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Cape Cod Triplex with Three Cottages
For Sale
$1,250,000

260 Bull Creek Road, Asheville, NC 28805

MULTI_FAMILY - Cape Cod - Asheville, NC

Property SizeContact for details
Lot Size1.61 Acres
Days on Market47

Property Features for 260 Bull Creek Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning OU
Zoning description OU
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 3
Parking 2
Parking features Assigned, Garage - Detached, Driveway, RV, Garage, Carport, Open
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

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

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

Building Details

Year built 2009
Number of units 3
Flooring type Wood, Carpet, 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 · License #347205
Added: Jun 24 Changed: Aug 1 Last Checked: Aug 9 at 11:06AM
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.

Investment Insights

Based on property information with market context.

This Cape Cod triplex features three separate cottages on a 1.61-acre lot. The larger cottage offers two bedrooms and one bath with cathedral ceilings, a gas fireplace, a large covered front porch, a side entry porch, granite counters, and hardwood floors (carpeted bedrooms). It includes a gas range, refrigerator, and dishwasher.

The two additional cottages are mirror copies, each with one bedroom and one bath plus a loft. They include covered front and back porches, granite countertops, hardwood floors on the main level (loft is carpeted), a covered carport, and a large unfinished storage area on the loft level. Each 1-bedroom unit includes a refrigerator, electric range, dishwasher, and a stacking washer/dryer.

The three cottage exteriors were freshly painted in 2024, and new HVAC units were installed in all three homes (details by unit in the residential disclosure). Two leases are month-to-month, and one lease transfers to month-to-month on September 1. A bonus covered “RV-port”/storage area and a 768 SF garage/workshop provide additional space with access from Bull Creek Rd. Amenities include lawn maintenance and cable availability, and the property is served by a well.

Key Highlights

  • Three separate cottages on a 1.61‑acre lot
  • 2009‑built Cape Cod‑style triplex with gas fireplace in the larger cottage
  • Two 1‑bedroom cottages with lofts, covered porches, carports, and unfinished storage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electronics & Wireless Store Department Store

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

Multi-tenant
Tenancy
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - 2009-built Cape Cod triplex with three cottages, freshly painted exteriors, and new HVAC units.
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 $1,250,000.
What are key features of this property?
This property features: Three separate cottages on a 1.61‑acre lot; 2009‑built Cape Cod‑style triplex with gas fireplace in the larger cottage; Two 1‑bedroom cottages with lofts, covered porches, carports, and unfinished storage
More about this property
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