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9 Beds
9 Baths

$789,000

201 Birch Lane, Arden NC, 28704

Built in2005
Property typeOther

Overview

Active

Listed Oct 12, 2026

Updated 20h 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
Available since
October 12, 2026

Interior Features

Bedrooms
9
Bathrooms
9
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.35 Acres

 Courtesy of Leslie Young | Premier Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 3:03 PM UTC, 10/15/2026

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