SOLD FEB 24, 2026

Off Market Feb 2026 for $1.2M

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Est. refi paymentEst. refi $3,798/mo

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— ba

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sq ft

591 & 573 Margo Rd, Boone, NC 28607

About this home

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.

Multi-familyProperty Type

1989Year Built

1.25 acresLot Size

Listed by Page Sauder • Page Sauder Properties

Contact: (828) 263-8924

Bought with David Davis • Keller Williams High Country

Redfin checked: a few seconds ago

•Source:HCMLS #259369

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 28607, NC

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.6%

+0.5% MoM

Median sale price

$515K

$16K MoM

Avg. days on market

55d

7 days MoM

Recently sold homes

19 MoM

New listings for sale

NEW 17 HRS AGO
$839,000
4 beds3 baths2,333 sq ft
1407 Almost Heaven Rd, Boone, NC 28607
$650,000
3 beds3 baths1,991 sq ft
376 Deerfield Forest Pkwy, Boone, NC 28607
3D WALKTHROUGH
$890,000
3 beds2.5 baths2,164 sq ft
366 Russelton Rd, Boone, NC 28607
$649,000
2 beds2 baths1,842 sq ft
188 Laurel Hill Dr #5, Boone, NC 28607
$874,500
3 beds3 baths2,369 sq ft
276 Storie Rd, Boone, NC 28607
$649,000
2 beds2 baths1,842 sq ft
188 Laurel Hill Dr, Boone, NC 28607
3D & VIDEO TOUR
$610,000
3 beds3 baths2,267 sq ft
156 Spicewood Dr, Boone, NC 28607
$374,900
2 beds2 baths1,024 sq ft
555 Townhomes Pl #555, Boone, NC 28607
$555,000
2 beds3 baths1,852 sq ft
2587 Junaluska Rd, Boone, NC 28607
$2,299,000
4 beds3 baths3,015 sq ft
165 Rock Water Ext W, Boone, NC 28607
See all

Provided by Redfin

Sale history for 591 & 573 Margo Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,067 (+2.3%)

$37,700 + $183,600

$221,300

2024

$1,042

$37,700 + $183,600

$221,300

2023

$1,042 (+4.6%)

$37,700 + $183,600

$221,300

2022

$997 (−3.8%)

$37,700 + $183,600

$221,300

2021

$1,036

$29,000 + $160,100

$189,100

2020

$1,036

$29,000 + $160,100

$189,100

2019

$1,036 (+10.0%)

$29,000 + $160,100

$189,100

2018

$941

$29,000 + $160,100

$189,100

2017

$941 (+8.8%)

$29,000 + $160,100

$189,100

2016

$865 (+2.2%)

$29,000 + $160,100

$189,100

2015

$846

$29,000 + $160,100

$189,100

2014

$846

$29,000 + $160,100

$189,100

Tax history for 591 & 573 Margo Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,067 (+2.3%)

$37,700 + $183,600

$221,300

2024

$1,042

$37,700 + $183,600

$221,300

2023

$1,042 (+4.6%)

$37,700 + $183,600

$221,300

2022

$997 (−3.8%)

$37,700 + $183,600

$221,300

2021

$1,036

$29,000 + $160,100

$189,100

2020

$1,036

$29,000 + $160,100

$189,100

2019

$1,036 (+10.0%)

$29,000 + $160,100

$189,100

2018

$941

$29,000 + $160,100

$189,100

2017

$941 (+8.8%)

$29,000 + $160,100

$189,100

2016

$865 (+2.2%)

$29,000 + $160,100

$189,100

2015

$846

$29,000 + $160,100

$189,100

2014

$846

$29,000 + $160,100

$189,100

*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

0.65 Acres

Year renovated

—

Sq. Ft.

2,024

Year built

1990

Style

Multi-Family (2-4 Unit)

County

Watauga County

APN

2920561607000

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

Exterior

Exterior Features
Exterior Features: Other
Roof: Asphalt, Shingle

Building Information
Construction Materials: Wood Siding, Frame

Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Raw Mls Property Sub Type: Duplex

Lot Information
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size : 1.25
Lot Size Area: 1.25
Lot Size Units: Acres
Lot Size Acres: 1.25
Additional Parcels Description: 2920-56-1534-000

Financial

Tax Information
Tax Annual Amount: $2,128.87

Utilities

Utility Information
Sewer: Other

Location

Schools Information
Elementary School: Hardin Park
High School: Watauga

Location Information
Subdivision Name: Valley View

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 2,024
Stories: 2.0
Lot Size: 0.65 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1990
Year Renovated: —
County: Watauga County
APN: 2920561607000

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 • 2.1mi

8/10

Watauga High

Public 9-12 • Assigned • 1.4mi

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

6 days above 89° expected this year, 17 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 4.8 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Boone. 3 minutes to get started.

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New listings for sale in 28607

NEW 17 HRS AGO

$839,000

4 beds3 baths2,333 sq ft

1407 Almost Heaven Rd, Boone, NC 28607

$650,000

3 beds3 baths1,991 sq ft

376 Deerfield Forest Pkwy, Boone, NC 28607

3D WALKTHROUGH

$890,000

3 beds2.5 baths2,164 sq ft

366 Russelton Rd, Boone, NC 28607

$649,000

2 beds2 baths1,842 sq ft

188 Laurel Hill Dr #5, Boone, NC 28607

$874,500

3 beds3 baths2,369 sq ft

276 Storie Rd, Boone, NC 28607

$649,000

2 beds2 baths1,842 sq ft

188 Laurel Hill Dr, Boone, NC 28607

3D & VIDEO TOUR

$610,000

3 beds3 baths2,267 sq ft

156 Spicewood Dr, Boone, NC 28607

$374,900

2 beds2 baths1,024 sq ft

555 Townhomes Pl #555, Boone, NC 28607

$555,000

2 beds3 baths1,852 sq ft

2587 Junaluska Rd, Boone, NC 28607

Home values near 591 & 573 Margo Rd

Data from public records.

Address	Redfin Estimate
563 Margo Road, Boone, NC 3 Beds \| 1.5 Baths \| 999 Sq. Ft.	$273,787
141 Margo Trail Unit 141, Boone, NC 4 Beds \| 2 Baths \| 1245 Sq. Ft.	$342,381

Address	Redfin Estimate
129 Margo Trail Unit 129, Boone, NC 4 Beds \| 2 Baths \| 1250 Sq. Ft.	$370,988
150 Margo Trail, Boone, NC 3 Beds \| 1.5 Baths \| 999 Sq. Ft.	$232,536

Address	Redfin Estimate
131 Margo Lane, Boone, NC 3 Beds \| 2 Baths \| 1076 Sq. Ft.	$256,160
621 Margo Road, Boone, NC - Beds \| - Baths \| 2024 Sq. Ft.	—

Property information provided by HCMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 28607, NC

Sale history for 591 & 573 Margo Rd

Tax history for 591 & 573 Margo Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28607

Home values near 591 & 573 Margo Rd

More real estate resources