Fantastic four unit investment opportunity! “House hack” by living in one unit while renting the other three, or enjoy passive cash flow from all four one bedroom units. Site enjoys a central yet peaceful location on the fringe of downtown Hendersonville, and features two long-term (month-to-month) tenants and two fully-furnished short term rental (STR) units with proven booking history and all furnishings / FF&E included.
As Asheville’s largest submarket, Hendersonville and Henderson County are very business-friendly and have been enjoying steady wealth in-migration, economic growth, employment, and real estate appreciation. Seller has been a diligent steward.
Also included is a covered parking structure and a detached workshop / studio shell that was previously an additional residential unit. This is generational-quality real estate... act now!
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Street View
$615,000
1029 Patton St, Hendersonville, NC 28792
1beds
2,662sqft
Quadruplex
Built in 1948
-- sqft lot
$622,600 Zestimate®
$231/sqft
$1,287 Estimated rent
Home value
$622,600
$535,000 - $716,000
$1,287/mo
Zestimate® history
Owner options
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$1,287/mo
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$1,287/mo
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$3,561/mo
Est. payment
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$3,561/mo
Est. payment
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List your homeWhat's special
Covered parking structureCentral yet peaceful location
Zillow last checked:
Listing updated:
Listing Provided by:
Scott Mirkin scottmirkin@kw.com,
Keller Williams Professionals,
Chris Gragtmans,
Keller Williams Professionals
Bought with:
Jana Osada
Keller Williams Elite Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4187022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 4
Heating
- Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Oven, Refrigerator
- Laundry: None
Features
- Has basement: No
Interior area
- Total structure area: 2,662
- Total interior livable area: 2,662 sqft
- Finished area above ground: 2,662
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Front Porch, Patio
Lot
- Size: 0.20 Acres
Details
- Additional structures: Outbuilding
- Parcel number: 9569710239
- Zoning: Cities
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Hendersonville
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $615,000-11.5%$231/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4187022 Report a problem | ||
| 10/25/2024 | Listed for sale | $695,000+80.5%$261/sqft |
Source: Canopy MLS as distributed by MLS GRID #4187022 Report a problem | ||
| 7/21/2021 | Sold | $385,000-3.5%$145/sqft |
Source: Canopy MLS as distributed by MLS GRID #3732228 Report a problem | ||
| 5/8/2021 | Contingent | $399,000$150/sqft |
Source: Canopy MLS as distributed by MLS GRID #3732228 Report a problem | ||
| 4/29/2021 | Listed for sale | $399,000+40%$150/sqft |
Source: Canopy MLS as distributed by MLS GRID #3732228 Report a problem | ||
| 9/19/2008 | Sold | $285,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,105 | $431,700 |
| 2024 | $4,105 +3.3% | $431,700 |
| 2023 | $3,976 -2.6% | $431,700 +14.3% |
| 2022 | $4,082 | $377,600 +65% |
| 2021 | -- | $228,900 |
| 2020 | $2,406 | $228,900 |
| 2019 | $2,406 | $228,900 +22.6% |
| 2018 | $2,406 +128.1% | $186,700 |
| 2017 | $1,055 | $186,700 |
| 2016 | -- | $186,700 |
| 2015 | -- | $186,700 +2% |
| 2014 | -- | $183,000 |
| 2013 | -- | $183,000 |
| 2012 | -- | $183,000 |
| 2011 | -- | $183,000 -8.2% |
| 2010 | -- | $199,300 |
| 2009 | -- | $199,300 |
| 2008 | -- | $199,300 |
| 2007 | -- | $199,300 +18.8% |
| 2006 | -- | $167,700 |
| 2005 | -- | $167,700 |
Find assessor info on the county website
Neighborhood: 28792
Nearby schools
GreatSchools rating
- 8/10Bruce Drysdale ElementaryGrades: PK-5Distance: 0.3 mi
- 5/10Hendersonville MiddleGrades: 6-8Distance: 0.6 mi
- 7/10Hendersonville HighGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Bruce Drysdale
- Middle: Hendersonville
- High: Hendersonville
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$622,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$622,600
- North Carolina
- Henderson County
- Hendersonville
- 28792
- 1029 Patton St
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