For Sale
Multi family home for sale at 27,29 & 31 A/b Brown Rd, Asheville, NC 28806 | MLS# 4406408 | Listing updated on 2026-10-02
Photo 1 of Multi family home for sale at 27,29 & 31 A/b Brown Rd, Asheville, NC 28806 | MLS# 4406408 | Listing updated on 2026-10-02
Photo 2 of Multi family home for sale at 27,29 & 31 A/b Brown Rd, Asheville, NC 28806 | MLS# 4406408 | Listing updated on 2026-10-02
Photo 3 of Multi family home for sale at 27,29 & 31 A/b Brown Rd, Asheville, NC 28806 | MLS# 4406408 | Listing updated on 2026-10-02
Photo 4 of Multi family home for sale at 27,29 & 31 A/b Brown Rd, Asheville, NC 28806 | MLS# 4406408 | Listing updated on 2026-10-02
44+
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Street View

$1,529,000

Monthly Est:$7,610

  • Beds Icon6 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,440sqft

27,29 & 31 A/b Brown Rd, Asheville, NC 28806

$7,610/moEst:

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  • Multi Family

  • Built in 1973

  • $-- HOA

  • 1.12 acres lot

  • $444/sq.ft

Description

Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment.

Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants,
and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential.

Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: October 2, 2026 at 1:39 pm
  • Listing Provided by: Tyler Coon (828) 620-2541 | EXP Realty LLC (888) 584-9431
  • Source: Canopy MLS | MLS#: 4406408 Canopy MLS

Part of

Building
27,29 & 31 A/b Brown Rd
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Buncombe County

  • City

    Asheville

  • Neighborhood

    --

  • Year Built

    1973

  • HOA Fees

    -

  • Finished Area

    3,440 sqft

  • Lot Size

    1.12 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4406408

  • MLS Status

    Active

  • Days on Market

    77

  • Cumulative Days on Market

    70

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 6

Interior

  • Appliances

    Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/dryer

  • Sewer

    Septic Installed

  • Cooling

    Central Air

  • Heating

    Other See Remarks

  • Exterior Features

    Hot Tub

Construction

  • Year Built

    Year Built: 1973

  • Home type

    Multi Family

  • Foundation Details

    Crawl Space

  • Construction Materials

    Wood

Utilities & Energy

  • Laundry Features

    Laundry Room

  • Parking Features

    Driveway, Shared Driveway

  • Fireplace Features

    Living Room

  • Water Source

    City, Shared Well

Other Features

  • Tenant Pays

    Other

  • Patio And Porch Features

    Covered, Deck

Price History

DateEventPrice

07/24/2026

Source: mls_logoCanopy MLS #CAR4406408

Price Decreased

$1,529,000 -4.44%

$444/sqft

07/24/2026

Source: mls_logoCanopy MLS #CAR4406408

Listed for Sale

$1,600,000

$465/sqft

Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 09, 2026, 09:45AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

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