1 & 3 Freeport Lane, Asheville, NC 28806
Local realty services provided by:Better Homes and Gardens Real Estate Heritage
Listed by:barry bialik
Office:dirt & sticks, inc.
MLS#:4318398
Source:CH
1 & 3 Freeport Lane,Asheville, NC 28806
$525,000
- 4 Beds
- 4 Baths
- 1,572 sq. ft.
- Multi-family
- Active
Price summary
- Price:$525,000
- Price per sq. ft.:$333.97
About this home
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.
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Home facts
- Year built:2025
- Listing ID #:4318398
- Updated:November 03, 2025 at 12:06 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Living area:1,572 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Ductless
Structure and exterior
- Roof:Metal
- Year built:2025
- Building area:1,572 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Asheville
- Elementary school:Asheville City
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$333.97
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