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214 Short Michigan Avenue, Asheville, NC 28806 ACTIVE 1 of 40 214 Short Michigan Avenue, Asheville, NC 28806 — photo 2 214 Short Michigan Avenue, Asheville, NC 28806 — photo 3 214 Short Michigan Avenue, Asheville, NC 28806 — photo 4 214 Short Michigan Avenue, Asheville, NC 28806 — photo 5
1 of 40
Active
$975,000 Est. $6,718/mo — Get pre-qualified
8beds 5.5baths 3,124sq ft 0.42acres

214 Short Michigan Avenue · Asheville, NC 28806

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Asheville Investment Portfolio Opportunity – Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets.
Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential.
properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.

Features & Amenities

Living Area3,124 Sq.Ft.
Bedrooms8
Baths5.5
HeatingCentral, Forced Air, Heat Pump
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
FireplaceNo
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer
LaundryIn Unit
Year Built2003
ConstructionOther - See Remarks
FoundationCrawl Space
ParkingDriveway
StatusActive
Lot Size0.42 Acres
SubdivisionSky Harbor
CountyBUNCOMBE
Property TypeResidential Income
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryUnspecified Elementary School
MiddleAsheville Middle School
HighAsheville High School
Presented By: Ivester Jackson Blackstream; jhunter@ijbproperties.com

Location

Property boundary from county GIS

Neighborhood Snapshot

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

Walk Score®
35
Car-Dependent
Bike Score®
41
Somewhat Bikeable
Transit Score®
31
Some Transit

Walk Score®, Bike Score® and Transit Score® provided by Walk Score.

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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