212 & 214 Portmanvilla Road, Black Mountain NC
- 8 Bed
- 0.3 ac
For Sale $1,100,000
Remarks:
Rare multi-family investment opportunity in popular Black Mountain! Easy access to all the nearby amenities: historic downtown district with local restaurants, shops, and breweries, Lake Tomahawk Park, Black Mountain Golf Club, and ample opportunities for outdoor recreation. Plus, just a short 20-minute drive to neighboring Asheville. This offering consists of four total units in two buildings, each designed as a side-by-side townhouse-style duplex with individual entrances. Units in #214 are 2 bedrooms and 2.5 baths; units in #212 are 2 bedrooms and 1.5 baths; each unit has its own utility meters, laundry, and private outdoor space. Meticulously maintained by the same owners for over a decade, this property is a turnkey investment opportunity in a beautiful area. Consistent rental history with long-term tenants & minimal turnover. Currently, there are 12-month leases in place for three of the units, and a month-to-month lease for the fourth. Additional details available upon request.
General Information:
| List Price: | $1,100,000 |
| Status: | For Sale |
| Bedrooms: | 8 |
| Type: | Fourplex |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4278450 |
| Lot Description: | Green Area, Level, Wooded |
| Year Built: | 2011 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 07-24-2025 | Listed | $1,100,000 | N/A |
Nearby Schools
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.
Properties For Sale Nearby
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 |
| 212 & 214 Portmanvilla Road, Black Mountain NC | 0 mi | $1,100,000 | days | |
| 27 Cotton Creek Circle, Black Mountain NC | 0 mi | $619,000 | days | |
| 310 Portmanvilla Road, Black Mountain NC | 0.1 mi | $699,000 | days | |
| 10 Cotton Creek Circle, Black Mountain NC | 0.1 mi | $632,000 | days | |
| 103 6th Street, Black Mountain NC | 0.1 mi | $278,900 | days | |
| 113 4th Street, Black Mountain NC | 0.1 mi | $389,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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 |
Demographic Data For Zip 28711
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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.
Property Listing Information
A Courtesy Listing Provided By Heartwood Realty LLC
212 & 214 Portmanvilla Road, Black Mountain NC is a ft2 on a 0.260 acres lot. This is for $1,100,000. This has 8 bedrooms, baths, and was built in 2011.
Based on information submitted to the MLS GRID as of 2025-07-24 10:10:44 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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