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$299,900 Sale Pending
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Property Description
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.
Full Property Details
Full Property Details for 616 N Mebane St
General
- Price: $299,900
- Taxes: $2,751
- Status: Pending
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1171998
- Updated: 8/9/2025
- Added to Site: 322 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper - Full Baths: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 10
- 1st/Main Floor Primary: Yes
Exterior
- Patio/Terrace: Yes
Parking
- Parking Features: Driveway, Gravel
Location
- County: Alamance
- Subdivision: None
- Driving 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 lt
- City Limits: Yes
School Information
- Elementary School: Eastlawn
- Middle School: Broadview
- High School: Hugh M. Cummings
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Multiple Systems, See Remarks
- Heating Fuel: Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: Two
- Heated/Cooled: 3,286 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.306
- Lot Dimensions: 80 x 162 x 83 x 165
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $980,065.3595
- Tax Amount: $2,751.96
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
- Deed Restrictions: Yes
Listed by Coldwell Banker - Hp&W
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Schools
Schools serving 616 N Mebane St
School District:Alamance-Burlington Schools
| Name | Grades | Distance |
|---|---|---|
Eastlawn Elementary 502 North Graham Hopedale Road, Burlington, NC 27217 | PK-5 | 1.3 mi |
Broadview Middle 2229 Broadview Drive, Burlington, NC 27217 | 6-8 | 1.8 mi |
Hugh M Cummings High 2200 North Mebane Street, Burlington, NC 27217 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 616 N Mebane St
Date
Details
Price
Change
Source
3/02/2025
Listed
$299,900
391.64%
MLS
9/19/2023
Sold
$61,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 616 N Mebane St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,427
5%
$288,890
—
2024
$1,355
9%
$288,890
—
2023
$1,248
77%
$288,890
144%
2021
$704
—
$118,378
—
2022
$704
—
$118,378
—
2020
$704
-53%
$118,378
—
2019
$1,497
7%
$118,378
—
2018
$1,402
1%
$118,378
—
2017
$1,394
-12%
$118,378
-13%
2016
$1,577
101%
$135,933
—
2015
$784
9%
$135,933
—
2014
$720
-2%
$135,933
—
2013
$734
—
$135,933
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 616 N Mebane St
616 N Mebane Street, Burlington, NC 27217 (MLS# 1171998) is a Single Family property with 10 bedrooms and 4 full bathrooms. 616 N Mebane Street is currently listed for $299,900 and was received on March 02, 2025. Want to learn more about 616 N Mebane Street? Do you have questions about finding other Single Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

