hubbard Avenue features a duplex with a 979 square foot apartment with 2 bedrooms and 1 bathroom upstairs, and a 420 square foot apartment with 1 bedroom and 1 bathroom downstairs. 19 Hubbard Avenue is a 412 square foot cottage with 1 bedroom and 1 bathroom. Each unit includes a porch, and all units have access to a large yard. Updates have been made in recent years, including water heaters, mini-splits, roofs, and gutters. The property is zoned RS8 and offers possibilities such as living in one unit and renting the others, or renting all three units.

Key Highlights

  • Investment opportunity with three rental units in a desirable West Asheville location near Haywood Road.
  • Proven rental history for all three units.
  • Two standalone homes on a 0.29‑acre lot, including a duplex and a cottage.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Pharmacy Furniture & Home Goods (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

707
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
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 - Three units in two homes near Haywood Road corridor.
Where is this duplex located?
The property is located at 17 & 19 Hubbard Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $624,000.
What are key features of this property?
This property features: Investment opportunity with three rental units in a desirable West Asheville location near Haywood Road.; Proven rental history for all three units.; Two standalone homes on a 0.29‑acre lot, including a duplex and a cottage.
More about this property
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