$650,000
( $237.31Per Sq Foot )
 $3,489 est/mo Sourced by Back At You

111-113 Stewart Street,Hendersonville, NC 28792

Hendersonville, NC 28792

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Description

111-113 Stewart Street: Four Units, One Property If this is your first rental property, here's what makes Stewart Street worth a second look: one property, three buildings, 2,360 total square feet of heated living area, and four separate spaces that can each generate income on their own. You don't have to pick one strategy on day one. Live in one unit and rent the rest, lease all four long-term, keep one as a short-term rental for extra cash flow, or mix and match while you figure out what works for you. Main house, Upper Level-- Two bedrooms, a full bath, and a real kitchen, reached through its own private entrance so a tenant here never has to pass through the rest of the property to get home. There's a gas fireplace that can be converted back to wood-burning if a tenant or owner wants that someday. Has its own front entrance and back porch with an exit, straightforward long-term lease material. Main house, Ground Level-- Also laid out as two bedrooms with a full bath, this level has its own full kitchen, a full-size side-by-side washer-dryer, and two more gas fireplaces that can also switch back to wood-burning, and electric heat covers the rest of the floor. It's self-contained enough to work as its own long-term rental, an in-law suite, or a live/work space for a tenant who wants room to run something small out of the ground floor. Has its own front entrance and back door with deck. The Writing Cottage (ADU)-- A freestanding building, originally built as a writing cottage, well-suited to short-term rental use: it has a gas-log fireplace in the bedroom, its own kitchen with a stacked washer-dryer and a full bath, so guests can be fully self-sufficient. It sits on its own septic system, separate from the city sewer that serves the main house and garage, with the tie-in already run if a future owner wants to convert it over. Being a short walk from a restaurant and a tea room only helps here; guests notice that kind of thing when they're choosing where to book. The Garage Studio-- This one used to be a plain garage; a remodel around 2017 turned it into a studio and put in its wiring and plumbing for the first time, along with a full bath and a kitchenette on the ground level. There's a loft above for sleeping or extra storage. Turning this into a fully self-contained fourth unit is mostly a matter of finishing out the loft, not adding new infrastructure, which makes it the value-add piece of the four. Location does some of the leasing for you. The property sits just off Greenville Highway, about a three-minute walk from Flat Rock Wood Room and roughly four minutes from A Southern Cup Fine Teas and Boxwoods, with groceries and other everyday shopping just a short drive away. That's close enough to matter in a listing photo caption, and it's the kind of detail that helps both long-term tenants and short-term guests pick this property over a similar one a mile away.

Details

MLS #4410279
Listing TypeFor Sale
StyleBed/breakfast
Sub-TypeResale
StatusActive
Year1926
Days On Site24
Listing Provided ByHoward Hanna Beverly-Hanks Asheville-Downtown | Michelle Turner

Features

Bath(s)4
SQ Feet2,739
Building(s)3
ZoningGHMU
Acreage0.28
Water FrontYes

Interior

CoolingWindow Unit(s)
HeatingBaseboard, Electric, Natural Gas, Wall Furnace
AppliancesBar Fridge, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer

Exterior

RoofArchitectural Shingle
Construction MaterialsAluminum, Shingle/Shake, Wood
Foundation DetailsCrawl Space
Lot FeaturesLevel

Parking

Parking FeaturesDriveway, On Street

Utilities

UtilitiesCable Available, Electricity Connected, Natural Gas, Wired Internet Available

Other

List AorLand of The Sky Association of Realtors

Taxes

Property276700

Area Information

StateNC
CountyHenderson
CityHendersonville
Zip Code28792
AreaHenderson
Listing VS Median (in 28792)
Price:
$650,000
low | high
Med:
$469,900
77.707692307692% of Average
sqft:
2,739
low | high
Med:
1,255
100% of Average
$ / sqft:
$237
low | high
Med:
$374
7.775801409746% of Average
On site:
24
low | high
Med:
364
6.593406593407% of Average
Sourced by Back At You

Market Activity 28792

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 25, 2026 at 1:21:25 PM PDT 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.

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Learn More About This Property

StateNC
CountyHenderson
CityHendersonville
Zip Code28792
AreaHenderson
Listing VS Median (in 28792)
Price:
$650,000
low | high
Med:
$469,900
77.707692307692% of Average
sqft:
2,739
low | high
Med:
1,255
100% of Average
$ / sqft:
$237
low | high
Med:
$374
7.775801409746% of Average
On site:
24
low | high
Med:
364
6.593406593407% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
111-113 Stewart Street Property Photo 1
$650,000
111-113 Stewart Street
Hendersonville, NC 28792
47 Victoria Park Drive Property Photo 1
$399,000
47 Victoria Park Drive
Hendersonville, NC 28792
Listing Updated: August 24, 2026 at 5:29:01 AM PDT
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