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616 N Mebane Street

Burlington, NC 27217

10 beds
4 baths
3,286 sqft
13,503 sqft lot
$91 per sqft
1950 build
– on site

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.

Listing courtesy of DMLS / Coldwell Banker - HPW

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# 10079503 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1950
New Construction:

false
Construction Materials:

Unknown
Architectural Style:

Traditional
Roof:

Shingle
Foundation Details:

See Remarks
Stories:

2
Levels:

Two
Basement:

false
Building Area Total:

3286
Building Area Units:

Square Feet
Above Grade Finished Area:

3286
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Rooms Total:

20
Flooring:

Carpet

Room Dimensions

Living Area:

3286
Living Area Units:

Square Feet

Financial & Terms

Lease Term:

Month To Month

Location

Directions:

From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.
Latitude:

36.092538
Longitude:

-79.42799
Coordinates:

-79.42799, 36.092538

The Property

Property Type:

Residential
Property Subtype:

Quadruplex
Property Attached:

true
Zoning:

R 9
Parcel Number:

136950
Lot Size Acres:

0.31
Lot Size Area:

13503.6
Lot Size Dimensions:

80 x 162 x 83 x 165
Lot Size SqFt:

13503.6
Lot Size Units:

Square Feet
View:

true
Horse:

false
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2751.96

Beds

Bedrooms Total:

10

Baths

Total Baths:

4
Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://u.listvt.com/mls/174957131
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Varies by Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Alamance - East Lawn
Middle Or Junior School:

Alamance - Broadview
High School:

Alamance - Hugh Cummings

The Community

Subdivision Name:

Not in a Subdivision
Association:

false
Spa:

false
Pool Private:

false
Senior Community:

false

Parking

Garage:

false
Carport:

false
Open Parking:

true
Open Parking Spaces:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/1/25 Mar 1, 2025	Listed / Active	DMLS	$299,900

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This multifamily located in East Burlington, Burlington, NC 27217 is currently for sale for $299,900. 616 N Mebane Street is a 3,286 square foot multifamily with 10 beds and 4 baths that has been on Estately for 30 days. 616 N Mebane Street is in the East Burlington neighborhood of Burlington and has a WalkScore® of 52, making it somewhat walkable. This multifamily is in the attendance area of Hugh M Cummings High School, Eastlawn Elementary School, and Broadview Middle School.

Listing Courtesy of: DMLS and Coldwell Banker - HPW.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.