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$2,300,000
24 bd
24 ba
14,040 sqft
45 Indian River Road
Hendersonville, NC 28791
Active Under Contract
128 days on market
Property Type
Residential Income
Year Built
1986
Lot Size
—
Garage
—
About This Property
This exceptional 12-unit multifamily complex in Hendersonville presents a rare investment opportunity combining quality construction, meticulous maintenance, and long-term pride of ownership. Built and maintained by the original owner/developer, the property consists of three buildings, each with four spacious units—totaling twelve well-designed residences. Every unit features 2 bedrooms, 2 bathrooms, and a private sunroom, offering tenants comfort, functionality, and desirable living space that sets this property apart from typical multifamily offerings. Each building has been thoughtfully cared for and updated as needed over the years, reflecting the owner’s commitment to maintaining the property at the highest standard. The complex is fully connected to city water and city sewer and enjoys an ideal location just minutes from downtown Hendersonville, major retail, restaurants, and medical facilities, making it highly attractive to long-term renters. With consistent occupancy, low turnover, and proven rental history, this property provides an outstanding opportunity for both seasoned investors and those seeking to expand their portfolio with a stable, income-producing asset in one of Western North Carolina’s most desirable markets. The setting offers a balance of privacy and accessibility, with gently sloping terrain, paved access, and ample parking for residents. Each unit’s design emphasizes livability, featuring open-concept layouts, well-equipped kitchens, comfortable bedrooms, and bright sunrooms perfect for year-round enjoyment. The property’s thoughtful design—with only four units per building—ensures a sense of community while maintaining individual privacy and appeal. Opportunities like this rarely come available—an entire 12-unit complex in excellent condition, located in a strong rental market with city utilities, and ideal for investors seeking a well-maintained, turnkey property in a prime Hendersonville location.
Property Details
Interior
- Bedrooms
- 24
- Bathrooms
- 24
- Living Area
- 14,040 sqft
Exterior & Lot
- Year Built
- 1986
Location
- County
- Henderson
- ZIP Code
- 28791
Financial
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Bruce Drysdale
- Middle School
- Hendersonville
- High School
- Hendersonville
Appliances
Dishwasher, Electric Cooktop, Electric Oven
Lot Features
Green Area, Level, Paved, Wooded
Location
Listing Information
- MLS #
- CAR4305685
- Listing Agent
- Noah George
- Listing Office
- George Real Estate Group Inc
- Listed Date
- Mar 16, 2026
Contact Susan Young About This Property
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