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    5 Arbutus Rd Asheville, NC 28805

    For Sale
    $420,000

    MULTI_FAMILY - Cottage - Asheville, NC

    Lot size:
    0.16 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 5 Arbutus Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS8
    Rooms
    Basement, Bathroom 2, Bathroom 1
    APN
    9668-16-4385-00000
    Parking
    2
    Parking features
    Driveway
    Patio and Porch features
    Deck, Porch
    Pets allowed
    Yes
    Fencing
    Privacy
    Basement
    Apartment, Finished, Exterior Entry
    Appliances
    Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace
    Cooling system
    Ceiling Fan(s), Wall Unit(s)

    Building Details

    Year built
    1945
    Number of units
    2
    Flooring type
    Tile, Vinyl, Wood
    Building materials
    Block, Hard Stucco, Wood
    Roof type
    Composition
    Architectural style
    Cottage

    Mosaic Community Lifestyle Realty (828) 337-8190 [email protected]

    Listing agent Carol Marin (828) 545-2712

    Listing date Nov 21, 2025

    MLS# 4280642 Listing URL

    Copyright © 2025 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.

    Overview

    Charming East Asheville Cottage Duplex

    This is a turn-key income-producing opportunity featuring a charming East Asheville cottage with a separate lower-level apartment. The property is being sold fully equipped and furnished. Both units have private entrances, parking, decks, and outdoor spaces. The upper-level unit features two bedrooms, spacious layout, vaulted ceilings, and original wood flooring. A light-filled living area provides access to the deck and yard. The well-equipped kitchen offers ample cabinet storage and workspace. The larger of the two bedrooms includes a private outdoor balcony, and there is a laundry closet with a stacked washer and dryer. The lower-level guest apartment is also fully furnished and includes a living room, full kitchen, a bonus room or bedroom (no egress), and a full-size washer and dryer. The property is located in a convenient East Asheville location, close to shopping, the Blue Ridge Parkway, Nature Center, VA hospital, and downtown Asheville. The lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.493656
    Latitude
    35.585709

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    FAQs

    What type of property is this?
    Duplex - Turn-key income opportunity in a convenient East Asheville location.
    Where is this duplex located?
    The property is located at 5 Arbutus Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Turn-key, income-producing property with two fully furnished units.; - Separate lower-level apartment provides rental income potential or guest suite.; - Each unit has private entrance, parking, deck, and outdoor space.
    (828) 545-2712
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Arbutus Rd Asheville, NC 28805
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