Tenant-Occupied Triplex Portfolio
For Sale
$975,000
214 Short Michigan Avenue, Asheville, NC 28806
Residential Income, Asheville, NC
Property SizeContact for details
Lot Size0.42 Acres
Days on Market49
Property Features for 214 Short Michigan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM16
Zoning description
RM16
Bedrooms
8
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 6
Parking features
Driveway
Pets allowed
Yes
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer
Subdivision
Sky Harbor
Elementary school
Unspecified
Middle school
Asheville
High school
Asheville
Directions
GPS: 40 Michigan Street, Asheville, NC 28804 / 144 Hanover Street, Asheville, NC 28806 / 214 Short Michigan Ave, Asheville, NC 28806
Standard status
Active
APN
9638-61-1259-00000
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
DEED DATE: 09/18/2012 DEED: 5020-0275 SUBDIV: ROUND TABLE INVESTMENTS BLOCK: LOT: LOT 21 SECTION: PLAT: 0089-0070
Legal Description
DEED DATE: 09/18/2012 DEED: 5020-0275 SUBDIV: ROUND TABLE INVESTMENTS BLOCK: LOT: LOT 21 SECTION: PLAT: 0089-0070
Utilities
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating), Forced Air
Cooling system
Heat Pump, Electric, Ceiling Fan(s), Central Air
Building Details
Year built
2003
Number of units
3
Listing Agency:
Ivester Jackson Blackstream
(828) 367-9001
Listed By:
Shane Surratt
(828) 777-1977
Added: Jul 19
Changed: Sep 1
Last Checked: Sep 5 at 2:06PM
MLS# 4405564
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.
Tenant-occupied income-producing triplex rental properties offered as a portfolio opportunity. The portfolio includes 214 Short Michigan Avenue and 40 Mulberry Street, providing established rental dwellings with a streamlined transition for the next owner.
The property is zoned RM16 and sits on a 0.42-acre lot. Built in 2003, the residences are equipped with forced air heating, central air conditioning, and heat pump systems. Cooling and heating features listed include electric and heat pump components, along with ceiling fans, and the homes connect to public sewer. Parking is available via a driveway.
For added day-to-day practicality, in-unit appliances are listed including a refrigerator, electric range and oven, dishwasher, and washer/dryer (washer/dryer noted in the appliance list).
The property is zoned RM16 and sits on a 0.42-acre lot. Built in 2003, the residences are equipped with forced air heating, central air conditioning, and heat pump systems. Cooling and heating features listed include electric and heat pump components, along with ceiling fans, and the homes connect to public sewer. Parking is available via a driveway.
For added day-to-day practicality, in-unit appliances are listed including a refrigerator, electric range and oven, dishwasher, and washer/dryer (washer/dryer noted in the appliance list).
Key Highlights
- Tenant‑occupied triplex rental portfolio including 214 Short Michigan Avenue and 40 Mulberry Street
- Zoned RM16
- 0.42‑acre lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Tenant-occupied triplex rental properties zoned RM16 with a 0.42-acre lot, built in 2003, and public sewer.
Where is this multifamily property located?
The property is located at 214 Short Michigan Avenue 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: Tenant‑occupied triplex rental portfolio including 214 Short Michigan Avenue and 40 Mulberry Street; Zoned RM16; 0.42‑acre lot
