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$325,000 Just Listed
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Property Description
Downtown Asheville Investor's Dream. High-Yield Potential & Walkability! Discover a premier value-add opportunity in the heart of Asheville's most desirable 28801 zip code. This 1934 bungalow offers a rare chance to secure a property within walking distance of the city's top-tier breweries, dining, and cultural landmarks. This 2-bedroom, 1-bathroom home is a true "blank canvas" for the savvy investor. Its compact footprint (660 sq. ft.) and level lot make it an efficient project for a modern renovation designed to capture premium downtown rents or a high-demand resale. Positioned in a market that is currently rebalancing with a steady demand for walkable, urban living, this property is primed for a quick turnaround and strong equity growth.
Full Property Details
Full Property Details for 20 Short Madison Ave
General
- Price: $325,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4352590
- Updated: Today (3/3/2026)
- Added to Site: Today
Interior
- Appliances: Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Utility Room, Main Level, Washer Hookup
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: From I-240 W: Take Exit 5B for Charlotte St. Google Maps Route Turn Right onto Charlotte St: Move north for 0.4 miles. Turn Left onto E Chestnut St: Drive west for 0.2 miles. Turn Right onto Madison Ave: Proceed north. Turn Right onto Short Madison Ave: The property is located at 20 Short Madison Ave.
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Composition
- Main/1st Level: 660 Sq. Ft.
- Year Built: 1934
Lot Features
- Street/Road Desc.: Gravel, Paved
- Rcmdd Zoning: RM16
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 9649-53-5910-00000
- Lot Number: 1735-193
Listed by RE/MAX Executive
Get Pre-Approved Today
Schools
Schools serving 20 Short Madison Ave
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.3 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.5 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 1.7 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 1.4 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.2 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.2 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 2.5 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Short Madison Ave
Date
Details
Price
Change
Source
3/03/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 Short Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,260
6%
$114,700
—
2024
$1,185
3%
$114,700
—
2023
$1,155
1%
$114,700
—
2022
$1,144
—
$114,700
—
2021
$1,144
-2%
$114,700
6%
2020
$1,167
—
$108,300
—
2019
$1,167
—
$108,300
—
2018
$1,167
-1%
$108,300
—
2017
$1,178
-2%
$108,300
10%
2015
$1,207
1%
$98,200
—
2014
$1,192
—
$98,200
—
2013
$1,192
—
$98,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 Short Madison Ave
20 Short Madison Avenue, Asheville, NC 28801 (MLS# 4352590) is a Single Family property with 2 bedrooms and 1 full bathroom. 20 Short Madison Avenue is currently listed for $325,000 and was received on March 03, 2026. Want to learn more about 20 Short Madison Avenue? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

