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Two-Home Multifamily Property
For Sale
$849,000

1110 3rd Avenue W Multiple, Hendersonville, NC 28739

Two separate residences offer flexible living arrangements, updated interiors, and a screened porch on a private lot.

Property Size2,600 SF
Lot Size0.50 Acres
Price / SF$326.54
Days on Market30

Property Features for 1110 3rd Avenue W Multiple

General Information

Standard status Active
Size 2,600 SF
Lot size 0.50 Acres
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 2

Amenities

wood fireplace
screened in porch
tree house
fence

Building Details

Year Built 1959
Buildings 2
Listing Agency: RE/MAX Results
Listed By: Bethany Stolevski · License #315215
Source: Highperformancerea
Added: Jul 31 Changed: Aug 28 Last Checked: Aug 29 at 12:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This multifamily property includes two residences on a half-acre private lot. The larger home at 1110 3rd Avenue W provides 2,600 square feet across the main floor and walkout basement, with original hardwood floors, a new kitchen, new appliances, updated bathrooms, fresh paint, new lighting, and new HVAC. The basement has a full-size exterior entry and additional space for future design flexibility. A wood fireplace serves each residence.

The second home, a 550-square-foot cottage at 36 Palatka St., includes one bedroom and one bathroom, along with a screened porch and enclosed area suitable for pets or chickens. The cottage also has a new roof, gutters, paint, and appliances. Palatka Street is a public road maintained by the city. Both homes were built in 1959 and are located between the Ecusta Trail and downtown Hendersonville.

Key Highlights

  • Two residences on a half‑acre private lot
  • Larger home offers 2,600 square feet across the main floor and walkout basement
  • Secondary cottage measures 550 square feet with 1 bedroom and 1 bath

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

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
Paved road access

Location Intelligence

Trade Area within ½ mile

801
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residences offer flexible living arrangements, updated interiors, and a screened porch on a private lot.
Where is this multifamily property located?
The property is located at 1110 3rd Avenue W Multiple Hendersonville, NC.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two residences on a half‑acre private lot; Larger home offers 2,600 square feet across the main floor and walkout basement; Secondary cottage measures 550 square feet with 1 bedroom and 1 bath
More about this property
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