214 Short Michigan Avenue

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Address: 214 Short Michigan Ave, Asheville, NC 28806, USA
Atlanta & Southeast + 2-4 Units
Created date: July 27, 2026
Date last updated: September 12, 2026
Price: $975,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $975,000
No. of Units: 3
Year Built: 2003
Opportunity Zone: No
Price per unit: $325,000
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 6
Address: 214 Short Michigan Avenue, Asheville, NC 28806, USA
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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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