Listing by: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com
32 Beds
16 Full baths
15,408SqFt
Active
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.
Property Details | ||
|---|---|---|
| Price | $2,700,000 | |
| Bedrooms | 32 | |
| Full Baths | 16 | |
| Half Baths | 32 | |
| Lot Size Area | 1.24 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Stories | 2 | |
| Year Built | 1981 | |
| Subdivision | Felix Lake | |
| Roof | Architectural Shingle | |
| Heating | Heat Pump | |
| Foundation | Slab | |
| Laundry Features | In Unit | |
| Parking Description | Assigned, Parking Lot, Parking Space(s) | |
| Parking Spaces | 24 | |
Geographic Data | ||
| County | Henderson | |
| Latitude | 35.307234 | |
| Longitude | -82.474814 | |
Address Information | ||
| Address | 333 W Lake Avenue, Hendersonville, NC 28739 | |
| Postal Code | 28739 | |
| City | Hendersonville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | George Real Estate Group Inc | |
| Listing Office Phone | 828-393-0134 | |
| Listing Agent | Noah George | |
| Listing Agent Phone | 828-775-7474 | |
| Attribution Contact | noahcgeorge@gmail.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | Bruce Drysdale | |
| Middle School | Hendersonville | |
| High School | Hendersonville | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Oct 22, 2025 | |
| Listing Last Modified | Oct 22, 2025 | |
| Tax ID | 116153 | |
| MLS # | CAR4305654 | |
Map View
Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-10-29T20:39:11.79413Z. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: info@cbbh.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.