Sold
Last Sold Price

1816 Malone Rd, Burlington, NC 27215

Multi FamilyProperty Type
0.47 acresLot Size
1992Year Built

Description

Fantastic investment opportunity! Rare chance to own a brick one-level duplex with a stable rental history in west Burlington. Wide parking area provides two paved spaces for each unit. Mirror image floor plans with covered front porch opening to foyer and family room (16'9" x 12'3"). Spacious kitchen with dining area offers rear doorway to deck. Nice master bedroom on rear (15'5" x 11'5") with ensuite half bath and two closets. Second bedroom on front (12'6" x 11'5"). Laundry closet and full bath...Fantastic investment opportunity! Rare chance to own a brick one-level duplex with a stable rental history in west Burlington. Wide parking area provides two paved spaces for each unit. Mirror image floor plans with covered front porch opening to foyer and family room (16'9" x 12'3"). Spacious kitchen with dining area offers rear doorway to deck. Nice master bedroom on rear (15'5" x 11'5") with ensuite half bath and two closets. Second bedroom on front (12'6" x 11'5"). Laundry closet and full bath on hallway. Walk-in crawl space. Large rear yard. Great location convenient to interstate access. Aggressively priced to allow new owner to make cosmetic updates. Please note: left side (A) unit is vacant. Tenant on right side (B) unit is on month-to-month lease (please do not disturb tenant).
  • Listed by: Sandy Sparks • Keller Williams Central
Listing closed: 07/27/2021 12:00 AM • Source: AMLS, MLS#: 113537
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Recent comparable sales

Median sold price

$202,500

Burlington, NC

9 comparable properties found

1

$145,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,500
Square Feet
0.21
Acres
2

$160,000

Sold 05/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,620
Square Feet
0.37
Acres
3

$202,500

Sold 01/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
4

$125,000

Sold 05/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.14
Acres
5

$225,000

Sold 01/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
8,244
Square Feet
0.65
Acres
6

$157,192

Sold 01/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,690
Square Feet
0.17
Acres
7

$500,000

Sold 04/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,976
Square Feet
0.48
Acres
8

$2,675,000

Sold 11/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,491
Square Feet
1.2
Acres
9

$245,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres

Location

Listing Courtesy of Keller Williams Central

Sold By Keller Williams Central

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Property Information for 1816 Malone Road

Property Details

  • MLS Type: Residential Income / Duplex
  • Parking Features: Driveway
  • Zoning: Res

Building Information

  • Stories: 1
  • Residences: 1
  • Year Built: 1992
  • Lot Size: 0.47 AC / 20,473 SF

Summary

Location and General Information
  • City: Burlington
  • County Or Parish: Alamance
  • Directions: I40/85 to exit 143; north on Alamance Road; right on S Mebane St; right on Chapel Hill Rd; right on Malone Rd; property is on left
  • Postal Code: 27215
  • Postal Code Plus 4: 6354
  • Latitude: 0.0
  • Longitude: 0.0
  • State Or Province: NC
Taxes and HOA Information
  • Parcel Number: 122213
  • Association: No
  • Tax Annual Amount: $1,777.00
  • Tax Assessed Value: 140556
  • Tax Legal Description: BL 1816 A/B Malone Rd Lt 1
  • Tax Year: 2020
Distance to
  • Distance To Bus Numeric: 0
  • Distance To Electric Numeric: 0
  • Distance To Freeway Numeric: 0
  • Distance To Gas Numeric: 0
  • Distance To Phone Service Numeric: 0
  • Distance To Placeof Worship Numeric: 0
  • Distance To School Bus Numeric: 0
  • Distance To Schools Numeric: 0
  • Distance To Sewer Numeric: 0
  • Distance To Shopping Numeric: 0
  • Distance To Street Numeric: 0
  • Distance To Water Numeric: 0

Property

Lot Information
  • Building Area Total: 2108.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Size Dimensions: 20647
  • Lot Size Units: Acres
  • Lot Size Square Feet: 20647.0
  • Living Area: 0.0
Property and Assessments
  • Year Built: 1992
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Pool Features: None
  • Construction Materials: Brick, VinylSiding
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: Carpet, Vinyl
  • Basement: No
  • Bathrooms Total: 0
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: Yes
  • Heating: Gas
  • Fireplaces Total: 0
  • Laundry Features: Washer/Dryer Connection
  • Appliances: Electric Water Heater
  • Fireplace: No

Multi Family

Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Property History for 1816 Malone Road

DateEvent & SourcePriceAppreciation
Jul 27, 2021

Sold

TRIAD #001686

$177,000—
Jul 27, 2021

Sold

AMLS #113537

$177,000—
Nov 7, 2020

Pending

TRIAD #001686

—
DateEvent & SourcePrice
07/27/2021

Sold

TRIAD #001686

$177,000
07/27/2021

Sold

AMLS #113537

$177,000
11/07/2020

Pending

TRIAD #001686

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1816 Malone Road

This home is within Alamance-Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Grove Park Elementary
PublicPK to 5

Broadview Middle
Public6 to 8

Graham High
Public9 to 12

Alamance Virtual School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1816 Malone Road, Burlington, NC 27215
$177,000
–
–
–
20,473
–
2
1
1,375
85,987
$320,000
3
–
14,374
–
3
1,385
18,557
$175,000
3
–
12,196
$240,000
3
1,453
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Central

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.