An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are presently vacant so scheduling a showing will be a breeze!
Active
Price increase: $65K (8/16)
$259,900
616 N Mebane St, Burlington, NC 27217
10beds
3,286sqft
Quadruplex
Built in 1950
-- sqft lot
$312,500 Zestimate®
$79/sqft
$-- HOA
What's special
- 545 days |
- 1,224 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Bryan Guarnieri bryang@hpw.com,
Coldwell Banker HPW
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4228232
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other
Cooling
- Varies by Unit
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 3,286
- Total interior livable area: 3,286 sqft
- Finished area above ground: 3,286
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Circular Driveway, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Frontage length: Road Frontage: 80
Lot
- Size: 0.31 Acres
- Dimensions: 80 x 162 x 83 x 165
Details
- Parcel number: 136950
- Zoning: R 9
- Special conditions: Subject to Lease,None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Victorian
- Property subtype: Quadruplex
Materials
- Other
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Burlington
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $288,890
- Annual tax amount: $1,355
- Date on market: 3/1/2025
- Cumulative days on market: 478 days
- Listing terms: Cash,Conventional,Exchange,Owner Financing
- Tenant pays: All Utilities
- Road surface type: Dirt, Gravel, Paved
Estimated market value
$312,500
$297,000 - $328,000
$2,023/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $324,900+25% |
Source:  Triad MLS #1172004 Report a problem | ||
| 5/29/2026 | Price change | $259,900-5.5%$79/sqft |
Source:  Doorify MLS #10079503 Report a problem | ||
| 5/19/2026 | Price change | $274,900-8.3%$84/sqft |
Source: Doorify MLS #10079503 Report a problem | ||
| 1/28/2026 | Listed for sale | $299,900 |
Source: Triad MLS #1171998 Report a problem | ||
| 8/9/2025 | Pending sale | $299,900 |
Source: Triad MLS #1172004 Report a problem | ||
| 3/1/2025 | Listed for sale | $299,900-4.8%$91/sqft |
Source: Doorify MLS #10079503 Report a problem | ||
| 1/1/2025 | Listing removed | $314,900 |
Source: Triad MLS #1123747 Report a problem | ||
| 2/14/2024 | Price change | $314,900-3.1% |
Source: Triad MLS #1123747 Report a problem | ||
| 10/28/2023 | Listed for sale | $324,900+432.6% |
Source: Triad MLS #1123747 Report a problem | ||
| 9/20/2023 | Sold | $61,000-16.4%$19/sqft |
Source: Public Record Report a problem | ||
| 12/31/2015 | Sold | $73,000+87.2%$22/sqft |
Source: Public Record Report a problem | ||
| 5/1/2013 | Sold | $39,000-40.9%$12/sqft |
Source: Agent Provided Report a problem | ||
| 3/26/2013 | Listed for sale | $66,000$20/sqft |
Source: Burlington Market Center, LLC dba Keller Williams Realty #78928 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,355 +8.6% | $288,890 |
| 2023 | $1,248 +62.2% | $288,890 +144% |
| 2022 | $769 -1.5% | $118,378 |
| 2021 | $781 -1.5% | $118,378 |
| 2020 | $793 | $118,378 |
| 2019 | $793 +12.7% | $118,378 |
| 2018 | $704 | $118,378 |
| 2017 | $704 -55.3% | $118,378 -12.9% |
| 2016 | $1,573 | $135,933 |
| 2015 | $1,573 | $135,933 |
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: 27217
Nearby schools
GreatSchools rating
- 3/10Eastlawn ElementaryGrades: PK-5Distance: 1.4 mi
- 7/10Broadview MiddleGrades: 6-8Distance: 1.8 mi
- 3/10Hugh M Cummings HighGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
