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333 W Lake Avenue
Hendersonville NC 28739 US

$2,700,000

Active Listing ID 4305654
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32 bed
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48.00 Bath (16 Full , 32 Half)
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Lot: 1.24 Acres
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Other

$2,700,000

Active Listing ID 4305654
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333 W Lake Avenue 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.

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Property Features

  • Facts
  • Lot Size: 1.24 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 16
  • 1/2 Bathrooms: 32
  • Cooling System: Central Air
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Bruce Drysdale(Elementary)
  • Hendersonville(MiddleSchool)
  • Hendersonville(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2700000
  • unparsedaddress: 333 W Lake Avenue
  • postalcity: Hendersonville
  • stateorprovince: NC
  • country: US
  • postalcode: 28739
  • bathroomsfull: 16
  • bathroomshalf: 32
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.24
  • lotsizeunits: Acres
  • lotsizearea: 1.24
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.307234
  • longitude: -82.474814
  • listagentfullname: Noah George
  • listagentemail: noahcgeorge@gmail.com
  • listagentkey: 3yd-CMLSNC-kelrnge
  • listagentmlsid: kelrnge
  • listagentpreferredphone: 8287757474
  • listagentofficephone: 8287757474
  • listofficekey: 3yd-CMLSNC-11687
  • listofficemlsid: 11687
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1981
  • listingcontractdate: 2025-10-22
  • countyorparish: Henderson
  • parcelnumber: 116153
  • elementaryschool: Bruce Drysdale
  • highschool: Hendersonville
  • appliances: Dishwasher, Electric Cooktop, Electric Oven
  • cooling: Central Air
  • constructionmaterials: Brick Partial, Vinyl
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 16
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 24
  • parkingfeatures: Parking Lot, Assigned
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bathroom 2, Bedroom 32, Bedroom 1, Bedroom 29, Bedroom 23, Bedroom 12, Bedroom 31, Bedroom 15, Bedroom 30, Bedroom 2, Bedroom 20, Bedroom 25, Bedroom 11, Bedroom 26, Bedroom 19, Bedroom 18, Bedroom 22, Bedroom 16, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 9, Bedroom 6, Bedroom 10, Bedroom 28, Bedroom 7, Bedroom 3, Bedroom 14, Bedroom 24, Bedroom 13, Bedroom 27, Bedroom 17, Bedroom 21
  • patioandporchfeatures: Deck, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.474815, 35.307236
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"George Real Estate Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"noahcgeorge@gmail.com", "ListBrokerageCity":"Flat Rock", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"George Real Estate Group Inc", "ListBrokeragePhone":"8283930134", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2720 Greenville Hwy Ste 30", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2720 Greenville Hwy Ste 30 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11687", "ListOfficeCity":"Flat Rock", "ListOfficeCountry":"USA", "ListOfficeEmail":"gailsatzrealtor@gmail.com", "ListOfficePostalCode":"28731", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Hendersonville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/333-W-Lake-Ave_Hendersonville_NC_28739_M69534-33324?f=listhub&s=CMLSNC&m=4305654&c=rexren", "MLSModificationTimestamp":"2025-10-22 06:17:05", "Neighborhoods":[{"Description":null, "Name":"Felix Lake"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"FELIX LAKE LO129-33P34", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2025 1:42:39 PM GMT
Source Updated Date: 12/13/2025 12:43:36 PM GMT

Courtesy of: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.