517 W Main St Gibsonville, NC 27249
Estimated payment $1,179/month
About This Home
Welcome to this well-maintained duplex ideally located in the heart of Gibsonville, just minutes from Elon University, charming downtown Gibsonville, and easy highway access to I-40. Each unit features 1 bedroom, 1 bath, full kitchen and comfortable living area.
Unit A is occupied by a long-term renter of 23 yrs. Unit B, also occupied, was renovated in 2024 with new luxury vinyl plank flooring in kitchen and bath. Original hardwoods in living area, new carpet in the bedroom, updated bath fixtures and vanity. Modern kitchen upgrades, ceiling fans and energy efficient dual pane windows.
Both units have new AC window units.
Newly installed rain gutters on the back side of home.
Situated on a quiet dead-end street with mature trees and friendly neighbors and strong rental history, this duplex provides the perfect blend of small-town charm and long-term income potential.
Call listing agent for showings 336-516-2122
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $943
Year Built
- Built in 1940
Lot Details
- 0.52 Acre Lot
- Street terminates at a dead end
Parking
- Gravel Driveway
Home Design
- Duplex
- Vinyl Siding
Flooring
- Wood
- Carpet
- Vinyl
Utilities
- Window Unit Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 0102757
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $913 | $74,800 | $35,000 | $39,800 |
| 2024 | $913 | $74,800 | $35,000 | $39,800 |
| 2023 | $913 | $74,800 | $35,000 | $39,800 |
| 2022 | $943 | $74,800 | $35,000 | $39,800 |
| 2021 | $566 | $44,900 | $14,000 | $30,900 |
| 2020 | $566 | $44,900 | $14,000 | $30,900 |
| 2019 | $566 | $44,900 | $0 | $0 |
| 2018 | $326 | $44,900 | $0 | $0 |
| 2017 | $326 | $44,900 | $0 | $0 |
| 2016 | $275 | $36,400 | $0 | $0 |
| 2015 | $277 | $36,400 | $0 | $0 |
| 2014 | $280 | $36,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Sale | $209,900 | +99.9% | -- | |
| 04/18/2024 04/18/24 | Sold | $105,000 | +16.7% | $175 / Sq Ft | View Prior Sale |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- | |
| 03/27/2024 03/27/24 | For Sale | $90,000 | -- | $150 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | None Listed On Document | |
| Warranty Deed | $136,000 | -- |
Source: Triad MLS
MLS Number: 1200522
APN: 0102757
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