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55 Congress Street, Asheville, NC 28801 ACTIVE 1 of 35 55 Congress Street, Asheville, NC 28801 — photo 2 55 Congress Street, Asheville, NC 28801 — photo 3 55 Congress Street, Asheville, NC 28801 — photo 4 55 Congress Street, Asheville, NC 28801 — photo 5
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$575,000 Est. $3,962/mo — Get pre-qualified
5beds 3baths 2,304sq ft 0.35acres

55 Congress Street · Asheville, NC 28801

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*** PRICE IMPROVEMENT ***Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal.

Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue.

Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level.

Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives.

Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning) This home does require some unfinished updates in the basement area. Schedule your showing today and explore the possibilities!"

Features & Amenities

Living Area2,304 Sq.Ft.
Bedrooms5
Baths3
HeatingBaseboard, Electric, Heat Pump
CoolingCeiling Fan(s), Ductless, Window Unit(s)
FlooringVinyl, Wood
FireplaceNo
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
LaundryIn Basement, Laundry Room
Virtual TourOpen Virtual Tour
Exterior FeaturesStorage
StyleRanch
Year Built1980
ConstructionStone, Wood
FoundationBasement
ParkingDriveway
StatusActive
Lot Size0.35 Acres
SubdivisionE Riverside Urban Renewal Area
CountyBUNCOMBE
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
UtilitiesCable Connected, Electricity Connected, Wired Internet Available
SewerPublic Sewer
Water SourceCity
HOANo
Community FeaturesRecreation Area, Sidewalks, Street Lights
ElementaryAsheville Primary Elementary School
MiddleAsheville Middle School
HighAsheville High School
Presented By: Kilgore & Associates RealEstat; sankilgore@gmail.com

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.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $625,000 → $575,000 ▾ $50,000 (8.0%)

Monthly Cost Estimate

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

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