Rare multi-family investment opportunity in popular Black Mountain! Easy access to all the nearby amenities: historic downtown district with local restaurants, shops, and breweries, Lake Tomahawk Park, Black Mountain Golf Club, and ample opportunities for outdoor recreation. Plus, just a short 20-minute drive to neighboring Asheville. This offering consists of four total units in two buildings, each designed as a side-by-side townhouse-style duplex with individual entrances. Units in #214 are 2 bedrooms and 2.5 baths; units in #212 are 2 bedrooms and 1.5 baths; each unit has its own utility meters, laundry, and private outdoor space. Meticulously maintained by the same owners for over a decade, this property is a turnkey investment opportunity in a beautiful area. Consistent rental history with long-term tenants & minimal turnover. Currently, there are 12-month leases in place for three of the units, and a month-to-month lease for the fourth. Additional details available upon request.
Active
$1,100,000
212 & 214 Portmanvilla Rd, Black Mountain, NC 28711
4beds
4,422sqft
Quadruplex
Built in 2011
-- sqft lot
$1,000,800 Zestimate®
$249/sqft
$-- HOA
What's special
Side-by-side townhouse-style duplexOwn utility metersIndividual entrancesPrivate outdoor space
- 449 days
- 123
- 12
Zillow last checked:
Listing updated:
Listed by:
Alan Wray Alan@HeartwoodAVL.com,
Heartwood Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4278450
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 6
- 1/2 bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry: In Unit, Main Level
Features
- Flooring: Tile, Wood
- Has basement: No
Interior area
- Total structure area: 4,422
- Total interior livable area: 4,422 sqft
- Finished area above ground: 4,422
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Parking Space(s)
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Rear Porch, Screened
- Fencing: Partial,Privacy
Lot
- Size: 0.26 Acres
- Features: Green Area, Level, Wooded
Details
- Additional parcels included: 061949033300000
- Parcel number: 061949038200000
- Zoning: UR-8
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Location
- Region: Black Mountain
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $535,600
- Date on market: 7/7/2025
- Cumulative days on market: 450 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Gravel, Paved
Estimated market value
$1,000,800
$951,000 - $1.05M
$1,912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Listed for sale | $1,100,000$249/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4278450 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28711
Nearby schools
Schools provided by the listing agent
- Elementary: Black Mountain
- Middle: Charles D Owen
- High: Charles D Owen
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.
- $366,1002 bd1 ba1k sqft212 Portman Villa Rd, Black Mountain, NC 28711Off Market
- $456,2004 bd4 ba2k sqft212 Portmanvilla Rd, Black Mountain, NC 28711Off Market
- $290,8002 bd2 ba1k sqft212 Portman Villa Rd #B, Black Mountain, NC 28711Off Market
- $305,4002 bd1 ba1k sqft212 Portmanvilla Rd #A, Black Mountain, NC 28711Off Market
Similar homes
- $975,0005 bd5 ba2.3k sqft33 Vance Ave, Black Mountain, NC 28711For Sale
MLS ID #4377818, Alan Wray, Heartwood Realty LLC. Canopy MLS as distributed by MLS GRID - $879,9006 bd3 ba2.6k sqft111 Dogwood Dr, Black Mountain, NC 28711For Sale
MLS ID #4365787, Eddie Colley, Keller Williams Professionals. Canopy MLS as distributed by MLS GRID - $834,0005 bd5 ba3.1k sqft2 Coneflower Ct, Black Mountain, NC 28711For Sale
MLS ID #4400638, Brooks Northrup, DASH Carolina. Canopy MLS as distributed by MLS GRID - $585,0004 bd3 ba2.5k sqft808 Lakey Gap Rd, Black Mountain, NC 28711For Sale
MLS ID #4377465, Matt Tavener, Keller Williams Professionals. Canopy MLS as distributed by MLS GRID - $975,0004 bd5 ba4.3k sqft25 Whitaker View Rd, Fairview, NC 28730For SaleMLS ID #4394888, Megan Shook, Mosaic Community Lifestyle Realty. Canopy MLS as distributed by MLS GRID
- $1,080,0005 bd5 ba3.5k sqft25 E Owl Creek Ln, Fairview, NC 28730For SaleMLS ID #4365115, Marie Reed, Keller Williams Professionals. Canopy MLS as distributed by MLS GRID
- $1,150,0003 bd4 ba4.3k sqft128 Churchill Downs Dr, Fairview, NC 28730For SaleMLS ID #4373118, Jon Corbin, Nest Realty Asheville. Canopy MLS as distributed by MLS GRID
- $995,0004 bd4 ba4.2k sqft21 Hope Rd, Weaverville, NC 28787For SaleMLS ID #4349184, Jonathan Gonzalez, NextHome Partners. Canopy MLS as distributed by MLS GRID
- $975,0003 bd4 ba4.1k sqft23 Clear Vista Dr, Asheville, NC 28805For SaleMLS ID #4301123, Marilyn Wright, Premier Sotheby’s International Realty. Canopy MLS as distributed by MLS GRID
- $889,0004 bd3 ba3.4k sqft150 Sondley Pkwy, Asheville, NC 28805For SaleMLS ID #4280880, Ellen McGuire, Ivester Jackson Blackstream. Canopy MLS as distributed by MLS GRID
- $975,0004 bd3 ba2.9k sqft153 Skyview Cir, Asheville, NC 28804For SaleMLS ID #4376088, Hunter Lanier, COMPASS. Canopy MLS as distributed by MLS GRID
- $720,0006 bd4 ba2.7k sqft44 & 50 Autumn View Dr, Hendersonville, NC 28792For SaleMLS ID #4421404, Brian Seward, Keller Williams Mtn Partners, LLC. Canopy MLS as distributed by MLS GRID
- $799,0004 bd5 ba4.5k sqft608 Upper Sondley Dr, Asheville, NC 28805For SaleMLS ID #4283566, Gaia Goldman, Howard Hanna Beverly-Hanks Asheville-Biltmore Park. Canopy MLS as distributed by MLS GRID
- $1,142,0005 bd4 ba2.9k sqft28 Ridgefield Pl, Asheville, NC 28803For SaleMLS ID #4393041, Nakia Walker, Opendoor Brokerage LLC. Canopy MLS as distributed by MLS GRID
- $1,219,9006 bd5 ba3.5k sqft154 & 156 Dogwood Dr, Weaverville, NC 28787For SaleMLS ID #4391559, Luiz Leonetti, Town and Mountain Realty. Canopy MLS as distributed by MLS GRID
- $599,0006 bd4 ba3.1k sqft124 Lytle Cove Rd, Swannanoa, NC 28778For SaleMLS ID #4313522, Jaclyn Younce, Coldwell Banker Advantage. Canopy MLS as distributed by MLS GRID
- $899,0004 bd3 ba3k sqft5 Hillcrest Rd E, Asheville, NC 28804For SaleMLS ID #4406075, Laura Livaudais, Ivester Jackson Blackstream. Canopy MLS as distributed by MLS GRID
- $995,0007 bd5 ba4.1k sqft1037 S Main St, Mars Hill, NC 28754For SaleMLS ID #4417706, Tyler Coon, EXP Realty LLC. Canopy MLS as distributed by MLS GRID
- $1,199,0003 bd3 ba2.5k sqft52 Forest Rd, Asheville, NC 28803For SaleMLS ID #4390190, Chloe Lunsford, Howard Hanna Beverly-Hanks Freestone Properties. Canopy MLS as distributed by MLS GRID
- $950,0003 bd4 ba3.1k sqft43 Martindale Rd, Asheville, NC 28804For SaleMLS ID #4393103, Trenton Braswell, Keller Williams Professionals. Canopy MLS as distributed by MLS GRID
