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45 Indian River RoadHendersonville, NC 28791Price: $2,300,000

  • Price: $2,300,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.24% last updated on Nov 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,300,000List Price
  • 24Bedrooms
  • 24Full Bath
  • 1.6Acreage
  • 14,040Square Feet
  • CAR4305685MLS Number

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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 of 45 Indian River Road

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Listed by Noah George of George Real Estate Group Inc (noahcgeorge@gmail.com)

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