Great income-producing multi-family brick, craftsman-style home located in downtown Boone with R-3 multi-family zoning. While currently used as a student rental, this property has the potential to be an ideal family home as well. New 1 year leases in place producing $5185/ rents monthly between one 4/3.5 unit, one 2/1 unit, and one efficiency unit! Roof replaced last week with a brand new architectural roof! 2 units share the laundry; the efficiency has its own. The main level features a master suite, an additional bedroom, tile baths, hardwood floors, and granite countertops in both the kitchen and bathrooms. Enjoy a cozy brick fireplace in the living room, a kitchen and dining combo, as well as a versatile den or game room on the first floor. Upstairs, you'll find a spacious bedroom with a full bath and ample closet space. The basement boasts two bedrooms, a full bath, a full kitchen, and a living area that is currently utilized as a bedroom. The property also includes a two-car garage and an efficiency apartment below with a full kitchen and bath.
Sold for $720,000 on 02/01/25
$720,000
535 Queen Street, Boone, NC 28607
--beds
--baths
2,197sqft
Triplex, Multi Family, Multi Family
Built in 1948
-- sqft lot
$772,500 Zestimate®
$328/sqft
$1,891 Estimated rent
Home value
$772,500
$688,000 - $865,000
$1,891/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 05, 2025 at 11:48am
Listed by:
Benjamin Ray (704)287-2760,
Client First Of The High Country
Bought with:
Michael Fink, NC261258
Boone Realty
Source: High Country AOR,MLS#: 251438
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Heating
- Baseboard, Electric, Hot Water, Oil, Radiant
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Attic
- Windows: Double Pane Windows, Single Pane
- Basement: Finished,Partial,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Masonry
Interior area
- Total structure area: 2,197
- Total interior livable area: 2,197 sqft
Property
Lot
- Size: 0.35 Acres
Details
- Additional structures: Living Quarters
- Parcel number: 2901608267000
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman,Ranch
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Brick, Wood Frame
- Foundation: Basement
- Roof: Architectural,Shingle
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available, High Speed Internet Available
Community & neighborhood
Community
- Community features: Long Term Rental Allowed
Location
- Region: Boone
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Listing removed | $899 |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Listed for rent | $899+12.5% |
Source: Zillow Rentals Report a problem | ||
| 9/16/2025 | Listing removed | $799 |
Source: Zillow Rentals Report a problem | ||
| 9/11/2025 | Listed for rent | $799-59.5% |
Source: Zillow Rentals Report a problem | ||
| 2/1/2025 | Sold | $720,000-2%$328/sqft |
Source:  High Country AOR #251438 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,273 +2% | $560,000 |
| 2023 | $4,189 +3.8% | $560,000 |
| 2022 | $4,037 +39% | $560,000 +77.2% |
Find assessor info on the county website
Neighborhood: 28607
Nearby schools
GreatSchools rating
- 8/10Hardin Park ElementaryGrades: PK-8Distance: 1.5 mi
- 8/10Watauga HighGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Hardin Park
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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