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$299,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Units
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An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. 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 for 616 N Mebane St

General

  • Price: $299,900
  • Taxes: $2,751
  • Status: Pending
  • Type: Multi-Family
  • Source: Triad_MLS
  • MLS ID: 1172004
  • Updated: 8/9/2025
  • Added to Site: 322 day(s) ago

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: Two Story
  • 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

Listed by Coldwell Banker - Hp&W

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Listing agent

— 616 N Mebane St —

  • Coldwell Banker - Hp&W

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 616 N Mebane St

School District:Alamance-Burlington Schools
NameGradesDistance
Eastlawn Elementary
502 North Graham Hopedale Road, Burlington, NC 27217
PK-51.3 mi
Broadview Middle
2229 Broadview Drive, Burlington, NC 27217
6-81.8 mi
Hugh M Cummings High
2200 North Mebane Street, Burlington, NC 27217
9-121.8 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2025
Listed
$299,900
391.64%
MLS
9/19/2023
Sold
$61,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Coldwell Banker - Hp&W

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616 N Mebane Street, Burlington, NC 27217 (MLS# 1172004) is a Multi-Family property with 4 units containing 0 bedrooms and 0 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 Multi-Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

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