1 & 3 Freeport, Asheville, NC. property listing photo
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$490,000

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1 & 3 Freeport, Asheville, NC 28806

Asheville, NC 28806

4

bedrooms

0

baths

1,572

sq.ft.

$312

price per sf

Property TypeResidential Income
Year Built2025
Days on Market45
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

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.

About the Neighborhood

Looking for the perfect Residential Income in Asheville? The 28806 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.

Property Features

Property Description

  • Beds Total: 4
  • Half Baths: 2
  • Stories: 2
  • Year Built: 2025
  • Living Area: 1,572 sqft
  • New Construction: Yes
  • MLS #: 4318398

Additional Home Features

  • Subdivision: None

Association

  • Association Fee Frequency: Annually
  • HOA Required: No

Interior Features

  • Open Floorplan
  • Pantry
  • Heating: Ductless
  • Cooling: Ceiling Fan(s), Ductless
  • Electric Dryer Hookup
  • Upper Level

Appliances

  • Dishwasher
  • Disposal
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Refrigerator

Construction Materials

  • Hardboard Siding
  • Wood
  • Foundation: Crawl Space
  • Roof: Metal

Cooling

  • Ceiling Fan(s)
  • Ductless

Foundation Details

  • Crawl Space

Heating

  • Ductless

Laundry Features

  • Electric Dryer Hookup
  • Upper Level

Parking Features

  • Driveway
  • 0

Exterior Features

  • Patio/Porch: Awning(s)

Pets Allowed

  • Call

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Gravel, Concrete

Sewer

  • Public Sewer

WaterSource

  • City

Architectural Style

  • Cottage
  • Modern

Security Features

  • Carbon Monoxide Detector(s)

Flooring

  • Bamboo
  • Vinyl
  • Wood

Fireplace

  • Fireplace: No

Tax and Financial Info

  • Listing Terms: Cash, Conventional, FHA

Location

Schools

Elementary

Asheville City

Middle

Asheville

High School

Asheville

LISTING COURTESY OF: DIRT & STICKS, INC.

barry@dirtandsticks.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dirt & Sticks, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.

Carnarri Cofield

$490,000

1 & 3 Freeport

4 bed, 0 bath