$209,900

517 W Main St Gibsonville, NC 27249

Estimated payment $1,179/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Listing Agent

Lisa Wittig

Rose & Hall Real Estate License #224927 Listed on: 10/28/2025

Rose & Hall Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$943

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Lot Size: 0
  • Directions: From I-40 take exit 138 for NC-61 toward Gibsonville, turn right on NC-61 N, right onto NC-100W/NC-61 N, Left onto W Main Street, Home on the left.
  • Year Built: 1940
  • TRIADMLS_LandDescription: Dead End
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0102757
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 942.85
  • Tax Lot: 3
  • Tax Map Number: 3
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 None Listed On Document
Warranty Deed $136,000 --
Source: Public Records

Source: Triad MLS

MLS Number: 1200522

Triad MLS

APN: 0102757