Pending

$237,500

1105 Morehead Ave, Durham, NC 27707

4beds

1,600sqft

$1,486/mo

Get pre-qualified

Duplex, Multi Family

Built in 1975

-- sqft lot

$228,300 Zestimate^®

$148/sqft

$-- HOA

What's special

This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''

75 days
53
2

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard

Cooling

Wall Unit(s)

Appliances

Laundry: Washer Hookup

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft
Finished area above ground: 1,600
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Driveway
Uncovered spaces: 2

Features

Levels: One
Stories: 1
Has view: Yes

Lot

Size: 6,969 Square Feet

Details

Parcel number: 114946
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Engineered Wood, Other
Roof: Shingle, See Remarks

Condition

New construction: No
Year built: 1975

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Durham

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $333,986
Annual tax amount: $3,310
Date on market: 6/15/2026
Lease term: Month To Month

Estimated market value

$228,300

$215,000 - $240,000

$2,053/mo

Price history

Date	Event	Price
6/29/2026	Pending sale	$237,500$148/sqft
Source: Doorify MLS #10174164 Report a problem
6/15/2026	Listed for sale	$237,500$148/sqft
Source: Doorify MLS #10174164 Report a problem
10/31/2018	Listing removed	$600
Source: Zillow Rental Manager Report a problem
10/4/2018	Listed for rent	$600
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,311 +84.3%	$333,986 +159.3%
2024	$1,797 +6.5%	$128,804
2023	$1,687 +2.3%	$128,804
2022	$1,649 +0.5%	$128,804
2021	$1,641 +2.4%	$128,804
2020	$1,602	$128,804 -14.4%
2019	--	$150,470 +17.2%
2018	$1,742 +0.7%	$128,421
2017	$1,729 +3.5%	$128,421
2016	$1,671	$128,421 +76.3%
2015	$1,671 +65.7%	$72,857
2014	$1,009	$72,857
2013	--	$72,857
2012	--	$72,857
2011	$950 +0.4%	$72,857
2010	$946 +4%	$72,857
2009	$909	$72,857
2008	$909 -5.6%	$72,857 +6.8%
2007	$963 +1.4%	$68,218
2006	$950	$68,218
2005	$950 +1.4%	$68,218
2004	$937	$68,218