42 Furman AVE, Asheville, NC 28801
42 Furman AVE, Asheville, NC 28801,Video Tour
42 Furman AVE, Asheville, NC 28801
42 Furman AVE, Asheville, NC 28801
42 Furman AVE, Asheville, NC 28801
42 Furman AVE, Asheville, NC 28801
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Timothy Mapp

Timothy Mapp

+1(980) 330-2008
$ 5,500,000
Est. payment | /mo

0.31 Acres Lot

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$ 5,500,000
Est. payment | /mo
Save Virtual Tour

0.31 Acres Lot

Key Details

Property Type Commercial

Sub Type Bed/Breakfast

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4359264

Construction Status Completed

Year Built 1928

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Bed/Breakfast

Property Description

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.

Location

State NC

County Buncombe

Zoning OFFICE

Rooms

Basement Finished, Full

Interior

Inclusions Building, Business, Licenses, Other

Exterior

View City

Street Surface Paved

Building

Dwelling Type Site Built

New Construction false

Construction Status Completed

Others

Senior Community false

Restrictions Short Term Rental Allowed,Use

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Tyler Coon • EXP Realty LLC • tyler@savvy.realty
Timothy Mapp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(980) 330-2008

timmapp1987@gmail.com

5960 Fairview Rd, Charlotte, NC, 28210, USA

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42 Furman AVE