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Triplex with Live-Work Space
New
For Sale
$899,000

297 Hillside Street, Asheville, NC 28801

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 297 Hillside Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description NB
Bedrooms 3
Bathrooms 1
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features Driveway, Garage - Attached
Fireplace 1
Appliances Dishwasher, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator, Washer/Dryer
Subdivision Hillside Park
Lot features Corner Lot, Level, Wooded
Elementary school Asheville
Middle school Asheville
High school Asheville
Directions GPS works. Please do not park on the other side of Lee Street.
Standard status Active
APN 9649-54-2740-00000
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description DEED DATE: 08/25/2011 DEED: 4909-1066 SUBDIV: HILLSIDE PARK BLOCK: LOT: 20 SECTION: PLAT: 0198-0456
Legal Description DEED DATE: 08/25/2011 DEED: 4909-1066 SUBDIV: HILLSIDE PARK BLOCK: LOT: 20 SECTION: PLAT: 0198-0456

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Wood Stove, Forced Air, Ductless (Heating), Wood
Cooling system Ceiling Fan(s), Ductless
Water source Public

Building Details

Year built 2002
Number of units 3
Building materials Hard Stucco
Roof type Metal
Buildings 1
Listing Agency: Mosaic Community Lifestyle Realty
Listed By: Buck Schall
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 9:06AM
MLS# 4438474

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.

Rey
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Investment Insights

Based on property information with market context.

This 2002 triplex has three bedrooms, four bathrooms and three kitchens, with residential and live-work areas arranged across its existing layout. A loft sits at the top of the building, and the studio apartment is furnished. The property has hard stucco construction, a metal roof, forced-air and ductless heating, ductless cooling, and a fireplace. An attached garage and driveway provide on-site parking. Public water and sewer serve the property, and cable is available.

The 0.16-acre site is zoned Neighborhood Business. The property is in Asheville, North Carolina, between Charlotte Street and Merrimon Avenue, approximately one mile from downtown. Appliances include a dishwasher, electric range, water heaters, refrigerator and washer/dryer.

Key Highlights

  • Triplex with 3 bedrooms, 4 bathrooms and 3 kitchens
  • Neighborhood Business zoning
  • 0.16‑acre site in Asheville, North Carolina

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Locksmith Storage Facility Kitchen & Bath Showroom

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

1,782
Businesses Nearby

Demographics for 28801, NC

15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three kitchens and a mix of residential and work areas support a flexible multi-unit configuration.
Where is this triplex located?
The property is located at 297 Hillside Street Asheville, NC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Triplex with 3 bedrooms, 4 bathrooms and 3 kitchens; Neighborhood Business zoning; 0.16‑acre site in Asheville, North Carolina
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