24 Timothy Street Asheville, NC 28801
Listed By: Blueblaze Real Estate Group LLC - Contact:  rhoke317@gmail.com

  24 Timothy Street Asheville, NC 28801

Active (5 Days)
$279,900 (USD)
2
BED
1
BATH
973
SQFT

Description

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

MLS #:
4412352
Lot Size
0.27 acres
Type
Single-Family Home
Year Built
1928
County
Buncombe County

Listed By

Robert Hoke, Blueblaze Real Estate Group LLC, Contact: rhoke317@gmail.com
Source
CANOPY MLS - IDX
Last checked Sep 9 2026 at 6:13 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Subdivision
  • None
Lot Information
  • Cleared
  • Level
Property Features
  • Foundation: Basement
Heating and Cooling
  • Heat Pump
  • Ceiling Fan(s)
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Isaac Dickson
  • Middle School: Asheville
  • High School: Asheville
Parking
  • Driveway
  • On Street
Living Area
  • 973 sqft
Additional Information: Blueblaze Real Estate Group LLC | rhoke317@gmail.com
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 9/9/2026 06:13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.