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Renovated Duplex Cottages
For Sale
$444,000

15 and 16 Cottage Drive, Asheville, NC 28805

MULTI_FAMILY - Cottage - Asheville, NC

Property SizeContact for details
Lot Size0.19 Acres
Days on Market72

Property Features for 15 and 16 Cottage Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RS8
Zoning description RS8
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking features Driveway
Patio and Porch features Deck
Pets allowed Yes
Interior features Open Floorplan
Appliances Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Subdivision Homeland Park
Lot features Wooded
Elementary school Charles C Bell
Middle school AC Reynolds
High school AC Reynolds
Directions From Downtown Asheville take I-240 to exit 7. Follow Hwy 70/Tunnel Rd east 1.5 miles to right on Hwy 81/Swannanoa River Rd. Immediate left into Homeland Park Community. Immediate right on Cottage Drive to #16 on the right. There's parking in front of 15 or 16 Cottage Dr.
Standard status Active
APN 9668-16-9647 & 9668-16-9742
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description DEED DATE: 2023-06-20 DEED: 6328-583 SUBDIV: HOMELAND PARK BLOCK: LOT: 15 SECTION: A PLAT: 0024-0051
Legal Description DEED DATE: 2023-06-20 DEED: 6328-583 SUBDIV: HOMELAND PARK BLOCK: LOT: 15 SECTION: A PLAT: 0024-0051

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless

Amenities

vinyl plank flooring
min-splits
washer/dryer
back decks
off-street parking
storage shed

Building Details

Year built 1930
Number of units 2
Flooring type Vinyl
Building materials Log
Roof type Metal
Architectural style Cottage
Additional Structures Outbuilding
Listing Agency: Mosaic Community Lifestyle Realty
Listed By: Carol Marin · License #242121
Added: Jun 11 Changed: Aug 13 Last Checked: Aug 21 at 5:06PM
MLS# 4392051

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 duplex offering comprises two renovated studio cottages at 15 and 16 Cottage Drive, conveyed together. Each unit has an open floor plan, vinyl flooring, a bathroom, a bedroom, a private back deck, ductless heating and cooling, and washer/dryer equipment. The sale includes most furnishings and equipment, supporting continued use as 30-day rentals. The property is situated on 0.19 acres and carries RS8 zoning.

The cottages are located in Asheville’s Homeland Park, a community established in the 1930s, with access to Downtown Asheville, the Blue Ridge Parkway, the VA Hospital, and Black Mountain described as minutes away. Public sewer serves the property. The 15 Cottage residence includes driveway parking and a storage shed, while both cottages provide compact, efficient accommodations with deck space and metal roofing.

Key Highlights

  • Two renovated studio cottages offered together at 15 and 16 Cottage Drive
  • 0.19‑acre property with RS8 zoning
  • 30‑day rental use with solid rental income history available

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Grocery & Convenience Store Building Supply Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby

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

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

What type of property is this?
Duplex - Paired rental units feature efficient layouts, private decks, laundry appliances, ductless climate control, and driveway parking.
Where is this duplex located?
The property is located at 15 and 16 Cottage Drive Asheville, NC.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: Two renovated studio cottages offered together at 15 and 16 Cottage Drive; 0.19‑acre property with RS8 zoning; 30‑day rental use with solid rental income history available
More about this property
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