24 Timothy ST, Asheville, NC 28801
See all 39 photos
24 Timothy ST, Asheville, NC 28801
24 Timothy ST, Asheville, NC 28801
24 Timothy ST, Asheville, NC 28801
24 Timothy ST, Asheville, NC 28801

$275,000

Est. payment /mo

$279,900

1.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

24 Timothy ST Asheville, NC 28801

2 Beds

1 Bath

973 SqFt

SOLD DATE : 10/16/2026

Key Details

Sold Price $275,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 973 sqft

Price per Sqft $282

MLS Listing ID 4412352

Sold Date 10/16/26

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 973

Year Built 1928

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Single Family Residence

Property Description

Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR FLIP!! Renovate and Build your Family Compound.
Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units.
Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's.
Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment.
Why Investors Will Love This Opportunity
The Value is there!! With great potential to Build More homes!!
Maximum Density: Possibility of 1 Duplex per lot
HVAC is 5 years old and is ready for the Heat, 220 Electrical Box.

Buyers must verify with City planning on subdividing and what structures can be developed on each lot.

Property IS Sold AS IS No Repairs by the Seller

Location

State NC

County Buncombe

Zoning RM8

Rooms

Basement Unfinished

Primary Bedroom Level Main

Main Level Bedrooms 2

Interior

Heating Heat Pump

Cooling Ceiling Fan(s), Heat Pump

Fireplace true

Appliance Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer

Laundry Main Level

Exterior

Street Surface Asphalt,Paved

Porch Covered, Front Porch

Garage false

Building

Lot Description Cleared, Level

Foundation Basement

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Wood

New Construction false

Schools

Elementary Schools Isaac Dickson

Middle Schools Asheville

High Schools Asheville

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Robert Hoke • Blueblaze Real Estate Group LLC • rhoke317@gmail.com
Bought with Drea Jackson • Native Asheville

NEARBY SCHOOLS & BUSINESSES

Jeremy Ordan

Jeremy Ordan

Team Lead License ID: 280072

+1(704) 609-9300

GET MORE INFORMATION

Name
Phone*
Message