49 Madison Avenue, Asheville, NC 28801

Asheville
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: robert hoke
Office: blueblaze real estate group llc.
MLS#:4394135
Source:CH
49 Madison Avenue,Asheville, NC 28801
$319,900
  • 3 Beds
  • 1 Baths
  • 1,445 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$319,900
  • Price per sq. ft.:$221.38

About this home

Investment Opportunity: Prime Development Potential in the Heart of Asheville. Renovate and FLIP!! Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, Trader Joe’s, the iconic Grove Park Inn, and the vibrant local scene at Weaver Park. This is more than just a home it is a rare opportunity to capitalize on flexible RM8 zoning that offers exceptional versatility for residential expansion or full-scale redevelopment. Why Investors Will Love This Opportunity or your Renovation Team. The Value is there!! With great potential to Build More homes!! Maximum Density: Thanks to its RM8 zoning district, this property allows for up to four units. Flexible Development: Beyond a standard ADU, the land permits the construction of a second house with unrestricted size, or the opportunity to redevelop the entire site into a 4-plex. Convenient Infrastructure: Featuring alley access, the site is perfectly situated to support a design...

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Home facts

  • Year built:1915
  • Subdivision & Development:Hillside Park
  • Listing ID #:4394135
  • Updated:August 13, 2026 at 01:22 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Living area:1,445 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1915
  • Building area:1,445 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Hardboard
  • Foundation Description:Basement

Schools

  • High school:Asheville
  • Elementary school:Claxton

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$319,900
  • Price per sq. ft.:$221.38

Parking

  • Parking description:On Street
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