For Sale $899,900
Investment opportunity in Flat Rock, featuring two separate duplex buildings with a total of four residential units. All units are occupied with a strong rental history. List price represents a CAP rate of 8.7% based on 2026 expected income. Each unit offers two bedrooms and one bath. All units have their dedicated carport area, with individual laundry facilities conveniently within the carport. All four units are equipped with separate heat pump systems, three of which have been recently updated. Less than 10 minutes from downtown Hendersonville, the property offers convenient access to shopping, dining, employment and everyday amenities while maintaining the appeal of the Flat Rock area. This property presents an attractive opportunity for investors looking to add a multi-unit, potential income-producing property to their portfolio.
| List Price: | $899,900 |
| Status: | For Sale |
| Bedrooms: | 8 |
| Type: | Duplex |
| Parking: | Attached Carport, Driveway |
| MLS Number: | CAR4428296 |
| Lot Description: | Level |
| Year Built: | 1970 |
| Sewer Type: | Septic Installed |
| Elementary: | Sugarloaf |
| Middle: | Flat Rock |
| High: | East Henderson |
| Date | Event | Price | $/SQFT |
| 10-09-2026 | Listed | $899,900 | N/A |
| 01-17-2026 | Listed | $425,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| The Mountain Community Sch | 2 miles | KG-06 | 5 |
| Upward Elementary | 2 miles | KG-05 | 6 |
| Sugarloaf Elementary | 2 miles | KG-05 | 5 |
| Bruce Drysdale Elementary | 3 miles | KG-05 | 3 |
| Dana Elementary | 3 miles | KG-05 | 7 |
| Hillandale Elementary | 3 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 |
| 17 Randolph Avenue, Flat Rock NC | 0 mi | $899,900 | days | |
| 7 Eagle Creek Trail, Flat Rock NC | 0.6 mi | $425,000 | days | |
| 760 New Hope Road, Flat Rock NC | 0.6 mi | $598,000 | days | |
| 742 New Hope Road, Flat Rock NC | 0.7 mi | $640,000 | days | |
| 64 Eagle Pointe Way, Flat Rock NC | 0.7 mi | $595,000 | days | |
| 1153 Airport Road, Flat Rock NC | 0.7 mi | $430,000 | 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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| Property Insurance |
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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 Premier Sotheby’s International Realty
17 Randolph Avenue, Flat Rock NC is a ft2 on a 0.790 acres Level lot. This is for $899,900. This has 8 bedrooms, baths, and was built in 1970.
Based on information submitted to the MLS GRID as of 2026-10-09 15:15:02 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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