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Will Sheppard

willsheppardrealty@gmail.com +1(704) 780-0078

$1,600,000

Est. payment - /mo

6 Beds

6 Baths

3,440 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Portfolio

Listing Status Active

Purchase Type For Sale

Square Footage 3,440 sqft

Price per Sqft $465

MLS Listing ID 4406408

Bedrooms 6

Full Baths 6

Abv Grd Liv Area 3,440

Year Built 1973

Lot Size 1.125 Acres

Acres 1.125

Property Sub-Type Portfolio

Property Description

Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment.

Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to appeal to couples, families, and small groups, creating a diverse guest experience that broadens booking potential.

Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.

Location

State NC

County Buncombe

Zoning R-3

Interior

Heating Other - See Remarks

Cooling Central Air

Fireplaces Type Living Room

Fireplace true

Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer

Laundry Laundry Room

Exterior

Exterior Feature Hot Tub

Street Surface Gravel,Paved

Porch Covered, Deck

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water City, Shared Well

Structure Type Wood

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed No

Senior Community false

Restrictions Short Term Rental Allowed

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Subject to Lease

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Listed by Tyler Coon • EXP Realty LLC • tyler@savvy.realty

Nearby School & Business

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Will Sheppard

+1(704) 780-0078

Realtor®/Broker | License ID: 312498

Realtor®/Broker License ID: 312498

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27, 29 & 31 A/B Brown RD Asheville, NC 28806

Will Sheppard

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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