16 Gracelyn Rd

—
Beds
—
Baths
1,567 Sq. Ft.
$415 / Sq. Ft.
1,567
Sq. Ft.
$415
per Sq. Ft.

Description

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. Per Seller, was grandfathered as a triplex. Shared laundry and storage area in the unfinished basement which was previously a 3rd apartment. Detached 2 car garage (shared). Covered front porch. It is possible that it could be converted back to...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. Per Seller, was grandfathered as a triplex. Shared laundry and storage area in the unfinished basement which was previously a 3rd apartment. Detached 2 car garage (shared). Covered front porch. It is possible that it could be converted back to a Single Family Residence.
  1. Listed by Denise Girouard • Cornerstone Real Estate Cons. • dsgirouard@gmail.com

Property Details for 16 Gracelyn Road

View
City
Parking Features
Driveway, Detached Garage
LISTING UPDATED: 10/30/2025 05:02 AM

Property Details for 16 Gracelyn Road

StatusActive
MLS #4317440
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.21 AC / 9,147 SF
CountyBuncombe County

Location

Listing Courtesy of Cornerstone Real Estate Cons.
Add your commute

Building Information for 16 Gracelyn Road

Stories-Residences-Year Built1925Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$3,527 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$359

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Gracelyn Road

Summary
Location and General Information
  • Longitude: -82.55301481
  • Zoning: RS8
  • Latitude: 35.62582016
  • Directions: North on Merrimon. Right on Gracelyn. 1st house on left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $392,600.00
  • Parcel Number: 974041355700000
  • City Taxes Paid To: Asheville
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 1567.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 22
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Plat Reference Section Pages: 7/45
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other - See Remarks
  • Road Surface Type: Dirt, Paved
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Common Area, In Basement
  • Flooring: Wood
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Unfinished, Walk-Out Access
  • Stories: 2
Multi Family
Multi-Family Information
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Unit Room Type: Laundry, Living Room, Mud, Basement, Bedroom(s), Bathroom(s), Kitchen
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: None
  • Pets Allowed: Yes

Property History for 16 Gracelyn Road

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Listed (Active)

CANOPY #4317440

$650,000—
Aug 17, 2016

Closed (Public Record)

Public Record #577280359

$270,000—
DateEvent & SourcePrice
10/29/2025

Listed (Active)

CANOPY #4317440

$650,000
08/17/2016

Closed (Public Record)

Public Record #577280359

$270,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Gracelyn Road

Taxable ValueLand-Additions-Total-
Tax Record2025$4,313 ($359 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtUnfinished Basement SqFt576 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1925ZoningDEED DATE:08/CountyBUNCOMBEAPN9740-41-3557-00000Fireplace TypeHas Fireplace

Schools near 16 Gracelyn Road

This home is within Asheville City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Isaac Dickson Elementary
PublicPK to 5

Hall Fletcher Elementary
PublicPK to 5

Vance Elementary
PublicPK to 5

Ira B Jones Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16 Gracelyn Road is a multi-family home for sale in Asheville, NC 28804. This property was listed for sale on October 29, 2025 by Cornerstone Real Estate Cons., it's currently listed at $650,000. It has been on the market for a total of 72 days and was last sold on August 17, 2016. This listing's school district is Asheville City School District. Nearby schools include Isaac Dickson Elementary, Hall Fletcher Elementary and Vance Elementary. 16 Gracelyn Road is a 0-bed, 0-bath, 1,567 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cornerstone Real Estate Cons.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/09/2026 09:39 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.