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Tenant-Occupied Multifamily Portfolio

214 Short Michigan Avenue Asheville, NC 28806

New
214 Short Michigan Avenue, Asheville, NC, 28806
$975,000
For Sale
$975,000

MULTI_FAMILY - Asheville, NC

Lot Size0.42 Acres
Days on Market3

Property Features for 214 Short Michigan Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM16
Bedrooms
8
Bathrooms
6
Rooms
Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
Driveway
Pets allowed
Yes
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer
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

Utilities

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

Building Details

Year built
2003
Number of units
3
Listing Agency Ivester Jackson Blackstream
18 South Pack Square, Cornelius, NC
Listed by Shane Surratt
Added: Jul 19 Updated: Jul 20 at 10:09 am Checked: Jul 21 at 6:06 am
MLS# 4405564 Listing URL

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 offering presents tenant-occupied rental properties for sale, positioned as a portfolio opportunity with immediate income. The listing describes included assets such as 214 Short Michigan Avenue and 40 Mulberry Street, with the note that properties may be purchased individually or together.

The properties are described as being conveniently located near downtown Asheville, along with restaurants, breweries, shopping, entertainment, and major amenities, supporting established local rental demand.

According to the listing, the portfolio is intended to support both first-time investors seeking income-producing rental exposure and experienced investors looking to add Asheville assets. For additional unit-level and property-specific details, the remarks direct buyers to the individual MLS listings for each address.

Key Highlights

  • Tenant‑occupied rental portfolio opportunity in Asheville with immediate rental income
  • Portfolio includes 214 Short Michigan Avenue and 40 Mulberry Street
  • Properties may be purchased individually or together for portfolio flexibility

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Dental Office Pharmacy Nail Salon Auto Parts Store Building Supply Hair Salon Barber Shop Electrical Service Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - For sale under RM16 zoning, featuring tenant-occupied rental properties with immediate income and portfolio purchase flexibility.
Where is this triplex 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 rental portfolio opportunity in Asheville with immediate rental income; Portfolio includes 214 Short Michigan Avenue and 40 Mulberry Street; Properties may be purchased individually or together for portfolio flexibility
Contact an agent
More about this property
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