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212 & 214 Portmanvilla Road

Black Mountain, NC 28711

8 beds
8 baths
4,422 sqft
11,326 sqft lot
$248 per sqft
2011 build
– on site

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.

Listing courtesy of Canopy MLS / Heartwood Realty LLC

Last checked: Checking… • Last updated Jul 7, 2025 •

MLS# 4278450 —

The Building

Year Built:

2011
New Construction:

false
Construction Type:

Site Built
Subtype:

Fourplex
Construction Materials:

Vinyl
# of Units Total:

4
Roof:

Shingle
Foundation Details:

Crawl Space
Basement:

false
Patio And Porch Features:

Covered, Rear Porch, Screened
Building Area Total:

4422
Above Grade Finished Area:

4422

Interior

Flooring:

Tile, Wood
Living Area:

4422
Fireplace:

false

Location

Latitude:

35.62621518
Longitude:

-82.31824604
Elevation:

2000

The Property

Type:

Residential Income
Lot Features:

Green Area, Level, Wooded
Lot Size Area:

0.26
Lot Size Units:

Acres
Zoning Specification:

UR-8
Additional Parcels Description:

061949033300000
Fencing:

Partial, Privacy
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Gravel, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

061949038200000
Tax Assessed Value:

535600

Beds

Bedrooms Total:

8

Baths

Full Baths:

6
Half Baths:

4

The Listing

Special Listing Conditions:

Subject to Lease

Heating & Cooling

Heating:

Heat Pump
Cooling:

Central Air

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Features:

In Unit, Main Level

Schools

Elementary School:

Black Mountain
Middle School:

Charles D Owen
High School:

Charles D Owen

The Community

Restrictions:

Short Term Rental Allowed
HOA Subject To:

None
Senior Community:

false
Pets Allowed:

No

Parking

Parking Features:

Driveway, Parking Space(s)
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/7/25 Jul 7, 2025	Listed / Active	CMLS	$1,100,000

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This multifamily located in Black Mountain, NC 28711 is currently for sale for $1,100,000. 212 & 214 Portmanvilla Road is a 4,422 square foot multifamily with 8 beds and 8 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Charles D. Owen Middle School.

Based on information submitted to the MLS GRID as of 7/7/2025 6:37 pm. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.