Duplex with Two Leased
For Sale
$199,900
514-516 S Mebane Street, Burlington, NC 27215
The two residences are occupied under separate leases, with terms extending into 2026 and 2027.
Property SizeContact for details
Days on Market147
Property Features for 514-516 S Mebane Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Zoning
O I
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$888
Building Details
Year Built
1920
Units
2
Listing Agency:
COLDWELL BANKER - HP&W
(919) 732-6101
Listed By:
Bryan Guarnieri · License #299470
(919) 906-4840
Source:
Hollandandassociates
Added: Jun 6
Changed: Oct 29
Last Checked: Oct 29 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER - HP&W
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex comprises two residences at 514-516 S Mebane Street. Both units are currently leased, with separate lease expirations in 2026 and 2027. The property was built in 1920 and carries O I zoning.
Located on S Mebane Street in Burlington, the property is offered for sale. Showings require a letter of intent or proof of funds and advance notice.
Located on S Mebane Street in Burlington, the property is offered for sale. Showings require a letter of intent or proof of funds and advance notice.
Key Highlights
- Two‑unit duplex at 514‑516 S Mebane Street
- Both units are currently leased
- Lease expirations: 10/5/2026 and 1/13/2027
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
Demographics for 27215, NC
44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences are occupied under separate leases, with terms extending into 2026 and 2027.
Where is this duplex located?
The property is located at 514-516 S Mebane Street Burlington, NC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex at 514‑516 S Mebane Street; Both units are currently leased; Lease expirations: 10/5/2026 and 1/13/2027
