For sale

$375,000

1120 Drew St, Durham, NC 27701

4beds

1,512sqft

$2,473/mo

Get pre-qualified

Duplex

Built in 1971

-- sqft lot

$362,800 Zestimate^®

$248/sqft

$-- HOA

What's special

Modern finishesFunctional layouts

This beautifully renovated duplex presents a compelling investment opportunity in the heart of Durham, strategically positioned within a high-demand rental corridor. Each unit has been thoughtfully remodeled to deliver modern finishes, functional layouts, and turnkey convenience, making it exceptionally attractive to both tenants and investors alike. The property benefits from strong rental performance in the immediate area, with comparable units achieving approximately $1,500 per month per side, offering robust income potential and long-term upside. Additionally, all major appliances are included, further enhancing the asset's move-in readiness and reducing upfront costs for ownership. Whether you are seeking to expand your portfolio or secure a cash-flowing asset in a rapidly appreciating market, this duplex represents a highly efficient and scalable investment.

190 days
243
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Wall Furnace

Cooling

Window Unit(s), Wall Unit(s), Wall/Window Unit(s)

Features

Flooring: Luxury Vinyl

Interior area

Total structure area: 1,512
Total interior livable area: 1,512 sqft
Finished area above ground: 1,512
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Gravel
Uncovered spaces: 4

Features

Levels: One
Stories: 1

Lot

Size: 8,276 Square Feet

Details

Parcel number: 113260
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Brick Veneer
Foundation: Crawlspace
Roof: Shingle

Condition

New construction: No
Year built: 1971

Utilities & green energy

Sewer: Community Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Durham

Financial & listing details

Price per square foot: $248/sqft
Tax assessed value: $329,596
Annual tax amount: $3,267
Date on market: 4/2/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$362,800

$345,000 - $381,000

$1,542/mo

Price history

Date	Event	Price
10/7/2026	Price change	$1,300-6.8%$1/sqft
Source: Zillow Rentals Report a problem
9/8/2026	Price change	$1,395-6.7%$1/sqft
Source: Zillow Rentals Report a problem
7/9/2026	Price change	$1,495-0.3%$1/sqft
Source: Zillow Rentals Report a problem
7/8/2026	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
4/2/2026	Listed for sale	$375,000+7.1%$248/sqft
Source: Doorify MLS #10156905 Report a problem
1/26/2024	Sold	$350,000$231/sqft
Source: Doorify MLS #2543130 Report a problem
12/4/2023	Pending sale	$350,000$231/sqft
Source: Doorify MLS #2543130 Report a problem
11/27/2023	Listed for sale	$350,000+94.4%$231/sqft
Source: Doorify MLS #2543130 Report a problem
3/15/2021	Sold	$180,000+462.5%$119/sqft
Source: Public Record Report a problem
1/29/1998	Sold	$32,000$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,417 +6.5%	$101,585
2023	$1,331 +2.3%	$101,585
2022	$1,300 +0.5%	$101,585
2021	$1,294 +2.4%	$101,585
2020	$1,264	$101,585
2019	$1,264	$101,585 +41.8%
2018	$1,264	$71,661
2017	--	$71,661
2016	$932	$71,661 -5.7%
2015	$932 -11.4%	$76,000
2014	$1,052	$76,000
2013	--	$76,000
2012	--	$76,000
2011	$991 +0.4%	$76,000
2010	$986 +4%	$76,000
2009	$949	$76,000
2008	$949 -4.8%	$76,000 +7.7%
2007	$997 +1.4%	$70,586
2006	$983	$70,586
2005	$983 +1.4%	$70,586
2004	$969	$70,586