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Triplex Property with Two Apartments
For Sale
$499,000

565 Neely Road, Brevard, NC 28712

Residential Income, Brevard, NC

Property SizeContact for details
Lot Size0.89 Acres
Days on Market1348

Property Features for 565 Neely Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description R
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 2, Basement, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Parking features Driveway
Patio and Porch features Porch
Pets allowed Yes
Fireplace 1
Appliances Dishwasher, Dryer, Electric Oven, Electric Water Heater, Oven, Refrigerator, Tankless Water Heater
Lot features Cleared, Level, Open Lot, Paved
Elementary school Brevard
Middle school Brevard
High school Unspecified
Directions Asheville Hwy to Neely Road left into driveway across from College Walk.
Standard status Active
APN 8586-92-5993
Lot size 0.89 Acres

Taxes and HOA fees

Tax Description Neely Road
Legal Description Neely Road

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Floor Furnace, Natural Gas, Ductless (Heating)
Cooling system Window Unit(s), Heat Pump, Ceiling Fan(s)

Building Details

Year built 1946
Number of units 3
Flooring type Vinyl, Wood, Linoleum, Carpet, Laminate
Building materials Brick Partial, Shingle/Shake
Roof type Metal, Shingle
Listing Agency: Simpson Properties of NC
Listed By: Deborah Simpson · License #185625
Added: Jan 26, 2023 Changed: Sep 15 Last Checked: Oct 5 at 12:06PM
MLS# 3937381

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential income property at 565 Neely Road includes a primary home and two separate apartments, offering a flexible configuration for multigenerational occupancy or rental use. The apartments have month-to-month tenants, and each is available for showing with 48-hour notice. Unfinished storage areas beneath the apartments add 883 square feet of auxiliary space.

The property occupies a 0.89-acre city lot in Brevard and has a driveway, porch, public sewer, and a newer roof and paint. Original construction dates to 1946, with brick and shingle or shake exterior materials, metal and shingle roofing, and a mix of heat pump, ductless, floor furnace, and natural gas heating systems. The property is a non-conforming, pre-existing use in a residential zoning area rather than a multifamily zoning district; the City of Brevard should be consulted before pursuing changes, permits, or redevelopment.

Key Highlights

  • Primary residence plus 2 separate apartments
  • Apartments have month‑to‑month tenants
  • 883 sq. ft. of unfinished storage beneath the apartments

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Bakery HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 28712, NC

18,928
Population
10,714
Households
1.8
Avg Household Size
52
Median Age
40%
College-Educated
94%
High-School Grad
116.2 sq mi
ZIP Area
163
Density / Sq Mi
$61,560
Median Household Income
$34,583
Median Earnings
$939
Median Rent
$372,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Flexible residential property with a primary home, two separate apartments, and unfinished storage areas.
Where is this triplex located?
The property is located at 565 Neely Road Brevard, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Primary residence plus 2 separate apartments; Apartments have month‑to‑month tenants; 883 sq. ft. of unfinished storage beneath the apartments
More about this property
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