TWO DUPLEXES, 4 TOTAL UNITS, 16 BED / 8 BATHS - WITH PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Fully leased through July 2026 with new 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 $144,000, increasing to $148,800 for Aug '25 - July '26. Tenants are responsible all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary. Total square footage represented is from appraiser measurements provided by the seller.
For sale
Price cut: $31K (8/4)
$1,519,000
591 & 573 Margo Road, Boone, NC 28607
--beds
0baths
4,130sqft
Est.:
Duplex, Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$368/sqft
$-- HOA
What's special
Ample on-site parkingCounter topsNew roofRecently updated kitchens
- 101 days
- on Zillow |
- 344 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 05:58am
Listed by:
Page Sauder (828)263-8924,
Baxter Mountain Properties
Source: High Country AOR,MLS#: 255231
Originating MLS: High Country Association of Realtors Inc.

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Interior area
- Total structure area: 4,130
- Total interior livable area: 4,130 sqft
Property
Lot
- Size: 1.25 Acres
Details
- Parcel number: 2920561607000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Septic Permit Unavailable
- Water: Community/Coop
- Utilities for property: Other, See Remarks, High Speed Internet Available
Community & HOA
Community
- Subdivision: Valley View
HOA
- Has HOA: No
Location
- Region: Boone
Financial & listing details
- Price per square foot: $368/sqft
- Annual tax amount: $2,080
- Date on market: 4/30/2025
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
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