1678 Stone Street Extension Mebane, NC $ 1,275,000
1678 Stone Street Extension
$ 1,275,000
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1678 Stone Street Extension

Mebane, NC, 27302
$ 1,275,000
Bedrooms-- Baths0.0 Sq 9,800

Monthly Estimate*

$ 8,806

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Multi-Family Home for sale in Mebane, NC

for $1,275,000. This 9,800 square foot home was built in 1940 on a lot size of 16.06.

Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!

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Multi-Family Active

Price

$ 1,275,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

16.06

Year Built

1940

Town/City

Mebane

County/Region

Alamance

MLS | Web ID

4399573

Features
General
Living Area 9800
Sewer Septic Installed
Heating Heat Pump
Cooling Central Air
Appliances Refrigerator Washer/Dryer
Construction Materials Vinyl
Pets Allowed Conditional
Year Built 1940
Tenant Pays Electricity
Property Subtype Portfolio
Parcel Number 160611
Additional Parcels Description 160609 and 160607
County Alamance
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Directions I 40/85 exit 150 toward Haw River turn left onto Jimmy Kerr Road. Turn right onto Stone Street.
High School Unspecified
City Mebane
Senior Community Y/N N
Number Of Units Total 15
Lot Size Units Acres
Carport Y/N Y
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Tax Assessed Value 340241
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Exterior
Parking Features Attached Carport
Water Source Community Well
Lot Size Area 16.06
Foundation Details Crawl Space
Building Area Total 9800
Road Surface Type Concrete Gravel
Road Responsibility Private Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 9800
Laundry Features Main Level
Below Grade Finished Area 0
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Internal Only
Street Number 1 1678
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* Excluded Features
List By
Re/Max Executive

Broker

Affordability Calculator

$8,806
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,806
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
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$1,275,000 -1.92% Price Down
7/10/2026$1,300,000 Listed Price

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1678 Stone Street Extension, Mebane, NC, 27302 is a Multi-Family Home for sale at $1,275,000 with 9,800 sqft and a lot size of 16.06. 1678 Stone Street Extension has 0.0 baths and was built in 1940. The property's zip code is 27302 which is in Mebane, NC