For Sale $645,000
111-113 Stewart Street: Four Units, One Property Rare multi-building opportunity in Hendersonville! Ideal for first-time investors or house-hackers, this 2,739 sq ft compound on Stewart Street features three buildings and four separate, income-producing units. Live in one and rent the rest, lease all four long-term, or mix in short-term rentals—the ultimate flexible setup. Highlights include a fully fenced Main House; walkable to restaurants and shops, and is 1.5 miles to the Ecusta Trail in downtown Hendersonville. First time leaving the family since 1931!! Main House, Upper Level Two bedrooms, a full bath, and a full kitchen, reached through its own private entrance so a tenant here never has to pass through the rest of the property to get home. There's a gas fireplace that can be converted back to wood-burning if a tenant or owner wants that someday. Has its own front entrance and back porch with an exit, straightforward long-term lease material. Main House, Ground Level Also laid out as two bedrooms with a full bath, this level has its own full kitchen, a full-size side-by-side washer-dryer, and two more gas fireplaces that can also switch back to wood-burning, and electric heat covers the rest of the floor. It's self-contained enough to work as its own long-term rental, an in-law suite, or a live/work space for a tenant who wants room to run something small out of the ground floor. Has its own front entrance and back door with deck. The Writing Cottage (ADU) A freestanding building, originally built as a writing cottage, well-suited to short-term rental use: it has a gas-log fireplace in the bedroom, its own kitchen with a stacked washer-dryer and a full bath, so guests can be fully self-sufficient. It sits on its own septic system, separate from the city sewer that serves the main house and garage, with the tie-in already run if a future owner wants to convert it over. Being a short walk from a restaurant and a tea room only helps here; guests notice that kind of thing when they're choosing where to book. The Garage Studio This one used to be a plain garage; a remodel around 2017 turned it into a studio and put in its wiring and plumbing for the first time, along with a full bath and a kitchenette on the ground level. There's a loft above for sleeping or extra storage. Turning this into a fully self-contained fourth unit is mostly a matter of finishing out the loft, not adding new infrastructure, which makes it the value-add piece of the four. Location does some of the leasing for you The property sits just off Greenville Highway, which makes it mixed-use (it can be commercial or residential). You could live in the upper unit and have a retail shop in the lower unit. It is about a three-minute walk from Flat Rock Wood Room and roughly four minutes from A Southern Cup Fine Teas and Boxwoods, with groceries and other everyday shopping just a short drive away. The Cottage at 111 Stewart has its own separate utilities. The Studio is on the Main House's utilities. The 2 bedrooms upstairs in the Main House cannot be counted in the MLS square footage since there is no permanent heat source in those two rooms. All roofs were replaced in 2020. Between 2011-2017, the wiring and pipes were replaced (except for the upstairs bathroom pipes), the Main House at 113 was connected to city sewer, and the studio apartment was created. The Writing Cottage is still on the original septic, but everything is in place to connect to sewer if desired.
Fire Pit
Attic Stairs Pulldown, Pantry
| List Price: | $645,000 |
| Status: | For Sale |
| Bedrooms: | 6 |
| Type: | Fourplex |
| Approx Sq. Ft.: | 921 sqft |
| Parking: | Driveway, On Street |
| MLS Number: | CAR4410285 |
| Subdivision: | Stepp Jones Property |
| Style: | Arts and Crafts, Bungalow, Cottage, Post and Beam |
| Bathrooms: | 4 |
| Lot Description: | Level |
| Year Built: | 1926 |
| Sewer Type: | Public Sewer, Septic Installed |
| Elementary: | Hillandale |
| Middle: | Hendersonville |
| High: | Hendersonville |
| Date | Event | Price | $/SQFT |
| 08-28-2026 | Price Decrease | $645,000-0.77% | $701 |
| 08-13-2026 | Listed | $650,000 | $706 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| The Mountain Community Sch | 1 miles | KG-06 | 5 |
| Hillandale Elementary | 2 miles | KG-05 | 7 |
| Bruce Drysdale Elementary | 2 miles | KG-05 | 3 |
| Hendersonville Elementary | 3 miles | KG-05 | 9 |
| Atkinson Elementary | 3 miles | KG-05 | 9 |
| Upward Elementary | 3 miles | KG-05 | 6 |
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 |
| 111-113 Stewart Street, Hendersonville NC | 0 mi | $645,000 | days | |
| 54 Victoria Park Drive, Hendersonville NC | 0 mi | $430,000 | days | |
| 47 Victoria Park Drive, Hendersonville NC | 0 mi | $399,000 | days | |
| 89 Victoria Park Drive, Hendersonville NC | 0 mi | $400,000 | days | |
| 1518 Greenville Highway, Hendersonville NC | 0.1 mi | $1,575,000 | days | |
| 318 Resort Street, Hendersonville NC | 0.1 mi | $272,318 | 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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| Total Monthly Payment | $20,941 |
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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 Howard Hanna Beverly-Hanks Asheville-Downtown
111-113 Stewart Street, Hendersonville NC is a 921 ft2 on a 0.280 acres Level lot. This is for $645,000. This has 6 bedrooms, 4 baths, and was built in 1926.
Based on information submitted to the MLS GRID as of 2026-08-13 03:18:28 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
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