212 & 214 Portmanvilla Road Black Mountain, NC $ 1,100,000
212 & 214 Portmanvilla Road
$ 1,100,000
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212 & 214 Portmanvilla Road

Black Mountain, NC, 28711
$ 1,100,000
Bedrooms8 Baths6.4 Sq 4,422

Monthly Estimate*

$ 7,597

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Multi-Family Home for sale in Black Mountain, NC

for $1,100,000 with 8 bedrooms and 6 full baths, 4 half baths. This 4,422 square foot home was built in 2011 on a lot size of 0.26.

Rare multi-family investment opportunity in popular Black Mountain! Easy access to all the nearby amenities: historic downtown district with local restaurants, shops, and breweries, Lake Tomahawk Park, Black Mountain Golf Club, and ample opportunities for outdoor recreation. Plus, just a short 20-minute drive to neighboring Asheville. This offering consists of four total units in two buildings, each designed as a side-by-side townhouse-style duplex with individual entrances. Units in #214 are 2 bedrooms and 2.5 baths; units in #212 are 2 bedrooms and 1.5 baths; each unit has its own utility meters, laundry, and private outdoor space. Meticulously maintained by the same owners for over a decade, this property is a turnkey investment opportunity in a beautiful area. Consistent rental history with long-term tenants & minimal turnover. Currently, there are 12-month leases in place for three of the units, and a month-to-month lease for the fourth. Additional details available upon request.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

8

Full Bath

6

Half Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.26

Year Built

2011

Town/City

Black Mountain

County/Region

Buncombe

MLS | Web ID

4278450

Features
General
Living Area 4422
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Cable Connected
Roof Architectural Shingle
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Microwave Refrigerator
Patio/Porch Features Covered Rear Porch Screened
Construction Materials Vinyl
Pets Allowed No
Year Built 2011
Tenant Pays All Utilities
Property Subtype Fourplex
Parcel Number 061949038200000
Elevation 2000
Additional Parcels Description 061949033300000
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Full Baths 6
High School Charles D Owen
City Black Mountain
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Carport Y/N N
Elementary School Black Mountain
Middle/Junior High School Charles D Owen
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Restrictions Short Term Rental Allowed
Tax Assessed Value 535600
Listing Terms Cash Conventional
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Interior
Flooring Tile Wood
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 4422
Half Baths 4
Laundry Features In Unit Main Level
Total Bedrooms 8
Below Grade Finished Area 0
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Exterior
Fencing Partial Privacy
Parking Features Driveway Parking Space(s)
Lot Features Green Area Level Wooded
Water Source Public
Lot Size Area 0.26
Foundation Details Crawl Space
Building Area Total 4422
Road Surface Type Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded Features
List By
Heartwood Realty Llc

Broker

Affordability Calculator

$7,597
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2091927 Elementary School
2091928 Middle School
Charles D Owen High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2025$1,100,000 Listed Price

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212 & 214 Portmanvilla Road, Black Mountain, NC, 28711 is a Multi-Family Home for sale at $1,100,000 with 4,422 sqft and a lot size of 0.26. 212 & 214 Portmanvilla Road has 8 bedrooms, 6.4 baths, and was built in 2011. The property's zip code is 28711 which is in Black Mountain, NC