333 W Lake Avenue, Hendersonville, NC 28739

$1,317,500
32
BD
15,408
SqFt

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Listing courtesy of George Real Estate Group Inc. noahcgeorge@gmail.com

Sold listing courtesy of George Real Estate Group Inc

Sold Price
$1,317,500
List Price
$2,700,000
MLS#
4305654
Status
CLOSED
Days on Market
204
Property Type
Residential Income
Year Built
1981
Closing Date
May 14, 2026
Bedrooms
32
Full Baths
16
Half Baths
32
Lot Size
54,014
Lot Size Area
1.24
Living Area
15,408
Sq Ft Total
15408
County
Henderson
Subdivision
Felix Lake
Special Conditions
None

Property 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.

Additional Information

Equipment
Dishwasher, Electric Cooktop, Electric Oven
Foundation
Slab
Laundry Location
In Unit
Heating
Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Partial, Vinyl
Roof
Architectural Shingle
Parking
Assigned, Parking Lot, Parking Space(s)
Driveway
Asphalt, Paved
Construction Type
Site Built
Elementary School
Bruce Drysdale
Middle School
Hendersonville
High School
Hendersonville
Total Property HLA
15408

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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