333 W Lake Avenue
Hendersonville, NC 28739
$86/Sq Ft
Sold
32 bd · 16 ba · 15,408 sqft · $86/sqft
About This Multi-Family 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 Details
- Heating
- Heat Pump
- Roomother
- Primary Bedroom
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Living Room
- Laundry
- Utility Room
- Half Bathrooms
- 32
- Laundry Features
- In Unit
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Above Grade Finished Area
- 15408
- Below Grade Finished Area
- 0
Parking And Garage
- Open Parking
- true
- Parking Features
- Assigned
- Parking Lot
- Parking Space(s)
- Open Parking Spaces
- 24
- Total Parking Spaces
- 24
Exterior Features
- Roof
- Architectural Shingle
- Construction Materials
- Brick Partial
- Vinyl
- Patio And Porch Features
- Balcony
- Covered
- Deck
- Front Porch
Lot And Land
- Lot Size Acres
- 1.24
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Hendersonville
Zoning And Restrictions
- Zoningspecification
- R-15
Multi Unit Details
- Total Number Of Units
- 16
Listed by Noah George (828-775-7474) · George Real Estate Group Inc (828-393-0134)
Location
- Address
- 333 W Lake Avenue
- City
- Hendersonville, NC 28739
- Community
- Felix Lake
Schools
- Elementary
- Bruce Drysdale
- Middle
- Hendersonville
- High
- Hendersonville
School assignments may change. Contact the school district to confirm.
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