181 Merrimon Ave, Asheville, NC 28801

    $998,000

    Not Currently Listed

    1 beds
    4 baths
    3,212 sq ft
    Built in 1907

    Purchase price

    Down payment

    Estimated rent

    About this property

    INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private...

    Property type

    Apartment

    Price per square foot

    $341

    Lot size

    18,295 sq ft

    HOA fees

    -

    Neighborhood score

    3.5 / 5

    School score

    5.3 / 10

    Crime score

    5 / 10

    Zillow listing
    Google maps

    Be ready to buy

    LendingOne logo

    DSCR best rate guarantee1

    Flexible financing, easy apply

    Explore loan options
    Steadily logo

    Better landlord insurance

    Neighborhood

    4 / 10

    Claxton Elementary

    7 / 10

    Asheville Middle

    5 / 10

    Asheville High

    Provided by

    Rent comps

    Comparable rent properties
    Address
    Status
    Listed rent
    Listed rent / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built

    Sale comps

    Comparable sale properties
    Address
    Status
    Price
    Price / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    🚀 POWERED BY
    Roofstock Logo

    1 Rate Guarantee. LendingOne will match the interest rate of a competing national private DSCR loan, provided (i) the competing loan has substantially similar origination fees and qualifying credit criteria within reasonable industry standards, such as credit score, LTV, experience, property value and other related metrics, and (ii) they are presented with a formal, written quote, or term sheet document (i.e., not an email) from a national private lender dated within ten (10) business days of submission to LendingOne. The competing rate will be adjusted based on where the 5-Year Treasury Rate was at the time of issuance to the rate on the date of submission to LendingOne and for any rate buydowns.

    DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Stessa strives to maintain accurate and up to date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including its availability and any leasing conditions, with the listing agent or property owner before making any decisions. Stessa is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Stessa nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved. Certain real estate content on our website is provided courtesy of the Multiple Listing Service (MLS), as indicated by the “Source” on each listing.

    Terms of servicePrivacy policyResponsible disclosure policyOpen-source software license informationDo not sell my personal information

    (c) 2026 Stessa, Inc. All rights reserved.