Under Contract

Listed by John Menkes and Jeremy Goldstein from G/M Property Group

Source: Carolina Multiple Listing Services, Inc. #4345037

2147 Brevard Road, Arden, NC, 28704

$2,650,000

12372 sq. ft.
2.85 ac.

Duplex

30+ days on the market

What's around 2147 Brevard Road

About this property

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.

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