40 Ormond Ave, Asheville, NC 28806
OFF MARKET

40 Ormond Ave
Asheville, NC 28806

  • 4 Beds
  • 2 Baths
  • 1,960 sqft

$344,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,974/mo*
Refinance Your Home

$344,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,974/mo*
Refinance Your Home
4 Beds
2 Baths
1,960 sqft

Home Value

Trulia Estimate
$344K
Since last month
Decreased$28K (-7.6%)
Since last year
Increased$24K (+7.4%)
Since last sale
Increased$282K (+469.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
August 2026$342K
July 2026$351K
June 2026$370K
May 2026$398K
April 2026$247K
March 2026$138K
February 2026$57K
January 2026$57K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1389 Patton Ave, Asheville, NC
0.11
Multi-Family Home
$626,000
12/05/25
6
3
1,774
144 & 148 Laurel Loop, Asheville, NC
0.58
Multi-Family Home
$620,000
11/10/25
3
4
3,200
32 Rash Rd, Asheville, NC
0.52
Multi-Family Home
$360,000
03/04/26
4
3
2,438
2 Evergreen Ave, Asheville, NC
1.17
Multi-Family Home
$329,000
11/12/25
3
2
1,760
244 Westwood Pl, Asheville, NC
1.69
Multi-Family Home
$658,000
01/30/26
2
6
3,496
4 & 6 Cottage Ct, Asheville, NC
2.33
Multi-Family Home
$600,000
07/30/26
3
2.5
1,620
242 Westwood Pl, Asheville, NC
1.69
Multi-Family Home
$658,000
01/30/26
8
6
3,496
445 Sand Hill Rd #1-6, Asheville, NC
0.95
Multi-Family Home
$1,750,000
11/26/25
-
8,275
167 Mount Clare Ave, Asheville, NC
3.31
Multi-Family Home
$490,000
11/17/25
4
2
1,815
152 Mount Clare Ave, Asheville, NC
3.32
Multi-Family Home
$420,000
11/19/25
2
2
1,680

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5 Belmont Ave, Asheville, NC 28806
0.04
$379,000
3
1
974
For Sale
27 Ormond Ave, Asheville, NC 28806
0.05
$342,000
3
1
1,242
Recently Sold
27 Belmont Ave, Asheville, NC 28806
0.07
$358,300
2
1
814
Off Market
51 Belmont Ave, Asheville, NC 28806
0.09
$456,400
2
1
874
Off Market
46 Belmont Ave, Asheville, NC 28806
0.09
$550,665
3
2
1,778
Recently Sold
Ormond Ave #35, Asheville, NC 28806
0.06
-
-
-
-
Off Market
85 Ormond Ave, Asheville, NC 28806
0.10
$553,800
3
3
1,692
Off Market
9 Covington St, Asheville, NC 28806
0.10
$509,700
3
1
1,132
Off Market
30 Dartmouth St, Asheville, NC 28806
0.12
$620,000
3
2.5
1,908
Recently Sold
40 Belmont Ave, Asheville, NC 28806
0.12
$480,500
3
2
1,385
Off Market
1389 Patton Ave, Asheville, NC 28806
0.11
$626,000
6
3
1,774
Recently Sold
18 Covington St #2B, Asheville, NC 28806
0.15
$528,300
2
2
1,314
Off Market

Local Information

  • Map ViewExplore the area around 40 Ormond Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1927
Living Area
1,960 sqft
Price/Sqft
$176

About this House

This multi-family home is located at 40 Ormond Ave, Asheville, NC. 40 Ormond Ave is in Asheville, NC and in ZIP code 28806. This property has 4 bedrooms, 2 bathrooms and approximately 1,960 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1927.
40 Ormond Ave, Asheville, NC 28806 is a 4 bedroom, 2 bathroom, 1,960 sqft multi-family built in 1927. It last sold for $60,000 on Sep 4, 2024. It is currently off market. The Trulia Estimate is $344,400, with a rent estimate of $1,871/month.

Home Details for 40 Ormond Ave

Interior Features

Interior Details
BasementNumber of Rooms: 12Types of Rooms: Walk In Closet, Dining Room, Family RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, Other, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood, Laminate, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Shingle, Vinyl, WoodLawnPatioPorch
Parking & Garage
Parking Spaces: 2Parking: Off Street, On Street

Property Information

Year Built
Year Built: 1927Year Updated: 1987
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 2

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Sep 4, 2024
Source: N/A
Sold
$60,000

Market trends in Asheville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$493K
$18.33KMoM
Sale-to-List Price
97.8%
Price per sq ft
$311
$12MoM
Available listings
1152
2MoM
Skip to last item
  • Results are loading
Skip to first item

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Asheville

At least 851 Trulia users voted on each feature.

  • 86 % Say it's dog friendly

  • 83 % Say car is needed

  • 73 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 72 % Say there's wildlife

  • 65 % Say parking is easy

  • 64 % Say people would walk alone at night

  • 60 % Say kids play outside

  • 58 % Say it's quiet

  • 55 % Say it's walkable to restaurants

  • 53 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 47 % Say there are sidewalks

  • 45 % Say it's walkable to grocery stores

  • 45 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lori.pittman
    "Nice area convenient to downtown and has stores and restaurants close by. Lots of families and dog walkers "
    0
    Flag
  • Olivia Schnittker
    "15 mins to most places. sometimes 20 if traffic. Avoid 26 during rush hour hour or holiday weekends. "
    0
    Flag
  • Nancy Menyhert
    "I have lived here for over 9 years and I would say that it’s a good neighborhood. Not many kids. Mostly young adults. "
    2
    Flag
  • Alexander Mccullough
    "It’s nice and free from crime. I can sit outside and feel safe. Asheville is a very unique city due to its diverse atmosphere "
    0
    Flag
  • Marilyn Napoleon
    "Close to Haywood Avenue and local festivities. Very eclectic and free. Friendly community. Close to highway exits. "
    0
    Flag
  • Thomas Faulkner
    "There aren’t really any sidewalks available to walk any pets in this area of Asheville unfortunately "
    0
    Flag
  • Juliana Walker
    "There is not a huge amount of activities for children in this city. It is very adult focused, with lots of breweries and bars. Good park tho!"
    0
    Flag
  • Michelle G
    "Driving is the only safe mode of transportation. We need more bike/pedestrian friendly infrastructure. "
    0
    Flag
  • Trulia User
    "Dog walking is a neighborhood pastime here, unfortunately sidewalks are not present on all streets. "
    0
    Flag
  • Leah Pittman
    "Busy & overwhelming. Too many people & cars. Lots of traffic. And especially since the hurricane. Be prepared. "
    2
    Flag
  • Chris Anderson
    "All the events are wonderful and the people are so welcoming and accepting. I love it here. I don’t know anywhere else I would like to live ."
    0
    Flag
  • Lumine
    "My neighborhood is hilly, beautiful, and has lots of foliage. My neighbors are super friendly, and even bake cookies for me!"
    0
    Flag
  • Lumine
    "We have annual concerts, and there is this one young girl who brings cookies and brownies and all types of baked goods to neighbors."
    0
    Flag
  • Lumine
    "It's really good. I drive everywhere and the roads are nice, even after the hurricane! Everything is very well maintained."
    0
    Flag
  • Lise Ellsworth
    "Neighborhood community groups are easy to connect with. I love my neighbors and it’s a great area to walk dogs and have kids. "
    0
    Flag
  • Timothy Williams
    "Close to biltmore and hiking sites. Lots of fast food restaurants really nearby and buses aren’t too packed. Too many homeless. "
    0
    Flag
  • Jessica Chatfield
    "I don’t work in the city. However, it is pretty smooth. My fiancé walks to work and the weather is great 80% of the time! "
    0
    Flag
  • Unspecified
    "Best place to live, wish the sidewalks were better maintained, wish it was more walkable, glad they put in bike lanes "
    3
    Flag
  • Elliscrandall
    "It’s a very dog friendly community and many people walk their dogs. We live near a greenway which is a great place for walks as well!"
    5
    Flag
  • Andrew
    "This area is very welcoming and lovely to someone looking for comfort. Everyone is super nice and the city can supply everything needed to have a good time. "
    6
    Flag
  • Trulia User
    "It is a very dog friendly neighborhood where everyone helps and takes time to say hello when out taking walks. "
    3
    Flag
  • Trulia User
    "it's not unique but it is in a very convenient area for people living in apartments. good school district. sidewalks. near Biltmore Town Square, movie theatres, coffee shops, bookstores, and Julian Lake State Park for bird watching and boating. all within walking/biking distance or convenient to public transit"
    2
    Flag
  • Trulia User
    "great access to highways and through roads. Immediate access to I-26 and I-25. Access to Hwy 191 and 276 also close by"
    0
    Flag
  • Trulia User
    "By car lots of traffic but easy in an out. Few gas stations, Walmart, Publix and restaurants in the area"
    0
    Flag
  • Trulia User
    "it's very expensive, but beautiful! we are right by the elementary school and we have a small library!"
    3
    Flag
  • Trulia User
    "There are no dog parks in this area - not within a walkable distance. There are abundant good sidewalks. There are some trails if you drive out of Asheville or to state parks but those also attract cyclists. Not all dogs are well socialized. "
    5
    Flag
  • Trulia User
    "Lots of families for sure and public transport seems very accessible. Planning on buying in this hood. Drawbacks include noise from traffic and lack of sidewalks. Positives are its an established neighbourhood so not much new construction can be crammed in. "
    0
    Flag
  • Trulia User
    "Great areas for children to play outside safely. Streets are safe and traffic is courteous. Homes are generally well maintained. "
    1
    Flag
  • Trulia User
    "Lots of dogs and paths for dog owners to walk their dogs. But there are few dog parks for off-lead time. "
    0
    Flag
  • Trulia User
    "HOA has a great line of communication. The grounds are very well kept. My neighbors are friendly and want what’s best for all. "
    5
    Flag
  • Trulia User
    "It’s dog friendly and owners pick up after their fur babies. In my neighborhood, there’s a max weight limit for breed. Other than that, it’s cat and dog approved. "
    0
    Flag
  • Trulia User
    "We have no community events that make it a special neighborhood. Never been aware of anything ever in area."
    0
    Flag
  • Holly P.
    "We celebrate and check in on one another. We look out for safety and trade garden stuffs, etc. It’s nice to know people’s name, kids’ names and pets, too. Sweet place to live, with like-minded folk."
    26
    Flag
  • Pumpakinn2018
    "we have the outlet mall and the main mall along with bowling alley horse back riding the blue ridge parkway and the river. and if course music clubs and strip clubs. "
    11
    Flag
  • Cecilia M.
    "There are many families in our neighborhood, it’s a safe place to live, families enjoy walking around the neighborhood with there families and pets . Lots of pet owners too "
    0
    Flag
  • Kevin.ogren
    "I have visited this area several times. Good restaurant and breweries everywhere. I love the urban gardens and nice folks."
    0
    Flag
  • Kaitlyn C.
    "I’ve lived in the neighborhood for 2 years! People are friendly! I love the houses in the neighborhood."
    1
    Flag
  • Jennie.p.king
    "Excellent elementary school! Principal was recently awarded and they have a Spanish immersion program starting in Kindergarten. "
    0
    Flag
  • Dogmom305
    "We are new to the area and find it convenient and neighborly and pet friendly. Moderately priced. Great weather "
    0
    Flag
  • Jody D.
    "Seems like everybody has a dog. People honor the leash law. Good leashed mannered dogs everywhere. Many businesses also allow dogs to visit"
    6
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

281 pet-friendly rentals in Asheville, NC

Explore by feature - Garage

101 rentals with a garage in Asheville, NC

Explore by feature - Air Conditioning

390 rentals with air conditioning in Asheville, NC

Explore by feature - Pool

75 rentals with a pool in Asheville, NC

Explore by feature - Washer/dryer

300 rentals with a washer/dryer in Asheville, NC

Explore by feature - Outdoor Space

52 rentals with an outdoor space in Asheville, NC

Homes for sale near 40 Ormond Ave

Skip to last item
Skip to first item

Off Market Homes Near 40 Ormond Ave

Skip to last item
Skip to first item

Frequently asked questions about 40 Ormond Ave

  • What is 40 Ormond Ave estimated to be worth?
    Trulia's estimated value for 40 Ormond Ave in Asheville, NC is $344,400.
  • What is the price history for 40 Ormond Ave?
    40 Ormond Ave in Asheville, NC last sold for $60,000 in September 2024.
  • Is Asheville a buyer's or seller's market?
    Asheville is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Asheville?
    The median sale price in Asheville is $493K. That is up $18.33K from the prior month.
  • Does 40 Ormond Ave have laundry facilities?
    Yes, 40 Ormond Ave in Asheville, NC has in-unit laundry.
  • Does 40 Ormond Ave have parking?
    Yes, 40 Ormond Ave in Asheville, NC has on-site parking.