Duplex with Separate
For Sale
$335,000
827 Forest Street, Hendersonville, NC 28739
Residential Income, Hendersonville, NC
Property SizeContact for details
Lot Size0.23 Acres
Days on Market47
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
Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bathroom 2, Laundry Room
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
(877) 366-2213
Listed By:
Chuck Gould
(828) 577-3955
Added: Aug 20
Changed: Sep 28
Last Checked: Oct 5 at 2:06PM
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 contains two residential units on a 0.23-acre lot with established yard space and two separate driveways. The downstairs apartment has concrete block exterior walls, a slab foundation, ceramic tile flooring, a natural gas furnace, washer and dryer connections, an updated shower with glass surround, and a kitchen with butcher block countertop, electric range, and refrigerator. The upstairs one-bedroom unit includes newer LVP flooring, tile in the kitchen and bath, an upgraded shower surround, natural gas range and furnace, and insulated windows. Both units use window-unit air conditioning.
Additional features include lower-level storage, vinyl and fiber cement exterior siding, public sewer, and a roof replaced in 2017. The property is less than half a mile from Ecusta Trail and approximately a half mile from downtown Hendersonville, with access to Asheville Highway and I-26 minutes away. The reported CAP rate is 8.5%.
Additional features include lower-level storage, vinyl and fiber cement exterior siding, public sewer, and a roof replaced in 2017. The property is less than half a mile from Ecusta Trail and approximately a half mile from downtown Hendersonville, with access to Asheville Highway and I-26 minutes away. The reported CAP rate is 8.5%.
Key Highlights
- Two‑unit residential property on 0.23 acres
- Reported 8.5% CAP rate
- Two separate driveways, one serving each unit
Property Analytics
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Current Use
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
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences occupy an established neighborhood lot with individual driveway access and in-town convenience.
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 residential property on 0.23 acres; Reported 8.5% CAP rate; Two separate driveways, one serving each unit
