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''
Sold for $237,500
Zillow last checked:
Listing updated:
Bought with:
Leigh Ann Rasberry, 328267
Rasberry Realty LLC
Source: Doorify MLS,MLS#: 10174164
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Sold | $237,500$148/sqft |
Source:  Doorify MLS #10174164 Report a problem | ||
| 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 | ||
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Estimated market value
$237,500
