146 and 148 Monteith Road, Brevard, NC 28712
MULTI_FAMILY - Brevard, NC
- Added:
- Feb 5, 2026
- Days on Market:
- 151
- Last Refresh:
- Jul 6 at 11:06 am
Property Features for 146 and 148 Monteith Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 2, Basement, Bedroom 3, Laundry Room, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4
- Parking features
- Driveway, Carport
- Patio and Porch features
- Porch
- Pets allowed
- Yes
- Interior features
- Split Bedroom, Walk-In Closet(s)
- Basement
- Unfinished
- Appliances
- Dryer, Washer, Washer/Dryer
- Standard status
- Active
- APN
- 8564-95-3626-000
- Lot size
- 5.34 Acres
Taxes and HOA fees
- Tax Description
- OFF HWY 64 W
Utilities
- Heating system
- Wall Furnace, Ductless (Heating)
- Water source
- Well
Building Details
- Year built
- 1963
- Number of units
- 2
- Building materials
- Block, Metal
Listing agent John Tinsley License #276290 (828) 553-5146
Listing office Tinsley's Land and Home Inc. 43 South Broad Street Suite 204, Brevard, NC (828) 553-5146
Listing date Feb 5, 2026
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.
HighLights
- 5.34‑acre property located off Highway 64, about 4.5 miles from Brevard
- 980 SF home plus an 814 SF office building on the same property
- Office building has a tenant potentially interested in staying
- Interior features include split bedroom layout and walk‑in closet(s)
- Well water source and ductless (heating) plus wall furnace
- Parking includes a driveway and carport
Overview
The property is located off Highway 64, approximately 4.5 miles from Brevard, in Transylvania County. The setting is characterized in the remarks as peaceful yet close to town amenities, with direct access to the immediate area via Highway 64.
For buyers looking for a small, mixed residential and office setup, this configuration provides multiple income and use options within one property. The combination of existing structures and open acreage may be well suited to an owner-operator or investor who wants to balance immediate utility from the home and office with room to evaluate future uses on the land.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $24.00 |
| − Vacancy | −$6.1k | −$3.38 |
| EGI | $37.0k | $20.62 |
| − OpEx | −$9.2k | −$5.15 |
| NOI | $27.7k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brevard
- County
- Transylvania
- State
- North Carolina
- Longitude
- -82.78534846
- Latitude
- 35.19027529
