2147 Brevard Road
Arden, NC 28704
0
Bed
0
Bath
12,372Sqft
2.85Acres(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: YesInterior Features
Roof: Composition Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator Laundry Features: In UnitRoofing Information
Composition -
Flooring Information
Construction Materials: Vinyl -
Heating & Cooling
Heating: Central, Forced Air, Heat Pump, Natural Gas Cooling: Central Air WaterSource: Well
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Building Information
Year Built: 1998
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Lot Information
Lot Size Area: 2.85 acreProperty Information
Property Type: Residential Income Sub Type: Duplex
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Listing Price Information
Original List Price:$2800000
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Tax Information
Tax Assessed Value: 1434500 Parcel Number: 96335555790000
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Parking Information
Parking Lot
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School Information
Elementary School: Avery's Creek/Koontz Junior High School: Valley Springs Senior High School: T.C. Roberson -
Utility Information
Sewer: Septic Installed Water Source: Well -
Location Information
City: Arden
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5 Fieldtop Lane, Arden, NC, 28704 | $574,999 | 3 | 3 | 1,788 | 1,788 SqFt |
| 440 Royal Pines Drive, Arden, NC, 28704 | $500,000 | 4 | 3 | 1,221 | 1,221 SqFt |
Similar Multifamily To 2147 Brevard Road
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ByOwner last updated this listing 06/27/2026 @ 06:20
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