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    Watauga County, NC Residential Income Properties for Sale

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    Found 18 residential income properties for sale in Watauga County, NC, averaging $241/sq ft. Use valuation data to compare deals faster.
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    Boone, NC Quadraplex Investment
    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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    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
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    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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    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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    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

    $2,300,000
    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
    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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    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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    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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    Renovated Mountain Quadplex with Views
    Renovated Mountain Quadplex with Views

    270 Elk Hill Drive, Banner Elk, NC 28604

    $875,000
    0.39 AC lot

    Four renovated residential units offer flexible living, guest, and rental configurations in a mountain setting.

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

    164 Apple Blossom Ln, Banner Elk, NC

    $1,145,000

    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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    Short-Term Rental Lodge
    Short-Term Rental Lodge

    393 Little Laurel Rd Ext, Boone, NC 28607

    Contact for pricing
    1.50 AC lot

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

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    Mixed-Use Property with Commercial Space
    Mixed-Use Property with Commercial Space

    627 W King St, Boone, NC 28607

    Contact for pricing

    Commercial area paired with five residential units and seven bedrooms near Appalachian State University, shops, and operating businesses.

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    Mobile Home and RV Park
    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 Potential Opportunities for your consideration. Besides 18 Active Listings in Watauga County, NC, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    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.

    229 Honey Bear Campground Rd
    Land

    229 Honey Bear Campground Rd, Boone, NC 28607

    Value Estimation by Request
    26.00 AC lot
    View details
    1417 Nc Hwy 105th Byp
    APARTMENT HOUSE (5+ UNITS)

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

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

    1175 Bamboo Rd, Boone, NC 28607-8786

    $595,000
    Estimated value
    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

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

    186 Birch St, Boone, NC 28607-5036

    $375,000
    Estimated value
    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

    $635,000
    Estimated value
    1,250 sqft 0.36 AC lot
    View details

    Watauga County, NC Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Watauga County, NC, showcased through 18 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 $12,528,800.

    Sale prices for residential income properties in Watauga County, NC start at $295,000, averaging $894,914, 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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    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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