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$275,000
$279,900
1.8%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
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
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Drea Jackson • Native Asheville
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