55 Congress Street, Asheville, NC 28801

• 5 beds |
• 3 baths |
• 2,304 sqft

Property Description

Centrally located in the heart of Asheville, this 5BD/3BA versatile and spacious home combines exceptional convenience with impressive income potential. Minutes from Downtown Asheville, Mission Hospital, A-B Tech, the River Arts District, iconic local breweries, and historic Biltmore Village, the location couldn't be more ideal. Inside, the home features a light-filled layout complemented by a renovated lower level—perfect for a mother-in-law suite, a private multi-bedroom rental, or mid-term housing. The seller has successfully utilized portions of the home to house traveling medical professionals, providing a steady stream of additional revenue. Unwind on the oversized front porch while taking in year-round views of Downtown Asheville and the surrounding Blue Ridge Mountains. Out back, an expansive backyard offers endless possibilities for gardening, outdoor entertaining, or potential future development. Whether you're seeking a primary residence with passive income, a multi-generational living setup, or an investment property, this Asheville gem delivers on every level. Situated just minutes from Downtown Asheville, this strategically located property is far more than a charming residence—it is a rare chance to capitalize on flexible RS-8 zoning and Asheville’s expanding residential density initiatives. Under current regulations, RS-8 zoning allows 2 units for the initial 4,000 sq. ft. of parcel area, plus 1 additional unit for every extra 1,000 sq. ft. A parcel of 5,000+ sq. ft. can accommodate up to 3 units, opening doors for duplexes, multi-family infill, or expanded Accessory Dwelling Units (ADUs). (Buyer/Buyer's Agent to verify subdivision potential and allowable build parameters with City of Asheville Planning). This home is being sold strictly As-Is and requires unfinished repairs and updates. Schedule your showing today and explore the possibilities!"

Listing Status:

Active

Data Last Updated:

September 22, 2026 at 7:18AM

Listing Office:

Kilgore & Associates RealEstat : 828-515-1588

MLS ID:

4423785

Interior

• Appliances: DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher/Dryer
• Laundry: In BasementLaundry Room
• Basement: DaylightFinishedWalk-Out AccessWalk-Up AccessOther
• Flooring: VinylWood
• A/C: Ceiling Fan(s)DuctlessWindow Unit(s)
• Heating: BaseboardElectricHeat Pump

Exterior

• General: Storage
• Style: Ranch
• Other Structures: Front PorchDeckCovered
• Parking: Driveway

Construction

• Windows: Insulated Window(s)Window Treatments
• General: Site BuiltBasement

Location

• Road/Access: GravelPaved
• Originating MLS: carolina
• County: Buncombe

Lot

• Zoning: RS89648-24-7615-00000
• View: CityLong RangeMountain(s)Year Round

Utilities

• Utilities: Cable ConnectedElectricity ConnectedWired Internet Available
• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina