2715 Greenville Highway, Flat Rock NC

  • 16 Bed
  • 0.7 ac

For Sale $1,550,000

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Remarks:

Exceptional 8-unit complex in the heart of the Village of Flat Rock, NC, offering investors a rare turnkey opportunity with over $200,000 in recent upgrades. The property includes 6 two-level townhome-style units and 2 one-level units, ideally located just minutes from Hendersonville’s shops, dining, and cultural attractions. Major updates include brand-new roofs on both buildings, fresh exterior paint, new sidewalks, encapsulated crawlspaces with dehumidifiers and the complete top-to-bottom remodel of one unit showcasing the potential for additional renovations. With current rents below market rates, a new owner has a clear opportunity to increase revenue while benefiting from the security of extensive capital improvements already completed. A detailed list of additional updates—including structural repairs, drainage work, and system replacements—is available for review. Zoned to allow condominium conversion into individual tax ID units or continued operation as a rental investment, this property offers multiple exit strategies, immediate income potential, and long-term growth in one of Western North Carolina’s most desirable and historic communities.

General Information:

List Price: $1,550,000
Status: For Sale
Bedrooms: 16
Type: Apartment
Parking: Driveway, Parking Space(s)
MLS Number: CAR4304111
Style: Traditional
Lot Description: Corner Lot, Green Area, Level, Wooded
Year Built: 1965
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Flat Rock
High: East Henderson

Price & Sales History

Date Event Price $/SQFT
10-26-2025 Under Contract $1,550,000 N/A
10-10-2025 Listed $1,550,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Hillandale Elementary 1 miles KG-05 7
The Mountain Community Sch 3 miles KG-06 5
Atkinson Elementary 3 miles KG-05 9
Upward Elementary 3 miles KG-05 6
Bruce Drysdale Elementary 4 miles KG-05 3
Hendersonville Elementary 4 miles KG-05 9

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
2715 Greenville Highway, Flat Rock NC 0 mi $1,550,000 days
20 Memminger Drive, Flat Rock NC 0.1 mi $665,000 days
2688 Greenville Highway, Flat Rock NC 0.1 mi $650,000 days
6 Ravenswood Road, Flat Rock NC 0.2 mi $440,000 days
114 Linda Ann Drive, Flat Rock NC 0.2 mi $900,000 days
19 Robert E Lee Drive, Flat Rock NC 0.3 mi $420,000 days
1 to 6 of 59 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28731

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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.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By George Real Estate Group Inc

    2715 Greenville Highway, Flat Rock NC is a ft2 on a 0.690 acres lot. This is for $1,550,000. This has 16 bedrooms, baths, and was built in 1965.

    Based on information submitted to the MLS GRID as of 2025-10-10 10:11:11 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. Click here for more information

    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.