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24 Timothy Street, Asheville, NC 28801

$279,900
  • 24 Timothy Street, Asheville, NC 28801 Main Photo

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New to the Market Active
BEDS2 BATHS1 full SQUARE FEET973 MLS#4412352
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Prime Development Potential in the Heart of Asheville, to help the housing shortage. Renovate, RENT OR FLIP!! Renovate and Build your Family Compound. Current regulations allow 2 units for the first 4000 SF and 1 additional unit for each extra 1000 SF of lot area. So, each lot could be 5,000+ square feet = total of 3 units. Just in time to celebrate the Significant WIN for Housing in the City of Asheville, that will allow duplexes in all residential zoning districts, Increase the size of ADU's.Unlock the immense value of this strategically located property, situated just minutes from downtown Asheville, his 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 The Value is there!! With great potential to Build More homes!!Maximum Density: Possibility of 1 Duplex per lot HVAC is 5 years old and is ready for the Heat, 220 Electrical Box. Buyers must verify with City planning on subdividing and what structures can be developed on each lot. Property IS Sold AS IS No Repairs by the Seller

24 Timothy Street | MLS# 4412352

This single family home located at 24 Timothy Street, Asheville, NC 28801 is currently listed for sale with an asking price of $279,900. This property was built in 1928 and has 2 bedrooms and 1 full baths with 973 sq. ft. Search Asheville real estate on deannag.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Heating: Heat Pump
Lot Size: 0.27 Acres
Year Built: 1928

Feature Descriptions

Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
Days on Site: 6
Exterior: Wood
Foundation: Basement
Laundry: Main Level
Lot: Cleared, Level
Other Structures: Shed(s)
Parcel#: 9648-17-5933-00000
Parking: Driveway, On Street
Patio/Porch: Covered, Front Porch
Sewer: Public Sewer
Water: City

Local Schools

High School: Asheville
Middle School: Asheville
Elementary School: Isaac Dickson

Listed By / Shown By

Listed By

Agency Name: Blueblaze Real Estate Group LLC
Agency Contact: rhoke317@gmail.com

Shown By

Agent Name: Deanna Galloway
Agent Phone: (704) 483-1518
Agency Title: Lake Norman Realty

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Estimated Payment

$ 1,571.38 per month $1,489.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.64 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:28:16 AM EST) or Canopy MLS (last updated Thu 09/10/2026 12:17:37 AM EST) or Triad MLS (last updated Wed 09/09/2026 11:40:16 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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