45 Indian River Road, Hendersonville, NC 28791
- $1,317,500
- 24
- BD
- 14,040
- SqFt
Listing courtesy of George Real Estate Group Inc. noahcgeorge@gmail.com
Sold listing courtesy of George Real Estate Group Inc
- Sold Price
- $1,317,500
- List Price
- $2,300,000
- MLS#
- 4305685
- Status
- CLOSED
- Days on Market
- 204
- Property Type
- Residential Income
- Year Built
- 1986
- Closing Date
- May 14, 2026
- Bedrooms
- 24
- Full Baths
- 24
- Lot Size
- 69,696
- Lot Size Area
- 1.6
- Living Area
- 14,040
- Sq Ft Total
- 14040
- County
- Henderson
- Special Conditions
- None
Property Description
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.
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Additional Information
- Equipment
- Dishwasher, Electric Cooktop, Electric Oven
- Foundation
- Slab
- Laundry Location
- In Unit
- Heating
- Heat Pump
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Brick Partial, Vinyl
- Roof
- Architectural Shingle
- Parking
- Parking Lot, Parking Space(s)
- Driveway
- Concrete, Paved
- Lot Description
- Green Area, Level, Paved, Wooded
- Elementary School
- Bruce Drysdale
- Middle School
- Hendersonville
- High School
- Hendersonville
- Total Property HLA
- 14040
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