We report the discovery of two binary M dwarf systems in the immediate solar neighborhood using 2MASS. The first is an M6.5 companion to the nearby G star HD 86728 (Gl 376). The known properties of HD 86728 indicate that the M dwarf (Gl 376B) is old, metal-rich and only 14.9 parsecs away. The M dwarf is highly active with both H alpha and X-ray emission. Thus, Gl 376B offers the opportunity to study an old, bright, active M dwarf with known metallicity, age, and luminosity. We show that it is probable that Gl 376B is itself an unresolved pair. The other system consists of an M6.5 and an M8 dwarf with 14.5 arcseconds separation. We estimate a distance of 16 parsecs for this very low mass pair. Stronger activity is observed in the M6.5 dwarf, supporting evidence that chromospheric activity is weakening near the hydrogen burning limit.
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