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Four-Unit Short-Term Rental Portfolio
For Sale
$1,600,000

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

MULTI_FAMILY - Asheville, NC

Property SizeContact for details
Lot Size1.13 Acres
Days on Market19

Property Features for 27 29 & 31 A/B Brown Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-3
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 1, Laundry Room, Bathroom 2, Bedroom 4, Bathroom 6, Bedroom 6
Parking features Driveway
Patio and Porch features Deck
Exterior features Hot Tub
Fireplace 1
Appliances Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 962618530100000
Lot size 1.13 Acres

Taxes and HOA fees

Tax Description See deed
Legal Description See deed

Utilities

Cooling system Central Air
Water source Well

Building Details

Year built 1973
Number of units 4
Building materials Wood
Listing Agency: EXP Realty LLC
Listed By: Tyler Coon · License #313885
Added: Jul 24 Changed: Aug 10 Last Checked: Aug 11 at 10:06PM
MLS# 4406408

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.

Four independent accommodations offered as a short-term rental portfolio, arranged across a duplex and two separate cottages. The duplex was constructed in 1973, and the two independent cottages were constructed in the mid-1990s, providing four separate lodging options on the property. The exterior includes a hot tub and deck space, and each residence is designed for private guest accommodations.

The portfolio is offered fully furnished and is operating as a short-term rental. Construction is wood with central air cooling, and the property is served by a well for water. Each unit includes in-home laundry conveniences (washer and washer/dryer) along with a kitchen appliance package that features a dishwasher, electric range, and refrigerator. Parking is available via driveway access.

The offering comprises two parcels with four independent accommodations, giving an owner flexibility for rental strategy and personal use.

Key Highlights

  • 1.125‑acre four‑unit short‑term rental portfolio across two parcels
  • Duplex constructed in 1973 plus two independent cottages constructed in the mid‑1990s
  • Offered fully furnished and operating as a short‑term rental portfolio

Property Analytics

Current Use

Short term rental ...

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Four separate units on 1.125 acres, including hot tub, central air, and a driveway for guest convenience.
Where is this short term rental property located?
The property is located at 27 29 & 31 A/B Brown Road Asheville, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1.125‑acre four‑unit short‑term rental portfolio across two parcels; Duplex constructed in 1973 plus two independent cottages constructed in the mid‑1990s; Offered fully furnished and operating as a short‑term rental portfolio
More about this property
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