Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis...
A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf.
Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders.
According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32,328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%.
Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.
Active
$525,000
1 & 3 Freeport Ln, Asheville, NC 28806
2beds
1,572sqft
Est.:
Duplex
Built in 2025
-- sqft lot
$519,300 Zestimate®
$334/sqft
$-- HOA
What's special
Modern fixturesTall ceilingsWood floorsBamboo floorsLuxury vinyl plank bathroomsOpen wood beams
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