$645,000

111-113 Stewart Street: Four Units, One Property Rare multi-building opportunity in Hendersonville! Ideal for first-time investors or house-hackers, this 2,739 sq ft compound on Stewart Street features three buildings and four separate, income-producing units. Live in one and rent the rest, lease all four long-term, or mix in short-term rentals—the ultimate… Read More flexible setup. Highlights include a fully fenced Main House; walkable to restaurants and shops, and is 1.5 miles to the Ecusta Trail in downtown Hendersonville. First time leaving the family since 1931!! Main House, Upper Level Two bedrooms, a full bath, and a full 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, which makes it mixed-use (it can be commercial or residential). You could live in the upper unit and have a retail shop in the lower unit. It is 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. The Cottage at 111 Stewart has its own separate utilities. The Studio is on the Main House's utilities. The 2 bedrooms upstairs in the Main House cannot be counted in the MLS square footage since there is no permanent heat source in those two rooms. All roofs were replaced in 2020. Between 2011-2017, the wiring and pipes were replaced (except for the upstairs bathroom pipes), the Main House at 113 was connected to city sewer, and the studio apartment was created. The Writing Cottage is still on the original septic, but everything is in place to connect to sewer if desired. Read Less

Courtesy of Howard Hanna Beverly-Hanks Asheville-Downtown 828-254-7221

Listing Snapshot | Source HomeJunction

Days Online

Last Updated

Oct 24, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

2,479

Year Built

1926

MLS Number

4409778

Additional Details | Source HomeJunction

Property Access

Road Responsibility: Publicly Maintained Road, Road Surface: Gravel, Paved

Appliances & Equipment

Bar Fridge, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer

Building

Built in 1926, Living area: 2479, Levels: Two, Construction Materials: Aluminum, Shingle/Shake, Wood

Cooling

Window Unit(s)

Exterior Features

Patio/Porch Features: Covered, Deck, Enclosed, Front Porch, Porch, Rear Porch, Screened, Fire Pit

Fence

Fenced, Full

Fireplaces

Family Room, Fire Pit, Gas, Gas Log, Gas Vented, Insert, Living Room, Primary Bedroom, Other - See Remarks

Floors

Vinyl, Wood

Foundation

Crawl Space

Heating

Baseboard, Electric, Natural Gas, Wall Furnace

Interior Features

Attic Stairs Pulldown, Pantry

Laundry

In Kitchen, Mud Room

Lot

Level

Parking

4 open parking spaces, Other Parking: Two cars can fit in both driveways (Main House & Cottage). There is also street parking., Driveway, On Street

Property

Other structures: Shed(s)

Roof

Architectural Shingle

Sewer

Public Sewer, Septic Installed

Taxes

Additional parcels description:, Parcel Number: 9577196205, Assessed Value: $276,700, Zoning: GHMU

Utilities

Cable Available, Electricity Connected, Natural Gas, Wired Internet Available, Water Source: City

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator | Source HomeJunction

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

Buyers

Offices

Sellers

About

111-113 Stewart Street

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send