616 N Mebane St, Burlington, NC, 27217
About This Home
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 rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Construction materials: See Remarks
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Stick/Site Built,Residential,Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bedroom2
- Level: Second
Bedroom2
- Level: Main
Bedroom2
- Level: Main
Bedroom3
- Level: Main
Bedroom3
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
Entry
- Level: Main
Features
- Finished area above ground: 3,286
Heating & Cooling
- Heating features: Multiple Systems,See Remarks
- Cooling features: Multi Units
Interior Area
- Total structure area: 3,286
- Total interior livable area: 3,286 sqft
Kitchen
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Second
Laundry
- Level: Main
Living Room
- Level: Main
Living Room
- Level: Main
Living Room
- Level: Second
Master Bedroom
- Level: Main
Master Bedroom
- Level: Second
Master Bedroom
- Level: Main
Other
- Level: Second
Other
- Level: Second
Other
- Level: Main
Other
- Level: Main
Property
Details
- Parcel number: 136950
- Zoning: R 9
- Special condition: Owner Sale
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 0.31 Acres
- Features: City Lot
- Lot size dimensions: 80 x 162 x 83 x 165
Parking
- Parking features: Driveway,Gravel
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Hail
- Ice Storm
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Alamance County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,314 | $15,768 |
| Home Insurance * | $109 | $1,308 |
| Property Taxes | $83 | $996 |
| Electricity | $306 | $3,672 |
| Total | $1,812 | $21,744 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-28 | Listed for sale | $299,900 |
| 2025-08-09 | Pending sale | $299,900 |
| 2025-03-01 | Listed for sale | $299,900 |
| 2025-01-01 | Listing removed | $314,900 |
| 2024-02-14 | Price change | $314,900 |
| 2023-10-28 | Listed for sale | $324,900 |
| 2023-09-20 | Sold | $61,000 |
| 2015-12-31 | Sold | $73,000 |
| 2013-05-01 | Sold | $39,000 |
| 2013-03-26 | Listed for sale | $66,000 |
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