Updated Duplex with Separate
For Sale
$335,000
827 Forest St, Hendersonville, NC 28739
Two residential units sit on an established lot near downtown Hendersonville, with distinct driveways and rental history.
Property Size678 SF
Price / SF$494.10
Days on Market12
Property Features for 827 Forest St
General Information
Standard status
Active
Size
678 SF
Property subtype
Residential Income
Additional Details
Cap Rate
8.5%
Highway Access
Yes
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
LPT Realty, LLC
(828) 577-3955
Listed By:
Chuck Gould
(828) 577-3955
Source:
Exprealty
Added: Aug 20
Changed: Aug 30
Last Checked: Aug 30 at 11:04PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This two-unit residential property includes a downstairs apartment with concrete block exterior walls, slab foundation, ceramic tile flooring, a natural gas furnace, washer and dryer connections, and an updated shower with glass surround. The kitchen has a butcher block countertop, electric range, and refrigerator. The upper one-bedroom unit features newer LVP flooring, tiled kitchen and bath areas, an upgraded shower surround, and a natural gas range and furnace. Both units use window AC units and have insulated windows.
The duplex is located less than half a mile from Ecusta Trail and approximately a half mile from downtown Hendersonville, with access to Asheville Highway and I-26 nearby. The property includes two separate driveways, lower-level storage, and an established yard. The roof was replaced in 2017. Tenants are responsible for electricity, gas, and lawn care, while ownership retains water, sewer, and garbage responsibilities. The property has an 8.5% cap rate.
The duplex is located less than half a mile from Ecusta Trail and approximately a half mile from downtown Hendersonville, with access to Asheville Highway and I-26 nearby. The property includes two separate driveways, lower-level storage, and an established yard. The roof was replaced in 2017. Tenants are responsible for electricity, gas, and lawn care, while ownership retains water, sewer, and garbage responsibilities. The property has an 8.5% cap rate.
Key Highlights
- Duplex with separate driveways serving the two units
- Less than half a mile from Ecusta Trail
- Approximately a half mile from downtown Hendersonville
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
508
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units sit on an established lot near downtown Hendersonville, with distinct driveways and rental history.
Where is this duplex located?
The property is located at 827 Forest St 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: Duplex with separate driveways serving the two units; Less than half a mile from Ecusta Trail; Approximately a half mile from downtown Hendersonville
