INNOVATE Real Estate
Duplex at 514-516 S Mebane Street, Burlington NC 27215, Burlington
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46 photos

$199,900

514-516 S Mebane Street, Burlington NC 27215
Burlington, NC 27215
Listed by Bryan Guarnieri
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

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.

Property details

MLS #
1223597
Property type
Duplex
Subdivision
N/A
Status
Active
Days on market
121
On market date
June 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.215 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Harvey R Newlin Elementary
1.31 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
554
Student:teacher ratio
14.6:1
District
Alamance-Burlington Schools
Middle
Turrentine Middle
1.56 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
955
Student:teacher ratio
17.1:1
District
Alamance-Burlington Schools
High
Walter M Williams High
1.01 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,198
Student:teacher ratio
17.9:1
District
Alamance-Burlington Schools

Walkability

Blended score for Burlington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores8
Parks9
Schools7
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Burlington, from live MLS data.

On the market 121 days -- 19 fewer days than Burlington's current average of 140 days.
For reference, the median list price across 256 active listings in Burlington right now is $274,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,354/mo
$39,980 down
$159,920 loan
Principal & interest$1,037
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 19 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.