Duplex for sale to the savvy investor! 514 S Mebane St is currently rented for $1000/month (Lease expires 10/5/2026) and 516 S Mebane St is currently rented for $950/month (Lease expires 1/13/2027). Buyers will need a LOI/POF to schedule a showing and plenty of advance notice.
For sale
$299,900
514-516 S Mebane St, Burlington, NC 27215
--beds
--baths
--sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$287,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 92 days
- 233
- 14
Zillow last checked:
Listing updated:
Listed by:
Bryan Guarnieri 919-906-4840,
COLDWELL BANKER - HP&W
Source: Triad MLS,MLS#: 1223597
Facts & features
Interior
Heating
- See Remarks
Cooling
- Other
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,093
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Pool features: None
Lot
- Size: 0.22 Acres
Details
- Parcel number: 135956
- Zoning: O I
- Special conditions: Owner Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Burlington
Financial & listing details
- Tax assessed value: $90,847
- Annual tax amount: $888
- Date on market: 6/6/2026
- Cumulative days on market: 92 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$287,000
$273,000 - $301,000
$1,289/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $299,900 |
Source:  Triad MLS #1223597 Report a problem | ||
| 8/16/2026 | Listing removed | $299,900 |
Source: Triad MLS #1223597 Report a problem | ||
| 8/16/2026 | Price change | $299,900+42.9% |
Source: Triad MLS #1223597 Report a problem | ||
| 8/4/2026 | Price change | $209,900-4.5% |
Source: Triad MLS #1223597 Report a problem | ||
| 6/6/2026 | Listed for sale | $219,900 |
Source: Triad MLS #1223597 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $426 +8.6% | $90,847 |
| 2023 | $392 -17.6% | $90,847 +23.9% |
| 2022 | $477 -1.5% | $73,311 |
| 2021 | $484 -1.5% | $73,311 |
| 2020 | $491 | $73,311 |
| 2019 | $491 +12.7% | $73,311 |
| 2018 | $436 | $73,311 |
| 2017 | $436 -41.1% | $73,311 +14.6% |
| 2016 | $740 | $63,968 |
| 2015 | $740 | $63,968 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27215
Nearby schools
Schools provided by the listing agent
- Elementary: Harvey R. Newlin
- Middle: Graham
- High: Graham
Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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