Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis...
A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf.
Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders.
According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32,328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%.
Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.
Property Type(s):
Multi Family
|
Tract
|
None
|
Year Built
|
2025
|
|
Community
|
None
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Asheville City |
| Jr. High School |
Asheville |
| High School |
Asheville |
Additional Details
| AIR |
Ceiling Fan(s), Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator |
| BASEMENT |
Crawl Space |
| HEAT |
Ductless |
| INTERIOR |
Open Floorplan, Pantry |
| LOT |
9148 sq ft |
| LOT DESCRIPTION |
Paved |
| LOT DIMENSIONS |
50x170 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Cottage, Modern |
| SUBDIVISION |
None |
Location
Listed with Dirt & Sticks, Inc.
Date last updated: 1/7/26 1:20 AM PST
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This IDX solution is (c) Diverse Solutions 2026.
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