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214 Short Michigan Avenue
Asheville NC 28806 US

$975,000

Active Listing ID 4405564
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8 bed
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6.00 Bath (5 Full , 1 Half)
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Lot: 0.42 Acres
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Other

$975,000

Active Listing ID 4405564
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214 Short Michigan Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.42 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Cooling System: Electric, Ceiling Fan(s), Heat Pump, Central Air
  • Heating Fuels: Forced Air, Heat Pump (Heating), Central

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 975000
  • unparsedaddress: 214 Short Michigan Avenue
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28806
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.42
  • lotsizeunits: Acres
  • lotsizearea: 0.42
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.569294
  • longitude: -82.57818
  • listagentfullname: Shane Surratt
  • listagentemail: shane@ijbproperties.com
  • listagentkey: 3yd-CMLSNC-548509825
  • listagentmlsid: 548509825
  • listagentpreferredphone: 8287771977
  • listagentofficephone: 8287771977
  • listofficekey: 3yd-CMLSNC-NCM33610
  • listofficemlsid: NCM33610
  • disclaimer: 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.
  • sourcesystemid: CMLSNC
  • yearbuilt: 2003
  • listingcontractdate: 2026-07-19
  • listagenturl: http://www.ivesterjackson.com
  • countyorparish: Buncombe
  • parcelnumber: 9638-61-1259-00000
  • elementaryschool: Unspecified
  • highschool: Asheville
  • appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer
  • cooling: Electric, Ceiling Fan(s), Heat Pump, Central Air
  • heating: Forced Air, Heat Pump (Heating), Central
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.57818, 35.569294
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ivester Jackson Distinctive Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shane@ijbproperties.com", "ListBrokerageCity":"Cornelius", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lori@ivesterjackson.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CMLSNC/c5ababc31d26048e011d2f80434f071e/20150111023339390.png", "ListBrokerageName":"Ivester Jackson Distinctive Properties", "ListBrokeragePhone":"(704) 996-5686", "ListBrokeragePostalCode":"28031", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"21025 Catawba Avenue, Suite 101", "ListBrokerageWebsiteUrl":"http://www.ivesterjackson.com", "ListOfficeAddress1":"18 South Pack Square ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM33610", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"jhunter@ijbproperties.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Asheville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/214-Short-Michigan-Ave_Asheville_NC_28806_M67161-79657?f=listhub&s=CMLSNC&m=4405564&c=rexren", "MLSModificationTimestamp":"2026-07-20 15:59:05", "Neighborhoods":[{"Description":null, "Name":"Sky Harbor"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"DEED DATE: 09/18/2012 DEED: 5020-0275 SUBDIV: ROUND TABLE INVESTMENTS BLOCK: LOT: LOT 21 SECTION: PLAT: 0089-0070", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/20/2026 4:11:44 PM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Shane Surratt, Ivester Jackson Blackstream, shane@ijbproperties.com

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.