Property Details
| Sold Price | $450,000 |
|---|---|
| Last Asking Price | $475,000 |
| Price per SqFt | $575 |
| Maintenance Fee | $374 Monthly |
| Property Taxes | Not provided |
| Interior Space | 782 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2019 |
| Subdivision | 55 South Market |
| Water | City |
| Sewer | Public Sewer |
| Road | Paved |
| County | Buncombe |
| Closed Date | 7/17/2026 |
| MLS # | 4377711 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Welcome to 55 South Market Street, a turnkey downtown Asheville condo designed for both effortless ownership and strong short-term rental appeal. This beautifully appointed condo is offered fully furnished and truly move-in ready, complete with all kitchen essentials, linens, and soft goods. Not a single detail has been overlooked! With over 200 five-star reviews already in hand, this property arrives with a proven track record. The seller is committed to a seamless transition, offering to help the new owner reactivate the listing and share operational know-how so you can smoothly transition from purchase to jump-starting your rental income. You'll find the unit is comfortable and inviting from the moment you step in the door. The art, decor, and furnishings invite you to relax and sink into the space. A pullout couch offers flexibility for additional guests if needed. Residents and guests enjoy access to an impressive array of common amenities including a large community kitchen and dining area, inviting outdoor seating, and grilling spaces perfect for entertaining, while secure parking provides convenient, worry-free access to your home base in the heart of it all. Step outside and find yourself immersed in everything that makes Asheville one of the most beloved cities in the Southeast, including world-class dining, live music, boutique shopping, art galleries, and the energy of a thriving downtown scene, all just steps from your front door. Whether you’re seeking a personal retreat, a high-performing short-term rental, or both, this is the rare opportunity that checks every box. See attachments for pro forma showing a projected cap rate of 8% after expenses and management fees, and the many positive reviews that this unit has received as an STR!
Listed by Unique: A Real Estate Collective
Sales History for This Unit · 55 South Market Unit 213
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| 3316354 | $353,000 | 8/16/19 |
What Other Units Have Been Selling For at 55 South Market
4 other units sold in the last 12 months at an average of $603/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 507 | $493,000$626/SqFt | 99% | 1/16/26 |
| 312 | $444,000$565/SqFt | 99% | 12/29/25 |
| 413 | $475,000$607/SqFt | 100% | 11/3/25 |
| 311 | $485,000$615/SqFt | 97% | 10/28/25 |
| 512 | $480,000$674/SqFt | 98% | 8/26/25 |
| 507 | $500,000$635/SqFt | 97% | 4/2/25 |
| 211 | $500,000$606/SqFt | 93% | 2/7/25 |
| 508 | $480,000$649/SqFt | 96% | 9/12/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Unique: A Real Estate Collective. Mark Zilbert of Zilbert is a cooperating (transaction) broker and helps buyers find properties in Asheville and throughout Western North Carolina.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at 55 South Market
At 55 South Market, 11 units are for sale and 5 sold in the last 12 months at an average of $598 per SqFt. Unit 213 sold at $575 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, an Asheville real estate agent with Zilbert, from MLS records.