42 Furman Avenue, Asheville, NC 28801 (MLS # 4359264)
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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.
| YEAR BUILT | 1928 | COUNTY | Buncombe |
|---|---|---|---|
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| BASEMENT | Finished, Full, Yes |
|---|---|
| LOT | 0.31 acre(s) |
| LOT DIMENSIONS | 0.31 |
| MLS STATUS | Active |
| PARKING | Parking Lot |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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