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    616 N Mebane St Burlington, NC 27217

    Sponsored
    For Sale
    Pending
    $299,900

    MULTI_FAMILY - Victorian - Burlington, NC

    Property size:
    3,286 SF
    Lot size:
    0.31 Acres
    Days on Market:
    70
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 616 N Mebane St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    R 9
    Rooms
    Bedroom 8, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Laundry Room, Bedroom 6, Bedroom 9, Bedroom 1, Bedroom 4, Bedroom 10, Bathroom 2
    Bedrooms
    10
    Bathrooms
    4
    APN
    136950
    Parking
    8
    Size
    3,286 SF
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Varies by Unit (Heating)
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Carpet
    Roof type
    Shingle
    Architectural style
    Victorian

    Coldwell Banker Howard Perry and Walston (919) 789-5200 [email protected]

    Listing agent Bryan Guarnieri (919) 906-4840

    Listing date Oct 28, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burlington Quadruplex with Income Potential

    This Burlington, NC property presents an opportunity for investors. Currently configured as a quadruplex, the property features four separately metered units, each occupied by tenants on a month-to-month basis. The property could be converted back to a single-family home. The monthly rental income is $850 for Unit 1, $650 for Unit 2, $800 for Unit 3, and $750 for Unit 4. The building has a total area of 3286 square feet and is located on a 0.31-acre lot. The property's location provides convenient access to I-40 and I-85.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Natural Selection Construction Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.42799
    Latitude
    36.092538

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    FAQs

    What type of property is this?
    Quadplex - Quadruplex in Burlington, NC with month-to-month tenants.
    Where is this quadplex located?
    The property is located at 616 N Mebane St Burlington, NC.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Quadruplex with income-generating potential from 4 separate rental units.; - Excellent location in Burlington with easy access to I-40 and I-85.; - All units are separately metered.
    (919) 906-4840
    Request Owner's contact information
    616 N Mebane St Burlington, NC 27217
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    Burlington, NC 27217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 N Mebane St Burlington, NC 27217
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