15 And 16 Cottage Drive
Asheville, NC 28805
Est. $2,699/mo20% down · 7.125% · 30-yrAdjust
- P&I$2,291
- Taxes$266
- Insurance$142
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$805/Sq Ft
2 bd · 2 ba · 528 sqft · $805/sqft
About This Multi-Family Property
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.
Property history
-
Sep 19, 2026Price reduced $425,000 ActiveWas $444,000
-
Aug 13, 2026Price reduced $444,000 ActiveWas $449,000
-
Jun 11, 2026Listed for sale $449,000 ActiveListed 100 Days
Property Details
Interior Details
- Heating
- Ductless
- Flooring
- Vinyl
- Half Bathrooms
- 0
- Laundry Features
- In Bathroom
- In Kitchen
- Interior Features
- Open Floorplan
Dwelling And Structure
- Construction Type
- Site Built
- Architectural Style
- Cabin
- Cottage
Square Footage And Levels
- Above Grade Finished Area
- 528
Parking And Garage
- Parking Features
- Driveway
- Parking Space(s)
Exterior Features
- Roof
- Metal
- Construction Materials
- Log
- Patio And Porch Features
- Covered
- Deck
Lot And Land
- Lot Features
- Wooded
- Lot Size Acres
- 0.19
- Lot Size Units
- Acres
- Other Structures
- Outbuilding
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- City Taxes Paid To
- Asheville
Zoning And Restrictions
- Zoning
- R S8
- Subject To Ccrs
- No
Multi Unit Details
- Total Number Of Units
- 2
Listed by Carol Marin (828-545-2712) · Mosaic Community Lifestyle Realty (828-707-9556)
Location
- Address
- 15 And 16 Cottage Drive
- City
- Asheville, NC 28805
- Community
- Homeland Park
Schools
- Elementary
- Charles C Bell
- Middle
- AC Reynolds
- High
- AC Reynolds
School assignments may change. Contact the school district to confirm.
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