+34 more
/ 39
+29
$279,900
2 bd
1 ba
973 sqft
24 Timothy Street
Asheville, NC 28801
Active Under Contract
4 days on market
Property Type
Residential
Year Built
1928
Lot Size
0.27 acres
Garage
—
About This Property
Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR 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.
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
The Value is there!! With great potential to Build More homes!!
Maximum Density: Possibility of 1 Duplex per lot
HVAC is 5 years old and is ready for the Heat, 220 Electrical Box.
Buyers must verify with City planning on subdividing and what structures can be developed on each lot.
Property IS Sold AS IS No Repairs by the Seller
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.
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
The Value is there!! With great potential to Build More homes!!
Maximum Density: Possibility of 1 Duplex per lot
HVAC is 5 years old and is ready for the Heat, 220 Electrical Box.
Buyers must verify with City planning on subdividing and what structures can be developed on each lot.
Property IS Sold AS IS No Repairs by the Seller
Property Details
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Basement
- Yes
- Living Area
- 973 sqft
- Fireplace
- Yes
Exterior & Lot
- Lot Size
- 0.27 acres
- Year Built
- 1928
Location
- Subdivision
- None
- County
- Buncombe
- ZIP Code
- 28801
Financial
- Listing Terms
- Cash, Conventional
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Isaac Dickson
- Middle School
- Asheville
- High School
- Asheville
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
Heating
Heat Pump
Cooling
Ceiling Fan(s), Heat Pump
Patio & Porch Features
Covered, Front Porch
Lot Features
Cleared, Level
Location
Listing Information
- MLS #
- CAR4412352
- Listing Agent
- Robert Hoke
- Listing Office
- Blueblaze Real Estate Group LLC
- Listed Date
- Sep 4, 2026
Contact Jonathan Jackson About This Property
Interested in 24 Timothy Street? Send us a message and we'll get back to you.