Asheville · Asheville, NC
141 Louisiana Avenue
Asheville, NC · 680 sqft
$300,000
Reduced from $365,000
- 1Beds
- 1Baths
- 680SqFt
- 1923Year
- 65Days on market
About this home
Great investment opportunity in the heart of Asheville with multiple income possibilities. This property offers separate entrances for two units and is ideal for investors or buyers looking to finish a renovation and add value. The upper level features a move-in-ready 1-bedroom, 1-bath unit with rustic charm and a private back patio. The main level has been framed and is ready to be completed as a 2-bedroom, 2-bath unit, providing an excellent opportunity to finish the space to your specifications.
The property also includes a spacious unfinished basement of approximately 1,000 square feet with a private entrance and laundry area, offering additional potential for future expansion, storage, workshop space, or possible conversion to another unit.
Conveniently located just minutes from the shops, restaurants, and breweries of West Asheville and a short drive to the Blue Ridge Parkway, this property offers strong rental potential and endless possibilities in one of Asheville’s most desirable locations.
Property is an active construction/renovation project and is not safe for unrestricted access. Portions of the structure are incomplete and may contain open structural elements. Enter at your own risk and exercise caution during showings.
Property details
- Beds
- 1
- Baths
- 1
- SqFt
- 680
- Lot
- —
- Year built
- 1923
- Type
- Single Family
- Days on market
- 65
- Heating
- Electric
- Cooling
- Ceiling Fan(s), Wall Unit(s)
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,207/ month
- Principal & interest
- $1,857
- Property tax (~1.05%)
- $262
- Homeowners insurance
- $87
- HOA dues
- —
Down payment
$15,000 down · $285,000 financed
Income to qualify (28% rule)
~$94,628 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.