Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site.
The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
Active
$1,300,000
1678 Stone Street Ext, Mebane, NC 27302
--beds
--baths
9,800sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
- 63 days
- 208
- 8
Zillow last checked:
Listing updated:
Listed by:
Jamie Purvis jamiepurvisrealtor@yahoo.com,
RE/MAX Executive
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4399573
Facts & features
Interior
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Refrigerator, Washer/Dryer
- Laundry: Main Level
Features
- Has basement: No
Interior area
- Total structure area: 9,800
- Total interior livable area: 9,800 sqft
- Finished area above ground: 9,800
- Finished area below ground: 0
Property
Parking
- Parking features: Attached Carport
- Has carport: Yes
Lot
- Size: 16.06 Acres
Details
- Additional parcels included: 160609 and 160607
- Parcel number: 160611
- Zoning: R 18
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well
Community & HOA
Location
- Region: Mebane
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $340,241
- Date on market: 7/10/2026
- Cumulative days on market: 63 days
- Tenant pays: Electricity
- Road surface type: Concrete, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,174/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $1,300,000+8.3%$133/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4399573 Report a problem | ||
| 11/1/2024 | Listing removed | $1,200,000 |
Source:  Triad MLS #1148422 Report a problem | ||
| 7/17/2024 | Listed for sale | $1,200,000 |
Source: Triad MLS #1148422 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27302
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