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Listing provided courtesy of G/M Property GroupMLS# 4345037MLS ProviderContact Information: [email protected]
  • 139 days on site
  • 1 views

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.

Source: Canopy MLS, MLS#: 4345037

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  • Property Type
    Residential Income

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Ivester Jackson Christie's

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  • Median Age
    41
  • Population Density
    610
  • College Educated
    49%
  • Estimated Median Income
    $67,217
  • Estimated Total Home Owners
    4,837
  • Estimated Total Renters
    2,982
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    3
  • Total Population
    20,606
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2147 Brevard Road

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/14/2026Source: Canopy MLS Status Change
Under Contract-Show
4/28/2026Source: Canopy MLS Price Reduction
$2,650,000 -5.4%
2/10/2026Source: Canopy MLS Added to Database
February 10, 2026