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Brick Duplex with Basements
New
For Sale
$650,000

2 Adamswood Road, Asheville, NC 28803

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.26 Acres
Days on Market4

Property Features for 2 Adamswood Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RS4
Zoning description RS4
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 2
Parking features Garage, Garage - Attached, Underground/Basement, Driveway
Patio and Porch features Patio, Deck
Pets allowed Yes
Fireplace 1
Basement Interior Entry, Full, Unfinished, Storage Space, Exterior Entry, Walk-Out Access
Appliances Dishwasher, Microwave, Refrigerator, Washer/Dryer
Subdivision Adamswood
Elementary school Oakley
Middle school Asheville
High school Asheville
Directions From downtown Asheville, take Biltmore Avenue south through Biltmore Village and continue on Hendersonville Road. Turn left onto Caribou Road between CVS and the fire station. At the 90-degree left bend in Caribou Road, turn right onto Adamswood Road. The duplex is in front of you, 2 and 4 Adamswood Road
Standard status Active
APN 9656-19-2302-00000
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description DEED DATE:01/08/2020 DEED:5852-0719 SUBDIV:ADAMSWOOD LOT:28 PLAT:0032-0125
Legal Description DEED DATE:01/08/2020 DEED:5852-0719 SUBDIV:ADAMSWOOD LOT:28 PLAT:0032-0125

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

rear deck
basement with laundry
garage parking
storage

Building Details

Year built 1977
Floors in Building 1
Number of units 2
Flooring type Wood, Vinyl
Building materials Brick Full
Roof type Shingle
Architectural style Ranch
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Steve Cooper
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 29 at 9:06AM
MLS# 4435406

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.

Rey
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Investment Insights

Based on property information with market context.

This 1977 brick duplex in Asheville contains two residences, each with two bedrooms and a separate portion of the rear deck. Each unit also has its own basement with laundry, garage parking, and storage. The property includes a driveway and sits on 0.26 acres in RS4 zoning. Both residences are currently leased, with lease terms ending December 31, 2026. Tenants may be open to remaining, while any future owner occupancy is subject to the existing tenancies.

The property is in the South Asheville area near Biltmore Forest. Shopping and dining are nearby, as are Biltmore Estate and Mission Hospital.

Key Highlights

  • Brick duplex built in 1977 on a 0.26‑acre RS4‑zoned site
  • Two residences, each with two bedrooms and a section of the rear deck
  • Separate basement for each residence with laundry, garage parking, and storage

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased through December 31, 2026; future owner occupancy is subject to the existing tenancies.
Where is this duplex located?
The property is located at 2 Adamswood Road Asheville, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Brick duplex built in 1977 on a 0.26‑acre RS4‑zoned site; Two residences, each with two bedrooms and a section of the rear deck; Separate basement for each residence with laundry, garage parking, and storage
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