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.
Active
$789,000
201 Birch Ln, Arden, NC 28704
9beds
4,036sqft
Triplex
Built in 2005
-- sqft lot
$752,700 Zestimate®
$195/sqft
$-- HOA
What's special
Gas fireplaceTwo-and-a-half bathsPrivate patioThree spacious townhomesAttached one-car garageRecent roof replacementsAdditional parking
- 2 days
- 128
- 15
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Leslie Young 828-777-6162,
Premier Sotheby’s International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4386730
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 6
- 1/2 bathrooms: 3
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Laundry: Mud Room, In Unit, Inside, Main Level
Features
- Breakfast Bar, Open Floorplan, Storage
- Flooring: Carpet, Linoleum, Vinyl
- Doors: French Doors, Insulated Door(s)
- Windows: Insulated Windows, Window Treatments
- Has basement: No
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
- Finished area above ground: 4,036
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Attached Garage, Garage Faces Front, Parking Lot, Parking Space(s), Garage on Main Level
- Attached garage spaces: 3
- Uncovered spaces: 5
- Details: Each unit has a private 1 car garage attached to it. There are private spaces for each unit and then additional parking on property.
Features
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio
- Waterfront features: None
Lot
- Size: 0.35 Acres
- Features: Corner Lot, Infill Lot, Level
Details
- Parcel number: 965438005400000
- Zoning: NS
- Special conditions: Estate
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Fiber Optics, Underground Power Lines
Community & HOA
Community
- Features: None
Location
- Region: Arden
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $558,300
- Annual tax amount: $3,599
- Date on market: 10/12/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,Exchange
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Estimated market value
$752,700
$715,000 - $790,000
$1,787/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $789,000+235.7%$195/sqft |
Source: | ||
| 3/11/2019 | Listing removed | $1,150 |
Source: The Bayshore Company Report a problem | ||
| 3/5/2019 | Listed for rent | $1,150+9.5% |
Source: The Bayshore Company Report a problem | ||
| 9/12/2017 | Listing removed | $1,050 |
Source: The Bayshore Company Report a problem | ||
| 8/11/2017 | Listed for rent | $1,050 |
Source: The Bayshore Company Report a problem | ||
| 12/6/2007 | Sold | $235,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,599 +4.7% | $558,300 |
| 2024 | $3,437 +3.3% | $558,300 |
| 2023 | $3,327 +1.7% | $558,300 |
| 2022 | $3,272 | $558,300 |
| 2021 | $3,272 +3.3% | $558,300 +11% |
| 2020 | $3,168 | $502,800 |
| 2019 | $3,168 | $502,800 |
| 2018 | $3,168 | $502,800 +10.6% |
| 2017 | $3,168 | $454,600 |
| 2016 | $3,168 +0.3% | $454,600 |
| 2015 | $3,159 | $454,600 |
| 2014 | $3,159 | $454,600 |
| 2013 | -- | $454,600 -9.1% |
| 2012 | -- | $500,100 |
| 2011 | -- | $500,100 |
| 2010 | -- | $500,100 |
Find assessor info on the county website
Monthly payment
Est. payment







