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27,29 & 31 A/B Brown Road, 
Asheville, NC 28806

$1,600,000


6

Beds


6

Baths


3,440

Sq Ft


Multi-Family

Active

Listed by

Tyler Coon

eXp Realty LLC.

Last updated:

July 27, 2026, 01:17 PM

MLS#

4406408

Source:

CH

About This Home

27,29 & 31 A/B Brown Road

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 appeal to couples, families, and small groups, 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.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1973

Price Summary

1,600,000

$465 per Sq. Ft.

MLS #:

4406408

Last Updated:

July 27, 2026, 01:17 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,440 Sq. Ft.


Structure

Structure

Building Area:

3,440 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

49,005


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$465 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.