$1,600,000
 $8,346 est/mo Sourced by Back At You

27,29 & 31 A/b Brown Road,Asheville, NC 28806

Asheville, NC 28806

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Description

Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment. Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential. Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.

Details

MLS #4406408
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1973
Days On Site30
Listing Provided ByEXP Realty LLC | Tyler Coon

Features

Bed(s)6
Bath(s) 6 Total
SQ Feet3,440
Units4
Acreage1.13

Interior

CoolingCentral Air
HeatingOther - See Remarks
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer

Exterior

Exterior FeaturesHot Tub
Construction MaterialsWood
Foundation DetailsCrawl Space

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Shared Driveway

Other

List AorHendersonville Board of Realtors

Taxes

Property544600

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28806)
Price:
$1,600,000
low | high
Med:
$470,000
100% of Average
sqft:
3,440
low | high
Med:
1,628
100% of Average
$ / sqft:
$465
low | high
Med:
$289
87.929975429975% of Average
On site:
30
low | high
Med:
79
37.974683544304% of Average
Sourced by Back At You

Market Activity 28806

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 23, 2026 at 9:16:38 AM PDT 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.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28806)
Price:
$1,600,000
low | high
Med:
$470,000
100% of Average
sqft:
3,440
low | high
Med:
1,628
100% of Average
$ / sqft:
$465
low | high
Med:
$289
87.929975429975% of Average
On site:
30
low | high
Med:
79
37.974683544304% of Average
Sourced by Back At You
Listing Updated: August 12, 2026 at 8:59:50 AM PDT