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Under contract-show
  • $975,000

    33 Vance Ave, Black Mountain, NC 28711

    5beds
    2,316sqft
    : 
    $5,728/mo
    Get pre-qualified
    Multi Family
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Good natural lightMany modern updatesDedicated parking
    Successful short-term rental property in downtown Black Mountain! The original home has been converted into five distinct units, each with its own private entrance & dedicated parking. This property has the charm and character of a historic home, with many modern updates. Every space you enter is comfortable & inviting, with good natural light. Guests enjoy relaxing in the rocking chairs on the front porch & strolling into downtown Black Mountain to dine and shop at all the local establishments. With great reviews, plenty of repeat guests, and many longer bookings, this property is an investor's dream. Offered fully furnished, with a dedicated housekeeping staff that would love the opportunity to stay on board. This is truly a turnkey opportunity for someone interested in taking over an established business in a popular area. Owners report 77% occupancy YTD, through April 2026. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. All units are metered separately for electricity & gas, offering flexibility if a buyer wanted to convert to long-term rentals in the future. See floor plan sketch for a detailed drawing of the building's layout. Financial information available upon request. This is an active vacation rental property, and showing requests will be accommodated based on occupancy. Virtual tour available here: https://my.matterport.com/show/?m=E9cHPnV4x2X&mls=1
    82 days
    |
    205
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Wray Alan@HeartwoodAVL.com,

    Heartwood Realty LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377818MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Floor Furnace, Natural Gas, Wall Furnace
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
      • Laundry: Common Area, In Unit, Utility Room
      Features
      • Flooring: Tile, Wood
      • Has basement: No
      Interior area
      • Total structure area: 2,316
      • Total interior livable area: 2,316 sqft
      • Finished area above ground: 2,316
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 8
      • Parking features: Assigned, Parking Space(s)
      • Uncovered spaces: 8
      Features
      • Stories: 2
      • Has view: Yes
      • View description: City, Mountain(s)
      Lot
      • Size: 0.27 Acres
      • Features: Corner Lot, Wooded, Views
      Details
      • Parcel number: 061924996400000
      • Zoning: CB
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1909

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Black Mountain
      • Elevation: 2000 Feet

      Financial & listing details

      • Price per square foot: $421/sqft
      • Tax assessed value: $891,700
      • Annual tax amount: $4,845
      • Date on market: 5/7/2026
      • Cumulative days on market: 82 days
      • Listing terms: Cash,Conventional
      • Tenant pays: None
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,199/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$975,000-2.5%$421/sqft
        Source: Canopy MLS as distributed by MLS GRID #4377818 Report a problem
        12/10/2025Listing removed$1,000,000$432/sqft
        Source: Canopy MLS as distributed by MLS GRID #4220185 Report a problem
        11/4/2025Listed for sale$1,000,000-3.9%$432/sqft
        Source: Canopy MLS as distributed by MLS GRID #4220185 Report a problem
        2/8/2023Sold$1,040,675-5.4%$449/sqft
        Source: Canopy MLS as distributed by MLS GRID #3900595 Report a problem
        11/29/2022Listed for sale$1,100,000$475/sqft
        Source: Canopy MLS as distributed by MLS GRID #3900595 Report a problem
        11/28/2022Pending sale$1,100,000$475/sqft
        Source: Canopy MLS as distributed by MLS GRID #3900595 Report a problem
        11/20/2022Price change$1,100,000-21.4%$475/sqft
        Source: Canopy MLS as distributed by MLS GRID #3900595 Report a problem
        9/2/2022Listed for sale$1,400,000+342.3%$604/sqft
        Source: Canopy MLS as distributed by MLS GRID #3900595 Report a problem
        9/18/2018Sold$316,500-1%$137/sqft
        Source: Canopy MLS as distributed by MLS GRID #3340935 Report a problem
        8/3/2018Pending sale$319,600$138/sqft
        Source: G/M Property Group #3340935 Report a problem
        5/14/2018Price change$319,600-3%$138/sqft
        Source: G/M Property Group #3340935 Report a problem
        3/29/2018Price change$329,600-2.9%$142/sqft
        Source: G/M Property Group #3340935 Report a problem
        11/27/2017Listed for sale$339,600-14.9%$147/sqft
        Source: G/M Property Group #3340935 Report a problem
        9/1/2017Listing removed$595
        Source: Asheville Phoenix Properties - Property # 377754 Report a problem
        8/16/2017Price change$595-25.2%
        Source: Asheville Phoenix Properties - Property # 377754 Report a problem
        7/11/2017Listed for rent$795+17.8%
        Source: Zillow Rental Manager Report a problem
        7/15/2016Listing removed$675+128.8%
        Source: Asheville Phoenix Properties Report a problem
        3/2/2016Listing removed$295
        Source: Asheville Phoenix Properties Report a problem
        2/16/2016Listed for rent$295-50.4%
        Source: Asheville Phoenix Properties Report a problem
        6/16/2015Listing removed$595
        Source: Asheville Phoenix Properties Report a problem
        5/14/2015Listed for rent$595
        Source: Asheville Phoenix Properties Report a problem
        2/7/2009Listing removed$399,000$172/sqft
        Source: Listhub #406794 Report a problem
        8/5/2008Price change$399,000-0.5%$172/sqft
        Source: Homes & Land #406794 Report a problem
        3/21/2008Listed for sale$401,000$173/sqft
        Source: Keller Williams Realty #406794 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,845 +3.5%$558,400
        2024$4,683 +72.1%$558,400 +68.1%
        2023$2,721 +3.1%$332,200
        2022$2,638 $332,200
        2021$2,638 +17.3%$332,200 +27.2%
        2020$2,249 $261,100
        2019$2,249 $261,100
        2018$2,249 +5.5%$261,100 +19.9%
        2017$2,132 +9.9%$217,800
        2016$1,941 -9%$217,800
        2015$2,132 $217,800
        2014$2,132 $217,800
        2013-- $217,800 +9.7%
        2012-- $198,600
        2011-- $198,600
        2010-- $198,600
        2009-- $198,600
        2007-- $198,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28711

        Getting around

        62 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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