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2 Beds
2 Baths
528 sqft

$425,000

15 and 16 Cottage Drive, Asheville NC, 28805

Price per sqft$804.92
Built in1930
Property size528 sqft
Property typeMulti-family
Courtesy of Mosaic Community Lifestyle Realty, Carol Marin Listing Contact: [email protected]

Overview

Active

Listed Jun 11, 2026

Updated 6 days ago

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.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4392051

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Pets Allowed
Yes
55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kim Gentry Justus shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 10:52 PM UTC on 9/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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