$10,000 Closing Credit¹
Listing Office: Allen Tate/Beverly-Hanks Asheville-North
$10,000
closing credit¹
181 Merrimon Ave Asheville, NC 28801
$1,095,000 List price
$10,000
Closing credit¹
4 full
3,212 sqft
$341 / sqft
Condo
Property details
About 181 Merrimon Ave
INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.
Highlights
Home typeCondominium
HeatingHot Water, Natural Gas
StatusActive
Size3,212 sqft
BasementYes
Year built1907
ParkingDriveway, Parking Space(s)
MLS #4197890
ViewCity
Summary
- MLS Number: 4197890
- Office Name: Appalachian Realty Associates
- Office Email: gray@appalachianrealty.com
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$1,095,000
181 Merrimon Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $741,300 | $7,658 |
| 2023 | $741,300 | $7,466 |
| 2022 | $741,300 | $7,389 |
| 2021 | $741,300 | $7,392 |
| 2020 | $685,500 | $7,389 |
| 2019 | $685,500 | $7,389 |
| 2017 | $685,500 | $7,457 |
History based on county public records data.
Nearby schools
5
Claxton Elementary School
Public Magnet KG-5
0.2 mi
•241 Merrimon Ave
3
Isaac Dickson Elementary School
Public Magnet PK-5
1.0 mi
•125 Hill St
6
Ira B Jones Elementary School
Public Magnet PK-5
1.7 mi
•544 Kimberly Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,250. Residents of Asheville, NC typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
30%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
7%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
42%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
Yoga/pilates
Where do the neighbors shop?
Forever 21
Express/Express For Men
H&M
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Bob Evans
What do the neighbors drive?
Mazda
Volkswagen
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 181 Merrimon Ave
This home is located at 181 Merrimon Ave in Asheville, NC and zip code 28801 in the Claxton neighborhood. This 3,212 square foot home was built in 1907. Features: 4 bathrooms. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $1,095,000.
Asheville, NC housing market in December 2024 saw over 13 listings sold above listed price, more than 22 sold at listed price and over 86 sold below. Between November and December 2024, Asheville, NC real estate market has seen increase in the number of listings by 4.8%. While the average time on the market in December 2024 was 62 days, the median list price was $490,006.
From Rocket Homes Real Estate and based on county public records data.