Price Reduction - Primary on Main
Address
111-113 Stewart Street, Hendersonville, NC
Price
$ 645,000
Property Attributes
  • ID#4409778
  • TypeSingle Family
  • Listing Status Active
  • CountyHENDERSON
  • CityHendersonville
  • AreaHenderson County
  • NeighborhoodStepp Jones Property
  • Zip28792
  • StyleArts and Crafts,Bungalow,Cottage
  • Year Built1926
  • Price$ 645,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2479
  • Lot Size0.28 Acres
Data Source:
Canopy MLS
Property Description

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 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.

Elementary School Middle School High School
Hillandale Elementary School Hendersonville Middle School Hendersonville High School
Price History
7/31/2026 Listed $650,000
8/28/2026 1$645,000

General Features

Living Area 1854
Sewer Public Sewer,Septic Installed
Heating Baseboard,Electric,Natural Gas,Wall Furnace
Cooling Window Unit(s)
Utilities Cable Available,Electricity Connected,Natural Gas,Wired Internet Available
Roof Architectural Shingle
Appliances Bar Fridge,Dryer,Electric Water Heater,Gas Range,Microwave,Refrigerator,Washer,Washer/Dryer
Zoning GHMU
Patio/Porch Features Covered,Deck,Enclosed,Front Porch,Porch,Rear Porch,Screened
Architectural Style Arts and Crafts,Bungalow,Cottage
Construction Materials Aluminum,Shingle/Shake,Wood
Year Built 1926
Levels Two
Property Subtype Single Family Residence
Parcel Number 9577196205
Waterfront Features None
County Henderson
New Construction No
Property Type Residential
HOA No
Subdivision Name Stepp Jones Property
Garage Y/N No
Other Structures Shed(s)
Full Baths 4
Directions From Asheville: Follow I-26 E to Upward Rd in Henderson County. Take exit 53 from I-26 E 27 min (27.1 mi) Merge onto I-240 W/US-70 W/US-74 ALT W Continue to follow I-240 W/US-74 ALT W 1.8 mi
High School Hendersonville
City Hendersonville
Senior Community Y/N No
Open Parking Spaces 4
Lot Size Units Acres
Carport Y/N No
Elementary School Hillandale
Middle/Junior High School Hendersonville
Additional Parcels Y/N No
Virtual Tour https://www.zillow.com/view-imx/4a226340-3b5b-4a74-a7b1-365757e1e12c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 276700
Virtual Tour https://www.zillow.com/view-imx/4a226340-3b5b-4a74-a7b1-365757e1e12c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Listing Terms Cash,Conventional,Exchange

Interior Features

Interior Amenities Attic Stairs Pulldown,Pantry
Flooring Vinyl,Wood
Fireplace Features Family Room,Fire Pit,Gas,Gas Log,Gas Vented,Insert,Living Room,Primary Bedroom,Other - See Remarks
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1854
Laundry Features In Kitchen,Mud Room
Total Bedrooms 6
Total Baths 4
SqFt Main 921
SqFt Lower 285
SqFt Upper 648
Bedroom 2

Exterior Features

Exterior Amenities Fire Pit
Fencing Fenced,Full
Parking Features Driveway,On Street
Lot Features Level
Water Source City
Lot Size Area 0.28
Foundation Details Crawl Space
Road Surface Type Gravel,Paved
Other Parking Two cars can fit in both driveways (Main House & Cottage). There is also street parking.
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28792

Price
AVG $690K
$650K
Year Built
AVG 1994
1926
Visits
AVG 243
27
Data Provided by Inside Real Estate®

Your Agent

Listed By
Howard Hanna Beverly-Hanks Asheville-Downtown; Michelle@LovingAshevilleLiving.com