$845,000

40 Coleman Ave Asheville, NC 28801

$10,000
Closing credit¹
1 bed
4 full
2,498 sqft
$338 / sqft
Multi-Family

Property details

About 40 Coleman Ave

EXCELLENT OPPORTUNITY in N AVL! Welcome to 40 Coleman Avenue, a PRIME four-unit brick building located in a highly sought-after North Asheville, just a stone's throw away from UNCA, Weaver Park, Grove Park Inn, and Beaver Lake. As you approach the property, you'll notice its excellent curb appeal, with a prominent presence on the block. The center staircase provides convenient interior access to the basement, offering ample storage space, as well as rear access for each unit. With its prime location, the potential for long-term appreciation and rental income is unparalleled. Don't miss your chance to hit a home run with this exceptional property! Financial details are available to qualified buyers only, so don't hesitate to schedule a showing.

Highlights

Home typeQuadruplex
HeatingNatural Gas, Wall Furnace
StatusActive
CoolingOther, None
Size2,498 sqft
BasementYes
Year built1927
ParkingDriveway, On Street, Parking Space(s)
MLS #4209787

Summary

  • MLS Number: 4209787
  • Office Name: EXP Realty LLC
  • Office Email: jonathan.franzen@exprealty.com

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view of front facade

$845,000

40 Coleman Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 14, 2010
Home Sold
$260,000

Tax history

YearAssessmentProperty Tax
2024$411,000$4,246
2023$411,000$4,139
2022$411,000$4,098
2021$411,000$4,098
2020$372,700$4,017
2019$372,700$4,017
2017$372,700$4,054

History based on county public records data.

Nearby schools

4

Claxton Elementary School

Public Magnet KG-5

0.3 mi

241 Merrimon Ave

5

Ira B Jones Elementary School

Public Magnet PK-5

1.2 mi

544 Kimberly Ave

3

Isaac Dickson Elementary School

Public Magnet PK-5

1.4 mi

125 Hill St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,125. Residents of Asheville, NC typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
42%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
9%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Asheville, NC

About 40 Coleman Ave

This home is located at 40 Coleman Ave in Asheville, NC and zip code 28801. This 2,498 square foot home was built in 1927. Features: 1 bedroom, 4 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $845,000.

In February 2025 more than 12 listings in Asheville, NC were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 71 were sold below. The number of listings in Asheville, NC increased by 9% between January and February 2025. While the average time on the market in February 2025 was 66 days, the median list price was $500,000.

From Rocket Homes Real Estate and based on county public records data.

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