For Sale $349,900
PRICE REDUCTION on this income-producing 2-bedroom, 2-bath townhome on the east side of Black Mountain. Property offers a proven 10-plus-year history of consistent rental occupancy, making it a strong investment opportunity with immediate income potential. Just minutes from downtown, future occupants will enjoy quick access to restaurants, shops, and local attractions. Outdoor enthusiasts will love being close to hiking and biking trails, as well as scenic Lake Tomahawk. Designed for low-maintenance living, this single-level home features modest utility costs and low HOA fees of just $100/month, which cover exterior grounds upkeep - ideal for investors seeking a true lock-and-leave property. The layout is comfortable and functional, while the private patio with a concrete slab and new fencing provides a quiet space for relaxing or entertaining. Mountain views from the lot add to the property’s serene appeal. Whether you're expanding your rental portfolio, searching for a second home, or looking for a move-in ready primary residence, this townhome checks all the boxes.
| List Price: | $349,900 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 1056 sqft |
| Parking: | Assigned, Parking Space(s) |
| MLS Number: | CAR4302377 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 2006 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 01-17-2026 | Price Decrease | $349,900-2.78% | $332 |
| 10-28-2025 | Listed | $359,900 | $341 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 7 miles | KG-06 | 8 |
| Fairview Elementary | 9 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 102 Kerlee Street, Black Mountain NC | 0 mi | $349,900 | days | |
| 104 Kerlee Street, Black Mountain NC | 0 mi | $300,000 | days | |
| 503 Pearl View Drive, Black Mountain NC | 0.1 mi | $360,000 | days | |
| 328 Mccoy Cove Road, Black Mountain NC | 0.1 mi | $600,000 | days | |
| 215 McCoy Cove, Black Mountain NC | 0.1 mi | $525,000 | days | |
| 213 Old State Ten Road, Black Mountain NC | 0.1 mi | $329,900 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Rhonda Silver Real Estate Group LLC
102 Kerlee Street, Black Mountain NC is a 1056 ft2 on a 0.020 acres Appraisal lot. This is for $349,900. This has 2 bedrooms, 2 baths, and was built in 2006.
Based on information submitted to the MLS GRID as of 2025-10-28 09:11:39 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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