406 N 408 5th Street Mebane, NC $ 295,000
406 N 408 5th Street
$ 295,000
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406 N 408 5th Street

Mebane, NC, 27302
$ 295,000
Bedrooms4 Baths2.0 Sq 1,622

Monthly Estimate*

$ 2,037

406 N 408 5th Street, Mebane, NC 27302 - Image 1

Multi-Family Home for sale in Mebane, NC

for $295,000 with 4 bedrooms and 2 full baths. This 1,622 square foot home was built in 1949 on a lot size of 0.43.

Duplex offering immediate rental income with additional upside potential. Each unit features 2 bedrooms and 1 bathroom. Recent capital improvements include HVAC replacement, furnace replacement, flooring updates, roof repairs, and front porch improvements, helping reduce near-term capital expenses. Seller prefers to sell this property as part of a portfolio but will consider individual property sales. Please do not disturb tenants. Property may be shown only after an accepted contract during the Due Diligence Period. Photographs were taken prior to tenant occupancy. See the attached Alamance Residential Investment Portfolio Summary for information on the complete portfolio, including current and estimated market rents, recent capital improvements, and the other available properties. Property sold As-Is.

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Multi-Family Active

Price

$ 295,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.43

Year Built

1949

Town/City

Mebane

County/Region

Alamance

MLS | Web ID

10184389

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Roof Shingle
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1949
Stories Count 1
Levels One
Property Subtype Duplex
County Alamance
New Construction false
Property Type Residential
HOA false
Subdivision Name Not in a Subdivision
Garage Y/N false
Total Rooms 1
Full Baths 2
Status Active
Directions From I-40/I-85 take Exit 153 (NC Hwy 119/S. Fifth Street) toward downtown Mebane. Travel north on S. Fifth Street crossing the railroad tracks where it becomes N. Fifth Street. Continue approximately 0.8 miles to 406-408 N. Fifth Street. Property will be on the right.
High School Alamance Burlington - Eastern Alamance High
City Mebane
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 18731
Elementary School Alamance Burlington - E M Yoder Elementary
Tax Annual Amount 2074.79
Middle/Junior High School Alamance Burlington - Woodlawn Middle
Ok to Lease Month To Month
Structure Type Duplex
Standard Status Active
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Interior
Flooring Luxury Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1622
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Above Grade Finished Area Source Appraiser
Total Baths 2
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Exterior
Water Source Public
Lot Size Area 0.43
Foundation Details Crawlspace
Building Area Total 1622
Lot Size Acres 0.43
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* Excluded Features
List By
Rob Stanley

Listing Agent

Stanley Real Estate Services

Broker

Rob@StanleyNC.com

Email

Affordability Calculator

$2,037
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,037
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Alamance Burlington - Eastern Alamance High High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$295,000 -4.84% Price Down
9/30/2026$310,000 -1.56% Price Down
8/19/2026$314,900 Listed Price

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406 N 408 5th Street, Mebane, NC, 27302 is a Multi-Family Home for sale at $295,000 with 1,622 sqft and a lot size of 0.43. 406 N 408 5th Street has 4 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 27302 which is in Mebane, NC