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Major Price Adjustment! Seller motivated to have this property sold before year’s end, and the new price reflects an excellent opportunity for Buyers. Newly Renovated Quadruplex located just 5 minutes from Boone city limits and 10 minutes from App State campus! This quadruplex is currently vacant and ready to be leased. This building features 3 2-Bedroom units, 1 1-Bedroom unit, and separate laundry and utility room. All units have been renovated 2024-2025 with all new mini-split heating and air units, updated bathrooms, updated kitchens with new cabinets and new appliances, as well as new paint, flooring, and light fixtures throughout. Roof replaced in 2022 and Exter...ior painted in 2023. Local rental companies estimate between $1200 to $1400 rent for each 2-Bedroom unit and $800-$1000 rent for the 1-Bedroom unit. Annual rent then could bring in $52,800 to $62,400 annually which is 8.8% to 10.4% ROI at current asking price. Disclosure: Suspected buried oil tank on right side of building. Inquire today!
Data Source: High Country MLS
MLS#: 257731
Data Source Copyright: © 2026 High Country MLS All rights reserved.
This property was listed on 8/28/2025 and last updated as of 12/31/2025 8:01:57 PM. OSI IDX updated the data from High Country MLS on 11/6/2026 at 3:29 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Samantha Benfield Listings