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About This Home
This 0-bedroom, 0-bathroom single family at 42 Furman Avenue in Asheville, NC is listed for $5,500,000. Built in 1928, on a 0.31 acres lot.
42 Furman Avenue represents one of the most compelling short-term rental investment opportunities in downtown Asheville-a fully licensed, purpose-built 16-unit STR asset in a market where new permits are no longer issued. Spanning approximately 8,395 square feet across three stories plus a walkout basement, the building was completely renovated to
the studs and redesigned specifically for short-term rental use, delivering modern interiors, efficient layouts, and strong visual appeal for today's guest expectations. The unit mix includes twelve one-bedroom units and four studios, all configured to maximize occupancy and revenue potential.
Located less than a mile from Asheville's core attractions-including its nationally recognized dining scene, River Arts District, and cultural amenities-the property benefits from consistent year-round demand. With dedicated parking, an active and compliant STR license, and a structure that cannot be replicated under current regulations, this asset
offers a rare combination of scale, location, and operational upside for an investor seeking to establish or expand a presence in one of the Southeast's most resilient short-term rental markets.
Key Features
- Built in 1928
- 0.31 acre lot
Property Details
Amenities
Monthly Cost Estimate
$29,415/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
42 Furman Avenue
Asheville, NC 28801
Property Details
Views
Parking
Questions & Answers
This 0-bedroom, 0-bathroom single family at 42 Furman Avenue is listed at $5,500,000. The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.31 acre lot.
This property is listed by Tyler Coon and can be reached at 8286202541 or tyler@savvy.realty.
