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.
Closed
Zillow last checked:
Listing updated:
Bought with:
James Dager
Keller Williams Elite Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4345037
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Sold | $1,900,000-28.3%$154/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4345037 Report a problem | ||
| 4/28/2026 | Price change | $2,650,000-5.4%$214/sqft |
Source: Canopy MLS as distributed by MLS GRID #4345037 Report a problem | ||
| 2/10/2026 | Listed for sale | $2,800,000+1811.3%$226/sqft |
Source: Canopy MLS as distributed by MLS GRID #4345037 Report a problem | ||
| 3/3/2012 | Listing removed | $146,500$12/sqft |
Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem | ||
| 7/16/2011 | Listed for sale | $146,500$12/sqft |
Source: Mountain Lifestyles #434925 Report a problem | ||
| 3/6/2011 | Listing removed | $146,500$12/sqft |
Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem | ||
| 11/12/2009 | Price change | $146,500-5.8%$12/sqft |
Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem | ||
| 6/4/2009 | Listed for sale | $155,500$13/sqft |
Source: Century 21 #434925 Report a problem | ||
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Estimated market value
