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$349,500 Just Listed
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Property Description
Prime Duplex Opportunity in Historic Sanford - Invest or Owner-Occupy! Discover this beautifully renovated duplex at 516-518 Cross St, Sanford, NC 27330 - a smart choice for savvy investors or homeowners looking to live comfortably while generating rental income. Priced at just $349,500, this 1,928 sqft property on a spacious 0.25-acre lot offers incredible value in a charming historic neighborhood close to vibrant downtown Sanford. Key Features: Dual Units for Flexibility: Each side boasts 964 sqft with 2 bedrooms, 1 bathroom, and gleaming hardwood floors. Modern updates include central cooling, vinyl exterior, private rear decks, covered front porches, and a sturdy shingle roof on a crawl/raised foundation - built in 1951 but renovated for today's lifestyles. Income Potential: One unit is already leased to a reliable long-term tenant, providing immediate cash flow. The vacant side is ready for showings - perfect for owner-occupiers to move in and rent out the other half to offset your mortgage. With a Rent of $2,400/month total for both sides this could yield strong returns. Lifestyle Perks: Enjoy territorial and city views from this well-maintained gem. All appliances are included, and the location puts you steps from downtown amenities, shops, and community vibes. For Investors: Turnkey rental with one side occupied - minimal vacancy risk! Capitalize on Sanford's growing market for steady appreciation and passive income. For Owner-Occupiers: Live in one unit while renting the other. Ideal for first-time buyers, downsizers, or anyone seeking affordable housing with built-in revenue. Don't miss this versatile property. Serious inquiries only.
Full Property Details
Full Property Details for 516 Cross St
General
- Price: $349,500
- Taxes: $2,063
- Status: Active
- Type: Duplex
- Source: 2218
- MLS ID: 10150193
- Updated: 3/4/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Number of Rooms: 1
- Interior Features: Ceiling Fan(s)
- Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Flooring: Tile, Wood, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Storage
Parking
- Parking Features: On Street
Location
- County: Lee
- Subdivision: McKernon Heights
- Driving Directions: North Horner Blvd to Cross St
- City Limits: Yes
School Information
- Elementary School: Lee - B T Bullock
- Middle School: Lee - West Lee
- High School: Lee - Lee
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional
- Structure Type: Duplex
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1928
- Square Feet: 1,928
- Finished Above Grnd: 1,928 Sq. Ft.
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,063.09
Disclosures and Reports
- Special Conditions: Seller Licensed Real Estate Professional, Standard
- Property ID: 964340222400
- Lot Number: 114
Listed by Collective Realty LLC, Andrea Andrado Ochoa (704) 705-8008
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Schools
Schools serving 516 Cross St
School District:Lee County Schools
| Name | Grades | Distance |
|---|---|---|
Benjamin T Bullock Elementary School 1410 McNeill Road, Sanford, NC 27330 | K-5 | 1.7 mi |
West Lee Middle School 3301 Wicker Street, Sanford, NC 27330 | 6-8 | 1.8 mi |
Lee County High School 1708 Nash Street, Sanford, NC 27330 | 9-12 | 2.4 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 516 Cross St
Date
Details
Price
Change
Source
3/04/2026
Listed
$349,500
288.33%
MLS
11/06/2019
Sold
$90,000
—
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 516 Cross St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,803
1%
$174,100
—
2024
$2,763
1%
$174,100
—
2023
$2,743
30%
$174,100
60%
2022
$2,110
-1%
$108,900
—
2021
$2,123
—
$108,900
—
2020
$2,117
4%
$108,900
—
2019
$2,037
-9%
$108,900
-14%
2018
$2,244
1%
$126,800
—
2017
$2,219
2%
$126,800
—
2015
$2,169
5%
$126,800
—
2014
$2,074
9%
$126,800
—
2013
$1,898
—
$126,800
—
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 516 Cross St
516 Cross Street, Sanford, NC 27330 (MLS# 10150193) is a Duplex property with 4 bedrooms and 2 full bathrooms. 516 Cross Street is currently listed for $349,500 and was received on March 04, 2026. Want to learn more about 516 Cross Street? Do you have questions about finding other Duplex real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

