SOLD OCT 29, 2026

Sold on oct 2026

$1,900,000

—

•

— ba

•

12,372

sq ft

2147 Brevard Rd, Arden, NC 28704

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.

Multi-familyProperty Type

1998Year Built

2.85 acresLot Size

$154Price/Sq.Ft.

Listed by John Menkes • G/M Property Group

Listed by Jeremy Goldstein • G/M Property Group

Contact: jmenk@gmproperty.com

Bought with James Dager • Keller Williams Elite Realty

Redfin checked: a few seconds ago

•Source:CANOPYMLS as Distributed by MLS Grid #4345037

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 28704, NC

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.5%

0.7% MoM

Median sale price

$560K

$63K MoM

Avg. days on market

74d

5 days MoM

Recently sold homes

1 MoM

New listings for sale

3D WALKTHROUGH
$529,000
3 beds3 baths2,162 sq ft
208 Ball Gap Rd, Arden, NC 28704
3D WALKTHROUGH
$800,000
3 beds3 baths3,160 sq ft
1341 Double Knob Dr, Arden, NC 28704
$395,000
3 beds2 baths1,556 sq ft
31 Southwicke Dr, Arden, NC 28704
3D WALKTHROUGH
$525,000
3 beds2 baths1,758 sq ft
23 Cozy Cottage Way, Arden, NC 28704
$1,400,000
6 beds4 baths2,922 sq ft
337 & 345 Avery Creek Rd, Arden, NC 28704
FOR SALE BY OWNER
$239,900
2 beds2 baths1,014 sq ft
16 Pond St, Arden, NC 28704
$750,000
3 beds3 baths2,279 sq ft
189 Waightstill Dr, Arden, NC 28704
$3,695,000
4 beds3.5 baths6,094 sq ft
1905 White Tree Trl, Arden, NC 28704
See all

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Sale and tax history for 2147 Brevard Rd

Sale History
Tax History

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #4345037

Oct 29, 2026

Sold

$1,900,000

$154/sq ft

May 14, 2026

Contingent

—

Apr 28, 2026

Price Changed

$2,650,000

$214/sq ft

Feb 10, 2026

Listed

$2,800,000

$226/sq ft

APPFOLIO #4

Jan 18, 2025

Rental Removed

$1,995

$0/sq ft

Jan 3, 2025

Listed for Rent

$1,995

$0/sq ft

Dec 19, 2024

Rental Removed

$1,995

$0/sq ft

Nov 15, 2024

Price Changed

$1,995

$0/sq ft

Nov 2, 2024

Listed for Rent

$2,195

$0/sq ft

APPFOLIO #3

Sep 25, 2024

Rental Removed

$1,595

$0/sq ft

Sep 6, 2024

Listed for Rent

$1,595

$0/sq ft

APPFOLIO #2

Aug 1, 2024

Rental Removed

$1,595

$0/sq ft

Jul 19, 2024

Listed for Rent

$1,595

$0/sq ft

APPFOLIO #1

Sep 23, 2023

Rental Removed

—

Sep 3, 2023

Listed for Rent

—

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Buncombe County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 28, 2023.

R-1

Residential District

The R-1 Residential District is primarily intended to provide locations for single-family and two-family residential development and supporting recreational, community service, and educational uses in areas where public water and sewer services are available or will likely be provided in the future. This district is further intended to protect existing subdivisions from encroachment of incompatible land uses, and this district does not allow manufactured home parks.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use building
Recreation

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Parking Lot

Interior

Laundry Room Information
Laundry Features: In Unit

Basement Information
Has Basement
Basement Features: Other

Fireplace Information
Fireplace Features: Gas

Heating & Cooling
Heating Information: Central, Forced Air, Heat Pump, Natural Gas
Cooling Information: Central Air
Sq. Ft. Unheated Basement: 1,689

Interior Features
Appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator

Multi-Family Financial Information
Owner Pays: Exterior Maintenance, Management, Snow Removal, Trash Collection, Water

Multi-Unit Information
# of Units (Total): 10

Unit Type 1 Information
# of Units: 10

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Vinyl
Roof: Composition

Exterior Features
Patio And Porch Features: Deck

Waterfront Information
Waterfront Features: None

Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Property Sub Type Additional: Other
Has Additional Parcels
Zoning: R-1
Zoning Specification: R-1

Lot Information
Lot Size Area: 2.85
Lot Size Units: Acres
Road Surface Type: Asphalt, Paved
Road Responsibility: Private Maintained Road

Financial

Lease / Rent Details
Tenant Pays: Cable TV, Electricity, Gas

Utilities

Utility Information
Water Source: Well
Sewer: Septic Installed

Location

HOA Information
HOA Subject To: None

School Information
Elementary School: Avery's Creek/Koontz
Middle Or Junior High School: Valley Springs
High School: T.C. Roberson

Community Information
Pets Allowed: Yes

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Buncombe County
APN: —

Home facts updated by county records on May 28, 2023

Other

Auction Information
Is Auction: 0

Listing Information
Exception YN: 0

Green Information
Green Verification Count: 0

Home Information
Living Area: 12372
Above Grade Finished Area: 12,372
Building Area Total: 12372
Foundation Details: None

Team Information
Buyer Team ID: TM100014
Buyer Team Mls Id: JPG

Around this home

Schools

Avery's Creek Elementary

Public PreK-4 • Assigned • 2.3mi

7/10

Valley Springs Middle

Public 5-8 • Assigned • 3.4mi

9/10

T C Roberson High

Public PreK-12 • Assigned • 3.6mi

7/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

8 days above 97° expected this year, 21 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Arden, NC • 28704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 28704

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FOR SALE BY OWNER

$239,900

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$3,695,000

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1905 White Tree Trl, Arden, NC 28704

Soaring ceilings • 1.24 acre lot • 3 garage spots

Home values near 2147 Brevard Rd

Data from public records.

Address	Redfin Estimate
2224 Brevard Road, Arden, NC 3 Beds \| 4.5 Baths \| 3551 Sq. Ft.	$893,788
2153 Brevard Road, Arden, NC 4 Beds \| 2.5 Baths \| 3250 Sq. Ft.	$882,206

Address	Redfin Estimate
2147 Brevard Road #8, Arden, NC 4 Beds \| 3 Baths \| 2160 Sq. Ft.	$379,598
2147 Brevard Road #4, Arden, NC 4 Beds \| 3 Baths \| 2160 Sq. Ft.	$376,489

Address	Redfin Estimate
2147 Brevard Road #1, Arden, NC 4 Beds \| 3 Baths \| 2416 Sq. Ft.	$417,596
2147 Brevard Road #10, Arden, NC 5 Beds \| 3.5 Baths \| 2734 Sq. Ft.	$493,437

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 28704, NC

Homeowner tools

Sale and tax history for 2147 Brevard Rd

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 28704

Home values near 2147 Brevard Rd

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