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.
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.
Public Records
Mar 2, 2001
Sold
$465,000
$148/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$372 (+56.3%)
$34,000 + $246,960
$280,960
2024
$238 (+8.5%)
$34,000 + $246,960
$280,960
2023
$219
$34,000 + $19,140
$53,140
2022
$219 (+20.6%)
$34,000
2021
$182 (+8.1%)
$34,000
2020
$168 (−28.2%)
$34,000
2019
$235
$34,000
2018
$235
$41,950
2017
$235 (+0.2%)
$41,950
2016
$234
$41,950
2014
$234 (−0.2%)
$41,950
2013
$235
$41,950
Tax history for 358 Simonds Rd
Year
Property tax
Land + Additions
Assessment*
2025
$372 (+56.3%)
$34,000 + $246,960
$280,960
2024
$238 (+8.5%)
$34,000 + $246,960
$280,960
2023
$219
$34,000 + $19,140
$53,140
2022
$219 (+20.6%)
$34,000
2021
$182 (+8.1%)
$34,000
2020
$168 (−28.2%)
$34,000
2019
$235
$34,000
2018
$235
$41,950
2017
$235 (+0.2%)
$41,950
2016
$234
$41,950
2014
$234 (−0.2%)
$41,950
2013
$235
$41,950
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
1 ft.
Lot depth
—
Lot size
5.39 Acres
Year renovated
2024
Sq. Ft.
1,568
Year built
2024
Style
Single Family Residential
County
Cherokee County
APN
451000029429000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 21, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, No Garage
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 8
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Heat Pump
Interior Features
Appliances: Refrigerator, Range, Electric Water Heater
Fireplace Features: None
Room Information
# of Rooms Total: 24
Laundry Features: Washer Hookup
Basement Details: None
Exterior
Exterior Features
Exterior Features: None
Fencing: None
Roof: Composition
Building Information
Structure Type: Duplex
Sq. Ft.: 3136
Levels: One
Foundation Details: Slab
Property Information
Property Type: Residential
Lot Information
Road Surface Type: Paved
Lot Size : 2
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Zoning: None
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Ranger
Location Information
Directions: Hwy 64/74 west to mile marker 19 then left onto Simonds Road see units on the right SIP 358 Simonds Road and 308 Simonds Road
Subdivision Name: N/A
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,568
Stories: —
Lot Size: 5.39 acres
Style: Single Family Residential
Year Built: 2024
Year Renovated: 2024
County: Cherokee County
APN: 451000029429000
Home facts updated by county records on Oct 21, 2026
Other
Listing Information
List AOR: Mountain Lakes Board of REALTORS®
Around this home
Schools
K - 12
Preschool & daycare
Ranger Elementary/Middle
Public PreK-5 • Assigned • 7.2mi
5/10
Hiwassee Dam High
Public 9-12 • Assigned • 7.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 21 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Murphy, NC • 28906
Average low and high temperatures (°F)
46
26
57
33
69
41
76
50
76
56
85
64
88
69
83
64
80
59
70
48
63
42
54
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$713,000 – $863,000
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