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Felix Lake
1/18
$2.7M

$2,700,000

333 W Lake Avenue

Hendersonville, NC 28739

32Beds
16Baths
15,408Sq Ft
1981Built

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.

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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.

CAR MLS # 287508786

Quick Facts

Time on Site

7 months ago

Property Type

ResidentialIncome

Year Built

1981

Price/Sq.Ft.

$175

Property Details
Bedrooms:
32
Bathrooms:
16
Living Area:
15,408 SqFt
Total Area:
15,408 SqFt
Sub-Type:
Apartment
Stories:
2
Schools
Elementary:
Bruce Drysdale
Middle:
Hendersonville
High:
Hendersonville
School assignments may change. Contact the school district to confirm.

Features & Amenities

Location & Map

Address

333 W Lake Avenue, Hendersonville, NC 28739

Community

Felix Lake

Map View

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Additional Information

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Lot And Land

Lot Size Units
Acres

Agent Contacts

Listing Agent
Listing agent: Noah George (828-775-7474)
Listing Office
Listing provided courtesy of: George Real Estate Group Inc (828-393-0134)
Request Showing
  • Palmetto Park Realty Team Fort Mill: 803.548.6123
Source Identification
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record. Learn more.

Interior Details

Heating
  • Heat Pump
Room Other
  • Primary Bedroom
  • Bedroom(s)
  • Bathroom(s)
  • Kitchen
  • Living Room
  • Laundry
  • Utility Room
Half Bathrooms
32
Laundry Features
  • In Unit
Main Level Garage Y N
0

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Brick Partial
  • Vinyl
Patio And Porch Features
  • Balcony
  • Covered
  • Deck
  • Front Porch

Multi Unit Details

Total Number Of Units
16

Parking And Garage

Open Parking
true
Parking Features
  • Assigned
  • Parking Lot
  • Parking Space(s)
Open Parking Spaces
24
Total Parking Spaces
24

Financial Information

City Taxes Paid To
Hendersonville

Basement And Foundation

Foundation Details
  • Slab

Zoning And Restrictions

Zoning Specification
R-15

Square Footage And Levels

Above Grade Finished Area
15408
Below Grade Finished Area
0

Additional C A R Information

Assumable
No
Auction Y N
0
C C R Subject To
Undiscovered
Owner Agent Y N
0
Deed Reference
587-840
Construction Type
Site Built
Attribution Contact
Mls Major Change Type
Under Contract- Show
Attribution Type Listing
List Agent Email
Syndicate Participation
Participant Options
Number Of Completed Units Total
16
Number Of Projected Units Total
16
Canopy MLS

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