315 Fairfax Avenue
Asheville, NC 28806
Map
- 4 beds
- 2 baths
- 1,891 sqft
- 6,970 sqft lot
- $337 per sqft
- 1964 build
- – on site
Great investment opportunity in vibrant West Asheville! This well-maintained home is ideally located near Haywood Road and offers strong rental income potential with two separate living spaces. The main level features 3 bedrooms, a renovated full bathroom, and a beautifully updated kitchen with butcher block counters, tile floors, new cabinets, dishwasher, and stainless steel sink (2021). The contemporary lower-level apartment includes a full kitchen, one bedroom, a bonus room often used as a second sleeping area, living area, and a full bath. Each level has its own washer and dryer, which convey. The main level is served by a Trane heat pump, while the apartment has three efficient mini-split units. Outdoor spaces include an expansive upper deck, welcoming front yard with garden beds, lower patio, and a fully fenced backyard complete with a fire pit. Previously rented as a long-term lease upstairs for $2,095 per month and a mid-term rental downstairs for $2,450 per month. Don’t wait!
Last checked:
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Last updated Jul 4, 2025
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MLS# 4275868 —
The Building
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Year Built:1964
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New Construction:false
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Construction Type:Site Built
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Subtype:Single Family Residence
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Construction Materials:Block, Wood
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Architectural Style:Ranch
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Roof:Composition
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Foundation Details:Basement
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Levels:One
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Basement:Finished
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Basement:true
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Patio And Porch Features:Deck, Front Porch, Rear Porch
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Window Features:Insulated Window(s)
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Above Grade Finished Area:982
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Below Grade Finished Area:909
Interior
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Features:Attic Stairs Pulldown
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Flooring:Tile, Wood
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Living Area:1891
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Fireplace:false
Location
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Directions:From Downtown Asheville, take I 240 E to Exit 2 for Haywood Road. Turn Right at the Light onto Haywood. Turn Left onto Fairfax Ave. 315 Fairfax will be on the Left.
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Latitude:35.566056
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Longitude:-82.591806
The Property
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Type:Residential
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Lot Features:Green Area, Sloped, Wooded
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Lot Size Area:0.16
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Lot Size Units:Acres
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Zoning Specification:RS8
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Zoning:RS8
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Exterior Features:Fire Pit
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Fencing:Fenced
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Gravel, Paved
Listing Agent
- Contact info:
- Agent phone:
- (828) 817-6803
- Office phone:
- (877) 973-3346
Taxes
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Parcel Number:9638-20-0276-00000
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Tax Assessed Value:361400
Beds
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Bedrooms Total:4
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Bedroom Main:3
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Bedroom Basement:1
Baths
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Baths:2
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Full Baths:2
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Full Baths Main:1
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Full Baths Basement:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Ductless, Heat Pump
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Cooling:Ceiling Fan(s), Heat Pump
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Dishwasher, Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
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Laundry Features:In Basement, Main Level
Schools
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Elementary School:Asheville City
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Middle School:Asheville
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High School:Asheville
The Community
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Subdivision Name:Rhododendron Heights
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HOA Subject To:None
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Senior Community:false
Parking
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Parking Features:Driveway
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:false
Extra Units
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Second Living Quarters:Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
Monthly cost estimate
Asking price
$639,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,421
|
| Taxes | N/A |
| Insurance | $175 |
| Utilities | $179 See report |
| Total | $3,775/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/3/25
Jul 3, 2025
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Listed / Active | CMLS | $639,000 | 52.1% (13.5% / YR) |
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8/18/21
Aug 18, 2021
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CMLS | $420,000 | -3.4% | |
|
7/8/21
Jul 8, 2021
|
CMLS | $435,000 |
