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32 Beds
48 Baths
15,408 sqft

$1,317,500

333 W Lake Avenue, Hendersonville NC, 28739

Price per sqft$85.51
Built in1981
Property size15,408 sqft
Property typeCondominium
Courtesy of George Real Estate Group Inc, Noah George Listing Contact: [email protected]

Overview

Sold

Closed

Listed Oct 22, 2025

Updated Jun 9

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

MLS® ID
4305654

Interior Features

Bedrooms
32
Bathrooms
48
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.24 Acres

Other Property Details

Pets Allowed
Yes
55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:53 AM UTC on 9/22/2026. 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.

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