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181 Merrimon Avenue

Asheville, NC 28801
$998,000
Bed
4 Baths
Half Baths
0 SqFt
0.41 Acres

INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

Greg Palombi
Broker | REALTOR®

Interested in making this property yours? I’d love to help you take the next step.

Presented by: Gray Tolson
Listed by: Appalachian Realty Associates

MLS: 4197890
Listing status: Active
Days on market: 361

Based on information submitted to the MLS GRID as of 2026-02-05 at 1:45PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Style:
Arts and Crafts
Foundation:
Basement,Pillar/Post/Pier
Garage:
Driveway,Parking Space(s)
Roof:
Architectural Shingle
Heating:
Hot Water,Natural Gas
Cooling:
None
Water:
City
Sewer:
Public Sewer
Year Built:
1907