Will Kelly
Howard Hanna Allen Tate Real Estate Blowing Rock
(845) 456-9182
48 Total Sales
26 in Boone
$60K - $1.3M Price Range
573 & 591 Margo Rd Boone, NC 28607
Boone Area
--
Beds
--
Baths
4,130
Sq Ft
1.25
Acre Lot
Highlights
- Traditional Architecture
- No HOA
- Laundry Room
- Hardin Park Elementary School Rated A
- Living Room
- Dining Room
About This Home
As of February 20269% CAP RATE - TWO DUPLEXES, 4 TOTAL UNITS, 16 TENANTS WITH THEIR OWN PRIVATE ROOM / 8 BATHS - WITH
PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Current leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $148,800 for the Aug '25 - July '26 lease term. Tenants are responsible for all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary slightly. Total square footage represented is from appraiser measurements provided by the seller.
Last Agent to Sell the Property
Page Sauder Properties Brokerage Email: sauderpage@yahoo.com License #227454 Listed on: 12/16/2025
Last Buyer's Agent
Non Member
Canopy Administration
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 1.25 Acre Lot
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 4,130 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Dining Room
- Crawl Space
- Electric Range
Laundry
- Laundry Room
- Washer and Dryer
Schools
- Hardin Park Elementary School
- None Middle School
- Watauga High School
Utilities
- Baseboard Heating
- Community Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 2920-56-1607-000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Boone, NC
-
Will Kelly
-
Christy Lombardozzi
Christy Lombardozzi
Keller Williams High Country
(828) 457-8195
144 Total Sales
42 in Boone
$60K - $2M Price Range
-
Jonathan Lehman
Jonathan Lehman
Keller Williams High Country
(828) 608-3629
112 Total Sales
40 in Boone
$53K - $1.9M Price Range
-
Maurice Williams
Maurice Williams
Responds QuicklyPremier Sotheby's Int'l Realty
(828) 547-9074
105 Total Sales
34 in Boone
$14K - $2.1M Price Range
-
Gina Ross
Gina Ross
KW Johnson City
(833) 363-0639
66 Total Sales
6 in Boone
$400K - $960K Price Range
-
Chris Barr
Chris Barr
Realty One Group Results
(336) 444-6119
547 Total Sales
3 in Boone
$310K - $633K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Sold | $1,200,000 | -13.7% | $291 / Sq Ft |
| 12/16/2025 12/16/25 | For Sale | $1,390,000 | -- | $337 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,062 | $220,200 | $36,100 | $184,100 |
| 2024 | $10 | $220,200 | $36,100 | $184,100 |
| 2023 | $992 | $220,200 | $36,100 | $184,100 |
| 2022 | $992 | $220,200 | $36,100 | $184,100 |
| 2021 | $1,032 | $188,300 | $27,800 | $160,500 |
| 2020 | $1,032 | $188,300 | $27,800 | $160,500 |
| 2019 | $1,032 | $188,300 | $27,800 | $160,500 |
| 2018 | $938 | $188,300 | $27,800 | $160,500 |
| 2017 | $938 | $188,300 | $27,800 | $160,500 |
| 2013 | -- | $196,900 | $22,200 | $174,700 |
Source: Public Records
Agents Affiliated with this Home
-
Page Sauder
Seller's Agent in 2026
Page Sauder
Page Sauder Properties
(828) 265-9593
81 Total Sales
-
NM
Buyer's Agent in 2026
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS
MLS Number: 4329933
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.
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.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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