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  • $679,000

    115 Old Mill Rd #402-403-401, Flat Rock, NC 28731

    5beds
    2,478sqft
    : 
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    Triplex
    Built in 1960
    -- sqft lot
    $646,700 Zestimate®
    $274/sqft
    $1,485/mo HOA

    What's special

    Fishing and canoeing lakeOutdoor swimming pool
    Excellent investment opportunity in the Village of Flat Rock . This three-unit property features a strong rental history with consistent occupancy and income. Can be short term or long term occupancy. The upper unit offers 3 bedrooms and 2 baths, while the two lower units are each 1 bedroom, 1 bath—providing a desirable mix for tenant flexibility and income stability. Property amenities feature outdoor swimming pool, tennis, beach and fire pit area, fishing and canoeing lake all on 8 acre picturesque compound. Conveniently located near Hendersonville shopping, dining, and local amenities. Ideal for investors seeking a proven income-producing property.
    72 days
    |
    369
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tania Reid taniareid@kw.com,

    Keller Williams Mtn Partners, LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4375477MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Hot Water
      Cooling
      • Central Air, Window Unit(s)
      Appliances
      • Included: Electric Cooktop, Electric Oven, Refrigerator
      • Laundry: Common Area
      Features
      • Flooring: Laminate
      • Basement: Apartment,Daylight,Walk-Up Access
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,478
      • Total interior livable area: 2,478 sqft
      • Finished area above ground: 1,280
      • Finished area below ground: 1,198

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Front Porch, Rear Porch
      • Exterior features: Fire Pit, Lawn Maintenance, Tennis Court(s)
      • Pool features: Fenced, In Ground
      Lot
      • Features: Rolling Slope
      Details
      • Parcel number: 9577417562
      • Zoning: Red-Cond
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Brick Full, Wood
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $1,485 monthly
      Location
      • Region: Flat Rock
      • Elevation: 2000 Feet

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $555,000
      • Date on market: 4/29/2026
      • Cumulative days on market: 71 days
      • Listing terms: Cash
      • Tenant pays: None
      • Road surface type: Asphalt, Paved

        Estimated market value

        $646,700

        $614,000 - $679,000

        $1,547/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$679,000$274/sqft
        Source: Canopy MLS as distributed by MLS GRID #4375477 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28731

        Getting around

        24 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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