119 Fairfax Avenue, Asheville, NC 28806
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: joseph ruiz
Office: mosaic community lifestyle realty
MLS#:4424774
Source:CH
119 Fairfax Avenue,Asheville, NC 28806
$265,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Single family
- Sold
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Price summary
- Price:$265,000
About this home
**Prime West Asheville Location + Income & Development Potential!**
Welcome to 119 Fairfax, ideally located just off Haywood Road in the heart of **West Asheville and just minutes from Downtown Asheville**. This classic early-1900s duplex sits on an **oversized RM-8 zoned lot**, offering a rare combination of location, rental income potential, renovation opportunity, and future development possibilities.
The existing duplex offers two potential income-producing units. The upper level features a spacious **3-bedroom, 1-bath layout ready for remodeling**, while the lower-level **1-bedroom, 1-bath unit has been recently renovated** and is move-in ready, with a recent lease at **$1,250/month**per apartment.
There are multiple ways to envision this property. **Update and renovate the existing duplex**, creating an attractive income-producing property in one of Asheville's most desirable areas—or explore the potential to **redevelop the property entirely**, taking advantage of the large lot and RM-8 zoning. Depending on applicable zoning requirements, site conditions, access, setbacks, parking, and City approvals, the property may offer potential for **additional residential development or more than one structure**.
For an investor, the existing duplex provides an opportunity to generate rental income while evaluating future options. For a developer, the **oversized RM-8 lot in such a close-in West Asheville location** presents an opportunity worth exploring.
Enjoy being just minutes from **Haywood Road, West Asheville's restaurants, breweries, shops, and entertainment, as well as Downtown Asheville**. Properties offering this combination of location, lot size, existing income potential, and development possibilities are increasingly difficult to find.
**Renovate it. Reimagine it. Redevelop it. The possibilities at 119 Fairfax are worth exploring.** Buyers should independently verify all zoning, density, development, access, parking, and building possibilities with the City of Asheville.
PROPERTY IS NOW VACANT AND NOT FURNISHED....
Contact an agent
Home facts
- Year built:1909
- Subdivision & Development:Galax Park
- Listing ID #:4424774
- Updated:October 27, 2026 at 06:48 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Concrete, Laminate, Linoleum, Vinyl
- Kitchen Description:Electric Range, Refrigerator
- Basement:Yes
Heating and cooling
- Heating:Oil
Structure and exterior
- Roof:Composition
- Year built:1909
- Lot Features:Sloped, Wooded
- Architectural Style:Bungalow
- Construction Materials:Asbestos, Vinyl
- Foundation Description:Basement
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$265,000
Features and amenities
- Laundry features:Common Area, In Basement
Parking
- Parking description:Driveway, On Street
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