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212 & 214 Portmanvilla Road

Black Mountain, NC 28711
  • $1,100,000
  • STATUS: Active
  • ON SITE: 278 Days
  • MLS #: 4278450
UPDATED: 57 min ago
$1,100,000
  • 8
    BEDS
  • 0.26
    ACRES
  • 6
    BATHS
  • 4
    1/2 BATHS
  • 4,422
    SQFT
  • $249
    $/SQFT
Type:
Multi-Family
Built:
2011
County:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Heartwood Realty LLC: 828-348-5720. Copyright 2026 Canopy MLS. All rights reserved.

Description

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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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-12T20:33:41.063 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carolina Coastal Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

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www.carolinacoastalgroup.com/homes/165612266
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212 & 214 Portmanvilla Road Black Mountain, NC 28711

  • Price: $1,100,000
  • Status: Active
  • On Site: 278 Days
  • Updated: 57 min ago
  • MLS #: 4278450
8
Beds
6
Baths
4
½ Baths
0.26
Acres
4,422
SQFT
$249
$/SQFT
2011
Built
County:
Buncombe
Area:
Black Mountain
Elementary School:
Black Mountain
Middle School:
Charles D Owen
High School:
Charles D Owen
Property Description
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.
Exterior Features

Carport YN No Construction Materials Vinyl Construction Type Site Built Fencing PartialPrivacy Foundation Details Crawl Space Garage YN No Lot Features Green AreaLevelWooded Main Level Garage YN No Parking Features DrivewayParking Space(s) Patio And Porch Features CoveredRear PorchScreened Road Responsibility Publicly Maintained Road Road Surface Type GravelPaved Roof Shingle

Interior Features

Above Grade Finished Area 4422 Additional Parcels Description 061949033300000 Appliances DishwasherElectric OvenElectric RangeElectric Water HeaterMicrowaveRefrigerator Basement YN No Below Grade Finished Area 0 Building Area Total 4422 Cooling Central Air Fireplace YN No Flooring TileWood Heating Heat Pump Laundry Features In UnitMain Level

Property Features

Additional Parcels YN True Association YN No Assumable YN No Auction YN No CCRSubject To Undiscovered City Taxes Paid To Black Mountain Elevation 2000 Hoa Subject To None Listing Terms CashConventional New Construction YN No Pets Allowed No Property Sub Type Fourplex Restrictions Short Term Rental Allowed Senior Community YN No Sewer Public Sewer Special Listing Conditions Subject to Lease Tenant Pays All Utilities Utilities Cable Connected Water Source Public



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-12T20:33:41.063 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carolina Coastal Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Carolina Coastal Group
514 N Howe St
Southport NC, 28461
Canopy MLS logo Offered by Heartwood Realty LLC: 828-348-5720. Copyright 2026 Canopy MLS. All rights reserved.