For Sale $549,900
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 as multi-family MLS#3937381
| List Price: | $549,900 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1143 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4074647 |
| Subdivision: | None |
| Style: | Other |
| Bathrooms: | 3 |
| Lot Description: | Cleared, Level, Open Lot, Paved |
| Year Built: | 1946 |
| Sewer Type: | Public Sewer |
| Elementary: | Brevard |
| Middle: | Brevard |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 04-26-2025 | Listed | $549,900 | $482 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pisgah Forest Elementary | 2 miles | KG-05 | 8 |
| Brevard Academy: A Challenge Foundation Academy | 3 miles | KG-06 | 9 |
| Rosman Elementary | 9 miles | KG-05 | 8 |
| Etowah Elementary | 9 miles | KG-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 565 Neely Road, Brevard NC | 0 mi | $549,900 | days | |
| 128 Summit Avenue, Brevard NC | 0.1 mi | $290,000 | days | |
| 196 Broadview Circle, Brevard NC | 0.1 mi | $673,000 | days | |
| 565 Neely Road, Brevard NC | 0.1 mi | $549,900 | days | |
| 68 Bungalow Way, Brevard NC | 0.2 mi | $575,000 | days | |
| 139 Neely Road, Brevard NC | 0.2 mi | $598,500 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Simpson Properties of NC
565 Neely Road, Brevard NC is a 1143 ft2 on a 0.890 acres lot. This is for $549,900. This has 5 bedrooms, 3 baths, and was built in 1946.
Based on information submitted to the MLS GRID as of 2025-04-26 14:28:32 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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