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    Watauga County, NC Multifamily Properties for Sale

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    Found 15 multifamily properties for sale in Watauga County, NC, averaging $250/sq ft. Use valuation data to compare deals faster.
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    Ranch Quadplex With Four Units
    Updated: Sep 17
    Ranch Quadplex With Four Units

    210 Howards Creek Road, Boone, NC 28607

    $699,900
    0.41 AC lot
    Four‑unit quadplex with one 3BR/1BA unit and three 1BR/1BA units
    3,111 square feet with 6 bedrooms and 4 bathrooms
    All units currently leased to long‑term tenants
    0.41‑acre parcel with tenant parking
    Paved road frontage
    View details
    Renovated Four-Unit Mountain Quadplex
    Updated: Sep 1
    Renovated Four-Unit Mountain Quadplex

    270 Elk Hill Drive, Banner Elk, NC 28604

    $875,000
    0.39 AC lot
    Four total living spaces: two 2‑bedroom, 2‑bath upper units and two lower efficiency apartments
    Approximately 0.39 acres, including a 0.11‑acre vacant parcel
    384‑square‑foot clean, unheated storage room
    Covered carport parking for up to three vehicles, plus additional parking on the vacant parcel
    Long‑range views of Banner Elk, Sugar Mountain, and Beech Mountain
    View details
    Mountain Lodge Bed & Breakfast
    Mountain Lodge Bed & Breakfast

    315 Lazy Bear Trail, Vilas, NC 28692

    $1,795,000
    6.27 AC lot

    Established hospitality property with guest suites, private baths, gathering areas, and a commercial kitchen.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Boone Quadplex with Recent Improvements
    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 Duplex with Creek Setting
    Renovated Duplex with Creek Setting

    140 Nestle Road, Boone, NC 28607

    $645,000
    0.25 AC lot

    Two residences combine balcony access, main-level laundry, and updated kitchen finishes in a quiet Boone setting.

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    Six-Cabin Mountain Resort
    Six-Cabin Mountain Resort

    158 Alpine Village Drive, Blowing Rock, NC 28605

    $2,275,000
    4.69 AC lot

    Established cabin resort with creek frontage, private hot tubs, gas fireplaces, and a mix of one- and two-bedroom accommodations.

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    Mixed-Use Property with Guest Quarters
    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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    Renovated Duplex with Creek Setting
    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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    Brick Duplex with Two Units
    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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    Four-Bedroom Duplex
    Four-Bedroom Duplex

    323 Mountain Aire Ln, Boone, NC 28607

    $725,000

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

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    Four-Residence Short-Term Rental Estate
    Four-Residence Short-Term Rental Estate

    164 Apple Blossom Ln, Banner Elk, NC

    $1,099,000

    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
    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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    Brick Duplex with Separate Utilities
    Brick Duplex with Separate Utilities

    1895 Howards Creek Rd, Boone, NC 28607

    $295,000

    Two-level residential income property with independent utility service and laundry hookups in each unit.

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    Mountain-View Quadplex
    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
    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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    Based on your search, we've compiled 76 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 4 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
    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.

    View details
    Abingdon Land Near South Holston
    Abingdon Land Near South Holston

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

    $48,900
    1.80 AC lot

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

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    Unrestricted Land with River Frontage
    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, VA Building Lot
    Abingdon, VA Building Lot

    1.77 AC Twin Oaks Rd lot: 2, Abingdon, VA 24211

    $47,900
    1.77 AC lot

    1.77-acre building lot near South Holston Lake.

    View details

    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.

    1417 Nc Hwy 105th Byp
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $605,000
    3,774 sqft 1.06 AC lot
    View details
    1175 Bamboo Rd
    APARTMENT HOUSE (5+ UNITS)

    1175 Bamboo Rd, Boone, NC 28607-8786

    Estimated value:
    $595,000
    1,485 sqft 0.18 AC lot
    View details
    4129 Nc Hwy 194th N
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $390,000
    1,539 sqft 1.95 AC lot
    View details
    186 Birch St
    APARTMENT HOUSE (5+ UNITS)

    186 Birch St, Boone, NC 28607-5036

    Estimated value:
    $375,000
    3,573 sqft 0.35 AC lot
    View details
    247 Homespun Hls Rd
    APARTMENT HOUSE (5+ UNITS)

    247 Homespun Hls Rd, Boone, NC 28607-8972

    Estimated value:
    $635,000
    1,250 sqft 0.36 AC lot
    View details
    303 Mystery Hl Ln
    MOBILE HOME PARK, TRAILER PARK

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

    Estimated value:
    $495,000
    1,050 sqft 6.00 AC lot
    View details
    677 Whispering Hls Rd
    APARTMENT HOUSE (5+ UNITS)

    677 Whispering Hls Rd, Boone, NC 28607-7378

    Estimated value:
    $2,965,000
    700 sqft 0.12 AC lot
    View details
    216 Eric Ln
    APARTMENT HOUSE (5+ UNITS)

    216 Eric Ln, Boone, NC 28607-6234

    Estimated value:
    $1,470,000
    2,352 sqft 1.52 AC lot
    View details
    1794 Poplar Grv Rd
    APARTMENT HOUSE (5+ UNITS)

    1794 Poplar Grv Rd, Boone, NC 28607-9623

    Estimated value:
    $1,400,000
    2,360 sqft 0.77 AC lot
    View details

    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 5,463 square feet of properties for sale, with an estimated market value of $12,307,800.

    Sale prices for multifamily properties in Watauga County, NC start at $295,000, averaging $879,128, and reaching up to $2,275,000 — 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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    Featured Watauga County Real Estate Agencies

    Realmo connects you with licensed Watauga County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams High Country
    643 Greenway Road, Suite H-2 Boone, NC 28607
    Phone: 14042773545
    KWHighCountry
    Boone Real Estate
    1069 Blowing Rock Rd Boone, NC 28607
    Phone: 18289643499
    boonerealestate.com
    The Summit Group of the Carolinas
    P.O. Box 2435 Banner Elk, NC 28604
    Phone: 18288983500
    www.summitgrouprealestate.com/
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