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New
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$570,000

For Sale

15 hours ago

37 Water St, Asheville, NC

House

MLS® 4416437

4 Bed

4 Bath

2244 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2244 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.103 Acres
Approx. Age 1925
Avg. Price Per Sqft $254
MLS® Number 4416437

Property Address: 37 Water St, Asheville, NC, 28801-4766

Average square foot calculated using Size range provided by listing agent.

Description

Investment opportunity just minutes from downtown Asheville! This established four-unit property features four approximately 500-square-foot, one-bedroom/one-bath apartments, including one fully remodeled and currently vacant unit ready for a new tenant or owner occupant. The remaining three units are currently rented, providing immediate income for the next owner. The building also offers shared interior stair access and a common basement/laundry area available to tenants. Conveniently located close to downtown, the River Arts District, shopping, dining, and Asheville amenities. This is an older Asheville property with character and a proven rental history—not new construction—and there remains opportunity for additional TLC and improvements over time. The combination of existing rental income, a freshly renovated vacant unit, and a close-in location makes 37 Water Street an appealing opportunity for an investor looking to add value while maintaining an income-producing property.
MLS® Number4416437
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementDirt Floor
DrivewayParking Space(s)
Garage Spaces
HeatBaseboard
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 25, 2026List Date
$570,000List Price
  • Commute

Commute

Starting Address
Destination Address
37 Water St, Asheville, NC

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