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Durham,NC 27707
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $286
Subdivision Lyon Park
MLS Listing ID 10116262
Style Duplex
Bedrooms 4
Full Baths 2
Year Built 1973
Annual Tax Amount $3,889
Lot Size 5,227 Sqft
Property Sub-Type Duplex
Property Description
Seize this exceptional investment opportunity with a fully renovated, ranch style brick duplex in the heart of Durham! Updated in 2023, both units boast fresh, modern upgrades, including the roof, two HVAC systems, stylish cabinetry, granite countertops, luxury vinyl plank flooring, and stainless-steel appliances. Each 750-SF unit offers 2 bedrooms, 1 full bath, and convenient in-unit laundry hookups—ideal for today's rental market. With no HOA and projected market rents of $1,200+ per month per unit, this property is poised to generate strong income from day one. Perfectly situated less than 2 miles from Duke University, Downtown Durham, the 9th Street and Brightleaf Square social districts, the location provides unbeatable access to top employers, shopping, dining, and entertainment that make the Bull City thrive. Whether you're expanding your portfolio, making your first investment, or house hacking by living in one unit while renting out the other to offset your expenses, this turnkey duplex is a rare find with endless possibilities.
Location
State NC
County Durham
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Durham - Morehead
Middle Schools Durham - Lakewood Montessori
High Schools Durham - Jordan
Others
Special Listing Condition Standard