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Updated 2 hours ago

Turn-key Downtown Asheville Condo | Historic Old Penney’s...


84 W Walnut St Asheville, NC

1 Bed
•
1 Bath

739 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,995
739 ft2
1 Available
Managed By: Tessier Associates
-
$1,995
Available Now
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Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views
Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views
Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views
Property details
Description

Fully furnished and turn-key—just bring your suitcase and settle in. This thoughtfully updated condo is located in the iconic Old Penney’s Building, a historic 1920s landmark designed by renowned architect Richard Sharp Smith, blending classic charm with modern comfort.
Featuring hardwood floors, soaring ceilings, and oversized windows filled with natural light, the space also offers access to a rooftop terrace with panoramic views of the Omni and the Blue Ridge Mountains. Step outside to enjoy Asheville’s best dining, shopping, entertainment, and culture.
Additional perks include option to add ground-level storage and flexible live/work zoning, ideal for a studio or creative space. A rare opportunity to enjoy downtown Asheville living at its finest.
Lease terms 6 to 12 months
Contact agent for parking information.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (828) 254-9842
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Skyrunner, Inc. 8.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views by bedroom type below.
1 Bedroom
Suggested income:
$71,800
per year
Rent report

Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views Rent vs. Asheville Average

 Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views      Asheville Average
1BR
$1,995
$1,705
$0
$650
$1,300
$1,950
$2,600

Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views is asking 17% more than the average 1 bedroom apartment in Asheville.

If you upsized to an average priced Asheville 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Asheville studio apartment, you would pay 11% less per month.

Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views provides 5% less square footage than the average Asheville 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views
1BR $1,995 $2.70 $5,985
Asheville Average
Studio $1,531 $3.00 $4,594
1BR $1,705 $2.20 $5,115
2BR $2,101 $1.90 $6,302
3BR $2,511 $1.60 $7,532
4BR $3,648 $1.40 $10,943

Availability in Asheville

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 238 2BR units on the market in Asheville. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 31% 47% 16% 1%
Available Units in Asheville
Studio 26
1BR 159
2BR 238
3BR 80
4BR 5
Location
Nearby College

Asheville Buncombe Technical Community College

Nearby Hospitals
Name Distance
Asheville Specialty Hospital 1.1 mi.
Mission Hospital And Asheville Surgery Center 1.38 mi.
Carepart NER S Rehabilitation Hospital 2.67 mi.
Nearby Fire Stations
Name Distance
Asheville Fire Department 0.27 mi.
Madison Township Fire Department 1.4 mi.
Woodfin Fire Department 1.58 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 739 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Turn-key Downtown Asheville Condo | Historic Old Penney’s Building | Rooftop Views has a 1 bedroom unit starting at $1,995.
Where is this property located?
This property is at 84 W Walnut St in Asheville, NC. It's 0.4 miles southwest from the center of Asheville.
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