This turn-key triplex is currently renewing for the Aug-'25 - July '26 lease period grossing $5,100 per month making it a great investment at a gross rent ROI of 9.1%. You won't find a more well-maintained and recently updated triplex within walking distance of an Appalcart stop and close to App State and CCC & TI campuses on the market. This property has easy, level access and ample parking for tenants. Upgrades include a metal roof, well pump and filters, gravel driveway and sidewalks, flooring, paint, appliances, bathroom vanities/sinks, washer/dryer installation in all units, kitchen cabinets and countertops, and exterior paint. 24-hour notice is required for showing. Floor plans in photos with unit square footage provided by the seller. 24 hour notice for showing required. Photos were taken previously, when units were unoccupied. Total square footage represented is from appraiser measurements provided by the seller.
Multi-familyProperty Type
1971Year Built
0.36 acresLot Size
Listed by Page Sauder• Baxter Mountain Properties
Contact: (828) 263-8924
Bought with Madison Biddix• Keller Williams High Country
3 unit rental property in a fantastic location near ASU, restaurants, grocery store, and Appal cart stop. All units have a kitchen and living room on the main floor, and bedroom and bath on the second floor. Units #1 and #2 have had one large bedroom divided to make 2 rooms, Unit #3 has one large bedroom. This property has been a solid rental for several years due to its easy access, close proximity to amenities, and ample parking.
HCMLS #195451
Mar 10, 2016
Sold
$200,000
Jan 6, 2016
Listed
$220,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,353 (+2.8%)
$105,900 + $160,800
$266,700
2024
$1,317
$105,900 + $160,800
$266,700
2023
$1,317 (+5.5%)
$105,900 + $160,800
$266,700
2022
$1,248 (+46.0%)
$105,900 + $160,800
$266,700
2021
$855
$47,000 + $85,800
$132,800
2020
$855
$47,000 + $85,800
$132,800
2019
$855 (+8.4%)
$47,000 + $85,800
$132,800
2018
$788
$47,000 + $85,800
$132,800
2017
$788 (+7.3%)
$47,000 + $85,800
$132,800
2016
$735 (+1.8%)
$47,000 + $85,800
$132,800
2015
$722
$47,000 + $85,800
$132,800
2014
$722
$47,000 + $85,800
$132,800
Tax history for 247 Homespun Hls
Year
Property tax
Land + Additions
Assessment*
2025
$1,353 (+2.8%)
$105,900 + $160,800
$266,700
2024
$1,317
$105,900 + $160,800
$266,700
2023
$1,317 (+5.5%)
$105,900 + $160,800
$266,700
2022
$1,248 (+46.0%)
$105,900 + $160,800
$266,700
2021
$855
$47,000 + $85,800
$132,800
2020
$855
$47,000 + $85,800
$132,800
2019
$855 (+8.4%)
$47,000 + $85,800
$132,800
2018
$788
$47,000 + $85,800
$132,800
2017
$788 (+7.3%)
$47,000 + $85,800
$132,800
2016
$735 (+1.8%)
$47,000 + $85,800
$132,800
2015
$722
$47,000 + $85,800
$132,800
2014
$722
$47,000 + $85,800
$132,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
3,700
Year built
1971
Style
Multi-Family (5+ Unit)
County
Watauga County
APN
2900452591000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Interior
Heating & Cooling
Has Heating
Heating: Baseboard, Electric
Interior Features
Interior Features: High Speed Internet
Appliances: Dryer, Electric Range, Refrigerator, Washer
Room Information
Laundry Features: Washer Hookup
Exterior
Exterior Features
Roof: Metal
Building Information
Construction Materials: Wood Siding, Frame
Property Information
Property Type: Residential Income
Property Sub Type: Triplex
Raw Mls Property Sub Type: Triplex
Lot Information
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size : 0.36
Lot Size Area: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Financial
Tax Information
Tax Annual Amount: $1,316.74
Utilities
Utility Information
Water Source: Private, Well
Utilities: Other, See Remarks
Location
Schools Information
Elementary School: Hardin Park
High School: Watauga
Location Information
Subdivision Name: None
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,700
Stories: —
Lot Size: 0.36 acres
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: —
County: Watauga County
APN: 2900452591000
Home facts updated by county records on Jul 20, 2026
Other
Listing Information
List AOR: HighCountryAssociationOfRealtorsInc
AttributionContact: (828) 263-8924
Around this home
Schools
Hardin Park Elementary
Public PreK-8 • Assigned • 2.2mi
8/10
Watauga High
Public 9-12 • Assigned • 2.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
8 days above 88° expected this year, 22 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Boone, NC • 28607
Average low and high temperatures (°F)
38
22
47
29
59
38
67
47
69
51
77
59
80
64
75
60
72
54
65
43
55
37
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.