2147 Brevard Rd

Beds
Baths
12,372 Sq. Ft.
$226 / Sq. Ft.
12,372
Sq. Ft.
$226
per Sq. Ft.

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 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.

Property Details for 2147 Brevard Road

Waterfront Features
None
Parking Features
Parking Lot
LISTING UPDATED: 02/11/2026 05:13 AM

Property Details for 2147 Brevard Road

StatusActive
MLS #4345037
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1998
Lot Size2.85 AC / 124,146 SF
CountyBuncombe County

Location

Listing Courtesy of G/M Property Group
Add your commute

Building Information for 2147 Brevard Road

Stories-Residences-Year Built1998Building Size-Lot Size2.85 AC / 124,146 SF

Payment Calculator

$13,647 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,647

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2147 Brevard Road

Summary
Location and General Information
  • Longitude: -82.574636
  • Zoning: R-1
  • Latitude: 35.444107
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $1,434,500.00
  • Parcel Number: 96335555790000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Valley Springs
  • High School: T.C. Roberson
  • Elementary School: Avery's Creek/Koontz
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 12372.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Unheated Basement: 1689
  • Lot Size Units: Acres
  • Property Type: Residential Income
  • Property Sub Type Additional: Other
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 21
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 96335556660000,96335557720000,96335557780000,96335558650000
  • Senior Community YN: No
  • Plat Book Slide: 213/38
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Deck
  • Pool Private YN: No
  • Road Surface Type: Asphalt, Paved
  • Roof: Composition
Interior Features
  • Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
  • Cooling: Central Air
  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Laundry Features: In Unit
  • Fireplace Features: Gas
  • Foundation Details: None
  • Basement YN: Yes
  • Basement Features: Other
  • Stories: 2
Multi Family
Multi-Family Information
  • Unit Type: Townhouse
  • Number Of Units Total: 10
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Gas
  • Pets Allowed: Yes

Property History for 2147 Brevard Road

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

CANOPY #4345037

$2,800,000
DateEvent & SourcePrice
02/10/2026

Listed (Active)

CANOPY #4345037

$2,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2147 Brevard Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Avery's Creek Elementary
PublicPK to 4

Koontz Intermediate School
Public5 to 6

Valley Springs Middle
Public5 to 8

T C Roberson High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2147 Brevard Road is a multi-family home for sale in Arden, NC 28704. This property was listed for sale on February 10, 2026 by G/M Property Group, it's currently listed at $2,800,000. This listing's school district is Buncombe County Schools. Nearby schools include Avery's Creek Elementary, Koontz Intermediate School and Valley Springs Middle. 2147 Brevard Road is a 0-bed, 0-bath, 12,372 sqft multi-family home built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of G/M Property Group

Based on information submitted to the MLS GRID as of 02/11/2026 05:13 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.