Residential Income

Boone, NC Residential Income Properties for Sale

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Found 9 residential income properties for sale in Boone, 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
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Renovated Duplex with Creek Setting
Updated: Jun 2
Renovated Duplex with Creek Setting

140 Nestle Road, Boone, NC 28607

$645,000
0.25 AC lot
2‑unit duplex situated on 0.25 acres in Boone
Each unit includes 3 upstairs bedrooms with balcony access
Each residence has 1 full bathroom upstairs and a half bath downstairs
Main‑level laundry in both units
Creek‑facing setting with a fire pit and storage
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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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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 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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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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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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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 80 Potential Opportunities for your consideration. Besides 9 Active listings in Boone, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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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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5 Acres with Rental Units
5 Acres with Rental Units

9980 HWY 412 S, Trade, TN 37691

$265,000
5.00 AC lot

5 acres with multiple rental units near Boone, North Carolina.

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Lots/Land
Lots/Land

1929/1993 Bulldog Road, Trade, TN 37691

$389,000

Recreation land

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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.

New River Frontage Land
New River Frontage Land

New River Heights Drive, Boone, NC 28607

$150,000
2.42 AC lot

2.42 acres with over 500 ft of river frontage.

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Land Near Downtown Boone
Land Near Downtown Boone

Fire Tower Road, Boone, NC 28607

$90,000
0.99 AC lot

0.99 acre lot near downtown and Appalachian State University.

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Boone Homesite with Shared Well
Boone Homesite with Shared Well

Indian Springs Road lot: 36B, Boone, NC 28607

$70,000
0.62 AC lot

Homesite near Boone with shared well and possible views.

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Pasture Farmland with Mountain Views
Pasture Farmland with Mountain Views

35 acres Poplar Grove Road, Boone, NC 28607

$2,110,000
35.18 AC lot

Pastureland with varied terrain, perimeter fencing, road frontage, and a stream along the front section.

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Off-Market Properties in Boone, NC

Consider similar Off-Market properties in Boone, 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.

229 Honey Bear Campground Rd
Land

229 Honey Bear Campground Rd, Boone, NC 28607

Estimated value:
No data
26.00 AC lot
View details
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
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
166 Winklers Mdw Rd
APARTMENT HOUSE (5+ UNITS)

166 Winklers Mdw Rd, Boone, NC 28607-4009

Estimated value:
$43,700,000
1,095 sqft 1.53 AC lot
View details
686 State Farm Rd
APARTMENT HOUSE (5+ UNITS)

686 State Farm Rd, Boone, NC 28607-3300

Estimated value:
$43,700,000
1,225 sqft 2.69 AC lot
View details
Boone, NC 28607
APARTMENT HOUSE (5+ UNITS)

Boone, NC 28607

Estimated value:
$43,700,000
2,592 sqft 4.83 AC lot
View details
375 Hwy 105th Ext
APARTMENT HOUSE (5+ UNITS)

375 Hwy 105th Ext, Boone, NC 28607-6254

Estimated value:
$1,925,000
3,128 sqft 4.34 AC lot
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121 Hwy 105th Ext
APARTMENT HOUSE (5+ UNITS)

121 Hwy 105th Ext, Boone, NC 28607

Estimated value:
$2,205,000
4,032 sqft 1.47 AC lot
View details
204 Parkwood Cir
APARTMENT HOUSE (5+ UNITS)

204 Parkwood Cir, Boone, NC 28607-0591

Estimated value:
$910,000
1,350 sqft 0.11 AC lot
View details

Boone, NC Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Boone, NC, showcased through 9 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 $4,393,800.

Sale prices for residential income properties in Boone, NC start at $295,000, averaging $549,225, and reaching up to $725,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 9
Duplexes 6
Quadplexes 2
Short term rental properties 2
Apartment buildings 1

Demographics Overview

Population 82K
Population Growth (5Y) -0.4%
Median Household Income $47,750
College Educated 33.7%

High-Yield Neighborhoods for Investment

Identify Boone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28607 $482K

Listings Trend

New vs delisted commercial listings in Watauga County

New Delisted

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