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Pending
  • $237,500

    1105 Morehead Ave, Durham, NC 27707

    4beds
    1,600sqft
    : 
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    Duplex, Multi Family
    Built in 1975
    -- sqft lot
    $229,800 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''
    29 days
    |
    752
    |
    72
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Furlow 919-412-3913,

    Deaton Investment Real Estate

    Source: Doorify MLS,MLS#: 10174164MLS Logo

      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

        $229,800

        $218,000 - $241,000

        $1,870/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lyon Park

        Getting around

        60 / 100
        Somewhat Walkable
        61 / 100
        Good Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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