333 Lake Avenue, Hendersonville NC
- 32 Bed
- 1.2 ac
For Sale $2,700,000
Remarks:
Rare offering just one mile from downtown Hendersonville—this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location—just one mile to downtown Hendersonville’s vibrant shops, restaurants, and amenities—enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina’s most desirable and stable markets. The owner’s commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber—offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown—come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
General Information:
| List Price: | $2,700,000 |
| Status: | For Sale |
| Bedrooms: | 32 |
| Type: | Apartment |
| Parking: | Assigned, Parking Lot, Parking Space(s) |
| MLS Number: | CAR4305654 |
| Subdivision: | Felix Lake |
| Year Built: | 1981 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Bruce Drysdale |
| Middle: | Hendersonville |
| High: | Hendersonville |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-01-2025 | Listed | $2,700,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hendersonville Elementary | 1 miles | KG-05 | 9 |
| Bruce Drysdale Elementary | 1 miles | KG-05 | 3 |
| Atkinson Elementary | 2 miles | KG-05 | 9 |
| The Mountain Community Sch | 2 miles | KG-06 | 5 |
| Hillandale Elementary | 4 miles | KG-05 | 7 |
| Upward Elementary | 5 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.
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 |
| 333 Lake Avenue, Hendersonville NC | 0 mi | $2,700,000 | days | |
| 1425 Hebron Road, Hendersonville NC | 0.1 mi | $360,000 | days | |
| 314 Armstrong Avenue, Hendersonville NC | 0.1 mi | $409,999 | days | |
| 1235 Pinebrook Circle, Hendersonville NC | 0.1 mi | $460,000 | days | |
| 107 ROBLEIGH Drive, Hendersonville NC | 0.2 mi | $369,900 | days | |
| 410 Golf View Lane, Hendersonville NC | 0.2 mi | $288,000 | 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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Mortgage Calculator
| 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 28739
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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 George Real Estate Group Inc
333 Lake Avenue, Hendersonville NC is a ft2 on a 1.240 acres Appraisal lot. This is for $2,700,000. This has 32 bedrooms, baths, and was built in 1981.
Based on information submitted to the MLS GRID as of 2025-11-01 10:26:51 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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