Investor opportunity in East Durham! This quadraplex offers immediate income with three of four units currently rented along with value-add potential for investors looking to improve and reposition the property over time. The property presents an opportunity to increase returns through thoughtful updates and improved management. With one vacant unit, buyers have the ability to begin improvements immediately while maintaining income from the existing tenants. Conveniently located with access to downtown Durham, major highways, shopping, and local amenities, this property offers solid potential for investors seeking to expand their rental portfolio in a growing market.
Sold for $337,000
$337,000
1512 N Hyde Park Ave, Durham, NC 27701
8beds
2,500sqft
Quadruplex, Multi Family
Built in 1952
-- sqft lot
$338,000 Zestimate®
$135/sqft
$1,278 Estimated rent
Home value
$338,000
$321,000 - $358,000
$1,278/mo
Zestimate® history
Owner options
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$1,278/mo
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$1,278/mo
Rent Zestimate®
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$2,041/mo
Est. payment
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$2,041/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brandon Dale Carlton 984-302-0570,
Apple Realty
Bought with:
Liz Lau, 307318
L2 PLUS PROPERTIES LLC
Source: Doorify MLS,MLS#: 10150310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Oven, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bathtub/Shower Combination, Living/Dining Room Combination
- Flooring: Carpet, Ceramic Tile, Vinyl
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Driveway
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.32 Acres
- Features: Back Yard
Details
- Parcel number: 113204
- Zoning: RM-12
- Special conditions: HUD Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Fiberglass, Shingle
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Morgan Park
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Price per square foot: $135/sqft
- Annual tax amount: $3,958
- Date on market: 3/5/2026
- Lease term: Other
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $337,000-3.4%$135/sqft |
Source:  Doorify MLS #10150310 Report a problem | ||
| 3/15/2026 | Pending sale | $349,000$140/sqft |
Source: Doorify MLS #10150310 Report a problem | ||
| 3/12/2026 | Price change | $349,000-5.4%$140/sqft |
Source: Doorify MLS #10150310 Report a problem | ||
| 3/5/2026 | Listed for sale | $369,000$148/sqft |
Source: Doorify MLS #10150310 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 27701
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Nearby schools
GreatSchools rating
- 3/10Eastway ElementaryGrades: PK-5Distance: 0.7 mi
- 5/10Brogden MiddleGrades: 6-8Distance: 2.2 mi
- 3/10Riverside High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Durham - Burton
- Middle: Durham - Rogers-Herr
- High: Durham - Riverside
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$338,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$338,000
- North Carolina
- Durham County
- Durham
- 27701
- 1512 N Hyde Park Ave
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