Active

Price cut: $10K (3/13)

$640,000

16 Gracelyn Rd, Asheville, NC 28804

3beds

2baths

1,567sqft

Est.:

Duplex

Built in 1925

-- sqft lot

$623,100 Zestimate^®

$408/sqft

$-- HOA

What's special

Covered front porch

1925 Brick Home. Great central location just off Merrimon Ave. Walk to restaurants, shopping, etc. Convenient to UNCA, and all that Asheville has to offer. Currently rented as Multi-Family with one 1BR/1BA apartment and one 2BR/1BA apartment. Zoning is RS8 (Single Family). Per Seller, was grandfathered. Shared laundry and storage area in the unfinished basement which was previously a 3rd apartment. Detached 2 car garage (shared) but with potential as ADU if home converted to SF, Buyers Agent to confirm requirements. Covered front porch. It is possible that it could be easily converted back to a Single Family Residence. See also MLS #4345023.

137 days

1,247

50

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Electric Range, Refrigerator
Laundry: Common Area, In Basement

Features

Flooring: Wood
Basement: Unfinished,Walk-Out Access

Interior area

Total structure area: 1,567
Total interior livable area: 1,567 sqft
Finished area above ground: 1,567
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Driveway, Detached Garage, Garage on Main Level
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Has view: Yes
View description: City

Lot

Size: 0.21 Acres

Details

Parcel number: 974041355700000
Zoning: RS8
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Other

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Asheville

Financial & listing details

Price per square foot: $408/sqft
Tax assessed value: $392,600
Annual tax amount: $4,313
Date on market: 10/29/2025
Cumulative days on market: 137 days
Exclusions: Kitchen island in 1st flr apt. is Tenant's.
Tenant pays: None
Road surface type: Dirt, Paved

Estimated market value

$623,100

$592,000 - $654,000

$2,050/mo

Price history

Date	Event	Price
3/13/2026	Price change	$640,000-1.5%$408/sqft
Source: Canopy MLS as distributed by MLS GRID #4317440 Report a problem
10/29/2025	Listed for sale	$650,000+140.7%$415/sqft
Source: Canopy MLS as distributed by MLS GRID #4317440 Report a problem
2/24/2021	Listing removed	--
Source: Owner Report a problem
11/6/2020	Listed for rent	$1,100$1/sqft
Source: Owner Report a problem
8/18/2016	Sold	$270,000$172/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,313 +50.2%	$392,600 +41.3%
2024	$2,871 +2.6%	$277,900
2023	$2,799 +1%	$277,900
2022	$2,771	$277,900
2021	$2,771 +19.4%	$277,900 +29%
2020	$2,322	$215,400
2019	$2,322	$215,400
2018	$2,322	$215,400 -0.7%
2017	$2,322 -0.9%	$217,000
2016	$2,343 -12.1%	$217,000
2015	$2,667 +1.2%	$217,000
2014	$2,634	$217,000
2013	--	$217,000 +18.4%
2012	--	$183,200
2011	--	$183,200
2010	--	$183,200
2009	--	$183,200