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Listed price in listed location currency (USD).
$2,700,000

324824
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 15408 sqft
Garage No
HOA Fees 
Taxes 
Days Active 10
Approx. Age 1981
Avg. Price Per Sqft $175
MLS® Number 4305654

Property Address: 333 W Lake Ave, Hendersonville, NC, 28739-4673

Average square foot calculated using Size range provided by listing agent.

Description

Rare offering just one mile from downtown Hendersonville—this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location—just one mile to downtown Hendersonville’s vibrant shops, restaurants, and amenities—enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina’s most desirable and stable markets. The owner’s commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber—offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown—come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
MLS® Number4305654
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Unit
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2025List Date
$2,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
333 W Lake Ave, Hendersonville, NC

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