2147 Brevard Road
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
$2,800,000
Community: Arden in Buncombe County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
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.
Original Listing Price:
2,800,000
MLS #: 4345037
Listing Status: Active
Days on Market: 8
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2026-02-18 at 9:30AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Some IDX listings have been excluded from this website.
Copyright © 2026. All rights reserved.
Map
close
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
close
Basement/Foundation: None
Water: Well
Year Built: 1998
Garage/Carport: Parking Lot
Roof: Composition
Cooling: Central Air
Sewer: Septic Installed
Heating/Cooling: Central,Forced Air,Heat Pump,Natural Gas
Mortgage Calculator
close
Schools
close
- High School: T.C. Roberson
- Middle School: Valley Springs
- Elementary School: Avery's Creek/Koontz