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Asheville · Asheville, NC

18 Oteen Park Place

Asheville, NC · 1,124 sqft

$474,000

  • 2Beds
  • 2Baths
  • 1,124SqFt
  • 1925Year
  • 1Days on market

About this home

This fully renovated duplex offers the opportunity to live in one unit and significantly offset your mortgage by renting the other. Situated just minutes from the Blue Ridge Parkway, VA Hospital, Downtown Asheville, and Black Mountain, it is perfectly positioned for convenient living. Sold turn-key with furnishings and equipment included you can move right in and immediately capitalize on the property's solid 30+ day rental history. The two identical units are thoughtfully designed with an efficient, flowing floor plan. Each unit features stylish vinyl plank flooring, living/dining area, and a beautiful kitchen complete with granite countertops, abundant workspace, storage, and a handy breakfast bar. Both bedrooms boast double closets and ensuite baths equipped with showers and extra-deep soaking tubs. For ultimate independence, each unit includes its own laundry center with storage, two efficient mini splits for customized climate control, and a dedicated parking spot out front. Outdoor living and privacy are beautifully balanced for an owner-occupant and a tenant sharing the property. Each unit features its own private backyard space to unwind, along with a clever retractable partition on the front porch that allows you to easily create privacy whenever you want it. Complete with dry storage in the basement for all your extra gear, this property is an incredible, stress-free opportunity to let your real estate investment pay for itself.

Property details

Beds
2
Baths
2
SqFt
1,124
Lot
Year built
1925
Type
Single Family
Days on market
1
Style
Bungalow
Heating
Ductless
Cooling
Ductless
Foundation
Basement
Flooring
Tile, Vinyl

Features

  • Breakfast Bar
  • Built-in Features
  • Open Floorplan

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$3,429/ month

Principal & interest
$2,935
Property tax (~0.90%)
$355
Homeowners insurance
$138
HOA dues

Down payment

$23,700 down · $450,300 financed

Income to qualify (28% rule)

~$146,973 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.