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45 Indian River Road
Hendersonville NC 28791 US

$2,300,000

Active Listing ID 4305685
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24 bed
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24.00 Bath (24 Full)
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Lot: 1.60 Acres
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Other

$2,300,000

Active Listing ID 4305685
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45 Indian River Road 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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Property Features

  • Facts
  • Lot Size: 1.60 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 24
  • Cooling System: Central Air
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)

School Information

  • School
  • Bruce Drysdale(Elementary)
  • Hendersonville(MiddleSchool)
  • Hendersonville(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2300000
  • unparsedaddress: 45 Indian River Road
  • postalcity: Hendersonville
  • stateorprovince: NC
  • country: US
  • postalcode: 28791
  • bathroomsfull: 24
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.6
  • lotsizeunits: Acres
  • lotsizearea: 1.6
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.341275
  • longitude: -82.479292
  • listagentfullname: Noah George
  • listagentemail: noahcgeorge@gmail.com
  • listagentkey: 3yd-CMLSNC-kelrnge
  • listagentmlsid: kelrnge
  • listagentpreferredphone: 8287757474
  • listagentofficephone: 8287757474
  • listofficekey: 3yd-CMLSNC-11687
  • listofficemlsid: 11687
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1986
  • listingcontractdate: 2025-10-22
  • countyorparish: Henderson
  • parcelnumber: 100705
  • elementaryschool: Bruce Drysdale
  • highschool: Hendersonville
  • appliances: Dishwasher, Electric Cooktop, Electric Oven
  • cooling: Central Air
  • constructionmaterials: Brick Partial, Vinyl
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 11, Bedroom 21, Bedroom 2, Bedroom 8, Bedroom 10, Bedroom 1, Bedroom 20, Bedroom 7, Bedroom 24, Bedroom 22, Bedroom 9, Bedroom 19, Bedroom 14, Bedroom 13, Bedroom 3, Bedroom 17, Bedroom 12, Bathroom 2, Bedroom 4, Bedroom 23, Bedroom 18, Bedroom 15, Bedroom 16
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.479294, 35.341274
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"George Real Estate Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"noahcgeorge@gmail.com", "ListBrokerageCity":"Flat Rock", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"George Real Estate Group Inc", "ListBrokeragePhone":"8283930134", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2720 Greenville Hwy Ste 30", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2720 Greenville Hwy Ste 30 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11687", "ListOfficeCity":"Flat Rock", "ListOfficeCountry":"USA", "ListOfficeEmail":"gailsatzrealtor@gmail.com", "ListOfficePostalCode":"28731", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Hendersonville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/45-Indian-River-Rd_Hendersonville_NC_28791_M69539-92313?f=listhub&s=CMLSNC&m=4305685&c=rexren", "MLSModificationTimestamp":"2025-10-22 06:17:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"PALANZA DR ON", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2025 1:42:38 PM GMT
Source Updated Date: 12/15/2025 6:45:15 PM GMT

Courtesy of: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.