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141 Louisiana Ave, Asheville, NC, 28806

1beds
1baths
680sqft
$300,000
$441price/sqft
$2,071/moest. monthly cost
$82,840/yrincome needed

About This Home

Great investment opportunity in the heart of Asheville with multiple income possibilities. This property offers separate entrances for two units and is ideal for investors or buyers looking to finish a renovation and add value. The upper level features a move-in-ready 1-bedroom, 1-bath unit with rustic charm and a private back patio. The main level has been framed and is ready to be completed as a 2-bedroom, 2-bath unit, providing an excellent opportunity to finish the space to your specifications. The property also includes a spacious unfinished basement of approximately 1,000 square feet with a private entrance and laundry area, offering additional potential for future expansion, storage, workshop space, or possible conversion to another unit. Conveniently located just minutes from the shops, restaurants, and breweries of West Asheville and a short drive to the Blue Ridge Parkway, this property offers strong rental potential and endless possibilities in one of Asheville’s most desirable locations. Property is an active construction/renovation project and is not safe for unrestricted access. Portions of the structure are incomplete and may contain open structural elements. Enter at your own risk and exercise caution during showings.

Getting Around

76
WalkingVery Walkable
42
TransitSome Transit
55
BikeBikeable

Schools

8/10
Vance ElementaryGrades PK-50.7 mi
7/10
Asheville MiddleGrades 6-81.8 mi
5/10
Asheville HighGrades PK,9-122.4 mi

Construction

Condition

  • Year built: 1923

Materials

  • Construction materials: Vinyl,Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Oven,Electric Range,Freezer,Microwave,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bedroom S

  • Level: Main

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Area

  • Level: Main

Features

  • Fireplace features: Gas
  • Finished area below ground: 0
  • Finished area above ground: 680

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Wall Unit(s)

Interior Area

  • Total structure area: 680
  • Total interior livable area: 680 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 963826345400000
  • Zoning: RM8
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 0.17 Acres

Parking

  • Parking features: Driveway,Parking Space(s)
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Buncombe County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$83$996
Property Taxes $272$3,264
Electricity $200$2,405
Total$2,071$24,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,005/yr
40% on housing$62,130/yr
45% on housing$55,226/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$441This listing

vs Other Active Listings

Avg $/sqft

ZIP 28806$222
Buncombe County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28806$295
Buncombe County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$300,000
2026-05-01Price change$325,000
2026-04-17Price change$345,000
2026-03-16Listed for sale$365,000
2026-02-03Listing removed$299,900
2025-12-09Price change$299,900
2025-11-18Price change$339,900
2025-10-17Price change$349,900
2025-10-06Price change$374,900
2025-09-28Listed for sale$384,900
2023-01-01Listing removed--
2022-09-27Listing removed$499,000
2022-08-24Listed for sale$525,000
2017-03-10Sold$263,000
2017-01-06Pending sale$280,000
2016-11-03Price change$280,000
2016-08-12Listed for sale$295,000
2006-08-24Sold$160,000
2006-02-24Sold$142,000
1998-02-17Sold$90,000

For Sale by Agent

AgentVenus Lancaster
BrokerageManife Realty LLC

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