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Three-Cottage Triplex with Workshop

260 Bull Creek Road, Asheville, NC 28805

For Sale
$1,150,000

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size1.61 Acres
Days on Market139

Property Features for 260 Bull Creek Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning OU
Zoning description OU
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Laundry Room, Bedroom 4, Bathroom 1
Parking 8
Parking features Carport, Open, Garage - Detached, Assigned, Garage, Driveway
Window features Insulated Windows
Patio and Porch features Porch
Pets allowed Yes
Exterior features Lawn Maintenance
Fireplace 1
Appliances Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer/Dryer
Lot features Creek/ Stream, Wooded
Elementary school WD Williams
Middle school Charles D Owen
High school Charles D Owen
Directions From DT Buncombe County Courthouse: I-240 WestBound for 1.7 miles to Exit 7, toward US 70. Turn left and continue East 1.8 miles on US 70 to left turn onto Riceville Rd. Continue 3.6 miles to left onto Bull Creek Rd--stay left at each 'y' in the road, continue 1.1 miles to #260 on the left.
Standard status Active
APN 9760-79-3067-00000
Lot size 1.61 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description DEED DATE: 03/14/2008 DEED: 4536-0542 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000
Legal Description DEED DATE: 03/14/2008 DEED: 4536-0542 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Utilities

Heating system Central, Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system Central Air, Ceiling Fan(s), Heat Pump, Electric
Water source Well

Building Details

Year built 2009
Number of units 3
Flooring type Carpet, Wood, Tile
Building materials Cedar Shake, Hardboard Siding, Stone Veneer
Roof type Composition
Architectural style Cape Cod
Additional Structures Workshop
Listing Agency: HomeZu
Listed By: Susan Ayers
Added: Jun 24 Changed: Oct 24 Last Checked: Nov 9 at 7:06AM
MLS# 4397044

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 triplex comprises three cottages on a 1.61-acre property in Asheville. The larger residence includes two bedrooms, one bathroom, cathedral ceilings, a gas fireplace, granite countertops, hardwood flooring, and two covered porches. The matching one-bedroom cottages each feature a loft, one bathroom, vaulted interiors, granite counters, hardwood floors on the main level, front and rear covered porches, a carport, and unfinished loft storage. Appliances include ranges, refrigerators, dishwashers, and washer/dryer units as specified by residence.

A 768 sq/ft detached garage/workshop has access from Bull Creek Rd. The homes were completed in 2009, their exteriors were repainted in 2024, and each has a new HVAC unit. Leases are month-to-month, with the residences consistently occupied by long-term tenants since completion. The property is served by a well and carries OU zoning.

Key Highlights

  • Three cottages situated on 1.61 acres in Asheville
  • Unit mix includes one 2‑bedroom home and two 1‑bedroom cottages with lofts
  • 768 sq/ft garage/workshop with access from Bull Creek Rd

Property Analytics

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Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
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
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?
Triplex - Two one-bedroom cottages and a two-bedroom home provide a flexible residential configuration with covered porches and upgraded interiors.
Where is this triplex located?
The property is located at 260 Bull Creek Road Asheville, NC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three cottages situated on 1.61 acres in Asheville; Unit mix includes one 2‑bedroom home and two 1‑bedroom cottages with lofts; 768 sq/ft garage/workshop with access from Bull Creek Rd
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