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    416 S Cherokee Ave Black Mountain, NC 28711

    Sponsored
    For Sale
    $895,000

    MULTI_FAMILY - Black Mountain, NC

    Lot size:
    0.45 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 416 S Cherokee Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    UR-8
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bathroom 3
    Bedrooms
    4
    APN
    0619-07-2531-00000
    Parking features
    Driveway
    Patio and Porch features
    Deck, Porch
    Pets allowed
    Yes
    Fireplace
    1
    Appliances
    Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
    Lot size
    0.45 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Heat Pump, Electric

    Building Details

    Year built
    1965
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Brick Partial, Hardboard Siding
    Roof type
    Shingle

    Mosaic Community Lifestyle Realty (828) 337-8190 [email protected]

    Listing agent Casey Conner (828) 777-0583

    Listing date Dec 30, 2025

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Homes in Black Mountain

    This property features two homes on one lot, situated in a neighborhood near the Black Mountain Golf Course and Lake Tomahawk, which offers tennis, a playground, and a pool. The main home provides 1,394 square feet of space with a layout suitable for everyday living or long-term rental. Behind the main house is an 807-square-foot, one-bedroom guest cottage, currently operating as a successful Airbnb. The property is located in Black Mountain, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.331054
    Latitude
    35.620886

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    FAQs

    What type of property is this?
    Duplex - Two homes ideal for multi-generational living or investment.
    Where is this duplex located?
    The property is located at 416 S Cherokee Ave Black Mountain, NC.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Two Homes on One Property: Ideal for multi-generational living or rental income.; - Proven Short-Term Rental (STR) Success: Guest cottage currently a thriving Airbnb.; - Prime Location: Across from Black Mountain Golf Course and walking distance to Lake Tomahawk.
    (828) 777-0583
    Request Owner's contact information
    416 S Cherokee Ave Black Mountain, NC 28711
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    Black Mountain, NC 28711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416 S Cherokee Ave Black Mountain, NC 28711
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