27, 29 & 31 A/B Brown Road Asheville, NC 28806 -- MLS# 4406408

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27, 29 & 31 A/B Brown Road
Asheville, NC 28806
FOR
SALE
$1,600,000
Active
6
Beds
6
Baths
3,440
Sqft
1973
Yr. Built
MLS# 4406408
Cumulative Days on Market: 58 · Includes prior listings · Currently listed since 07/24/26 · Data provided by the MLS.

Property 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.

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Property Highlights

Property Type
Residential Income
Property Sub Type
Portfolio
Bedrooms
6
Total Bathrooms
6
Living Area
3,440
Price / Sqft
$465
Year Built
1973
Cumulative Days On Market
56

Location

City/Township
Asheville
County
Buncombe

Property Details

Price
$1,600,000
Property Type
Residential Income
Property Sub Type
Portfolio

Building

Total Area
3,440

Community

Local Schools

Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
6
Full Bathrooms
6
Bedrooms
6

Area and Spaces

Living Area
3,440
Above Grade Finished Area
3,440
Number of Units
4

Appliances

Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer

Interior Features

Laundry Features
Laundry Room
Fireplace Features
Living Room

Heating and Cooling

Heating Features
Other - See Remarks
Has Fireplace
Yes

Building Details

Construction

Year Built
1973
Foundations
Crawl Space

Materials

Construction Materials
Wood

Terms

Rental Terms

Owner Pays
Other - See Remarks

Terms

Special Conditions
Subject to Lease
Special Terms
Cash, Conventional, FHA
Cumulative Days On Market
56

Taxes

Tax

Tax Assessed Value
544600.00

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Septic Installed
Water Source
City, Shared Well

Lot

Lot Size
1.13
Road Surface
Gravel, Paved

Exterior Features

Exterior Features
Hot Tub
Patio And Porch Features
Covered, Deck

Parking

Parking Features
Driveway, Shared Driveway
Listed by EXP Realty LLC, tyler@savvy.realty
Listing Data last updated 09/21/2026 04:40 am
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Property History

2 days ago
Property information last updated
58 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 58 days (includes prior listings) · Currently listed since July 24, 2026. Data provided by the MLS.

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