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$2,800,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 2147 Brevard Rd
General
- Price: $2,800,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4345037
- Updated: 2/10/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace(s): Gas, Gas
- Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Parking Lot
Location
- County: Buncombe
School Information
- Elementary School: William Estes
- Middle School: Valley Springs
- High School: T.C. Roberson
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl
- Basement: Yes
- Basement Desc.: Other
- Roof: Composition
- Square Feet: 12,372
- Year Built: 1998
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Rcmdd Zoning: R-1
Financial Considerations
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Property ID: 96335555790000
- Plat: 213/38
- Lot Number: 5996/1433
Listed by G/M Property Group
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Schools
Schools serving 2147 Brevard Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Avery's Creek Elementary 15 Park South Boulevard, Arden, NC 28704 | PK-4 | 2.3 mi |
Valley Springs Middle 224 Long Shoals Road, Arden, NC 28704 | 7-8 | 3.4 mi |
T C Roberson High 250 Overlook Road, Asheville, NC 28803 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2147 Brevard Rd
Date
Details
Price
Change
Source
2/10/2026
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2147 Brevard Rd
2147 Brevard Road, Arden, NC 28704 (MLS# 4345037) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2147 Brevard Road is currently listed for $2,800,000 and was received on February 10, 2026. Want to learn more about 2147 Brevard Road? Do you have questions about finding other Single Family real estate for sale in Arden? You can browse all Arden real estate or contact a Coldwell Banker agent to request more information.

