Hendersonville Real Estate Search

Hendersonville Multi-Family Properties for Sale

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Newest Hendersonville Multi-Family Homes for Sale

607 Kanuga  Road, Hendersonville
$589,900
2 Beds ⋅ 4431677 MLS ⋅ ACTIVE Status
Exceptional Turnkey Investment Opportunity Near Downtown Hendersonville and the Ecusta Trail! A truly unique, fully furnished property offering an exceptional combination of residential comfort, commercial flexibility, and short-term rental income potential. Located just minutes from Downtown Hendersonville and the Ecusta Trail, this extensively renovated property is ideally suited for an Airbnb, rental, live/work concept, or mixed-use investment. The main residence features approximately 960 square feet with 2 bedrooms and 2 beautifully appointed bathrooms, complemented by an additional 411-square-foot heated flex space. Taken down to the studs and comprehensively rebuilt in 2024, virtually every major component has been replaced, including plumbing, electrical, HVAC, roof, windows, doors, insulation, drywall, flooring, kitchen, and bathrooms. The custom-designed kitchen showcases solid wood cabinetry, granite countertops, soft-close doors and drawers, pull-out storage solutions, and premium appliances, including a Samsung Bespoke refrigerator. Additional interior upgrades include a first-floor kitchenette, luxury vinyl plank flooring, a built-in electric fireplace, whole-house water filtration, LG laundry tower, and independently controlled mini-split HVAC systems throughout. The heated 411-square-foot flex space presents outstanding versatility for a commercial office, creative studio, workshop, fitness space, guest suite, or additional revenue-producing use. This area includes 10-foot ceilings, an insulated garage door, epoxy flooring, mini-split HVAC, utility sink, cabinetry, and two separate exterior entrances, making it highly adaptable for mixed-use operations. A new detached garage offers additional value with dual garage doors, separate entry access, and climate control. Exterior improvements include a paver driveway, expanded asphalt parking areas, privacy fencing, attractive landscaping, and a second-floor balcony. The property with flexible zoning and layout create significant opportunities for investors and entrepreneurs alike. Potential uses include: - Airbnb or luxury short-term rental operation - Live/work business model - Mixed-use commercial and residential occupancy - Duplex conversion potential - Professional office or studio space - Long-term rental investment - Potential detached ADU conversion (subject to approvals and local requirements) With no renovation required, attractive furnishings included, and multiple avenues for income generation, 607 Kanuga represents a rare turnkey opportunity combining location, flexibility, workspace functionality, and strong future upside in one of Hendersonville most desirable growth corridors. Investment Highlight: Few properties offer the ability to immediately operate as a furnished short- term rental while simultaneously providing dedicated commercial, office, or flex space. This unique combination creates multiple revenue streams and broad appeal for investors, owner-operators, and entrepreneurs. Owner Financing is available.

607 Kanuga Road, Hendersonville

Listing courtesy of CENTURY 21 Connected. aaron@groundfloorproperties.com

827 Forest  Street, Hendersonville
$335,000
3 Beds ⋅ 4416484 MLS ⋅ ACTIVE Status
This older duplex is situated on a large established neighborhood lot. Less than half mile from Ecusta Trail. Approx. a half mile from downtown Hendersonville, minutes from Asheville Highway or I-26. Property has had good rental history, boasting a CAP rate 8.5%. Solid downstairs apartment features concrete block exterior walls, slab foundation and ceramic tile throughout. Natural gas furnace, this unit has washer and dryer connections. Updated shower with glass surround and upgraded fixtures. Kitchen provides a butcher block wood countertop. Electric, glass top range. Refrigerator. Cooled with window unit ac. Much of the ceiling downstairs is just under 7ft ceiling height. Main room and first bedroom, which has separate exterior entrance, have higher ceilings. Upstairs unit A, has newer LVP flooring, tile throughout kitchen and bath. Shower upgraded with newer surround with glass side and door. Upstairs unit is smaller with one bedroom. Unit A has natural gas range and furnace. Relies on window unit ac for cooling. Insulated windows in both units. Exterior siding is vinyl front and sides, fiber cement siding on rear. Storage space on lower level side of building. Roof replaced in 2017, no issues reported. Two separate driveways, one for each unit. This in-town duplex provides establish neighborhood lot with ample yard space. Hendersonville has recently revised its density planning for city lots. May be opportunity for additional structures, would encourage interested parties to investigate possibilities. Schedule a showing today. Tenants responsible for electricity, gas and lawn care. Owner has retained responsibility for water, sewer and garbage collection. Water services with garbage and sewer average approximately $120/mo. Unit A last rented for $1344.00/mo, unit B rented for $1550.00/mo. Recently vacant(unit B vacated July 31, 2026) allowing owner to prepare for sale of property.

827 Forest Street, Hendersonville

Listing courtesy of LPT Realty, LLC. chucksmyrealtor@gmail.com

111-113 Stewart  Street, Hendersonville
$645,000
6 Beds ⋅ 4410285 MLS ⋅ ACTIVE Status
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.

111-113 Stewart Street, Hendersonville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown. Michelle@LovingAshevilleLiving.com

1480 Davis Mountain  Road, Hendersonville
$975,000
2 Beds ⋅ 4390501 MLS ⋅ ACTIVE Status
Rare unrestricted mountain property offering just under 9 acres with breathtaking short-range and long-range mountain views, a private waterfall, and multiple potential homesites. Whether you're seeking a private mountain retreat, family compound, homestead, vacation rental portfolio, or development opportunity, this property delivers. Currently improved with two living units, including one with established long-term rental history, plus a separate building with the potential to be finished into an additional income-producing unit. Short-term rentals are allowed, and the unrestricted acreage provides endless possibilities for expansion.Property improvements include private roads and trails throughout the land, a large garage/workshop, RV pad with utilities, homestead area, multiple building sites, and infrastructure already in place. This listing includes three separate parcels, offering potential subdivision opportunities for future development or investment. No city taxes. Enjoy exceptional privacy, natural beauty, and mountain living while remaining only minutes from Hendersonville, shopping, dining, and everyday conveniences. A truly unique opportunity to own a versatile mountain property with views, water features, income potential, endless opportunities. More Photos, website with videos with drone videos to come. Will also be listing the front parcel with units separate from the 2 vacant lots, will update this listing with those MLS numbers.

1480 Davis Mountain Road, Hendersonville

Listing courtesy of Gardner Group Realty. crystal@gardnergrouprealty.net

1110 3rd W Avenue Unit #multiple, Hendersonville
$849,000
3 Beds ⋅ 4325099 MLS ⋅ ACTIVE Status
Prime location for a prime investment. Two houses on a half acre private lot! Enjoy a prime location between the Ecusta Trail and downtown Hendo. The larger home is on 3rd ave. with 2600sqft between the main floor and in the walkout basement. The new kitchen, new appliances throughout, is huge and open! The new lighting throughout will brighten your day. New HVAC, fresh paint, and new bathrooms with all the original hard wood floors means no hassle living. The basement has a full-sized door for entry/exit and ready to be designed to your needs. If you need another bedroom, add one in the basement because it is a walkout for egress. The tree house in the backyard is fun for everyone and can potentially be rented out as an Air BNB (There is one active in Flat Rock now). Both homes have wood fireplaces for another way to add heat. Behind the larger home is the 540 sqft home at 36 Palatka St. The cottage has a fence for your chickens or pets. The smaller home also has a new roof, gutters, paint, and new appliances. The options are endless when you have a second home use as you like. You will enjoy the screened in porch. Rent it long term or short term or use it as a guest home. 1 bedrooms and 1 bath can rent for up to $1300/month ish. Palatka Street is a public road maintained by the city. Seller financing available 5.5% w/10% down Video of the properties available upon request..

1110 3rd W Avenue Unit #multiple, Hendersonville

Listing courtesy of RE/MAX Results. stolevski11@gmail.com

153 Hackleburg  Lane, Hendersonville
$475,000
3 Beds ⋅ 4328212 MLS ⋅ ACTIVE UNDER CONTRACT Status
Just outside Hendersonville, this newly constructed duplex is positioned for investors focused on efficiency, flexibility and long-term return potential. The property delivers two income-producing units under one roof, a two-bedroom, two-bath residence and a one-bedroom, one-bath residence, creating multiple revenue strategies including long-term leasing, furnished mid-term rentals or short-term rental potential, subject to local regulations. Estimated cap rate at 8%-9% (buyer to verify). New construction minimizes deferred maintenance and capital improvement concerns, while durable finishes, including luxury vinyl plank flooring, leathered granite countertops, stainless steel appliances, soft-close cabinetry, and zoned mini-split systems are designed to reduce ongoing upkeep and support tenant retention. Both units include in-unit laundry, generous storage and modern layouts that appeal to today’s renter’s demand. Conveniently near Hendersonville, Asheville and the regional airport, the property benefits from strong regional employment drivers, healthcare expansion and steady travel demand. Ideal for investors seeking immediate income potential, owner-occupants looking to offset expenses, or buyers pursuing a low-maintenance asset with multiple exit strategies, including future conversion to a single-family residence if desired. Investor note: The one-bedroom unit is now rented at $1,200/month (includes electric/water). One-year lease 8/26-8/27. Two-bedroom unit advertised at $2,000/month.

153 Hackleburg Lane, Hendersonville

Listing courtesy of Premier Sotheby’s International Realty. 828-545-1383

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“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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