About 406 N 408 5th Street
Well-maintained 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.
Features of 406 N 408 5th Street
| MLS® # | 10184389 |
|---|---|
| Price | $314,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,622 |
| Acres | 0.43 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 406 N 408 5th Street |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Mebane |
| County | Alamance |
| State | NC |
| Zip Code | 27302 |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Vinyl Siding |
| Foundation | Crawlspace |
School Information
| Elementary | Alamance Burlington - E M Yoder Elementary |
|---|---|
| Middle | Alamance Burlington - Woodlawn Middle |
| High | Alamance Burlington - Eastern Alamance High |
Additional Information
| Date Listed | August 5th, 2026 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Stanley Real Estate Services |
|---|