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2147 Brevard Road

Arden NC 28704

12372 sq. ft.
2.85 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

12372 sq. ft. floor area
2.85 ac. lot size
Duplex

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