Estimated payment $7,395/month
Highlights
- Traditional Architecture
- No HOA
- High Speed Internet
- Hardin Park Elementary School Rated A
- Baseboard Heating
- Wood Siding
About This Home
9% 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.
Listing Agent
Page Sauder Properties Brokerage Phone: (828) 263-8924 Listed on: 12/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,129
Year Built
- Built in 1989
Lot Details
- 1.25 Acre Lot
Home Design
- 4,130 Sq Ft Home
- Duplex
- Traditional Architecture
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
Schools
- Hardin Park Elementary School
- Watauga High School
Utilities
- Baseboard Heating
- Separate Meters
- High Speed Internet
Community Details
- No Home Owners Association
- 4 Units
- Valley View Subdivision
Listing and Financial Details
- Assessor Parcel Number 2920-56-1607-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $1,390,000 | -- | $337 / Sq Ft |
Source: High Country Association of REALTORS®
MLS Number: 259369
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