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$530,000 -$19,900 (-3.62%) Price Reduced
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Property Description
Rare Find in Brevard! PRICED TO SELL! 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 (newer paint and roof!) 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 in Residential MLS# 4074647
Full Property Details
Full Property Details for 565 Neely Rd
General
- Price: $530,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 3937381
- Updated: 1/15/2026
- Added to Site: 1, 086 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Insert, Living Room, Wood Burning, Insert, Living Room, Wood Burning
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Oven, Refrigerator, Tankless Water Heater
- Flooring: Carpet, Laminate, Linoleum, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Kitchen, Porch
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Driveway
Location
- County: Transylvania
- Driving Directions: Asheville Hwy to Neely Road left into driveway across from College Walk.
School Information
- Elementary School: Brevard
- Middle School: Brevard
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Heat Pump, Window Unit(s)
- Heating Type: Ductless, Floor Furnace, Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Partial, Shingle/Shake
- Basement: Yes
- Roof: Architectural Shingle, Metal
- Square Feet: 1,296
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.89
- Street/Road Desc.: Gravel, Paved
- Lot Features: Cleared, Level, Open Lot, Paved
Financial Considerations
- Terms: Cash, Construction Perm Loan, Conventional, Exchange
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 8586-92-5993
- Lot Number: 102DC/0054
Listed by Simpson Properties of NC
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Schools
Schools serving 565 Neely Rd
School District:Transylvania County Schools
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 565 Neely Rd
Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$530,000
-3.62%
MLS
1/11/2025
Price Reduced
$549,900
-1.8%
MLS
10/02/2023
Price Reduced
$560,000
-4.27%
MLS
1/26/2023
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 565 Neely Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,993
27%
$485,450
86%
2023
$1,572
—
$260,520
—
2021
$1,572
—
$260,520
—
2022
$1,572
—
$260,520
88%
2021
$1,572
78%
$138,740
—
2019
$882
-38%
$138,740
—
2018
$1,417
2%
$138,740
—
2017
$1,396
2%
$138,740
—
2016
$1,375
9%
$138,740
1%
2015
$1,265
5%
$137,190
—
2013
$1,207
—
$137,190
1%
2013
$1,207
—
$135,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 565 Neely Rd
565 Neely Road, Brevard, NC 28712 (MLS# 3937381) is a Single Family property with 5 bedrooms and 3 full bathrooms. 565 Neely Road is currently listed for $530,000 and was received on January 26, 2023. Want to learn more about 565 Neely Road? Do you have questions about finding other Single Family real estate for sale in Brevard? You can browse all Brevard real estate or contact a Coldwell Banker agent to request more information.

