$1,100,000

212 & 214 Portmanvilla Road, Black Mountain, NC 28711

  • 8 beds |
  • 10 baths |
  • 4,422 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 10 months ago

Property 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.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 3:17PM
Listing Office:
Heartwood Realty LLC : 828-348-5720
MLS ID:
4278450
  • Appliances: DishwasherElectric OvenElectric RangeElectric Water HeaterMicrowaveRefrigerator
  • Laundry: In UnitMain Level
  • Flooring: TileWood
  • A/C: Central Air
  • Heating: Heat Pump
  • Other Structures: Rear PorchScreenedCovered
  • Parking: DrivewayParking Space(s)
  • Roofing: Shingle
  • General: Site BuiltCrawl Space
  • Road/Access: GravelPaved
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: UR-8061949038200000
  • Fencing: PartialPrivacy
  • Utilities: Cable Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Heartwood Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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