2147 Brevard Road, Arden, NC 28704

Arden
Local realty services provided by:ERA Live Moore
Listed by: john menkes, jeremy goldstein
Office: g/m property group
MLS#:4345037
Source:CH
2147 Brevard Road,Arden, NC 28704
$2,650,000
  • - Beds
  • - Baths
  • 12,372 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$2,650,000
  • Price per sq. ft.:$214.19

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1998
  • Listing ID #:4345037
  • Updated:June 27, 2026 at 04:37 PM

Rooms and interior

  • Kitchen Description:Electric Oven, Gas Range, Oven, Refrigerator
  • Basement:Yes
  • Living area:12,372 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Forced Air, Heat Pump, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1998
  • Building area:12,372 sq. ft.
  • Lot area:2.85 Acres
  • Construction Materials:Vinyl

Schools

  • High school:T.C. Roberson
  • Elementary school:Avery's Creek/Koontz

Utilities

  • Water:Well
  • Sewer:Septic (At Site)

Finances and disclosures

  • Price:$2,650,000
  • Price per sq. ft.:$214.19

Parking

  • Parking description:Parking Lot
MLS LogoListings courtesy of Canopy MLS as distributed by MLS GRID. Copyright 2021 Canopy MLS. All rights reserved. Canopy MLS, provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Canopy MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Canopy MLS.

New listings near 2147 Brevard Road