295 E Chestnut Street, Asheville, NC 28801 - Photo 1

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$1,095,000 Just Listed

For Sale
Active
Single Family
3,875 Sq. Ft.
Updated 3 days ago

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Property Description

Rare opportunity to acquire a fully occupied, extensively renovated 6-unit multifamily property in desirable North Asheville. Located on a quiet, tree-lined residential street, 295 E. Chestnut Street is approximately one mile from downtown Asheville and within easy walking distance of restaurants, retail and neighborhood amenities. Trader Joe's, Harris Teeter and Whole Foods are all within approximately ½ mile. The property features four 1-bedroom and two studio apartments, ample on-site parking, individual electric meters and substantial kitchen and bathroom updates. Convenient access to Charlotte Street and I-240 further enhances the location. A compelling opportunity for investors seeking an established, income-producing Asheville multifamily asset.

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Full Property Details

Full Property Details for 295 E Chestnut St

General

Price: $1,095,000
Status: Active
Type: Single Family
Source: Charlotte_Regional_Realtor_Association
MLS ID: 4427544
Updated: 9/22/2026
Added to Site: 4 day(s) ago

Interior

Interior Features: Attic Finished
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater

Rooms

Other Rooms

Laundry: Inside, None

Parking

Parking Features: Parking Lot

Location

County: Buncombe

School Information

Elementary School: Asheville City
Middle School: Asheville
High School: Asheville

Community

Pets Allowed: Yes
Pets: Yes

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Baseboard, Electric

Utilities

Sewer: Public Sewer
Water: City

Structural Information

Construction: Site Built
Exterior Const.: Fiber Cement, Wood
Basement: Yes
Basement Desc.: Apartment, Daylight, Exterior Entry
Square Feet: 3,875
Year Built: 1925

Lot Features

Street/Road Desc.: Concrete, Gravel, Paved
Rcmdd Zoning: RM16

Financial Considerations

Tenant Pays: Cable TV, Electricity, Internet

Disclosures and Reports

Property ID: 964963505500000
Lot Number: 5578/223

Listed by G/M Property Group

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— 295 E Chestnut St —

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Schools

Schools serving 295 E Chestnut St

School District:Asheville City Schools

Name	Grades	Distance
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801	K-5	0.6 mi
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801	K-5	0.7 mi
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804	K-5	1.9 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	2.1 mi
Asheville High 419 McDowell Street, Asheville, NC 28803	9-12	2.1 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	3.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 295 E Chestnut St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/22/2026

Listed

$1,095,000

109.97%

MLS

8/07/2017

Sold

$521,500

—

Public Record

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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 295 E Chestnut St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,888

$536,000

—

2024

$5,537

$536,000

—

2023

$5,399

$536,000

—

2022

$5,345

—

$536,000

—

2021

$5,345

18%

$536,000

27%

2020

$4,542

—

$421,400

—

2019

$4,542

—

$421,400

—

2018

$4,542

-1%

$421,400

—

2017

$4,584

-2%

$421,400

11%

2016

$4,655

—

$378,800

—

2015

$4,655

$378,800

—

2014

$4,599

—

$378,800

—

2013

$4,599

—

$378,800

—

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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

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295 E Chestnut Street, Asheville, NC 28801 (MLS# 4427544) is a Single Family property with 0 bedrooms and 0 full bathrooms. 295 E Chestnut Street is currently listed for $1,095,000 and was received on September 22, 2026. Want to learn more about 295 E Chestnut Street? 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.

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295 E Chestnut St Asheville, NC 28801