1 & 3 Freeport Lane, Asheville, NC 28806

Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: barry bialik
Office: dirt & sticks, inc.
MLS#:4318398
Source:CH
1 & 3 Freeport Lane,Asheville, NC 28806
$490,000
  • 4 Beds
  • 4 Baths
  • 1,572 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$490,000
  • Price per sq. ft.:$311.7

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

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Home facts

  • Year built:2025
  • Listing ID #:4318398
  • Updated:December 17, 2025 at 09:58 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:$490,000
  • Price per sq. ft.:$311.7
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