Watauga County, NC Multifamily Properties for Sale

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Found 15 multifamily properties for sale in Watauga County, NC, averaging $241/sq ft. Use valuation data to compare deals faster.

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Updated: Mar 12

Boone, NC Quadraplex Investment

210 Howards Creek Road, Boone, NC 28607

$699,900

3,111 sqft 0.41 AC lot

Established quadraplex generating $4,550 monthly income with long‑term tenants.
Conveniently located less than 3 miles from downtown Boone and Appalachian State University (AppState).
Features six bedrooms and four bathrooms across four units: one 3BR/1BA and three 1BR/1BA.
Recent property improvements.
Ample parking for tenants.

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Updated: Mar 28

Mountain Lodge Bed & Breakfast

315 Lazy Bear Trail, Vilas, NC 28692

$1,795,000

6.27 AC lot

Approximately 6.27 acres with long‑range mountain views
Six guest suites, each with a private en suite bath
Log lodge built in 2004
Commercial kitchen and expansive gathering spaces
Lower‑level living quarters with a private entrance

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Duplex with Fireplace

140 Nestle Road, Boone, NC 28607

$645,000

0.25 AC lot

Renovated two-unit duplex on a flat 0.25-acre lot overlooking a mountain creek, with fireplace and in-unit balcony access.

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Renovated Duplex with Creek Setting

140 Nestle Rd, Boone, NC 28607

$645,000

2,352 sqft

Two updated residences offer three-bedroom layouts, balconies, and convenient main-level laundry.

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Six-Cabin Mountain Resort

158 Alpine Village Drive, Blowing Rock, NC 28605

$2,300,000

4.69 AC lot

Guest accommodations feature private hot tubs and gas fireplaces, with Middle Fork Creek/New River frontage across the grounds.

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Mixed-Use Property with Guest Quarters

1644 Broadstone Road, Banner Elk, NC 28604

$995,000

2.91 AC lot

Versatile property with separate living quarters, multiple outbuildings, and updated building systems on a substantial mountain parcel.

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Brick Duplex with Two Units

1895 Howard's Creek Road, Boone, NC 28607

$295,000

0.72 AC lot

Two-level brick property offers separate living spaces with individual utility connections and laundry hookups.

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Boone Quadplex with Recent Improvements

210 Howards Creek Rd, Boone, NC 28607

$699,900

3,111 sqft

Four-unit residential property with a varied unit mix, paved road access, and current occupancy across the building.

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Renovated Mountain Quadplex

270 Elk Hill Drive, Banner Elk, NC 28604

$875,000

0.39 AC lot

Four-unit mountain property with renovated residences, flexible occupancy options, and covered parking near Banner Elk amenities.

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Four-Residence Short-Term Rental Estate

164 Apple Blossom Ln, Banner Elk, NC

$1,195,000

Furnished residences with professional management, paved access, and dedicated Level 2 EV charging at each home.

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Side-by-Side Duplex with Decks

159 David Sides Rd, Boone, NC 28607

$389,000

Two separately entered residences offer wood-finished interiors, private outdoor separation, and individually metered electric service.

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Mountain-View Quadplex

2730 Tynecastle Hwy, Banner Elk, NC 28604

$875,000

Four units have individual entrances for short- or long-term rental use.

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Student Housing with Retail Parking

850 Blowing Rock Road, Boone, NC 28607

Contact for pricing

200-unit, 560-bed student housing complex with two retail spaces available and 62 parking spaces dedicated to retailers.

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Short-Term Rental Lodge

393 Little Laurel Rd Ext, Boone, NC 28607

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1.50 AC lot

Mountain lodge includes event areas, two kitchens, and multiple HVAC systems for year-round climate control.

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Mobile Home and RV Park

131 Monteagle Dr, Boone, NC 28607

Contact for pricing

Bradford Mobile Home Park offers a mix of mobile home and RV sites in Boone, with capacity to add 46 occupied sites.

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Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 15 Active listings in Watauga County, NC, we suggest exploring several alternatives: similar 57 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot Near Watauga Lake

262 Stout Branch Road, Mountain City, TN 37683

$69,900

22,215 sqft 0.50 AC lot

Level lot with utilities, no restrictions, near Roan Creek.

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Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$215,000

20.67 AC lot

20+ acres of unrestricted land with New River frontage.

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Abingdon Land Near South Holston

1.80 AC Twin Oaks Rd lot: 1, Abingdon, VA 24211

$54,900

1.80 AC lot

1.8-acre building lot near amenities and South Holston Lake.

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Off-Market Properties in Watauga County, NC

Consider similar Off-Market properties in Watauga County, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

1417 Nc Hwy 105th Byp, Boone, NC 28607-7685

$605,000

Estimated value

3,774 sqft 1.06 AC lot

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APARTMENT HOUSE (5+ UNITS)

1175 Bamboo Rd, Boone, NC 28607-8786

$595,000

Estimated value

1,485 sqft 0.18 AC lot

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APARTMENT HOUSE (5+ UNITS)

4129 Nc Hwy 194th N, Boone, NC 28607-7206

$390,000

Estimated value

1,539 sqft 1.95 AC lot

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APARTMENT HOUSE (5+ UNITS)

186 Birch St, Boone, NC 28607-5036

$375,000

Estimated value

3,573 sqft 0.35 AC lot

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APARTMENT HOUSE (5+ UNITS)

247 Homespun Hls Rd, Boone, NC 28607-8972

$635,000

Estimated value

1,250 sqft 0.36 AC lot

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MOBILE HOME PARK, TRAILER PARK

303 Mystery Hl Ln, Blowing Rock, NC 28605-8709

$495,000

Estimated value

1,050 sqft 6.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

677 Whispering Hls Rd, Boone, NC 28607-7378

$2,965,000

Estimated value

700 sqft 0.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

216 Eric Ln, Boone, NC 28607-6234

$1,470,000

Estimated value

2,352 sqft 1.52 AC lot

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APARTMENT HOUSE (5+ UNITS)

1794 Poplar Grv Rd, Boone, NC 28607-9623

$1,400,000

Estimated value

2,360 sqft 0.77 AC lot

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Watauga County, NC Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Watauga County, NC, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 8,574 square feet of properties for sale, with an estimated market value of $11,408,800.

Sale prices for multifamily properties in Watauga County, NC start at $295,000, averaging $950,733, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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