Description
Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina’s strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment. Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area’s renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential. Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina’s most established vacation rental markets.
Address
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Address: 27, 29 & 31 A/b Brown Road, Asheville, North Carolina 28806
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28806
Details
Updated on August 12, 2026 at 1:53 pm-
Property ID 4406408
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Price $1,600,000
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Property Size 3440 m²
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Bedrooms 6
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Bathrooms 6
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Year Built 1973
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Property Type Portfolio, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional, FHA
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Sewer Septic Installed
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Cooling Central Air
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Heating Other - See Remarks
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County Buncombe
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Property Type Residential Income
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Parking Driveway, Shared Driveway
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Features
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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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