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Triplex with Two Apartments
For Sale
$499,000

565 Neely Rd, Brevard, NC 28712

Three residential units combine a primary home with two apartments and month-to-month tenancy arrangements.

Property Size1,296 SF
Lot Size0.89 Acres
Price / SF$385.03
Days on Market22

Property Features for 565 Neely Rd

General Information

Standard status Active
Size 1,296 SF
Lot size 0.89 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1946
Listing Agency: Simpson Properties of NC
Listed By: Deborah Simpson · License #185625
Source: Lewisandkirk
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 25 at 5:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Simpson Properties of NC

Investment Insights

Based on property information with market context.

This triplex consists of a three-bedroom home and two additional apartments on a .89-acre city lot. The main residence has newer paint and a newer roof, while unfinished areas beneath the apartments provide 883 square feet of storage. Apartment #1 has a ceiling height ranging from 6'9" to 6'10"; its 346 square feet are excluded from HLA. Apartment #2 contains 175 square feet that are also excluded from HLA.

The property is located directly across from College Walk in Brevard. The two apartments have month-to-month tenants, and all three areas are available to show by appointment, with 48-hour notice required for apartment access. The triplex is a non-conforming, pre-existing use within residential zoning. Any proposed changes, permitting, or redevelopment should be reviewed with the City of Brevard.

Key Highlights

  • Three‑bedroom home plus two additional apartments
  • .89‑acre city lot directly across from College Walk
  • Unfinished storage areas below apartments total 883 sq. ft.

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Lease Details

3
Residential units

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

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 - Three residential units combine a primary home with two apartments and month-to-month tenancy arrangements.
Where is this triplex located?
The property is located at 565 Neely Rd 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: Three‑bedroom home plus two additional apartments; .89‑acre city lot directly across from College Walk; Unfinished storage areas below apartments total 883 sq. ft.
More about this property
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