20 Short Madison, Asheville, NC. property listing photo
20 Short Madison, Asheville, NC. property listing photo 1
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$325,000

Est. Payment: $1,670/mo

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20 Short Madison, Asheville, NC 28801

Asheville, NC 28801

2

bedrooms

1

baths

660

sq.ft.

$492

price per sf

Property TypeResidential
Year Built1934
Carnarri Cofield

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

MLS GRID

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.

Carnarri Cofield

$325,000

20 Short Madison

2 bed, 1 bath