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
1281 days
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Zillow last checked:
Listing updated:
Listed by:
Deborah Simpsonithinkicaninnc@hotmail.com,
Simpson Properties of NC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3937381
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: 1232 days
Listing terms: Cash
Tenant pays: All Utilities
Road surface type: Gravel, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/24/2026
Price change
$499,000-5.8%$385/sqft
Source: Canopy MLS as distributed by MLS GRID #4074647Report a problem
5/10/2026
Pending sale
$530,000$409/sqft
Source: Canopy MLS as distributed by MLS GRID #4074647Report a problem
1/15/2026
Price change
$530,000-3.6%$409/sqft
Source: Canopy MLS as distributed by MLS GRID #3937381Report a problem
1/11/2025
Price change
$549,900-1.8%$424/sqft
Source: Canopy MLS as distributed by MLS GRID #3937381Report a problem
10/2/2023
Price change
$560,000-4.3%$432/sqft
Source: Canopy MLS as distributed by MLS GRID #3937381Report a problem
1/26/2023
Listed for sale
$585,000$451/sqft
Source: Canopy MLS as distributed by MLS GRID #3937381Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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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.