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$329,000 Just Listed
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Property Description
Asheville's most desirable and rapidly growing areas. Whether you're looking to expand your real estate portfolio, purchase your first investment, or secure a home with long-term appreciation potential, this property offers an outstanding opportunity. Ideally located just minutes from downtown Asheville, River Arts District, breweries, restaurants, shopping, and major employers, this home combines convenience with strong rental appeal. The property has a proven history of generating income and offers excellent potential for continued cash flow or future value appreciation. The functional floor plan, low-maintenance lot, and prime location make this an attractive option for both long-term tenants and owner-occupants seeking an affordable Asheville home. Investors will appreciate the opportunity to capitalize on Asheville's continued demand for quality housing in a sought-after neighborhood. Whether you're searching for a rental property, investment home, cash-flow opportunity, or a property with room for future equity growth, 40 Mulberry Street checks all the boxes. Rare opportunities like this in Asheville don't last long.
Full Property Details
Full Property Details for 40 Mulberry St
General
- Price: $329,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4405091
- Updated: 7/19/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: In Kitchen
Parking
- Parking Features: Driveway
Location
- County: Buncombe
- Driving Directions: From Asheville take 19/23 North to Exit 24: Elk Mountain Road. Right at end of ramp. Right onto Rosecrest Street. Right onto Mulberry. House 40 is located on your left.
School Information
- Elementary School: Woodfin/Eblen
- Middle School: Clyde A Erwin
- High School: Clyde A Erwin
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Vinyl
- Roof: Metal
- Main/1st Level: 879 Sq. Ft.
- Year Built: 1955
Lot Features
- Street/Road Desc.: Gravel
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 9730-72-1219-00000
- Plat: 0001/0009
- Lot Number: 4723-1703
Listed by Ivester Jackson Blackstream
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Schools
Schools serving 40 Mulberry St
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Woodfin Elementary 108 Elk Mountain Road, Asheville, NC 28804 | K-4 | 0.6 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 2.8 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 2.6 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 40 Mulberry St
Date
Details
Price
Change
Source
7/19/2026
Listed
$329,000
—
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 40 Mulberry St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,437
12%
$136,900
—
2023
$1,279
1%
$136,900
—
2022
$1,265
—
$136,900
—
2021
$1,265
7%
$136,900
11%
2020
$1,179
—
$122,900
—
2019
$1,179
6%
$122,900
—
2018
$1,117
-1%
$122,900
—
2017
$1,129
24%
$122,900
36%
2015
$912
—
$90,400
—
2014
$912
—
$90,400
—
2013
$912
—
$90,400
—
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 40 Mulberry St
40 Mulberry Street, Asheville, NC 28804 (MLS# 4405091) is a Single Family property with 2 bedrooms and 1 full bathroom. 40 Mulberry Street is currently listed for $329,000 and was received on July 19, 2026. Want to learn more about 40 Mulberry 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.

