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$625,000
5 bd 3 ba 2,304 sqft
55 Congress Street
Asheville, NC 28801
Property Type
Residential
Year Built
1980
Lot Size
0.35 acres
Garage

About This Property

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 is being sold strictly As-Is and requires unfinished repairs and updates. Schedule your showing today and explore the possibilities!"

Property Details

Interior

Bedrooms
5
Bathrooms
3
Basement
Yes
Living Area
2,304 sqft

Exterior & Lot

Lot Size
0.35 acres
Year Built
1980

Location

Subdivision
E Riverside Urban Renewal Area
County
Buncombe
ZIP Code
28801

Financial

Listing Terms
Cash, Conventional, FHA

Utilities

Utilities
Cable Connected, Electricity Connected, Wired Internet Available
Sewer
Public Sewer

Schools

Elementary
Asheville Primary
Middle School
Asheville
High School
Asheville

Appliances

Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer

Heating

Baseboard, Electric, Heat Pump

Cooling

Ceiling Fan(s), Ductless, Window Unit(s)

Patio & Porch Features

Covered, Deck, Front Porch

Location

Listing Information

MLS #
CAR4423785
Listing Agent
Sandra Kilgore
Listing Office
Kilgore & Associates RealEstat
Listed Date
Sep 13, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

Contact Jonathan Jackson About This Property

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