Listing by: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com
24 Beds
24 Full baths
14,040SqFt
Active
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 | ||
|---|---|---|
| Price | $2,300,000 | |
| Bedrooms | 24 | |
| Full Baths | 24 | |
| Half Baths | 0 | |
| Lot Size Area | 1.6 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Year Built | 1986 | |
| Roof | Architectural Shingle | |
| Heating | Heat Pump | |
| Foundation | Slab | |
| Lot Description | Green Area, Level, Paved, Wooded | |
| Laundry Features | In Unit | |
| Parking Description | Parking Lot, Parking Space(s) | |
Geographic Data | ||
| County | Henderson | |
| Latitude | 35.341275 | |
| Longitude | -82.479292 | |
Address Information | ||
| Address | 45 Indian River Road, Hendersonville, NC 28791 | |
| Postal Code | 28791 | |
| City | Hendersonville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | George Real Estate Group Inc | |
| Listing Office Phone | 828-393-0134 | |
| Listing Agent | Noah George | |
| Listing Agent Phone | 828-775-7474 | |
| Attribution Contact | noahcgeorge@gmail.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | Bruce Drysdale | |
| Middle School | Hendersonville | |
| High School | Hendersonville | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Oct 22, 2025 | |
| Listing Last Modified | Oct 22, 2025 | |
| Tax ID | 100705 | |
| MLS # | CAR4305685 | |
Map View
Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-10-29T20:39:11.79413Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: info@cbbh.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.