Tenant-Occupied Asheville Investment Property with Immediate Rental Income! Opportunity awaits at 214 Short Michigan Avenue, a tenant-occupied investment property offering immediate rental income and long-term potential in Asheville. This property is an excellent opportunity for investors seeking an income-producing property, long-term rental, cash-flow investment, or portfolio expansion in one of Western North Carolina's most desirable real estate markets. With an established tenant already in place, the next owner can benefit from a streamlined transition and the advantage of existing rental income from day one. Conveniently located near 144 Hanover Street, this property offers easy access to downtown Asheville, restaurants, shopping, breweries, entertainment, and everyday amenities, making it an attractive option for long-term rental demand.
Whether you're a seasoned investor or purchasing your first Asheville rental property, this home provides an opportunity to generate rental income, build equity, and expand your real estate investment portfolio.
Rarely do opportunities arise to purchase tenant-occupied Asheville investment properties with portfolio flexibility. Schedule your private showing today and explore the possibilities at 214 Short Michigan Avenue.
Property Details
- Cooling
- Ceiling Fan(s), Central Air, Heat Pump
- Heating
- Central, Forced Air, Heat Pump
- Cooling Features
- Ceiling Fan(s), Central Air, Heat Pump
- Bedrooms
- 6
- Bathrooms
- 4.0
- Full Baths
- 4
- Acres
- 0.0
- Square Feet
- 2245.0
- Lot Size (sqft)
- 0.25
- Parking Features
- Driveway
- Parking Type
- Driveway
- Parking Garage Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 2006
- Foundation
- Crawl Space
- Sewer Information
- Public Sewer
- Utility Source
- City
- Appliances
- Dishwasher, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Oven, Refrigera
- Elementary School
- Unspecified
- Middle School
- Asheville
- High School
- Asheville
- County
- BUNCOMBE
- Region
- Asheville
- Zoning
- RM8
- Original List Price
- $675,000
- Days on Market (Cumulative)
- 49
- Pets
- 1
- MLS #
- 4405557
- Property Subtype
- Portfolio
- Parcel Number
- 9638-42-9530-00000
- MLS #
- 4405557
- Date Listed
- July 19, 2026
- Address
- 144 Hanover Street
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-07-20T01:40:05Z. All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website.
Provided By
Listed by Shane Surratt (#CAR548509825)
Listing Office: Ivester Jackson Blackstream (#CARNCM33610)
