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In-Town Duplex with Separate Driveways
New
For Sale
$335,000

827 Forest Street, Hendersonville, NC 28739

Residential Income, Hendersonville, NC

Property SizeContact for details
Lot Size0.23 Acres
Days on Market2

Property Features for 827 Forest Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-15
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Laundry Room, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Basement
Parking features Driveway
Basement Apartment
Appliances Electric Range, Gas Range, Refrigerator
Subdivision Mcintosh Hill
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 107775
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description FOREST PARK LOPT33-38
Legal Description FOREST PARK LOPT33-38

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)

Building Details

Year built 1955
Number of units 2
Flooring type Tile
Building materials Block, Vinyl
Listing Agency: LPT Realty, LLC
Listed By: Chuck Gould
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 5:06AM
MLS# 4416484

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1955 duplex at 827 Forest Street includes two separate residential units on a 0.23-acre neighborhood lot. The lower apartment features a concrete block exterior, slab foundation, ceramic tile flooring, a natural gas furnace, laundry connections, an updated shower with glass surround, and a kitchen equipped with a butcher block countertop, electric range, and refrigerator. The upper one-bedroom unit includes tile in the kitchen and bath, LVP flooring in select areas, an updated shower surround, natural gas range and furnace, and window-unit cooling. Both units have insulated windows, while exterior materials include vinyl and fiber cement siding.

The property is located approximately a half mile from downtown Hendersonville, with access to Asheville Highway and I-26 nearby. Two separate driveways serve the units, and the site includes ample yard space plus lower-level storage. The roof was replaced in 2017. Public sewer serves the property, and the reported cap rate is 8.5%.

Key Highlights

  • Two‑unit duplex on 0.23 acres in Hendersonville
  • Reported 8.5% cap rate
  • Approximately a half mile from downtown Hendersonville

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Catering Service Auto Parts Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 28739, NC

21,251
Population
11,083
Households
1.9
Avg Household Size
54
Median Age
44%
College-Educated
94%
High-School Grad
61.0 sq mi
ZIP Area
348
Density / Sq Mi
$70,464
Median Household Income
$35,934
Median Earnings
$995
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with updated finishes, individual driveways, and established neighborhood yard space near downtown Hendersonville.
Where is this duplex located?
The property is located at 827 Forest Street Hendersonville, NC.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit duplex on 0.23 acres in Hendersonville; Reported 8.5% cap rate; Approximately a half mile from downtown Hendersonville
More about this property
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