Description
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.
Address
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Address: 212 & 214 Portmanvilla Road, Black Mountain, North Carolina 28711
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City: Black Mountain
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State/county: NC
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Zip/Postal Code: 28711
Details
Updated on June 28, 2026 at 6:41 pm-
Property ID 4278450
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Price $1,100,000
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Property Size 4422 m²
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Bedrooms 8
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Bathrooms 6
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Year Built 2011
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Property Type Fourplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Heat Pump
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Flooring Tile, Wood
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County Buncombe
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Property Type Residential Income
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Parking Driveway, Parking Space(s)
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Elementary School Black Mountain
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Middle School Charles D Owen
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High School Charles D Owen
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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