This renovated quadruplex is located just south of Downtown Durham and a couple blocks north of N.C. Central University. The building underwent extensive renovations in 2017 which included interior renovations to all four units, roofing, structural repairs, updated plumbing, updated electrical, and updated HVAC systems. Every unit features attractive, one-bedroom and one-bath floorplans with quartz counters, LVP flooring, and washer dryers included. The property is 100% occupied with an average, in-place rent of $1,036 per month and market rents of $1,100. The building has been professionally managed for years and offers buyers a turnkey opportunity with rental upside.
Sold for $550,000
$550,000
1614 Fayetteville St, Durham, NC 27707
4beds
2,993sqft
Quadruplex, Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$184/sqft
$2,991 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,991/mo
Zestimate® history
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$3,355/mo
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Quartz countersLvp flooring
Zillow last checked:
Listing updated:
Listed by:
Reef Challance Ivey IV 919-995-3111,
Deaton Investment Real Estate,
Thomas Furlow 919-412-3913,
Deaton Investment Real Estate
Bought with:
Avery Heilbron, 348772
Better Realty LLC
Source: Doorify MLS,MLS#: 10057711
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Vinyl, Tile
Interior area
- Total structure area: 2,993
- Total interior livable area: 2,993 sqft
- Finished area above ground: 2,993
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Parking Lot
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Has view: Yes
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 0821903953
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Arts & Crafts
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
Location
- Region: Durham
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $481,337
- Annual tax amount: $4,150
- Date on market: 10/11/2024
- Lease term: Other
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $550,000-4.3%$184/sqft |
Source:  Doorify MLS #10057711 Report a problem | ||
| 10/22/2024 | Pending sale | $575,000$192/sqft |
Source: Doorify MLS #10057711 Report a problem | ||
| 10/11/2024 | Listed for sale | $575,000-11.8%$192/sqft |
Source: Doorify MLS #10057711 Report a problem | ||
| 8/27/2024 | Listing removed | -- |
Source: Doorify MLS #10033074 Report a problem | ||
| 7/6/2024 | Pending sale | $651,800$218/sqft |
Source: Doorify MLS #10033074 Report a problem | ||
| 6/3/2024 | Listed for sale | $651,800+108.2%$218/sqft |
Source: Doorify MLS #10033074 Report a problem | ||
| 4/20/2018 | Sold | $313,000+268.2%$105/sqft |
Source: Doorify MLS #2180459 Report a problem | ||
| 8/9/2013 | Sold | $85,000+269.6%$28/sqft |
Source: Public Record Report a problem | ||
| 4/19/2013 | Sold | $23,000-41%$8/sqft |
Source: Public Record Report a problem | ||
| 2/17/2011 | Sold | $39,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,771 +5.5% | $481,337 +48.4% |
| 2024 | $4,524 +6.5% | $324,310 |
| 2023 | $4,248 +2.3% | $324,310 |
| 2022 | $4,151 +0.5% | $324,310 |
| 2021 | $4,131 +2.4% | $324,310 |
| 2020 | $4,034 | $324,310 |
| 2019 | $4,034 | $324,310 +95.9% |
| 2018 | $4,034 | $165,540 |
| 2017 | -- | $165,540 |
| 2016 | $2,154 | $165,540 +28.2% |
| 2015 | $2,154 +20.5% | $129,114 |
| 2014 | $1,787 | $129,114 |
| 2013 | -- | $129,114 |
| 2012 | -- | $129,114 |
| 2011 | $1,683 +0.4% | $129,114 |
| 2010 | $1,676 +4% | $129,114 |
| 2009 | $1,611 | $129,114 |
| 2008 | $1,611 -2.3% | $129,114 +10.5% |
| 2007 | $1,649 +1.4% | $116,794 |
| 2006 | $1,626 | $116,794 |
| 2005 | $1,626 +1.4% | $116,794 |
| 2004 | $1,604 | $116,794 |
Find assessor info on the county website
Neighborhood: Southside / St. Teresa
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10C. C. Spaulding ElementaryGrades: PK-5Distance: 0.3 mi
- 8/10Sherwood Githens MiddleGrades: 6-8Distance: 2.6 mi
- 4/10Charles E Jordan Sr High SchoolGrades: 9-12Distance: 5.1 mi
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- North Carolina
- Durham County
- Durham
- 27707
- Southside / St. Teresa
- 1614 Fayetteville St
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