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 Type(s):
Multi Family
|
Tract
|
None
|
Year Built
|
2006
|
|
Community
|
None
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Asheville |
| High School |
Asheville |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Fiber Cement |
| HEAT |
Central, Forced Air, Heat Pump |
| LOT |
0.25 acre(s) |
| LOT DIMENSIONS |
0.25 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Public Sewer |
| SUBDIVISION |
None |
| WATER |
Public |
Location
Listed with Ivester Jackson Blackstream
Date last updated: 8/18/26 1:34 AM PDT
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This IDX solution is (c) Diverse Solutions 2026.
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