212 & 214 Portmanvilla Road

212 & 214 Portmanvilla Road

Black Mountain, NC 28711
$1,100,000

  • Bedrooms: 8
  • Bathrooms:
  • Lot Size: 0.26 Acres
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.

Property Summary
Property Type: Residential Income Property Subtype : Fourplex
Year Built : 2011 Construction Type : Site Built
Lot Size : 0.26 Acres Living Area : 4,422 sqft
Property Features
  • Green Area
  • Level
  • Wooded
  • Covered Patio
  • Rear Porch
  • Screened Patio
Appliances
  • Dishwasher
  • Electric Oven
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Refrigerator
More Information
  • Construction : Vinyl
  • Roof : Shingle
  • Parking : Driveway, Parking Space(s)
  • Heating : Heat Pump
  • Cooling : Central Air
  • Water Source : Public
  • Road : Publicly Maintained Road
  • Listing Terms : Cash, Conventional

Based on information submitted to the MLS GRID as of 07-12-2025 05:35:04 UTC 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.

Listed By
Heartwood Realty LLC
Alan Wray
423-718-0076
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