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45 Indian River Road, Hendersonville, NC 28791

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For Sale

$2,300,000

24 beds • 24 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Apartment
    Property type

  • 31-40 Years Old
    Age

Explore 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.
MLS# 4305685

Courtesy Of George Real Estate Group Inc

(828) 393-0134

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Dishwasher
  • Lot Size
    1.6 Acres

Map and Directions

Directions to 45 Indian River Road, Hendersonville, NC 28791

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Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connected

(828) 348-0222
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.