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East Asheville Multifamily Homes & Duplexes for Sale

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  • /41

    $2,900,000

    • 13 Beds
    • 12 Baths
    • 8,771 Sq Ft

    68 Oteen Church Rd, Asheville, NC 28805

    Discover an extraordinary 4.79-acre private retreat under 5 miles from vibrant downtown Asheville and less than a mile from iconic Blue Ridge Parkway. Featuring 3 separate homes used as rentals, plus a 4th structure offering 2 completely private homes w/shared entry lobby, and a lower-level apartment overlooking a sparkling saltwater pool. This is a true compound. Great for investors, private

    Shayne Hollifield Noble & Company Realty

    68 Oteen Church Rd, Asheville, NC 28805
  • /37

    $485,000

    • 2 Beds
    • 2 Baths
    • 1,124 Sq Ft

    18 Oteen Park Place, Asheville, NC 28805

    Unique opportunity to own a renovated duplex with a solid 30-day rental history within minutes of the Blue Ridge Parkway, VA Hospital, Downtown Asheville and Black Mountain. Each unit is beautifully renovated and designed to create an efficient and flowing floor plan with vinyl plank flooring, ample living/dining areas, beautiful kitchens with granite counter tops, plenty of workspace, storage

    Carol Marin Mosaic Community Lifestyle Realty

    18 Oteen Park Place, Asheville, NC 28805
  • /32

    $465,000

    • 528 Sq Ft

    15 & 16 Cottage Dr, Asheville, NC 28805

    Unique opportunity to own two renovated cottages in historic Homeland Park, Asheville’s original tiny home community. Located minutes from the Blue Ridge Parkway, VA Hospital, Downtown Asheville and Black Mountain. Offered as turn-key 30-day rentals, these two studio/cottages are being sold with most of the furnishings and equipment included. Solid rental income history available. These adorable

    Carol Marin Mosaic Community Lifestyle Realty

    15 & 16 Cottage Dr, Asheville, NC 28805
  • /36

    $429,900

    • 1,108 Sq Ft

    5 Arbutus Rd, Asheville, NC 28805

    Turn-key income-producing opportunity! Absolutely charming East Asheville cottage with a separate lower-level apartment, both are being sold fully equipped and furnished. Rent both or live in one and rent the other. Each unit has its own private entrance, parking, deck and outdoor space. Upper-level two bedroom unit is spacious with vaulted ceilings and beautiful original wood flooring. A light-

    Carol Marin Mosaic Community Lifestyle Realty

    5 Arbutus Rd, Asheville, NC 28805
  • /44

    $454,900

    • 4 Beds
    • 2.5 Baths
    • 2,058 Sq Ft

    23 & 25 Oteen Park Place, Asheville, NC 28805

    Incredible investment opportunity in the heart of East Asheville!This charming cottage-style duplex sits on a level lot along a quiet, no-through-traffic street. You'll appreciate its timeless character—9-foot ceilings, crown molding, 6-inch baseboards, and a spacious screened-in back patio perfect for relaxing or entertaining.Bonus features include a brand-new roof (2024), owner

    Maria Cavallo-Cook Love Asheville Realty

    23 & 25 Oteen Park Place, Asheville, NC 28805

Why Live in East Asheville

East Asheville, nestled between the Interstate 240/I-40 belt loop and the Blue Ridge Parkway, offers suburban living with mountain views and abundant nature. Located just 4 miles from Downtown Asheville, it provides an easy commute. The neighborhood is divided by the Swannanoa River, featuring commercial spaces to the south, green spaces throughout, and a central golf course. Homes here range from Craftsman to split-level styles, with many offering scenic views of the golf course. The area is characterized by mature Pine, Red Maple, and Sweetgum trees, with homes situated on lots of varying elevations along winding roads. Most single-family homes are brick ranch-styles and split-levels from the 1960s, alongside newer Craftsman homes, townhouses, and occasional log cabins.

East Asheville students attend highly rated schools, starting at Charles C. Bell Elementary, moving on to A.C. Reynolds Middle School, and finally A.C. Reynolds High School, known for its strong athletic programs. Residents enjoy proximity to the Blue Ridge Parkway's hiking and biking trails, as well as Asheville Recreation Park, which offers soccer fields, fishing piers, and a pool. The park also houses the Western North Carolina Nature Center, featuring local wildlife exhibits including American Red Wolves, Black Bears, River Otters, and a new Red Panda Exhibit. The neighborhood's crime rate is lower than the national average, contributing to its appeal.

Home Trends in East Asheville, NC

Housing Trends

Median Sale Price
$372,500
Median Single Family Sale Price
$395,000
Median 2 Bedroom Sale Price
$1,600,000
Average Price Per Sq Ft
$375
Number of Homes for Sale
6
Last 12 months Home Sales
22
Months of Supply
3.30
Median List Price
$401,537
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
13%
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