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41 Panola Street
Asheville NC 28801 US

$799,000

Active Listing ID 4406063
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5 bed
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4.00 Bath (4 Full)
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Lot: 0.28 Acres
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Other

$799,000

Active Listing ID 4406063
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41 Panola Street Stately four-plex residence of a Dutch Colonial Revival style on over 1/4 acre. Prime, in-town location on a quiet, tree-lined street. A unique investment opportunity with all four units currently leased and consistent rental income over the years. One 2 BR/1 BA unit, and the others are all 1 BR/1 BA. Many charming, original details. Offering a nostalgic presence with its mostly hardwood floors throughout, and tall ceilings on the main. All can enjoy the beautiful garden areas, with hydrangeas galore. The private, open backyard is where the outdoors is easily embraced. Tenants can also choose to relax on the covered front or rear porches. The National Register of Historic Places noted 41 Panola St. as an early 20th c. vernacular shingle dwelling within the Montford Area Historic District. Information about the Historic Resources Commission and the Montford guidelines can be found on the Asheville City webpage. This classic home has an interesting past, old appeal, and much potential. Some may say it seems a little tired, yet there's plenty to love. Continue with this successful rental (likely its best use) in its present state, or new owners may choose to bring this vintage beauty back to its bygone majesty. Convenient to all things Asheville! Moments from Montford Park, UNCA, Botanical Gardens, Reed Creek Greenway, popular restaurants (such as All Day Darling and Nine Mile) and entertainment venues (like Harrah's Cherokee Center and Thomas Wolfe Auditorium). Trader Joe's, Whole Foods and more, are about 1 mile away. Consider generating extra monthly income! Cannot match this desirable Asheville neighborhood. Could this be the place and time? (Listing agent will confirm agents' appointment requests and will accompany. 24-hour+ notice is a must.) Pre-approval or proof-of-funds needed, prior needed to confirm showings.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Ceiling Fan(s), Window Unit(s)
  • Exterior Finish: Fire Pit, Lawn Maintenance
  • Floor Covering: Carpet, Wood, Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement
  • Fireplace
  • Patio

School Information

  • School
  • Asheville City(Elementary)
  • Asheville(MiddleSchool)
  • Asheville(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 799000
  • unparsedaddress: 41 Panola Street
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28801
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.60794
  • longitude: -82.567371
  • listagentfullname: Lorraine Silverman
  • listagentemail: lsilverman@townandmountain.com
  • listagentkey: 3yd-CMLSNC-lsilver
  • listagentmlsid: lsilver
  • listagentpreferredphone: 8282305328
  • listagentofficephone: 8282305328
  • listofficekey: 3yd-CMLSNC-NCM13840
  • listofficemlsid: NCM13840
  • 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: 1903
  • listingcontractdate: 2026-08-05
  • listagenturl: https://www.townandmountain.com/
  • countyorparish: Buncombe
  • parcelnumber: 9639-95-8273-00000
  • elementaryschool: Asheville City
  • highschool: Asheville
  • appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer
  • cooling: Ceiling Fan(s), Window Unit(s)
  • constructionmaterials: Brick Partial, Shingle/Shake, Wood
  • flooring: Carpet, Wood, Vinyl
  • heating: Natural Gas
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Entrance Foyer
  • exteriorfeatures: Fire Pit, Lawn Maintenance
  • windowfeatures: Storm Window(s)
  • architecturalstyle: Colonial
  • rooms: Bedroom 5, Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
  • utilities: Cable Available
  • patioandporchfeatures: Porch
  • basement: Unfinished, Exterior Entry, Partial
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -82.56737, 35.60794
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Town and Mountain Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lsilverman@townandmountain.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"chris.herndon@townandmountain.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Town and Mountain Realty", "ListBrokeragePhone":"(828) 232-2879", "ListBrokeragePostalCode":"28801", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 103", "ListBrokerageUnparsedAddress":"261 Asheland Ave.", "ListBrokerageWebsiteUrl":"https://www.townandmountain.com/", "ListOfficeAddress1":"315 Haywood Rd Ste 119 ", "ListOfficeAddress2":"Suite 103", "ListOfficeBrokerMlsId":"NCM13840", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"sean@townandmountain.com", "ListOfficePostalCode":"28806", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Asheville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/41-Panola-St_Asheville_NC_28801_M67420-86578?f=listhub&s=CMLSNC&m=4406063&c=rexren", "MLSModificationTimestamp":"2026-09-12 09:01:05", "Neighborhoods":[{"Description":null, "Name":"Montford"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"DEED DATE:07/19/2018 DEED:5684-1287 PLAT:0000-0000", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/12/2026 9:08:39 AM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Lorraine Silverman, Town and Mountain Realty, lsilverman@townandmountain.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.