237 Queen Street, Boone, NC 28607
OFF MARKET

237 Queen Street
Boone, NC 28607

  • Studio
  • 3,086 sqft (on 0.35 acres)

$996,700

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $5,377/mo*
Refinance Your Home

$996,700

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $5,377/mo*
Refinance Your Home
Studio
3,086 sqft
(on 0.35 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This walk-to-campus, recently renovated quadplex with 11 parking spaces and (4) 2 bed/1 bath units is an investor's dream! With leases currently renewing reflecting rent revenue at $106,200 annually, providing an 8.2% gross rent ROI for the Aug. '25 - July '26 lease term, along with recently renovated kitchens and baths, flooring and fixtures, and a new roof in 2023, this quadplex is a tremendous turn-key property for any investor looking in the strong student housing market for App State and CCC&TI student populations. With on-site parking available to tenants, walk to campus and downtown Boone for shopping, restaurants, and all the town has to offer, this property offers the convenience students are looking for. Tenants pay electric, cable/internet, and heat with units metered separately for electric. Water/sewer and trash service are included in rent. Floor plans in photos with unit square footage provided by the seller. Current gross rent and parking $103,800, increasing to $106,200 for Aug '25 - July '26. 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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 31, 2025

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 237 Queen Street

Interior Features

Appliances & Utilities
Utilities: Sewer Available, Water Available, High Speed Internet Available
Heating & Cooling
Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family, Multi FamilyArchitecture: Traditional
Building
Construction Materials: Other, See Remarks, Wood Frame
Property Information
Parcel Number: 2900890578000

Price & Status

Price
List Price: $1,299,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: BooneCommunity: None
School Information
Elementary School: Hardin ParkHigh School: Watauga

Building

Building Area
Building Area: 3086 Square Feet

Community

Community Features: Long Term Rental AllowedUnits in Building: 4

HOA

Association for this Listing: High Country Association of Realtors Inc.No HOA

Lot Information

Lot Area: 0.35 acres

Offer

Listing Terms: Cash, Conventional, New Loan

Miscellaneous

Mls Number: 252975Living Area Range Units: Square FeetAttribution Contact: (828) 263-8924Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-37189-N-2900890578000-R-N

Additional Information

Long Term Rental AllowedDays On Market Replication: 42
Last check for updates: about 3 hours ago
Listed by Page Sauder, (828) 263-8924
Baxter Mountain Properties
Bought with: Justin Hackler, (828) 773-0614, Boone Realty
Originating MLS: High Country Association of Realtors Inc.
Source: High Country AOR, MLS#252975

Price History for 237 Queen Street

DatePriceEventSource
01/31/2025$1,192,500Sold
High Country AOR #252975
01/03/2025$1,299,000ContingentHigh Country AOR #252975
12/20/2024$1,299,000Listed For SaleHigh Country AOR #252975
12/01/2022$450,000Sold
N/A
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Property Tax and Assessment

Year2024
Tax$4,616
Assessment$485,830
Home facts updated by county records

Comparable Sales for 237 Queen Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
180 Hidden Shadows Drive, Boone, NC
1.92
Multi-Family Home
$1,800,000
10/31/25
-
7,200
306 Margot Road #1 & 2, Boone, NC
3.13
Multi-Family Home
$515,000
04/13/26
-
1,832
573 & 591 Margo Rd, Boone, NC
3.27
Multi-Family Home
$1,200,000
02/24/26
-
4,130
591 & 573 Margo Road, Boone, NC
3.27
Multi-Family Home
$1,200,000
02/24/26
-
4,130
1175 Bamboo Road #1,2,3 & 4, Boone, NC
4.05
Multi-Family Home
$575,000
12/31/25
-
2,903
418 Roaring River Drive, Blowing Rock, NC
5.07
Multi-Family Home
$425,000
06/27/25
4
2
1,200

Assigned Schools

These are the assigned schools for 237 Queen Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Boone

At least 109 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 81 % Say there's holiday spirit

  • 77 % Say it's dog friendly

  • 76 % Say there's wildlife

  • 70 % Say yards are well-kept

  • 67 % Say people would walk alone at night

  • 63 % Say parking is easy

  • 58 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 53 % Say kids play outside

  • 48 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say it's walkable to grocery stores

  • 35 % Say there are community events

  • 35 % Say it's walkable to restaurants

  • 30 % Say there are sidewalks

Learn more about our methodology.
  • Terri Armstrong
    "Very easy and calm commute with minimal traffic. No public transportation nearby. Lots of options for roads to travel. "
    0
    Flag
  • Len Hatton
    "Close to highway, I’d say it’s about a mile from a bus stop. Close to stores and Brookshire Park and BooneShine Brewery. One con is there is only one switchback road into and out of neighborhood."
    0
    Flag
  • Briannalf2018
    "Childcare is a major hassle, but the parks and school systems are worth it. Winter can be hard to find activities, especially for smaller kids"
    0
    Flag
  • Kay Alonzy
    "Very safe. I have been living here for 3 months now. I enjoy the community. The apartments and housing is very expensive. Most of them are overpriced "
    1
    Flag
  • Leann Richard
    "You can take your dog to a lot of restaurants and they have water bowls outside stores downtown. A lot of places to take your dogs walking or hiking. Beautiful trails "
    0
    Flag
  • Trulia User
    "it's very quiet, but it's nothing like the city or suburbs. most people will be friendly, and will help you in anyway if you don't push your agenda on them."
    5
    Flag
  • Suzie S.
    "I am a biz owner here & have seen things change dramatically in past 12 years. No long-term rental housing unless you are a student or uber-wealthy, and you don't own a pet. Completely over-saturated with corporate-owned, short-term Air BnB's & VRBO's. Summer traffic is unreal along with roadwork. Tourists can be incredibly rude & the Mack trucks, semis & loggers on the 2-lane highways are dangerous. Need to own a helicopter or be one of the uber-wealthy who has access to the golf club heli to & from the airport. "
    14
    Flag
  • Matthew L.
    "I’m retired, no commute. However, the college provides a lot of traffic. This improves in the summer months, and the time between thanksgiving and the new year. It’s a small price to pay to live in this area."
    9
    Flag
  • Laura M.
    "Boone has great schools and tons of family activities. Lots of hiking and river adventures, too! Love it here!"
    5
    Flag
  • Rachel G.
    "Busy and congested in the mornings, not bad during off-peak. Public transportation is great, though, and utilized by students and community members alike."
    2
    Flag
  • Megelkraut
    "Good neighbors, always nice yards. Friendly dogs and plenty of them. Quiet setting, Mountain View’s. Tucked away but only 7 minutes from APP...................."
    2
    Flag
  • Sara J.
    "Such a great place to live, much better than my hometown: Rocky Mount, NC. Very nice community. Plenty of restaurants, stores, and things to do. Both free and not."
    1
    Flag
  • Megelkraut
    "There are plenty of dogs in the neighborhood so you feel like everyone is a dog lover. My dog ran in someone else’s yard and they just said what a cutie. Some people get mad about it but seems like everyone is super friendly in the sunny graves "
    3
    Flag
  • Mike E
    "There’s many family’s in the neighborhood with kids playing outside so a good safe place to raise a family or live by yourself. "
    0
    Flag
  • Ljfero
    "Close to activities, schools, and work. People are very friendly. Great place to raise kids. Very safe. "
    2
    Flag
  • Djohnsoa
    "Plenty of space for walking dogs and a nice area dog park nearby open daily. A couple of full service pet stores also in town."
    0
    Flag
  • Jolie L.
    "lots of students and all kinds of outdoor activities for the summertime! might catch cabin fever in the winter though.. "
    1
    Flag
  • Mhmarissamh
    "I live in college housing in town, so it is very accessible via walking or bus. However, I have lived in neighborhoods further away from downtown. In those neighborhoods, it is much more necessary to have a car. But I’m all areas, everyone is cautious of walkers, and I always have felt safe walking my dog, both at night and during the day (even as a female). "
    5
    Flag
  • Brantdvs
    "Just moved to the neighborhood and Boone area. Everyone is friendly and love the area. Beautiful neighborhood and great views."
    2
    Flag
  • Ipman8154
    "lived here for 2 years and the neighbors keep to themselves and are very nice also they are pet friendly love dogs. everyone works and has friends come over. "
    4
    Flag
  • Jacob C.
    "I have lived in Boone for three years and have come to love it! It started out with me and my now fiancé being in the area for school at ASU and we just couldn’t find a good enough excuse to leave. Boone has become our forever place and if you like friendly people cool nice weather and a fun good atmosphere then Boone is the place for you!"
    1
    Flag
  • Larneddana52
    "Lived here for five years and wouldn’t live anywhere else it’s beautiful quiet safe not crowded however it’s a bit expensive and hard to find affordable housing "
    0
    Flag

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Homes for sale near 237 Queen Street

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IDX information 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Homes for rent near 237 Queen Street

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Off Market Homes Near 237 Queen Street

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237 Queen Street, Boone, NC 28607 is a studio, 3,086 sqft multi-family built in 1945. This property is not currently available for sale. 237 Queen Street was last sold on Jan 31, 2025 for $1,192,500 (8% lower than the asking price of $1,299,000). The current Trulia Estimate for 237 Queen Street is $996,700.