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
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Address: 2147 Brevard Road
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City: Arden
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State/county: NC
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Zip/Postal Code: 28704
Details
Updated on February 11, 2026 at 10:13 am-
Property ID 4345037
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Price $2,800,000
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Property Size 12372 m²
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Garage Size x x
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Year Built 1998
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Property Type Duplex, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Composition
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Sewer Septic Installed
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Cooling Central Air
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Heating Central,Forced Air,Heat Pump,Natural Gas
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County Buncombe
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Avery's Creek/Koontz
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Middle School Valley Springs
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High School T.C. Roberson
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Waterfront None
Mortgage Calculator
Monthly
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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