Leaf Image
55 Congress Street
$575,000
Asheville, NC, 28801
singlefamily
5
3
Lot Size: 0.35 Acres
MLS #CAR4423785 image #0
ABOUT

Property Information

*** PRICE IMPROVEMENT ***Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal.

Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue.

Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level.

Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives.

Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home does require some unfinished updates in the basement area. Schedule your showing today and explore the possibilities!"
SPECIFICS

Property Details

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Price:
$575,000
MLS #:
CAR4423785
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
E Riverside Urban Renewal Area
Listed Date:
Sep 16, 2026
Finished Sq Ft:
2,304
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1980
RanchE Riverside Urban Renewal AreaAsheville PrimaryAshevilleAsheville
AMENITIES

Interior

Above Grade Finished Area
1152
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
1152
Cooling
Ceiling Fan(s), Ductless, Window Unit(s)
Flooring
Vinyl, Wood
Heating
Baseboard, Electric, Heat Pump
Laundry Features
In Basement, Laundry Room
Levels
One
AMENITIES

Exterior

Architectural Style
Ranch
Community Features
Recreation Area, Sidewalks, Street Lights
Construction Materials
Stone, Wood
Exterior Features
Storage
Parking Features
Driveway
Patio And Porch Features
Covered, Deck, Front Porch
View
City, Long Range, Mountain(s), Year Round
Waterfront Features
None
Window Features
Insulated Window(s), Window Treatments
NEIGHBORHOOD

Schools

Elementary School:
Asheville Primary
Middle School:
Asheville
High School:
Asheville
FINANCIAL

Financial

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55 Congress Street
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