105 Summit Street
Boone, NC, 28607 $ 399,900
Bedrooms2 Baths2.0 Sq 1,415 Monthly Estimate*
$ 2,525
for $399,900 with 2 bedrooms and 2 full baths. This 1,415 square foot home was built in 1925 on a lot size of 0.162.
Investment opportunity in the heart of Boone! Located just a short walk from downtown Boone, King Street, and the campus of Appalachian State University, this income-producing property offers a rare combination of location, flexibility, and long-term rental stability. The property contains approximately 1,415± heated square feet and is configured with two separate living areas. The main level consists of an 864± square foot residence featuring two bedrooms, one full bath, a living room, kitchen, breakfast area, and a spacious rear entry hallway. The lower level is arranged as an efficiency-style apartment with a living area, kitchen, and full bathroom, providing additional rental income potential. The sellers recently completed approximately $30,000 in capital improvements, including repair and replacement of exterior stucco as needed, complete exterior repainting, and installation of new exterior stairs. Work was completed the week of August 17, 2026. Both units are currently leased through 2027, offering immediate cash flow for investors. The property is situated within the R-1A zoning district and is positioned in one of Boone's most desirable in-town locations, convenient to restaurants, shopping, entertainment, and Appalachian State University. Whether you're seeking an investment property, future owner-occupant opportunity, or a downtown Boone residence with supplemental income potential, 105 Summit Street offers exceptional versatility in a highly sought-after location. Tenant occupied. Minimum 48-hour advance notice required for all showings. All showings are preferred after 12:00 PM whenever possible. No same-day showings.
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List ByUnderdown, Ball & Associates, LlcBroker
roberthball@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,525
- Monthly Property Taxes
- $149
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Boone, NC
Average List Price $1,055,637
Percent of Sale Price 164%
About Boone, NC 18,712 Population
30% Since 2002
$ 26,433 Median Income
21.32 Median Age
10% Households with Children
Trends Information provided by ATTOM Data Solutions.
4154192 Elementary School
4062211 Middle School
Watauga High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $399,900 | -2.46% | Price Down |
| 6/12/2026 | $410,000 | | Listed Price |