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  • Price cut: $31K (6/24)
    $499,000

    565 Neely Rd, Brevard, NC 28712

    5beds
    1,296sqft
    : 
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    Triplex
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $-- HOA

    What's special

    Welcome to 565 Neely Road — a rare and remarkable multi-generational home in the heart of Brevard, NC, where comfort, care, and connection come together. This thoughtfully maintained property tells a story that goes far beyond its walls — a true legacy of love. For years, it has been a place where generations have gathered, memories have been made, and every detail has been lovingly cared for. From its inviting living spaces to its well-kept grounds, pride of ownership is evident at every turn. Designed with flexibility in mind, this home is ideal for multi-generational living, offering the space and privacy needed for extended family while still fostering togetherness. In addition to the main residence, the property features separate apartments that present an excellent opportunity for income-producing potential — perfect for long-term tenants, guests, or supplemental rental income. Whether you're envisioning shared meals, quiet mornings, lively celebrations, or a smart investment, this property offers it all. Warm, welcoming, and rich with history, 565 Neely Road is more than just a home — it’s an opportunity to continue a beautiful story while building financial opportunity for the future. Come experience the comfort, character, and enduring charm for yourself. (newer roof and paint) Two apartments with month-to-month tenants (income potential!) Unfinished storage areas below apartments totaling 883 sq. ft. Oversized city lot – potential for additional storage structure (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. Cash Only! Also listed in Residential MLS# 4074647
    1251 days
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    184
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    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah Simpson ithinkicaninnc@hotmail.com,

    Simpson Properties of NC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 3937381MLS Logo

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      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: $385/sqft
      • Tax assessed value: $485,450
      • Annual tax amount: $1,572
      • Date on market: 1/26/2023
      • Cumulative days on market: 1204 days
      • Listing terms: Cash
      • Tenant pays: All Utilities
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Price change$499,000-5.8%$385/sqft
        Source: Canopy MLS as distributed by MLS GRID #4074647 Report a problem
        5/10/2026Pending sale$530,000$409/sqft
        Source: Canopy MLS as distributed by MLS GRID #4074647 Report a problem
        1/15/2026Price change$530,000-3.6%$409/sqft
        Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem
        1/11/2025Price change$549,900-1.8%$424/sqft
        Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem
        10/2/2023Price change$560,000-4.3%$432/sqft
        Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem
        1/26/2023Listed for sale$585,000$451/sqft
        Source: Canopy MLS as distributed by MLS GRID #3937381 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,572 $260,520
        2023$1,572 $260,520
        2022$1,572 $260,520
        2021$1,572 -1.1%$260,520 +87.8%
        2020$1,590 +80.2%$138,740
        2019$882 -37.7%$138,740
        2018$1,417 +1.5%$138,740
        2017$1,396 $138,740
        2016$1,396 +24.3%$138,740 +1.1%
        2015$1,123 $137,190
        2014$1,123 $137,190 +1.1%
        2011-- $135,690
        2010-- $135,690

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28712

        Getting around

        22 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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