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2729 & 31 A/B Brown Road

Asheville, NC 28806
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Bed 6

Bed

Bath 6.0

Bath

SqFt3,440

Sqft

Acres1.13

Acres(Lot)

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 ac commodations 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,600,000

AD Id : 88379402

MLS Id : CAR4406408

Beds : 6

Lot Size : 1.13 Acres

Living Area Size : 3,440

Year Built : 1973

County : Buncombe

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Full Baths: 6

    Interior Features

    Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer Laundry Features: Laundry Room
  • Flooring Information

    Construction Materials: Wood
  • Heating & Cooling

    Heating: Other - See Remarks Cooling: Central Air WaterSource: City, Shared Well

  • Building Information

    Year Built: 1973
  • Exterior Features

    Hot Tub Construction Materials: Wood Foundation Details: Crawl Space Road Responsibility: Publicly Maintained Road

  • Lot Information

    Lot Size Area: 1.125 acre

    Property Information

    Property Type: Residential Income Sub Type: Portfolio

  • Listing Price Information

    Original List Price:$1600000

  • Tax Information

    Tax Assessed Value: 544600 Parcel Number: 962618530100000

  • Parking Information

    Driveway, Shared Driveway

  • School Information

    Elementary School: Unspecified Junior High School: Unspecified Senior High School: Unspecified
  • Utility Information

    Sewer: Septic Installed Water Source: City, Shared Well
  • Location Information

    City: Asheville
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
127 Riverview Drive #8 .., Asheville, NC, 28806 $599,900 3 2.5 1,800 1,800 SqFt
214 Short Michigan Avenue, Asheville, NC, 28806 $975,000 8 5.5 3,124 3,124 SqFt
144 Hanover Street, Asheville, NC, 28806 $675,000 6 4.0 2,245 2,245 SqFt
17 & 19 Hubbard Avenue, Asheville, NC, 28806 $624,000 4 3.0 1,811 1,811 SqFt
289 Riverview Church Road, Asheville, NC, 28806 $415,000 3 2.5 2,115 2,115 SqFt
448 Sand Hill Road, Asheville, NC, 28806 $325,000 4 2 1,504 1,504 SqFt
71 AND 73 Panorama Drive, Asheville, NC, 28806 $669,000 4 4.5 2,860 2,860 SqFt
4 AND 6 Mountain View R.., Asheville, NC, 28806 $369,000 5 3.0 1,512 1,512 SqFt
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ByOwner last updated this listing 08/07/2026 @ 06:20

MLS: CAROLINA #4406408 LISTED BY: Tyler Coon, EXP Realty LLC 888-584-9431 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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