About This Home

This 2-bedroom, 2-bathroom multi-family at 15 and 16 Cottage Drive in Asheville, NC is listed for $420,000. Built in 1930, on a 0.19 acres lot.

Key Features

  • Built in 1930
  • 0.19 acre lot

Property Details

2 full
1930

Amenities

A/C
Listing Description

Turn-Key Cash-Flow Opportunity Minutes from Asheville's Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park-Asheville's original 1930s tiny home community.

Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants.

Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both.

Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

Monthly Cost Estimate

$2,246/mo

20% down · 6.5% · 30 years

Principal$304
Interest$1,820
Insurance$123

Estimates only. Actual payments may vary.

Location

15 and 16 Cottage Drive

Asheville, NC 28805

Homeland Park

Features & Amenities

Interior Features

Open Floorplan

Property Details

Flooring

Vinyl

Construction

Log

Outdoor Features

Deck

Parking

Driveway

Heating

Ductless (Heating)

Cooling

Ductless

Appliances

DryerElectric OvenElectric RangeMicrowaveRefrigeratorWasherWasher/Dryer

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 15 and 16 Cottage Drive is listed at $420,000. The estimated monthly payment is $2,247 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.19 acre lot. Interior Features: Open Floorplan.

This property is listed by Carol Marin.

CM

Carol Marin

Agent at Mosaic Community Lifestyle Realty

Listed by Mosaic Community Lifestyle Realty · Broker phone: (828) 337-8190 · View on Broker Site · Broker website

MLS# 4392051· Source: Canopy MLS· 144 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

15 and 16 Cottage Drive, Asheville, NC 28805

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