Fiveplex at Black Mountain
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#1 Entry - Black Mountain
#1 (main level) - Black Mountain
#1 (main level) - Black Mountain
#1 (main level) - Black Mountain
#1 (main level) - Black Mountain
#1 (main level) - Black Mountain
#1 (main level) - Black Mountain
#2 Entry - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#2 (main level) - Black Mountain
#3/#4 Entry - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#3 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#4 (upper level) - Black Mountain
#5 Entry - Black Mountain
#5 (main level) - Black Mountain
#5 (main level) - Black Mountain
#5 (main level) - Black Mountain
Fiveplex at Black Mountain, photo 46 of 48
Fiveplex at Black Mountain, photo 47 of 48
Fiveplex at Black Mountain, photo 48 of 48
48 photos

$975,000

Black Mountain, NC 28711
Listed by Alan Wray · Heartwood Realty LLC
Bedrooms
5
Bathrooms
5
Living area
2,316 sqft
Year built
1909

About this home

Successful short-term rental property in downtown Black Mountain! The original home has been converted into five distinct units, each with its own private entrance & dedicated parking. This property has the charm and character of a historic home, with many modern updates. Every space you enter is comfortable & inviting, with good natural light. Guests enjoy relaxing in the rocking chairs on the front porch & strolling into downtown Black Mountain to dine and shop at all the local establishments. With great reviews, plenty of repeat guests, and many longer bookings, this property is an investor's dream. Offered fully furnished, with a dedicated housekeeping staff that would love the opportunity to stay on board. This is truly a turnkey opportunity for someone interested in taking over an established business in a popular area. Owners report 77% occupancy YTD, through April 2026. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. All units are metered separately for electricity & gas, offering flexibility if a buyer wanted to convert to long-term rentals in the future. See floor plan sketch for a detailed drawing of the building's layout. Financial information available upon request. This is an active vacation rental property, and showing requests will be accommodated based on occupancy. Virtual tour available here: https://my.matterport.com/show/?m=E9cHPnV4x2X&mls=1

Property details

MLS #
CAR4377818
Property type
Fiveplex
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
May 7, 2026
Stories
2
Total bathrooms
5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Black Mountain Elementary
0.68 mi away · Grades 4-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
146
Student:teacher ratio
11.2:1
District
Buncombe County Schools
Middle
Owen Middle
3.05 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
457
Student:teacher ratio
13.4:1
District
Buncombe County Schools
High
Early College
13.54 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Black Mountain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
3 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in Black Mountain, from live MLS data.

On the market 0 days -- 136 fewer days than Black Mountain's current average of 136 days.
For reference, the median list price across 246 active listings in Black Mountain right now is $409,798.

Mortgage calculator

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Est. monthly payment
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.