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Under contract-show
    • $2,650,000

    2147 Brevard # 1 Rd, Arden, NC 28704

    --beds
    --baths
    12,372sqft
    : 
    $15,653/mo
    Get pre-qualified
    Duplex
    Built in 1998
    -- sqft lot
    $-- Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Five townhome-style duplexes
    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.
    172 days
    |
    10
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Menkes jmenk@gmproperty.com,

    G/M Property Group,

    Jeremy Goldstein,

    G/M Property Group

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4345037MLS Logo

      Facts & features

      Interior

      Heating
      • Central, Forced Air, Heat Pump, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
      • Laundry: In Unit
      Features
      • Basement: Other
      • Fireplace features: Gas
      Interior area
      • Total structure area: 12,372
      • Total interior livable area: 12,372 sqft
      • Finished area above ground: 12,372
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Waterfront features: None
      Lot
      • Size: 2.85 Acres
      Details
      • Additional parcels included: 96335556660000,96335557720000,96335557780000,96335558650000
      • Parcel number: 96335555790000
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl
      • Foundation: None
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Location
      • Region: Arden

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $1,434,500
      • Date on market: 2/10/2026
      • Cumulative days on market: 166 days
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/28/2026Price change$2,650,000-5.4%$214/sqft
        Source: Canopy MLS as distributed by MLS GRID #4345037 Report a problem
        2/10/2026Listed for sale$2,800,000+1811.3%$226/sqft
        Source: Canopy MLS as distributed by MLS GRID #4345037 Report a problem
        3/3/2012Listing removed$146,500$12/sqft
        Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem
        7/16/2011Listed for sale$146,500$12/sqft
        Source: Mountain Lifestyles #434925 Report a problem
        3/6/2011Listing removed$146,500$12/sqft
        Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem
        11/12/2009Price change$146,500-5.8%$12/sqft
        Source: CENTURY 21 Mountain Lifestyles #434925 Report a problem
        6/4/2009Listed for sale$155,500$13/sqft
        Source: Century 21 #434925 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 28704

        Getting around

        5 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Avery's Creek/Koontz
        • Middle: Valley Springs
        • High: T.C. Roberson

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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