Renovated Hendersonville Multifamily
For Sale
$1,025,000
526 Fleming St, Hendersonville, NC 28739
Turnkey 9-unit multifamily community in Hendersonville, North Carolina.
Property SizeContact for details
Days on Market106
Property Features for 526 Fleming St
General Information
Standard status
Active
Property subtype
Multifamily
Amenities
$200K+ Capex Investment: Comprehensive 2023 renovation addressing every major building system across the property.
Fully Renovated Interiors: New flooring, tile showers, kitchen cabinets, appliances, paint, and fixtures throughout all 9 units.
Updated Building Systems: New roofs, electric panels on all units, commercial water heater, PEX plumbing, and structural stabilization.
All-New Mini-Split HVAC: New mini-split systems installed in every unit across both duplexes and the single-family home.
Prime Downtown Location: Located in downtown Hendersonville with walking access to shops, dining, and entertainment.
Diverse Asset Composition: Four distinct buildings (a cottage, two duplexes, and a quadplex) on a single site.
Building Details
Units
9
Listing Agency:
Charleston Office
(843) 952-2265
Listed By:
Carson Ford · License #License(s): SC: 139774, NC: LC998
(843) 952-2265
Source:
Marcusmillichap
Added: May 18
Changed: Aug 8
Last Checked: Aug 30 at 12:51PM
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 Charleston Office
Investment Insights
Based on property information with market context.
The Fleming Street Apartments, located in Hendersonville, North Carolina, is a 9-unit multifamily community. Constructed in 1960 and fully renovated in 2023, the property consists of four buildings: a cottage, two duplexes, and a quadplex. The property has undergone approximately $200,000 in capital improvements, including new roofs and gutters, new windows, full electrical panel replacement in every unit, upgraded plumbing, a new commercial water heater on the quadplex, and structural stabilization with steel piers and beams. The duplexes and cottage are equipped with new mini-split HVAC systems. Interior renovations include new flooring, updated bathrooms with tile showers, modern kitchen cabinets and appliances, and updated paint and lighting. This turnkey investment opportunity offers a fully repositioned asset with minimal deferred maintenance and immediate cash-flow stability. The property benefits from Hendersonville’s steady demand from working professionals, retirees, and seasonal residents. Short-term rental furniture is available for purchase for buyers interested in continuing short-term rentals.
Key Highlights
- Comprehensively renovated in 2023 with approximately $200,000 in capital improvements.
- Turnkey investment opportunity with minimal deferred maintenance and immediate cash‑flow stability.
- New roofs and gutters, windows, electrical panels, upgraded plumbing, and mini‑split HVAC systems.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,241
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Turnkey 9-unit multifamily community in Hendersonville, North Carolina.
Where is this multifamily property located?
The property is located at 526 Fleming St Hendersonville, NC.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Comprehensively renovated in 2023 with approximately $200,000 in capital improvements.; Turnkey investment opportunity with minimal deferred maintenance and immediate cash‑flow stability.; New roofs and gutters, windows, electrical panels, upgraded plumbing, and mini‑split HVAC systems.
