Rare Find in Brevard!
NEW Roof & Fresh Exterior Paint!
This unique property includes a 3-bedroom home plus 2 additional apartments on an oversized .89-acre city lot. Conveniently located directly across from College Walk, this property offers great investment potential.
Features:
3BR main home with character and updates
Two apartments with month-to-month tenants (income potential!)
Unfinished storage areas below apartments totaling 883 sq. ft.
Oversized city lot – potential for additional structures (with City approval)
Important Notes:
Property is a non-conforming, pre-existing use since zoning is residential (not multi-family). Please consult with the City of Brevard regarding any changes, permitting, or redevelopment plans.
Heated Living Area (HLA) is based on the home and one apartment:
Apt #1: Ceiling height 6’9”–6’10” (346 sq. ft. not included in HLA).
Apt #2: 175 sq. ft. not included in HLA.
Showings:
House and apartments available by appointment.
48-hour notice required to show apartments.
This property is perfect for investors, multi-generational living, or those seeking rental income in the heart of Brevard! Also listed in Residential MLS# 4074647
Active
$549,900
565 Neely Rd, Brevard, NC 28712
5beds
1,296sqft
Est.:
Triplex
Built in 1946
-- sqft lot
$-- Zestimate®
$424/sqft
$-- HOA
What's special
Oversized city lotNew roofFresh exterior paintPotential for additional structures
- 1083 days |
- 293 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: December 29, 2025 at 10:44am
Listing Provided by:
Deborah Simpson ithinkicaninnc@hotmail.com,
Simpson Properties of NC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3937381
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless, Floor Furnace, Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Heat Pump, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Oven, Refrigerator, Tankless Water Heater
- Laundry: In Kitchen, Porch
Features
- Flooring: Carpet, Laminate, Linoleum, Vinyl, Wood
- Has basement: Yes
- Fireplace features: Insert, Living Room, Wood Burning
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,296 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Front Porch, Rear Porch, Other
Lot
- Size: 0.89 Acres
- Features: Cleared, Level, Open Lot, Paved
Details
- Parcel number: 8586925993
- Zoning: R
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick Partial, Shingle/Shake
- Roof: Metal
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Brevard
Financial & listing details
- Price per square foot: $424/sqft
- Tax assessed value: $485,450
- Annual tax amount: $1,572
- Date on market: 1/26/2023
- Cumulative days on market: 1080 days
- Listing terms: Cash,Construction Perm Loan,Conventional,Exchange
- Tenant pays: All Utilities
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2025 | Price change | $549,900-1.8%$424/sqft |
Source:  Canopy MLS as distributed by MLS GRID #3937381 Report a problem | ||
| 10/2/2023 | Price change | $560,000-4.3%$432/sqft |
Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem | ||
| 1/26/2023 | Listed for sale | $585,000$451/sqft |
Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,572 | $260,520 |
| 2023 | $1,572 | $260,520 |
| 2022 | $1,572 | $260,520 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,988/mo
Principal & interest
$2585
Property taxes
$211
Home insurance
$192
Climate risks
Neighborhood: 28712
Nearby schools
GreatSchools rating
- NATCS Online Learning PathGrades: K-12Distance: 1.4 mi
- 8/10Brevard MiddleGrades: 6-8Distance: 0.8 mi
- 4/10Brevard ElementaryGrades: PK-5Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Brevard
- Middle: Brevard
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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