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$525,000
New Listing

1 & 3 Freeport Lane
Asheville, NC 28806

For Sale|Duplex|Active
4
Beds
3
Total Baths
2
Full Baths
2
Partial Baths
1,572
SqFt
$334
/SqFt
2025
Built
Subdivision:
None
County:
Buncombe
Call Now: (828) 944-4429
Is this the listing for you? We can help make it yours.
(828) 944-4429
1 & 3 Freeport Lane1 & 3 Freeport Lane1 & 3 Freeport Lane1 & 3 Freeport Lane
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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.

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Listing Snapshot
Price 
$525,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,572 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
2
Lot Size 
0.21 Acres
Year Built 
2025
MLS® Number 
4318398
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing first seen on site
22 hours agoListing updated with changes from the MLS®
General Features
Parking 
Driveway
Pets 
Call
Property Condition 
New Construction
Property Sub Type 
Duplex
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
SqFt Above 
1572
SqFt Total 
1572
Style 
CottageModern
Zoning 
RM16
Interior Features
Appliances 
DishwasherDisposalElectric RangeElectric Water HeaterMicrowaveRefrigerator
Basement 
Crawl Space
Cooling 
Ceiling Fan(s)Ductless
Flooring 
WoodBambooVinyl
Heating 
Ductless
Interior 
Open FloorplanPantry
Laundry Features 
Electric Dryer HookupUpper Level
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Exterior Features
Lot Features 
Paved
Patio And Porch 
Awning(s)
Roof 
Metal
Community Features
Financing Terms Available 
CashConventionalFHA
HOA Fee Frequency 
Annually
Roads 
GravelConcrete
Schools
School District
Unknown
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Listing courtesy of Dirt & Sticks, Inc. [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Last checked - 2025-11-03 05:50 PM UTC

Neighborhood & Commute
Source: Walkscore
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