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2147 Brevard Road Arden NC 28704US4345037
2147 Brevard Road ArdenNC28704
2800000.0000 1/1/1900 12:00:00 AM
G/M Property Group
1 /

Courtesy of: John Menkes, G/M Property Group, jmenk@gmproperty.com

2147 Brevard Road
Arden NC 28704 US

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1 /

Courtesy of: John Menkes, G/M Property Group, jmenk@gmproperty.com

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2147 Brevard Road
Arden NC 28704 US

$2,800,000

Active Listing ID 4345037
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Lot: 2.85 Acres
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Other

$2,800,000

Active Listing ID 4345037
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2147 Brevard Road 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.

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Property Features

  • Facts
  • Lot Size: 2.85 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Composition
  • Heating Fuels: Central, Forced Air, Heat Pump (Heating), Natural Gas
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Avery's Creek/Koontz(Elementary)
  • Valley Springs(MiddleSchool)
  • T.C. Roberson(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2800000
  • unparsedaddress: 2147 Brevard Road
  • postalcity: Arden
  • stateorprovince: NC
  • country: US
  • postalcode: 28704
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.85
  • lotsizeunits: Acres
  • lotsizearea: 2.85
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.444107
  • longitude: -82.574636
  • listagentfullname: John Menkes
  • listagentemail: jmenk@gmproperty.com
  • listagentkey: 3yd-CMLSNC-jome54844
  • listagentmlsid: jome54844
  • listagentpreferredphone: 8287745190
  • listagentofficephone: 8286069658
  • listofficekey: 3yd-CMLSNC-NCM12700
  • listofficemlsid: NCM12700
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1998
  • listingcontractdate: 2026-02-10
  • countyorparish: Buncombe
  • parcelnumber: 96335555790000
  • elementaryschool: Avery's Creek/Koontz
  • highschool: T.C. Roberson
  • appliances: Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Vinyl
  • heating: Central, Forced Air, Heat Pump (Heating), Natural Gas
  • numberofunitstotal: 10
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • patioandporchfeatures: Deck
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.57464, 35.444107
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"G/M Property Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jmenk@gmproperty.com", "ListBrokerageCity":"Asheville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"G/M Property Group", "ListBrokeragePhone":"8282814024", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"PO Box 18723", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"PO Box 18723 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM12700", "ListOfficeCity":"Asheville", "ListOfficeCountry":"USA", "ListOfficeEmail":"jgold@gmproperty.com", "ListOfficePostalCode":"28814", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Arden, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2147-Brevard-Rd_Arden_NC_28704_M99859-24175?f=listhub&s=CMLSNC&m=4345037&c=rexren", "MLSModificationTimestamp":"2026-02-11 10:13:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"See deed 5996/1433", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/11/2026 10:38:13 AM GMT
Source Updated Date: 2/14/2026 12:43:33 PM GMT

Courtesy of: John Menkes, G/M Property Group, jmenk@gmproperty.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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