# 41 Panola Street, Asheville, NC 28801 > **TL;DR:** 5bd/4ba residential multi family, $799,000, built 1903. > Fireplace, A/C. Est. $4,273/mo. Listed 88 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $799,000 | | Bedrooms | 5 | | Bathrooms | 4 full | | Year Built | 1903 | | Lot Size | 12,197 sqft (0.28 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 88 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,040 | | Estimated Insurance | $233 | | **Total** | **$4,273** | ## Nearby Schools - **Elementary:** Asheville City - **Middle:** Asheville - **High:** Asheville ## Key Amenities - Fireplace - A/C ## Property Highlights - Built in 1903 - 0.28 acre lot - 2 stories - Fireplace ## Description ### Agent Description Stately four-plex residence of a Dutch Colonial Revival style on over 1/4 acre. Prime, in-town location on a quiet, tree-lined street. A unique investment opportunity with all four units currently leased and consistent rental income over the years. One 2 BR/1 BA unit (Apt 2 - freshly painted 10/2026), and the others are all 1 BR/1 BA. Many charming, original details. Offering a nostalgic presence with its mostly hardwood floors throughout, and tall ceilings on the main. All can enjoy the beautiful garden areas, with hydrangeas galore. The private, open backyard is where the outdoors is easily embraced. Tenants can also choose to relax on the covered front or rear porches. The National Register of Historic Places noted 41 Panola St. as an early 20th c. vernacular shingle dwelling within the Montford Area Historic District. Information about the Historic Resources Commission and the Montford guidelines can be found on the Asheville City webpage. This classic home has an interesting past, old appeal, and much potential. Some may say it seems a little tired, yet there's plenty to love. Continue with this successful rental (likely its best use) in its present state, or new owners may choose to bring this vintage beauty back to its bygone majesty. Convenient to all things Asheville! Moments from Montford Park, UNCA, Botanical Gardens, Reed Creek Greenway, popular restaurants (such as All Day Darling and Nine Mile) and entertainment venues (like Harrah's Cherokee Center and Thomas Wolfe Auditorium). Trader Joe's, Whole Foods and more, are about 1 mile away. Consider generating extra monthly income! Cannot match this desirable Asheville neighborhood. Could this be the place and time? **Please do not walk the property unless the listing agent confirms the buyer's agent's appointment requests. Listing agent will accompany at showings. 24-hour+ notice is a must. Pre-approval or proof-of-funds needed prior to confirming showings.** ## Location - **Address:** 41 Panola Street, Asheville, NC 28801 - **County:** Buncombe - **Neighborhood:** Montford - **Coordinates:** 35.60794, -82.567371 - **Google Maps:** https://www.google.com/maps?q=35.60794,-82.567371 ## Listing Agent - **Name:** Lorraine Silverman - **Brokerage:** Town and Mountain Realty - **Broker Phone:** (828) 232-2879 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/41-Panola-St_Asheville_NC_28801_M67420-86578?f=listhub&s=CMLSNC&m=4406063&c=propsimple) ## Photos ![41 Panola Street - Photo 1](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2001289266r.jpg) ![41 Panola Street - Photo 2](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2252758763r.jpg) ![41 Panola Street - Photo 3](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f279195137r.jpg) ![41 Panola Street - Photo 4](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4021678586r.jpg) ![41 Panola Street - Photo 5](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2106023833r.jpg) ![41 Panola Street - Photo 6](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4186211383r.jpg) ![41 Panola Street - Photo 7](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f1373122019r.jpg) ![41 Panola Street - Photo 8](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3264381155r.jpg) ![41 Panola Street - Photo 9](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3264381155r.jpg) ![41 Panola Street - Photo 10](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3306031779r.jpg) ![41 Panola Street - Photo 11](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2603259516r.jpg) ![41 Panola Street - Photo 12](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3306031779r.jpg) ![41 Panola Street - Photo 13](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3333370095r.jpg) ![41 Panola Street - Photo 14](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2603259516r.jpg) ![41 Panola Street - Photo 15](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f584244560r.jpg) ![41 Panola Street - Photo 16](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3333370095r.jpg) ![41 Panola Street - Photo 17](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4050549766r.jpg) ![41 Panola Street - Photo 18](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2025527522r.jpg) ![41 Panola Street - Photo 19](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2025527522r.jpg) ![41 Panola Street - Photo 20](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3361276898r.jpg) ![41 Panola Street - Photo 21](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f216641398r.jpg) ![41 Panola Street - Photo 22](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f268417310r.jpg) ![41 Panola Street - Photo 23](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f268417310r.jpg) ![41 Panola Street - Photo 24](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4000176831r.jpg) ![41 Panola Street - Photo 25](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2372474750r.jpg) ![41 Panola Street - Photo 26](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2372474750r.jpg) ![41 Panola Street - Photo 27](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2025527522r.jpg) ![41 Panola Street - Photo 28](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4134621577r.jpg) ![41 Panola Street - Photo 29](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3762911769r.jpg) ![41 Panola Street - Photo 30](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3762911769r.jpg) ![41 Panola Street - Photo 31](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f268417310r.jpg) ![41 Panola Street - Photo 32](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3689333422r.jpg) ![41 Panola Street - Photo 33](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3689333422r.jpg) ![41 Panola Street - Photo 34](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2372474750r.jpg) ![41 Panola Street - Photo 35](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4037361826r.jpg) ![41 Panola Street - Photo 36](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f521885283r.jpg) ![41 Panola Street - Photo 37](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f521885283r.jpg) ![41 Panola Street - Photo 38](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3762911769r.jpg) ![41 Panola Street - Photo 39](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f846714668r.jpg) ![41 Panola Street - Photo 40](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f593331771r.jpg) ![41 Panola Street - Photo 41](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f593331771r.jpg) ![41 Panola Street - Photo 42](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f4046851762r.jpg) ![41 Panola Street - Photo 43](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f3021860396r.jpg) ![41 Panola Street - Photo 44](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2685539346r.jpg) ![41 Panola Street - Photo 45](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f2685539346r.jpg) ![41 Panola Street - Photo 46](http://lh.rdcpix.com/dcbf33db4aa23ba964a074ba22375913l-f808939103r.jpg) --- **MLS#:** 4406063 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/41-panola-street-asheville-nc-28801-4f6efea419884dbcb1ccd49ecc5fb3da) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/41-panola-street-asheville-nc-28801-4f6efea419884dbcb1ccd49ecc5fb3da#listing", "url": "https://www.propertysimple.ai/listing/41-panola-street-asheville-nc-28801-4f6efea419884dbcb1ccd49ecc5fb3da", "name": "41 Panola Street, Asheville, NC 28801", "description": "Stately four-plex residence of a Dutch Colonial Revival style on over 1/4 acre. Prime, in-town location on a quiet, tree-lined street. A unique investment opportunity with all four units currently leased and consistent rental income over the years. 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