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Property Description
Income-producing duplex with proven rental history just minutes from Biltmore Village-perfect for investors or buyers looking to offset their mortgage with proven rental income. 2418 total sqft. The separate 1BR/1BA lower apartment has historically rented for approximately $2,400/month, while the spacious 4BR/2BA upper residence has rented between $2,800-$4,500/month depending on use and lease term. Ideal house-hack opportunity: live in the main home while the lower apartment helps cover a significant portion of the mortgage, or rent both units for strong income potential. Built in 2017, this low-maintenance property offers flexible living options with two full kitchens, two sets of washer and dryers, and separate entrances. The main level features an open floor plan with hardwood floors, granite countertops, walk-in closets, and abundant natural light. All three full bathrooms include double vanities. The lower apartment provides excellent privacy for tenants, guests, or multigenerational living. Additional highlights include plenty of off-street parking, high-speed underground fiber internet, and a central location with easy highway access-approximately one mile to Biltmore Village and about three miles to downtown Asheville. A rare opportunity for investors or homeowners seeking both lifestyle and income in one of Asheville's most convenient locations.
Full Property Details
Full Property Details for 309 London Rd
General
- Price: $649,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4353923
- Updated: 3/11/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Attic Walk In
- Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Freezer, Ice Maker, Oven, Refrigerator with Ice Maker, Washer/Dryer
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Bathroom, In Hall
Parking
- Parking Features: Driveway
Location
- County: Buncombe
School Information
- Elementary School: William Estes
- Middle School: Valley Springs
- High School: T.C. Roberson
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Baseboard, Central, Ductless
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Fiber Optics
Structural Information
- Construction: Site Built
- Exterior Const.: Block, Hardboard Siding
- Basement: Yes
- Basement Desc.: Apartment
- Roof: Architectural Shingle
- Square Feet: 2,418
- Year Built: 2017
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Open Lot, Creek/Stream
- Fencing (Description): Fenced, Front Yard, Partial, Wood
Financial Considerations
- Terms: Cash, Conventional, VA Loan
- Tenant Pays: None
Disclosures and Reports
- Property ID: 964795487400000
- Lot Number: 5411-1225
Listed by CENTURY 21 Connected
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Schools
Schools serving 309 London Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
William W Estes Elementary 275 Overlook Road, Asheville, NC 28803 | PK-4 | 4.7 mi |
T C Roberson High 250 Overlook Road, Asheville, NC 28803 | 9-12 | 4.8 mi |
Valley Springs Middle 224 Long Shoals Road, Arden, NC 28704 | 7-8 | 4.9 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 309 London Rd
Date
Details
Price
Change
Source
3/11/2026
Listed
$649,000
10716.67%
MLS
3/13/2014
Sold
$6,000
—
Public Record
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 309 London Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,853
15%
$372,200
—
2023
$3,354
1%
$372,200
—
2022
$3,316
—
$372,200
—
2021
$3,316
41%
$372,200
51%
2020
$2,354
—
$245,700
2825%
2019
$2,354
—
$8,400
-97%
2018
$2,354
2806%
$245,700
2825%
2017
$81
1%
$8,400
14%
2015
$80
1%
$7,400
—
2014
$79
—
$7,400
—
2013
$79
—
$7,400
—
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 309 London Rd
309 London Road, Asheville, NC 28803 (MLS# 4353923) is a Single Family property with 5 bedrooms and 3 full bathrooms. 309 London Road is currently listed for $649,000 and was received on March 11, 2026. Want to learn more about 309 London Road? 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.

