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24 Timothy Street, Asheville, NC 28801 CONTINGENT 1 of 39 24 Timothy Street, Asheville, NC 28801 — photo 2 24 Timothy Street, Asheville, NC 28801 — photo 3 24 Timothy Street, Asheville, NC 28801 — photo 4 24 Timothy Street, Asheville, NC 28801 — photo 5
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Contingent
$279,900 Est. $1,929/mo — Get pre-qualified
2beds 1baths 973sq ft 0.27acres

24 Timothy Street · Asheville, NC 28801

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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

Features & Amenities

Living Area973 Sq.Ft.
Bedrooms2
Baths1
HeatingHeat Pump
CoolingCeiling Fan(s), Heat Pump
FireplaceYes
AppliancesDryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
LaundryMain Level
Year Built1928
ConstructionWood
FoundationBasement
ParkingDriveway, On Street
StatusContingent
Lot Size0.27 Acres
Lot FeaturesCleared, Level
CountyBUNCOMBE
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryIsaac Dickson Elementary School
MiddleAsheville Middle School
HighAsheville High School
Presented By: Blueblaze Real Estate Group LLC; info@blueblazerealty.co

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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