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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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615 Biltmore Ave , Asheville, NC 28803
$1,700,000
Est. Payment: $8,708.23/mo
10 Bed
10 Bath
5410 Sqft
Status: active | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Rare 8-unit investment opportunity in the sought-after Beverly Condominiums. This portfolio includes six 1BR/1BA units and two 2BR/2BA units, offering a strong unit mix for consistent rental demand. Ideally located with excellent walkability to shopping, dining, and Mission Hospital, minutes to downtown Asheville and Biltmore Village. The community is quiet and well-maintained, appealing to long-term tenants seeking a peaceful residential setting. Low maintenance, lock-and-go lifestyle, making ownership streamlined and efficient. Opportunity in a proven Asheville location with enduring rental appeal. Rental history available upon request.

Highlights

Listed by Emily Butcher , 213-447-9110 and Brent Russell , 213-447-9110 Howard Hanna Beverly-Hanks Asheville-Downtown , 828-254-7221. Canopy MLS mls logo

Property Type

Multi-Family

HOA Fee

1196 Monthly

Year Built

1949

County

Buncombe

Neighborhood

Beverly Condos

Listing ID

4416820

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:10
  • Full Bathrooms:10
Appliances:Electric Oven, Electric Range, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Wood
Above Ground Sq Ft:5410
Below Ground Sq Ft:0
Water:City

Exterior Features

Lot:Cleared
Roof:Built-Up
Others:
  • Additional:Lawn Maintenance
Sewer:Public Sewer
Parking Features:On Street,Parking Lot
Principal Interest
$8,708
Taxes
$1,084
HOA
$1,196

Home Price

$1,700,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,708.23

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $8,708.23 $1,083.75 $1,196.00 $10,987.98
Yearly $104,498.75 $13,005.00 $14,352.00 $131,855.75
Total $3,134,962.47 $390,150.00 $430,560.00 $3,955,672.47

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T14:14:07.000Z

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