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Closed
  • $690,500

    337 1st Ave W, Hendersonville, NC 28739

    14beds
    4,330sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $690,500 Zestimate®
    $159/sqft
    $1,330 Estimated rent

    Home value

    $690,500

    $601,000 - $787,000

    $1,330/mo

    Zestimate® history
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    $1,330/mo

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    $1,330/mo

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    $3,993/mo

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    $3,993/mo

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    What's special

    Unique investor opportunity a stone's throw from Main Street! Don't miss your chance to own this 14-unit rental property offering flexible payment options and a prime downtown location. This property promises not only attractive rental income but also the opportunity to own a part of the Downtown grid. Rent is affordable and paid on a weekly or monthly basis. Owner financing available and proof of funds for 20% minimum down payment will be required prior to scheduling any showings. Seller will be placing restrictions on the property at the time of sale to state that the operation must continue to be run the same way for 3 years after closing and no tenants can be evicted as long as they are making payments, acting lawfully and not causing significant property damage. These restrictions will be drafted by an attorney prior to closing along with seller financing terms.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosie Dugan rosiedugan@bhhslp.com,

    Berkshire Hathaway HomeServices

    Bought with:

    Shirley Johnes

    Century 21 Mountain Lifestyles/S. Hend

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4037468MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: None
    Features
    • Flooring: Carpet, Laminate
    • Has basement: No
    Interior area
    • Total structure area: 4,330
    • Total interior livable area: 4,330 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Front Porch
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 0.21 Acres
    • Features: Corner Lot, Level
    Details
    • Additional parcels included: 101298
    • Parcel number: 101297
    • Zoning: CMU
    • Special conditions: Subject to Lease

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood
    • Foundation: Crawl Space
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: None
    Location
    • Region: Hendersonville
    • Elevation: 1500 Feet

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $399,900
    • Annual tax amount: $2,339
    • Date on market: 6/9/2023
    • Cumulative days on market: 1 day
    • Listing terms: Owner Financing,Other - See Remarks
    • Tenant pays: None
    • Road surface type: None, Paved

    Price history

    DateEventPrice
    7/27/2023Sold$600,000+9.1%$139/sqft
    Source: Canopy MLS as distributed by MLS GRID #4037468 Report a problem
    6/10/2023Pending sale$550,000$127/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4037468 Report a problem
    6/9/2023Listed for sale$550,000+66.7%$127/sqft
    Source: Canopy MLS as distributed by MLS GRID #CAR4037468 Report a problem
    6/1/2013Listing removed$329,895$76/sqft
    Source: Listhub #505618 Report a problem
    2/22/2013Listed for sale$329,895$76/sqft
    Source: Listhub #505618 Report a problem
    1/2/2013Listing removed$329,895$76/sqft
    Source: Listhub #505618 Report a problem
    8/2/2012Price change$329,895-17.2%$76/sqft
    Source: Listhub #505618 Report a problem
    8/30/2011Listed for sale$398,500$92/sqft
    Source: Listhub #505618 Report a problem
    6/1/2011Listing removed$398,500$92/sqft
    Source: Listhub #470036 Report a problem
    3/31/2011Listed for sale$398,500-7.1%$92/sqft
    Source: Listhub #470036 Report a problem
    12/11/2010Listing removed$429,000$99/sqft
    Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #470036 Report a problem
    12/3/2010Price change$429,000-12.3%$99/sqft
    Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #470036 Report a problem
    10/2/2010Listed for sale$489,000$113/sqft
    Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #470036 Report a problem
    8/21/2010Listing removed$489,000$113/sqft
    Source: Keller Williams Realty Mountain Partners #470036 Report a problem
    7/14/2010Price change$489,000+14%$113/sqft
    Source: Keller Williams Realty Mountain Partners #470036 Report a problem
    1/9/2010Price change$429,000-4.5%$99/sqft
    Source: Mountain Partners LLC dba Keller Williams Realty Mountain Partners #470036 Report a problem
    1/12/2009Price change$449,000-4.4%$104/sqft
    Source: Listhub #431117 Report a problem
    8/23/2008Listed for sale$469,900$109/sqft
    Source: Listhub #431117 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,339 $245,900
    2024$2,339 +3.3%$245,900
    2023$2,265 +30.7%$245,900 +53.4%
    2022$1,733 $160,300
    2021-- $160,300
    2020$1,685 $160,300
    2019$1,685 $160,300 +30%
    2018$1,685 +141.8%$123,300
    2017$697 $123,300
    2016-- $123,300
    2015-- $123,300 +1.1%
    2014-- $122,000
    2013-- $122,000
    2012-- $122,000
    2011-- $122,000 -11.5%
    2010-- $137,900
    2009-- $137,900
    2008-- $137,900
    2007-- $137,900 +20%
    2006-- $114,900
    2005-- $114,900
    Find assessor info on the county website

    Neighborhood: 28739

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hendersonville
    • 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
    $690,500
    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
    $690,500