**Investment Opportunity in West Asheville, North Carolina!** Introducing Deaverview, Huffman & Buffalo Rentals, a lucrative property featuring 15 rental units spanning across 1.17 acres in the heart of the vibrant West Asheville community. Boasting 7 duplexes built between 2012-2013 and a charming brick single-family home constructed in 1961, these well-maintained rentals are an excellent investment option. Situated in a prime location with access to public amenities and transportation routes, including Asheville Transit, these units are all currently leased, ensuring immediate returns for the new owner. The property's zoning under RM8 allows for versatile usage, making it an attractive prospect for investors looking to expand their portfolio in Buncombe County. Don't miss out on this incredible opportunity to own 15 units in the West Asheville market Contact us today to learn more about this turnkey investment in one of North Carolina's most sought-after areas.
Property Details
Property Features
Property Information:
Year Built: 2012
Stories: 2
Living Area: 12,392 SqFt
Listing Office:
Office Name: Covestar Investment Realty
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Basement: No
Flooring Type: Carpet, Laminate, Linoleum
Exterior Features
Parking Information:
Parking: Parking Space(s)
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
School Info
Assigned Schools Information:
School of Inquiry and Life Sciences, Public District Grades 9-12
Asheville High School, Public District Grades 9-12
Asheville Middle School, Public District Grades 6-8
Hall Fletcher Elementary School, Public Magnet Grades KG-5
Vance Elementary School, Public Magnet Grades KG-5
Isaac Dickson Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Addresses are GPS active. Traveling on West on Patton Avenue, passing Haywood Road on the left, continue 0.2 miles and prepare to turn right onto Deaverview Road. Continue 1.2 miles, duplex and SFR (302) is on the left. To Huffman Property: Leaving 302 Deaverview (going back toward Patton Avenue) at traffic light, turn right on N. Bear Creek Road, right onto Huffman. Duplex (37,39,41) will be on the right. Buffalo Street: Exiting from Deaverview Road, turn left onto Patton Avenue (be careful) 0.2 miles turn right onto Haywood Road (well known corridor in West Asheville) travel 1.4 miles and turn left on Burton Street travel 0.3 miles and continue onto Buffalo Street. Duplex (28, 36, 40) are on left. PLEASE DO NOT DISTURB TENANTS. Thank you.
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
Price Per SqFt: $242/SqFt
Tax Information:
Annual Amount: $2,314
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Asheville, NC.
This property is $2.5M more than the Median Sold Price and $66/SqFt less than other homes in Asheville, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4019546
Listing Office:
Office Name: Covestar Investment Realty
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Hall Fletcher Elementary School
60 Ridgelawn Rd
Distance between this listing and this school0.88 miles
Public Magnet Grades KG-5
5
/10
Vance Elementary School
98 Sulphur Springs Rd
Distance between this listing and this school1.06 miles
Public Magnet Grades KG-5
4
/10
Isaac Dickson Elementary School
125 Hill St
Distance between this listing and this school1.33 miles
Public Magnet Grades KG-5
Middle School
3
/10
Asheville Middle School
197 S French Broad Ave
Distance between this listing and this school1.32 miles
Public District Grades 6-8
High School
7
/10
School of Inquiry and Life Sciences
419 Mcdowell St
Distance between this listing and this school1.91 miles
Public District Grades 9-12
6
/10
Asheville High School
419 Mcdowell St
Distance between this listing and this school1.91 miles
Public District Grades 9-12
Assigned Schools
3
/10
Hall Fletcher Elementary School
60 Ridgelawn Rd
Distance between this listing and this school0.88 miles
Public Magnet Grades KG-5
5
/10
Vance Elementary School
98 Sulphur Springs Rd
Distance between this listing and this school1.06 miles
Public Magnet Grades KG-5
4
/10
Isaac Dickson Elementary School
125 Hill St
Distance between this listing and this school1.33 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Asheville Middle School
197 S French Broad Ave
Distance between this listing and this school1.32 miles
Public District Grades 6-8
Nearby Schools
8
/10
Francine Delany New School
119 Brevard Rd
Distance between this listing and this school0.91 miles
Public Charter Grades KG-8
5
/10
Eblen Intermediate School
59 Lees Creek Rd
Distance between this listing and this school3.17 miles
Public District Grades 5-6
Assigned Schools
7
/10
School of Inquiry and Life Sciences
419 Mcdowell St
Distance between this listing and this school1.91 miles
Public District Grades 9-12
6
/10
Asheville High School
419 Mcdowell St
Distance between this listing and this school1.91 miles
Public District Grades 9-12
Nearby Schools
10
/10
Buncombe County Early College
340 Victoria Rd
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $34,937. Typical income of Asheville, NC residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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This home is located at 28 Buffalo St in Asheville, NC and zip code 28806. This 12,392 square foot home was built in 2012. It has been listed on Rocket Homes since April 17, 2023 and is currently priced at $3,000,000.
In April 2024, from all listings sold in Asheville, NC there were more than 45 sold above asking price, over 69 sold below and more than 28 were sold right at the asked price. Between March 2024 and April 2024, Asheville, NC real estate market has seen increase in the number of listings by 9.4%. In April 2024 median list price was $488,117 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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