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Four-Bedroom Duplex
For Sale
$725,000

323 Mountain Aire Ln, Boone, NC 28607

Fully leased two-unit property with decks, on-site laundry, and municipal water and sewer service.

Property SizeContact for details
Days on Market15

Property Features for 323 Mountain Aire Ln

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,568

Amenities

outdoor deck
walk-out deck
laundry area

Building Details

Buildings 1
Listing Agency: Blue Ridge Realty & Inv. Boone
Listed By: William Aceto
Source: Exprealty
Added: Sep 3 Changed: Sep 13 Last Checked: Sep 16 at 9:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Ridge Realty & Inv. Boone

Investment Insights

Based on property information with market context.

This duplex contains two matching units, each arranged across two levels with four bedrooms and two full bathrooms. The main floor includes a kitchen equipped with an electric range, refrigerator, and dishwasher, along with a dining area, living room, bedroom, bathroom, and deck access. Each lower level adds three bedrooms, a second full bathroom, side-by-side laundry, and a walk-out deck serving one bedroom. Combined, the property provides 8 bedrooms and 4 bathrooms.

The entrance drive and parking area have recently been paved. Town of Boone water and sewer serve the property, which is located at 323 Mountain Aire Ln in Boone, NC, with access to downtown Boone, Appalachian State University, grocery stores, restaurants, shopping, and other High Country amenities. The duplex has been professionally managed and is fully leased.

Key Highlights

  • Two matching units, each with 4 bedrooms and 2 bathrooms
  • 8 total bedrooms and 4 total bathrooms
  • Kitchens include electric ranges, refrigerators, and dishwashers

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 28607, NC

35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully leased two-unit property with decks, on-site laundry, and municipal water and sewer service.
Where is this duplex located?
The property is located at 323 Mountain Aire Ln Boone, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two matching units, each with 4 bedrooms and 2 bathrooms; 8 total bedrooms and 4 total bathrooms; Kitchens include electric ranges, refrigerators, and dishwashers
More about this property
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