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3-Cottage Multifamily Property
For Sale
$925,000

302 Davis Street, Hendersonville, NC 28739

C-2 zoning accommodates residential and commercial use, with city water and sewer serving the property.

Property Size2,671 SF
Lot Size0.40 Acres
Price / SF$346.31
Days on Market15

Property Features for 302 Davis Street

General Information

Standard status Active
Size 2,671 SF
Lot size 0.40 Acres
Property subtype Residential Income
Zoning C-2

Units

Unit Mix 3 x cottage
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

porch
Daylight,Walk-Up Access
Tile,Vinyl,Wood,Other - See Remarks
No
Yes
7
Insulated Window(s)
In Bathroom,In Unit
2168
503
Fenced,Partial,Wood
Corner Lot,Paved,Views
City
Insulated Door(s)
0.4
Driveway
Concrete,Dirt,Gravel,Paved
Basement,Crawl Space
2671
Publicly Maintained Road

Building Details

Building Size 2,671 SF
Year Built 1945
Buildings 3
Stories 1
Construction cottage
Listing Agency: Greater Impact Realty LLC
Listed By: Leslie Georgiou · License #347434
Source: Greaterimpactrealty
Added: Oct 19 Changed: Oct 31 Last Checked: Oct 31 at 2:08AM

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 Greater Impact Realty LLC

Rey
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Investment Insights

Based on property information with market context.

The property contains three income-producing cottages totaling 2,671 square feet. Built in 1945, the cottages sit on a 0.4-acre parcel with established rental income. C-2 zoning allows residential and commercial use, and city water and sewer serve the site.

Access is available on three sides. The property is near the Ecusta Trail, breweries, restaurants, food trucks, shopping, a gourmet grocery store, and historic Main Street.

Key Highlights

  • Three income‑producing cottages
  • 2,671 square feet on 0.4 acres
  • C‑2 zoning for residential and commercial use

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,128
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - C-2 zoning accommodates residential and commercial use, with city water and sewer serving the property.
Where is this multifamily property located?
The property is located at 302 Davis Street Hendersonville, NC.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three income‑producing cottages; 2,671 square feet on 0.4 acres; C‑2 zoning for residential and commercial use
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