24 Timothy StreetAsheville, NC 28801Price: $279,900

  • Price: $279,900
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 6.71% last updated on Sep 3, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $279,900List Price
  • 2Bedrooms
  • 1Bathrooms
  • 0.27Acreage
  • 973Square Feet

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Prime Development Potential in the Heart of Asheville. Renovate and FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units per lot. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's. Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity or your Renovation Team. The Value is there!! With great potential to Build More homes!! Maximum Density: Thanks to its RM8 zoning district, this property allows for up to four units. HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Property IS Sold S IS No Repairs by the Seller

Property Details of 24 Timothy Street

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Listed by Robert Hoke of Blueblaze Real Estate Group LLC (rhoke317@gmail.com)

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