Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 02/25/2026

Margo Road, Boone, NC 28607

  • $1,200,000

    Last sold 02/25/2026 after 71 Days

  • —

    bed

  • —

    bath

  • 4,130

    Sqft ($291/Sqft)

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

About Margo Road

Property type Multi-family
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: Sauderpage@yahoo.com
Listing Office - Page Sauder Properties
Source: Canopy MLS mls logo
MLS#4329933 • last updated 6 months ago
Movoto checked Canopy MLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Baseboard
Levels/Style 2, Traditional
SubType Fourplex
MLS # 4329933
Status Closed
SqFt 4130
Interior
Laundry In Hall
Exterior
Foundation Crawl Space
Construction Site Built, Wood
Parking Parking Lot
Amenities / Utilities
Sewer/ Septic Septic Installed
Water Source Community Well
Location
County Watauga
Middle School None
Elementary School Hardin Park
High School Watauga
APN 2920-56-1607-000
Directions Hwy 421 To Bamboo Rd To Left On Greenbriar Rd To Right On Margot Rd To Properties On Your Left.
Multifamily Details
Tenant Pays All Utilities
Total # of Units 4
Lot/ Land Details
Road Responsibility Publicly Maintained Road
We are not permitted to show value estimates for this property.
Powered By Movoto
  • Feb 2026
    MLS # 4329933
  • Feb 25, 2026 Sold
    $1,200,000 (-13.7%)
  • Jan 17, 2026 Active
    —
  • Dec 16, 2025 Listed
    $1,390,000
  • Margo Road
    $1.2M
  • —
  • 28607
    $660K -5% y/y
  • Boone
    $660K -5% 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 the neighborhood

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
  • Margo Road
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 Canopy MLS. 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.
Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 9/1/2026 3 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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.