

$325,000
Est. Payment: $1,670/mo
Adjust down payment, rate & terms
20 Short Madison, Asheville, NC 28801
Asheville, NC 28801
2
bedrooms
1
baths
660
sq.ft.
$492
price per sf

Presented By
Carnarri Cofield
REALTOR®
About This Property
Downtown Asheville Investor’s Dream. High-Yield Potential & Walkability! Discover a premier value-add opportunity in the heart of Asheville’s most desirable 28801 zip code. This 1934 bungalow offers a rare chance to secure a property within walking distance of the city's top-tier breweries, dining, and cultural landmarks. This 2-bedroom, 1-bathroom home is a true "blank canvas" for the savvy investor. Its compact footprint (660 sq. ft.) and level lot make it an efficient project for a modern renovation designed to capture premium downtown rents or a high-demand resale. Positioned in a market that is currently rebalancing with a steady demand for walkable, urban living, this property is primed for a quick turnaround and strong equity growth.
About the Neighborhood
Homes for sale in 28801 place buyers at the heart of Asheville's most celebrated and architecturally significant urban core, encompassing Downtown Asheville, the River Arts District, and the historic Montford neighborhood, one of the most intact collections of Victorian and Arts and Crafts architecture in the American Southeast. The residential landscape in Montford features exquisite Queen Anne, Colonial Revival, and Craftsman homes on tree-shaded streets within walking distance of Asheville's legendary Lexington Avenue arts corridor, the Grove Arcade, and a nationally recognized independent restaurant scene. The River Arts District along the French Broad River has transformed former industrial studios into one of the Southeast's most vibrant working artist communities, with dozens of galleries and creative businesses anchoring the zip code's southwestern edge. Mission Health's main hospital campus and a dense concentration of creative economy employers make 28801 a genuine live-work destination. The 28801 real estate market commands some of the highest valuations in Western North Carolina, driven by irreplaceable architectural inventory, walkability, and Asheville's sustained status as one of America's most visited mountain cities.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 1
- Half Baths: 0
- Year Built: 1934
- Living Area: 660 sqft
- New Construction: No
- MLS #: 4352590
Additional Home Features
- Subdivision: None
- Neighborhood: None
Association
- HOA Required: No
Interior Features
- Heating: Heat Pump
- Cooling: Heat Pump
- Electric Dryer Hookup
- Utility Room
- Main Level
- Washer Hookup
Appliances
- Electric Range
- Microwave
- Refrigerator
Construction Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Composition
Cooling
- Heat Pump
Foundation Details
- Crawl Space
Heating
- Heat Pump
Laundry Features
- Electric Dryer Hookup
- Utility Room
- Main Level
- Washer Hookup
Levels
- One
Parking Features
- Driveway
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Architectural Style
- Traditional
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: RE/MAX EXECUTIVE
tina.white@remax.net
$325,000
Est. Payment: $1,670/mo
Adjust down payment, rate & terms
Asheville, NC 28801
2
bedrooms
1
baths
660
sq.ft.
$492
price per sf

Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX Executive
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$325,000
20 Short Madison
2 bed, 1 bath
