Asheville's most desirable and rapidly growing areas. Whether you're looking to expand your real estate portfolio, purchase your first investment, or secure a home with long-term appreciation potential, this property offers an outstanding opportunity. Ideally located just minutes from downtown Asheville, River Arts District, breweries, restaurants, shopping, and major employers, this home combines convenience with strong rental appeal. The property has a proven history of generating income and offers excellent potential for continued cash flow or future value appreciation. The functional floor plan, low-maintenance lot, and prime location make this an attractive option for both long-term tenants and owner-occupants seeking an affordable Asheville home. Investors will appreciate the opportunity to capitalize on Asheville's continued demand for quality housing in a sought-after neighborhood. Whether you're searching for a rental property, investment home, cash-flow opportunity, or a property with room for future equity growth, 40 Mulberry Street checks all the boxes. Rare opportunities like this in Asheville don't last long.
| MLS # | 4405091 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 37 |
| Listing Provided By | Ivester Jackson Blackstream | Shane Surratt |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 879 |
| Story(s) | 1 |
| Acreage | 0.17 |
| Cooling | Ceiling Fan(s), Central Air, Heat Pump |
|---|---|
| Heating | Heat Pump |
| Window Features | Insulated Window(s) |
| Appliances | Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator, Washer |
| Roof | Metal |
|---|---|
| Construction Materials | Vinyl |
| Foundation Details | Crawl Space |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 136900 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28804 |
| Area | Buncombe |
| School District | Clyde A Erwin |
| Elementary School | Woodfin/Eblen |
| High School | Clyde A Erwin |
| Listing VS Median (in 28804) | |
Price: $329,000 low | high Med: $749,000 sqft: 879 low | high Med: 2,366 $ / sqft: $374 low | high Med: $317 On site: 37 low | high Med: 378 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28804 |
| Area | Buncombe |
| School District | Clyde A Erwin |
| Elementary School | Woodfin/Eblen |
| High School | Clyde A Erwin |
| Listing VS Median (in 28804) | |
Price: $329,000 low | high Med: $749,000 sqft: 879 low | high Med: 2,366 $ / sqft: $374 low | high Med: $317 On site: 37 low | high Med: 378 | |