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Street View
$975,000
Monthly Est:$4,853
8 Beds
- 6 Baths
5 full baths + 1 half bath
3,124sqft
214 Short Michigan Ave, Asheville, NC 28806
$975,000
$4,853/moEst:
Get Pre-Approved
Multi Family
Built in 2003
$-- HOA
0.42 acre lot
$312/sq.ft
Description
Asheville Investment Portfolio Opportunity – Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets.
Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential.
properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.
- Houzeo last checked: 21 minutes ago
- Listing updated: July 24, 2026 at 3:14 pm
- Listing Provided by: Shane Surratt (828) 777-1977 | Ivester Jackson Blackstream (828) 367-9001
- Source: Canopy MLS | MLS#: 4405564

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2003
HOA Fees
-
Finished Area
3,124 sqft
Lot Size
0.42 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4405564
MLS Status
Active
Days on Market
82
Cumulative Days on Market
5

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Interior
Sewer
Public Sewer
Cooling
Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/dryer
Heating
Central, Forced Air, Heat Pump
Construction
Year Built
Year Built: 2003
Home type
Multi Family
Foundation Details
Crawl Space
Construction Materials
Other See Remarks
Utilities & Energy
Laundry Features
In Unit
Water Source
City
Basement
Other
Parking Features
Driveway
Other Features
Tenant Pays
All Utilities
Subdivision Name
Sky Harbor
Price History
| Date | Event | Price |
|---|---|---|
07/20/2026 Source: | Listed for Sale | $309,000 -68.31% $318/sqft |
07/20/2026 Source: | Price Increased | $975,000 +226.09% $1,003/sqft |
03/01/2025 Source: | Price Increased | $299,000 +66.20% $308/sqft |
05/02/2020 Source: | Price Increased | $179,900 +12.51% $185/sqft |
03/03/2016 Source: | Listing Removed | $159,900 +108.47% $165/sqft |
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Based on information submitted to the MLS GRID from Canopy MLS through Oct 09, 2026, 02:30PM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.
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