Cottage Triplex with Loft
For Sale
$1,250,000
260 Bull Creek Rd, Asheville, NC 28805
Three detached rental homes offer varied layouts, covered porches, updated exteriors, and dedicated storage improvements.
Property Size2,764 SF
Lot Size1.60 Acres
Price / SF$452.24
Days on Market38
Property Features for 260 Bull Creek Rd
General Information
Standard status
Active
Size
2,764 SF
Lot size
1.60 Acres
Property subtype
Multi-Family
Financials
Gross Income
$72,000
Average Monthly Rent
$2,000
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Building Details
Year Built
2009
Listing Agency:
HomeZu
(888) 875-4218
Listed By:
Susan Ayers · License #347205
Source:
Lewisandkirk
Added: Jul 25
Changed: Aug 29
Last Checked: Aug 30 at 6:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeZu
Investment Insights
Based on property information with market context.
This multifamily property consists of three detached cottages completed in 2009 on a 1.6-acre parcel. The primary residence includes two bedrooms, one bathroom, cathedral ceilings, a gas fireplace, granite countertops, hardwood flooring, and a covered front porch. Two matching cottages each provide one bedroom, one bathroom, a loft, vaulted ceilings, front and rear covered porches, granite counters, hardwood flooring on the main level, a covered carport, and unfinished loft-level storage. Appliances are included in all three homes, with stacking washer/dryers in the two smaller cottages.
The exteriors were painted in 2024, and each cottage has a new HVAC unit. Two leases are month-to-month, while the remaining lease converts to month-to-month on September 1. The homes have been continuously occupied by long-term tenants since completion. Additional improvements include a covered RV port/storage area and a 768-square-foot garage/workshop with access from Bull Creek Rd. The property sits in a creek valley without through traffic, with walking, bicycling, and running activity described in the surrounding area.
The exteriors were painted in 2024, and each cottage has a new HVAC unit. Two leases are month-to-month, while the remaining lease converts to month-to-month on September 1. The homes have been continuously occupied by long-term tenants since completion. Additional improvements include a covered RV port/storage area and a 768-square-foot garage/workshop with access from Bull Creek Rd. The property sits in a creek valley without through traffic, with walking, bicycling, and running activity described in the surrounding area.
Key Highlights
- Three detached cottages on a 1.6‑acre lot
- Unit mix includes one 2‑bedroom home and two 1‑bedroom loft cottages
- All three homes completed in 2009 and consistently rented since completion
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 28805, NC
18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three detached rental homes offer varied layouts, covered porches, updated exteriors, and dedicated storage improvements.
Where is this triplex located?
The property is located at 260 Bull Creek Rd Asheville, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three detached cottages on a 1.6‑acre lot; Unit mix includes one 2‑bedroom home and two 1‑bedroom loft cottages; All three homes completed in 2009 and consistently rented since completion
