Duplex on Smoke Rise Hill Dr - 17 Randolph Avenue, Flat Rock
Aerial (Approximate Boundary Lines) - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Duplex on Smoke Rise Hill Dr - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Living room/Dining Room - 17 Randolph Avenue, Flat Rock
Living room/Dining Room - 17 Randolph Avenue, Flat Rock
Living room/Dining Room - 17 Randolph Avenue, Flat Rock
Kitchen - 17 Randolph Avenue, Flat Rock
Kitchen - 17 Randolph Avenue, Flat Rock
Bedroom #1 - 17 Randolph Avenue, Flat Rock
Bedroom #1 - 17 Randolph Avenue, Flat Rock
Full Bathroom - 17 Randolph Avenue, Flat Rock
Bedroom #2 - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Aerial (Approximate Boundary Lines) - 17 Randolph Avenue, Flat Rock
Aerial - 17 Randolph Avenue, Flat Rock
Aerial (Approximate Boundary Lines) - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Duplex on Smoke Rise Hill Dr - 17 Randolph Avenue, Flat Rock
Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Duplex on Smoke Rise Hill Dr - 17 Randolph Avenue, Flat Rock
New Back Deck on  the Duplex on Smoke Rise Hill Dr - 17 Randolph Avenue, Flat Rock
Back patio on the Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Back patio on the Duplex on Randolph Ave - 17 Randolph Avenue, Flat Rock
Laundry room located in carport for each unit. - 17 Randolph Avenue, Flat Rock
27 photos

$899,900

17 Randolph Avenue
Flat Rock, NC 28731
Listed by Mitch Miller · Premier Sotheby’s International Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1970

About this home

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 own 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 income-producing property to their portfolio.

Property details

MLS
Canopy MLS
MLS #
CAR4432107
Property type
None
Subdivision
N/A
Status
Active
Days on market
3
On market date
October 9, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
Loading map…

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.

Elementary
Hendersonville Elementary
3.45 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
321
Student:teacher ratio
14.6:1
District
Henderson County Schools
Middle
Flat Rock Middle
3.13 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
761
Student:teacher ratio
15.5:1
District
Henderson County Schools
High
East Henderson High
1.24 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
910
Student:teacher ratio
15.2:1
District
Henderson County Schools

Walkability

Blended score for Flat Rock'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).

26
Car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable
Google Places amenity density
23 / 100
Restaurants & cafes3
Grocery stores1
Parks0
Schools2
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$5,569/mo
$179,980 down
$719,920 loan
Principal & interest$4,669
Property tax (est.)$750
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 5 days ago.

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.