17 Randolph Avenue

Flat Rock, NC 28731

About this property

Investment opportunity in Flat Rock, featuring two separate duplex buildings with a total of four residential units. All units are occupied with a strong rental history. List price represents a CAP rate of 8.7% based on 2026 expected income. Each unit offers two bedrooms and one bath. All units have their dedicated carport area, with individual laundry facilities conveniently within the carport. All four units are equipped with separate heat pump systems, three of which have been recently updated. Less than 10 minutes from downtown Hendersonville, the property offers convenient access to shopping, dining, employment and everyday amenities while maintaining the appeal of the Flat Rock area. This property presents an attractive opportunity for investors looking to add a multi-unit, potential income-producing property to their portfolio.

About this property

Investment opportunity in Flat Rock, featuring two separate duplex buildings with a total of four residential units. All units are occupied with a strong rental history. List price represents a CAP rate of 8.7% based on 2026 expected income. Each unit offers two bedrooms and one bath. All units have their dedicated carport area, with individual laundry facilities conveniently within the carport. All four units are equipped with separate heat pump systems, three of which have been recently updated. Less than 10 minutes from downtown Hendersonville, the property offers convenient access to shopping, dining, employment and everyday amenities while maintaining the appeal of the Flat Rock area. This property presents an attractive opportunity for investors looking to add a multi-unit, potential income-producing property to their portfolio.

Features and Additional Information

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$899,900 Active
3,750 sqft

Presented By TLCox and Company

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Premier Sotheby's International Realty
1-828-277-3238
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Area Information

Henderson | Henderson County |

$ 899,900
This listing is play_arrow 50.0% higher than the average in the area
$ 599,900 in the area
3,750 SqFt
This listing is play_arrow 99.3% larger than the average in the area
1,882 SqFt in the area
$ 240 $/SqFt
This listing is play_arrow 24.7% less than the average in the area
$ 319 $/SqFt in the area
17 days on site
This listing is play_arrow 66.0% below the average in the area
50 days on site in the area

Schools in the Area

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    Elementary School
    Sugarloaf
  • turned_in
    Middle School
    Flat Rock
  • turned_in
    High School
    East Henderson
Listed By Mitch Miller
Brokerage: Premier Sotheby's International Realty

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