21
  • Property Type
  • Duplex, Residential Income
  • 12372 Sqft
  • Area Size
  • 1998
  • Year Built

2147 Brevard Road, Arden, NC 28704

  • $2,800,000

Description

This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel—creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20–25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure.

  • Address: 2147 Brevard Road
  • City: Arden
  • State/county: NC
  • Zip/Postal Code: 28704

Details

Updated on February 11, 2026 at 10:13 am
  • Property ID 4345037
  • Price $2,800,000
  • Property Size 12372 m²
  • Garage Size x x
  • Year Built 1998
  • Property Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Composition
  • Sewer Septic Installed
  • Cooling Central Air
  • Heating Central,Forced Air,Heat Pump,Natural Gas
  • County Buncombe
  • Property Type Residential Income
  • Parking Parking Lot
  • Elementary School Avery's Creek/Koontz
  • Middle School Valley Springs
  • High School T.C. Roberson
  • Waterfront None

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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