Renovated Duplex with Front
New
For Sale
$256,999
805 N Mebane Street, Burlington, NC 27217
MULTI_FAMILY - Other - Burlington, NC
Property Size1,289 SF
Lot Size0.23 Acres
Price / SF$199.38
Days on Market1
Property Features for 805 N Mebane Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R9
Rooms
Basement
Parking
2
Parking features
Driveway
Appliances
Electric Water Heater
Lot features
City Lot, Cleared, Level
Directions
Take Alamance Rd to S. Mebane St. TR to N. Mebane St. # 805 A & B
Standard status
Active
Size
1,289 SF
Lot size
0.23 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Wall Furnace
Cooling system
Central Air, Heat Pump, Window Unit(s)
Water source
Public
Amenities
rocking chair front porch
Building Details
Year built
1910
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
Your Friendly Real Estate Company
(336) 908-6922
Listed By:
Shelia M Siler
(336) 908-6922
Added: Aug 5
Last Checked: Aug 5 at 5:06PM
MLS# 1230120
Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 1,289 square feet on a 0.23-acre lot, with one bedroom and one bathroom on each side. Both units are vacant, and each includes a range and refrigerator. Improvements include vinyl siding, vinyl flooring, and a rocking-chair front porch. One side is served by a natural-gas forced-air system with central air, while the other has a wall furnace and two new window air conditioners scheduled for installation before closing.
The property is located at 805 N Mebane Street in Burlington, NC 27217. Public water and public sewer serve the property, and driveway parking is provided. The duplex was built in 1910 and is zoned R9.
The property is located at 805 N Mebane Street in Burlington, NC 27217. Public water and public sewer serve the property, and driveway parking is provided. The duplex was built in 1910 and is zoned R9.
Key Highlights
- Two‑unit duplex with 1,289 square feet on 0.23 acres
- Each side offers 1 bedroom and 1 bathroom
- Both units are vacant at the time of listing
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.8k | $13.80 |
| − Vacancy | −$1.2k | −$0.90 |
| EGI | $16.6k | $12.90 |
| − OpEx | −$5.0k | −$3.87 |
| NOI | $11.6k | $9.03 |
1,289 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$166.3K
$145.5K – $194.0K
NOI $11,642 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$146.2K
$128.0K – $170.6K
NOI $10,236 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$425.0K
$371.9K – $495.8K
NOI $29,749 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 27217, NC
39,556
Population
16,392
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
82%
High-School Grad
123.2 sq mi
ZIP Area
321
Density / Sq Mi
$50,770
Median Household Income
$34,253
Median Earnings
$859
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with one-bedroom layouts, private drive access, and range and refrigerator packages included.
Where is this duplex located?
The property is located at 805 N Mebane Street Burlington, NC.
What is the asking price?
The asking price for this property is $256,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,289 square feet on 0.23 acres; Each side offers 1 bedroom and 1 bathroom; Both units are vacant at the time of listing
