201 Birch Lane
Arden, NC, 28704 $ 789,000
Bedrooms9 Baths6.3 Sq 4,036 Monthly Estimate*
$ 5,449
for $789,000 with 9 bedrooms and 6 full baths, 3 half baths. This 4,036 square foot home was built in 2005 on a lot size of 0.35.
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.
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FeaturesGeneralLiving Area 4036
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Connected Fiber Optics Natural Gas Underground Power Lines
Roof Architectural Shingle
Appliances Dishwasher Electric Oven Electric Range Microwave Refrigerator
Development Status Completed
Zoning NS
Garage Spaces 3
Patio/Porch Features Covered Front Porch Patio
Architectural Style Traditional
Construction Materials Vinyl
Pets Allowed Yes
Year Built 2005
Tenant Pays All Utilities
Stories Count 2
Property Subtype Triplex
Parcel Number 9654-38-0054-00000
Elevation 2000
Waterfront Features None
Community Features None
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Garage Y/N Y
Full Baths 6
Directions From downtown Asheville take Biltmore Avenue south approximately 2 miles to Biltmore Village. Turn left onto Sweeten Creek Road and continue south to Birch Lane. Turn left onto Birch Lane and and the
High School Unspecified
City Arden
Senior Community Y/N N
Open Parking Spaces 5
Number Of Units Total 3
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 558300
Listing Terms Cash Conventional Exchange
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InteriorInterior Amenities Breakfast Bar Open Floorplan Storage
Flooring Carpet Linoleum Vinyl
Fireplace Features Gas Log Living Room
Basement (Y/N) N
Window Features Insulated Window(s) Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 4036
Half Baths 3
Laundry Features Mud Room In Unit Inside Main Level
Total Bedrooms 9
Below Grade Finished Area 0
SqFt Garage 579
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ExteriorParking Features Attached Garage Garage Faces Front Parking Lot Parking Space(s)
Lot Features Corner Lot Infill Lot Level
Water Source City
Total Parking 8
Lot Size Area 0.35
Foundation Details Slab
Building Area Total 4036
Road Surface Type Concrete Paved
Other Parking Each unit has a private 1 car garage attached to it. There are private spaces for each unit and then additional parking on property.
Door Features French Doors Insulated Door(s)
Road Responsibility Publicly Maintained Road
Horse Amenities None
Main Level Garage YN Y
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* Excluded FeaturesList ByPremier Sotheby’S International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,449
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Arden, NC
Average List Price $1,218,500
Percent of Sale Price 54%
About Arden, NC 22,175 Population
54% Since 2002
$ 63,912 Median Income
41.63 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2026 | $789,000 | | Listed Price |
201 Birch Lane, Arden, NC, 28704 is a Multi-Family Home for sale at $789,000 with 4,036 sqft and a lot size of 0.35. 201 Birch Lane has 9 bedrooms, 6.3 baths, and was built in 2005. The property's zip code is 28704 which is in Arden, NC