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$2,700,000
32 bd
32 ba
15,408 sqft
333 Lake Avenue
Hendersonville, NC 28739
Active Under Contract
128 days on market
Property Type
Residential Income
Year Built
1981
Lot Size
—
Garage
—
About This Property
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
Interior
- Bedrooms
- 32
- Bathrooms
- 32
- Living Area
- 15,408 sqft
- Stories
- 2
Exterior & Lot
- Year Built
- 1981
Location
- Subdivision
- Felix Lake
- County
- Henderson
- ZIP Code
- 28739
Financial
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Bruce Drysdale
- Middle School
- Hendersonville
- High School
- Hendersonville
Appliances
Dishwasher, Electric Cooktop, Electric Oven
Patio & Porch Features
Balcony, Covered, Deck, Front Porch
Location
Listing Information
- MLS #
- CAR4305654
- Listing Agent
- Noah George
- Listing Office
- George Real Estate Group Inc
- Listed Date
- Mar 16, 2026
Contact Jonathan Jackson About This Property
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