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Furnished Duplex
For Sale
$649,000

71 and 73 Panorama Drive, Asheville, NC 28806

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.36 Acres
Days on Market145

Property Features for 71 and 73 Panorama Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning OU
Zoning description OU
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 4, Bathroom 6, Bedroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Laundry Room, Bedroom 2
Window features Insulated Windows
Patio and Porch features Patio
Pets allowed Yes
Appliances Dishwasher, Dryer, Electric Oven, Microwave, Oven, Refrigerator, Washer/Dryer
Elementary school West Buncombe/Eblen
Middle school Clyde A Erwin
High school Clyde A Erwin
Directions From New Leicester Hwy, go north on O' Donald Rd, Left on Mt Carmel, right on Old Leicester HWY, left on Panorama
Standard status Active
APN 9720-27-6118-00000
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description DEED DATE: 2022-08-31 DEED: 6254-449 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000
Legal Description DEED DATE: 2022-08-31 DEED: 6254-449 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Electric

Building Details

Year built 2019
Floors in Building 2
Number of units 2
Flooring type Carpet, Vinyl
Building materials Vinyl
Listing Agency: EXP Realty LLC
Listed By: Mike Szabo
Added: May 5 Changed: Sep 21 Last Checked: Sep 26 at 6:06PM
MLS# 4378085

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 well-maintained duplex was built in 2019 and contains two separately configured residences. Each unit offers 2 bedrooms and 2.5 bathrooms, along with a furnished interior, kitchen appliances, laundry equipment, and a patio. Vinyl construction, carpet and vinyl flooring, electric cooling, and heat-pump heating support a practical, low-maintenance setup. The property includes a dishwasher, electric oven, microwave, refrigerator, and washer/dryer in the appliance package.

Both units are currently occupied, with leases in place at market rates. The property sits on 0.36 acres at 71 and 73 Panorama Drive in Asheville, with downtown Asheville approximately 15 minutes away. The surrounding setting combines residential character with access to dining, shopping, and outdoor recreation. OU zoning is also identified for the property.

Key Highlights

  • Two‑unit duplex built in 2019
  • Each residence includes 2 bedrooms and 2.5 bathrooms
  • Both units are furnished and currently tenant‑occupied

Property Analytics

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Current Use

Hopetown Homes Vacation Rental

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store HVAC Service Electrical Service

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer flexible occupancy options with patios, modern finishes, and convenient access to Asheville amenities.
Where is this duplex located?
The property is located at 71 and 73 Panorama Drive Asheville, NC.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2019; Each residence includes 2 bedrooms and 2.5 bathrooms; Both units are furnished and currently tenant‑occupied
More about this property
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