About 212 & 214 Portmanvilla Road
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.
Features of 212 & 214 Portmanvilla Road
| MLS® # | 4278450 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 8 |
| Full Baths | 6 |
| Half Baths | 4 |
| Acres | 0.26 |
| Year Built | 2011 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 212 & 214 Portmanvilla Road |
|---|---|
| City | Black Mountain |
| County | Buncombe |
| State | NC |
| Zip Code | 28711 |
Amenities
| Utilities | Cable Connected |
|---|---|
| Garages | Driveway, Parking Space(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator |
|---|---|
| Heating | Heat Pump |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Green Area, Level, Wooded |
|---|---|
| Roof | Shingle |
| Construction | Vinyl |
School Information
| Elementary | Black Mountain |
|---|---|
| Middle | Charles D Owen |
| High | Charles D Owen |
Additional Information
| Date Listed | July 7th, 2025 |
|---|---|
| Days on Market | 93 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Heartwood Realty LLC |
|---|