$700,000
SOLD MAR 18, 2026

358 Simonds Rd Murphy, NC 28906

-- Bed
-- Bath
3,136 Sq Ft
87,120 Sq Ft Lot

Sale Details

Date Sold: March 18, 2026

$223 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • New Construction
  • Pasture Views
  • Central Heating and Cooling System
  • 2 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of March 2026

Exceptional Investment Opportunity – 2 Brand New Duplexes 4 Turnkey Rental Units that you can Invest with confidence in This newly built multifamily property featuring two duplexes, each offering 2 bedrooms and 2 full baths. That's a total of four income-producing units, all constructed on durable slabs with zero maintenance concerns for years to come. Each unit is thoughtfully designed for long-term durability and tenant appeal—modern finishes, efficient systems, and ample parking for every tenant. With every component brand new, you can step right into immediate rental income with minimal overhead. Located in a quiet, convenient setting with easy access to both Murphy, NC and Blue Ridge, GA, this property sits in a strong rental corridor attracting local tenants, remote workers, and area newcomers. The combination of new construction, low operating costs, and steady demand makes this an ideal addition to any investment portfolio. Turnkey, low-risk, and positioned for great returns—don't miss this one.

Last Agent to Sell the Property

Michelle Spies

Carolina Mountain Homes Brokerage Phone: 8288377322 License #0 Listed on: 11/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 2 Acre Lot
  • Property fronts a state road

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Vinyl Clad Windows
  • Window Screens
  • Pasture Views
  • Range

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451000029429000

Property Details

Home Type

Multi-Family

Year Built

Built in 2025 | New Construction

Lot Details

2 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2025
  • Property Sub Type: Duplex
  • Road Frontage Type: Road
  • Lot Size Acres: 2
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Has Basement: None
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Interior Amenities: Sheetrock
  • Living Area: 3136
  • Window Features: Vinyl, Screens

Exterior Features

  • Roof: Shingle
  • View: Pasture
  • Topography: Level,Sloping
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Composite
  • Patio And Porch Features: Patio
  • Property Condition: New Construction, Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120
  • Parcel #: 451000029429000

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2026
Sold by
Posey Rentals Llc
Bought by
Bolcar Steven

Purchase Details

Closed on
Jan 10, 2024
Sold by
Posey-Neumann Joan and Posey-Neumann Terry
Bought by
Posey Rentals Llc

Purchase Details

Closed on
Oct 29, 2020
Sold by
Globaland Inc
Bought by
Posey Neuman Joan

Purchase Details

Closed on
Mar 1, 2001
Bought by
Globaland Inc A Georgia Corp and C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $25,000 None Available
Deed $465,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 Sold $700,000 -3.4% $223 / Sq Ft
12/19/2025 12/19/25 Pending -- -- --
11/21/2025 11/21/25 For Sale $725,000 -- $231 / Sq Ft
Source: Northeast Georgia Board of REALTORS®

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    Michelle Spies

    Carolina Mountain Homes

    (828) 342-2947

    217 in this area

    254 Total Sales

    Michelle Spies
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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 420429

Northeast Georgia Board of REALTORS®

APN: 4510-00-02-9429-000

North Carolina Cherokee County Murphy 28906

358 Simonds Rd, Murphy, NC

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Georgia Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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