Two-Unit Multifamily
For Sale
Under Contract
$289,900
20 Homewood Drive, Asheville, NC 28803
Residential Income, Asheville, NC
Property SizeContact for details
Lot Size0.50 Acres
Days on Market136
Property Features for 20 Homewood Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RS8
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking features
Driveway, Carport
Patio and Porch features
Porch
Exterior features
Storage
Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Lot features
Cul-De-Sac
Elementary school
Oakley
Middle school
AC Reynolds
High school
AC Reynolds
Directions
GPS is accurate
Standard status
Active Under Contract
APN
9658-40-4401-00000
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
Deed Date 11/07/2018 Deed 5718-0685 Plat 0000-0000
Legal Description
Deed Date 11/07/2018 Deed 5718-0685 Plat 0000-0000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Oil
Cooling system
Ceiling Fan(s), Wall Unit(s)
Building Details
Year built
1947
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Aluminum
Roof type
Metal, Composition
Additional Structures
Storage
Listing Agency:
Southern Homes of the Carolinas, Inc
(704) 896-2000
Listed By:
Laurie Bonilla · License #283038
(828) 559-7784
Added: Apr 10
Changed: Aug 19
Last Checked: Aug 23 at 10:06PM
MLS# 4368464
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.
Investment Insights
Based on property information with market context.
This multifamily property includes an Oakley bungalow and a vintage single-wide manufactured home, creating two separate residential units on adjoining parcels. The manufactured home has two bedrooms and one bathroom, along with its own electric meter. The bungalow includes a detached carport and two sheds, while an additional shed serves the manufactured home. Exterior features include a porch, driveway parking, aluminum siding, and a combination of metal and composition roofing. Public sewer serves the property, which was built in 1947.
Set at the end of a cul-de-sac in Asheville’s Oakley community, the property is near breweries, restaurants, shopping, the Biltmore Estate and Village, and Downtown Asheville. Highway connectivity is also noted. The homes are occupied, and showings require care not to disturb residents.
Set at the end of a cul-de-sac in Asheville’s Oakley community, the property is near breweries, restaurants, shopping, the Biltmore Estate and Village, and Downtown Asheville. Highway connectivity is also noted. The homes are occupied, and showings require care not to disturb residents.
Key Highlights
- Two residential units on two PINs totaling 0.5 acres
- Manufactured home offers two bedrooms and one bath
- Manufactured home has its own electric meter
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 28803, NC
34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Separate residences provide options for owner occupancy, leasing, or multigenerational use in Asheville’s Oakley community.
Where is this multifamily property located?
The property is located at 20 Homewood Drive Asheville, NC.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two residential units on two PINs totaling 0.5 acres; Manufactured home offers two bedrooms and one bath; Manufactured home has its own electric meter
