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9 Beds
9 Baths
4,036 sqft

$789,000

201 Birch Lane, Arden NC, 28704

Price per sqft$195.49
Built in2005
Property size4,036 sqft
Property typeMulti-family
Courtesy of Premier Sotheby’s International Realty, Leslie Young Listing Contact: 828-777-6162

Overview

Active

Listed Oct 12, 2026

Updated 18h ago

An exceptional investment opportunity in a convenient South Asheville location, just outside the Asheville city limits. This well-maintained triplex features three spacious townhomes, each offering three bedrooms, two-and-a-half baths, a gas fireplace, private patio and attached one-car garage. With an established rental history and all three units tenant-occupied, the property provides immediate rental income and an attractive opportunity for investors seeking an established, potential income-producing asset. Alternatively, an owner-occupant could enjoy the flexibility of living in one townhome while generating potential rental income from the other two units. Recent roof replacements, additional parking and consistent property maintenance further enhance its long-term investment appeal. An additional advantage is the property's Buncombe County NS (Neighborhood Service) zoning, which allows for a mix of residential, commercial, business and service uses. Permitted uses within this zoning district include multifamily residential, professional and business offices, retail establishments, restaurants and certain other neighborhood-oriented commercial services, offering flexibility for investors considering future uses or redevelopment opportunities, subject to applicable county requirements. The parcel provides the ability to add additional units. Conveniently just minutes from Biltmore Village, Asheville Regional Airport, shopping, dining and major transportation corridors, the property offers a desirable combination of location, functionality and rental potential. Whether expanding an investment portfolio, exploring the possibilities of mixed-use zoning or seeking a primary residence with potential supplemental rental income, this versatile property presents an excellent opportunity in the Asheville market.

$5,249/mo

Est. mortgage payment based on a $789,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4386730

Interior Features

Bedrooms
9
Bathrooms
9
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres

Other Property Details

Garage
Yes
Pets Allowed
Yes
55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor John Acosta shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 7:50 PM UTC on 10/14/2026. All data is obtained from various sources and may not have been verified by 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.

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