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Two-Home Multifamily Property
For Sale
$865,000

200 Courtland Place, Asheville, NC 28801

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.23 Acres
Days on Market16

Property Features for 200 Courtland Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RS8
Zoning description RS8
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Laundry Room, Bedroom 1, Basement, Bedroom 5, Bathroom 1, Kitchen, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
Parking features Driveway, Garage, Garage - Attached
Window features Insulated Windows
Patio and Porch features Deck, Patio, Porch
Pets allowed Call
Interior features Attic Finished, Attic Other, Attic Stairs Fixed, Attic Walk In, Breakfast Bar, Storage
Fireplace 1
Basement Storage Space, Finished, Exterior Entry, Walk-Up Access, Full, Walk-Out Access, Dirt Floor, Interior Entry, Apartment
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Dryer, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer/Dryer
Subdivision Montford
Lot features Cul-De-Sac
Elementary school Isaac Dickson
Middle school Asheville
High school Asheville
Standard status Active
APN 9639-91-1648-00000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description DEED DATE: 2023-04-10 DEED: 6309-1457 SUBDIV: COURTLAND PL BLOCK: B LOT: 104 & 105 SECTION: PLAT: 0011-0087
Legal Description DEED DATE: 2023-04-10 DEED: 6309-1457 SUBDIV: COURTLAND PL BLOCK: B LOT: 104 & 105 SECTION: PLAT: 0011-0087

Utilities

Sewer type Public Sewer
Heating system Kerosene, Electric (Heating), Forced Air, Natural Gas, Baseboard
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 1942
Floors in Building 3
Number of units 3
Flooring type Vinyl, Wood
Building materials Asbestos, Wood
Roof type Shingle
Additional Structures Storage, Other
Listing Agency: Howard Hanna Beverly-Hanks Freestone Properties
Listed By: Mike Blumenfeld
Added: Sep 21 Changed: Oct 5 Last Checked: Oct 6 at 4:06AM
MLS# 4427261

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 multifamily property comprises two residences, each with two bedrooms. One home includes a finished basement apartment with a kitchenette, interior access to the main house, and a separate entrance from a stone patio. A finished attic and additional unfinished storage space are also present. The second residence is a stand-alone Four Square-style home with newer windows and decorative fireplace mantels; it has long-term tenants on a month-to-month lease. A full-footprint, dirt-floor garage beneath this home provides additional storage.

The property occupies 0.23 acres and is zoned RS8. It is near Asheville’s historic Montford district and downtown, with neighborhood dining and local destinations within walking distance. Built in 1942, the property has public sewer service.

Key Highlights

  • Two separate residences, each with 2 bedrooms
  • Finished basement apartment with kitchenette, interior connection, and private exterior entrance
  • Finished attic plus additional unfinished storage space

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Barber Shop (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby

Demographics for 28801, NC

15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Separate residences include a basement apartment with its own exterior entrance.
Where is this multifamily property located?
The property is located at 200 Courtland Place Asheville, NC.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two separate residences, each with 2 bedrooms; Finished basement apartment with kitchenette, interior connection, and private exterior entrance; Finished attic plus additional unfinished storage space
More about this property
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