45 Indian River RD Active Save Request In-Person Tour Request Virtual Tour
Hendersonville,NC 28791
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 14,040 sqft
Price per Sqft $163
MLS Listing ID 4305685
Bedrooms 24
Full Baths 24
Abv Grd Liv Area 14,040
Year Built 1986
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Apartment
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.
Location
State NC
County Henderson
Zoning R-15
Interior
Heating Heat Pump
Cooling Central Air
Fireplace false
Appliance Dishwasher,Electric Cooktop,Electric Oven
Laundry In Unit
Exterior
Roof Type Architectural Shingle
Street Surface Concrete,Paved
Garage false
Building
Lot Description Green Area,Level,Paved,Wooded
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Brick Partial,Vinyl
New Construction false
Schools
Elementary Schools Bruce Drysdale
Middle Schools Hendersonville
High Schools Hendersonville
Others
Pets Allowed Yes
Senior Community false
Special Listing Condition None