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  • $1,317,500

    333 W Lake Ave, Hendersonville, NC 28739

    2beds
    15,408sqft
    Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $1,366 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,366/mo

    Zestimate® history
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    What's special

    Comfortable living spacesWell-equipped kitchensPrivate outdoor areas
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Noah George noahcgeorge@gmail.com,

    George Real Estate Group Inc

    Bought with:

    Noah George

    George Real Estate Group Inc

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4305654MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 16
    • 1/2 bathrooms: 32
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven
    • Laundry: In Unit
    Features
    • Has basement: No
    Interior area
    • Total structure area: 15,408
    • Total interior livable area: 15,408 sqft
    • Finished area above ground: 15,408
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 24
    • Parking features: Assigned, Parking Lot, Parking Space(s)
    • Uncovered spaces: 24
    Features
    • Stories: 2
    • Patio & porch: Balcony, Covered, Deck, Front Porch
    Lot
    • Size: 1.24 Acres
    Details
    • Parcel number: 116153
    • Zoning: R-15
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Partial, Vinyl
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Subdivision: Felix Lake
    Location
    • Region: Hendersonville

    Financial & listing details

    • Price per square foot: $86/sqft
    • Tax assessed value: $1,014,100
    • Annual tax amount: $9,644
    • Date on market: 10/22/2025
    • Cumulative days on market: 128 days
    • Tenant pays: Electricity
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    5/14/2026Sold$1,317,500-51.2%$86/sqft
    Source: Canopy MLS as distributed by MLS GRID #4305654 Report a problem
    10/22/2025Listed for sale$2,700,000$175/sqft
    Source: Canopy MLS as distributed by MLS GRID #4305654 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,644 $1,014,100
    2024$9,644 +3.3%$1,014,100
    2023$9,340 +3.6%$1,014,100 +21.6%
    2022$9,019 $834,300
    2021-- $834,300
    2020$8,768 $834,300
    2019$8,768 $834,300 +10.9%
    2018$8,768 +106.2%$752,500
    2017$4,252 $752,500
    2016-- $752,500
    2015-- $752,500 +4.4%
    2014-- $720,700
    2012-- $720,700 -0.3%
    2010-- $722,700
    2009-- $722,700
    2008-- $722,700
    2007-- $722,700 +21.8%
    2006-- $593,200
    2005-- $593,200
    Find assessor info on the county website

    Neighborhood: 28739

    Nearby schools

    GreatSchools rating
    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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