We present Hubble Space Telescope (HST) Space Telescope Imaging Spectrograph observations of the galaxy NGC 4382 (M85) and axisymmetric models of the galaxy to determine mass-to-light ratio (ϒ V ) and central black hole mass (M BH ). We find7 M at an assumed distance of 17.9 Mpc, consistent with no black hole. The upper limit, M BH < 9.6 × 10 7 M (2σ ) or M BH < 1.4 × 10 8 (3σ ), is consistent with the current M-σ relation, which predicts M BH = 8.8 × 10 7 M at σ e = 182 km s −1 , but low for the current M -L relation, which predicts M BH = 7.8 × 10 8 M at L V = 8.9 × 10 10 L ,V . HST images show the nucleus to be double, suggesting the presence of a nuclear eccentric stellar disk, analogous to the Tremaine disk in M31. This conclusion is supported by the HST velocity dispersion profile. Despite the presence of this non-axisymmetric feature and evidence of a recent merger, we conclude that the reliability of our black hole mass determination is not hindered. The inferred low black hole mass may explain the lack of nuclear activity.