Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 02/24/2026
  • Other
  • Exterior
  • Living
  • Bedroom
  • Bath
  • Kitchen
  • Floorplan

591 573 Margo Rd, Boone, NC 28607

  • $1,200,000

    Last sold 02/24/2026 after 71 Days

  • —

    bed

  • —

    bath

  • 4,130

    Sqft ($291/Sqft)

Multi-family not for sale
Movoto is helping 34 homebuyers near you

About 591 573 Margo Rd

Property type Multi-family
Neighborhood
Year built 1989
HOA fee $0/month
Lot size 1.25 Acre
Rental estimate
Property description
9% CAP RATE - TWO DUPLEXES, 4 TOTAL UNITS, 16 TENANTS WITH THEIR OWN PRIVATE ROOM / 8 BATHS - WITH PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Current leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $148,800 for the Aug '25 - July '26 lease term. Tenants are responsible for all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary slightly. Total square footage represented is from appraiser measurements provided by the seller.
Listed by
Listing Agent - Page Sauder
Listing Agent Contact: (828) 263-8924
Listing Office - Page Sauder Properties
Source: High Country AOR mls logo
MLS#259369 • last updated 3 months ago
Movoto checked High Country AOR for data 38 minutes ago
Overview
Heating Baseboard, Electric
Levels/Style Traditional
MLS # 259369
Subtype Duplex
Type Residential Income
Status Closed
Lot Size (Acres) 1.25
Prop Tax 2128.87
Year Built 1989
Building Area 4130
Interior
Exterior
Roof Asphalt, Shingle
Construction WoodSiding, WoodFrame
Exterior Features Other, SeeRemarks
Amenities / Utilities
Utilities SeparateMeters, HighSpeedInternetAvailable
Sewer/ Septic Other, SeeRemarks
Water Source Community/Coop
Location
Area 1-Boone, Brushy Fork, New River
County Watauga
Subdivision Valley View
Elementary School Hardin Park
High School Watauga
APN 2920-56-1607-000
Lot/ Land Details
Road Responsibility Public Maintained Road
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Feb 2026
    mls logo MLS # 259369
  • Feb 24, 2026 Sold
    $1,200,000 (-13.7%)
  • Jan 17, 2026 Active
    —
  • Dec 15, 2025 Listed
    $1,390,000 (-5.8%)
  • Aug 2025
    mls logo MLS # 255231
  • Aug 22, 2025 Price Change
    $1,475,000 (-2.9%)
  • Aug 4, 2025 Price Change
    $1,519,000 (-2.0%)
  • Jul 22, 2025 Price Change
    $1,550,000 (-2.5%)
  • Jul 8, 2025 Price Change
    $1,590,000 (-9.1%)
  • Apr 30, 2025 Listed
    $1,750,000
  • 591 573 Margo Rd
    $1.2M
  • 1-boone, Brushy Fork, New River
    —
  • 28607
    $659K +3% y/y
  • Boone
    $659K +3% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Hardin Park Elementary
public Grades PK, K-8
Watauga County School District
8/10
Watauga High
public Grades 9-12
Watauga County School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 1-boone, Brushy Fork, New River

Explore everything this neighborhood has to offer.
View homes for sale in 28607, NC
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Boone, NC

Nearby homes for sale in Boone, NC

Newest listings in 28607

  • Real Estate
  • NC
  • Watauga County
  • Boone
  • 28607
  • 591 573 Margo Rd
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by High Country Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Copyright 2026 of High Country Realtors. All rights reserved.
IDX Data is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the High Country Realtors.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.