Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap Rate Located less than a mile from Duke University, this fully leased, turnkey quadplex offers walkable convenience in one of Durham's most in-demand rental corridors. Major renovations completed in 2022-2023 include new HVAC systems, plumbing upgrades, and interior/exterior enhancements. Lower units (1911 & 1913) feature updated kitchens with IKEA cabinetry, butcher block counters, new appliances, tiled baths, custom desks, and washer/dryer installs. Upper units (1915 & 1917) include walk-in showers, vinyl flooring, refinished hardwoods, and updated finishes. Strong in-place rents and a 5.5% cap rate make this an ideal low-maintenance investment.
Sold for $692,500
$692,500
1911 Morehead Ave, Durham, NC 27707
8beds
3,360sqft
Quadruplex, Multi Family
Built in 1961
-- sqft lot
$689,800 Zestimate®
$206/sqft
$2,169 Estimated rent
Home value
$689,800
Estimated sales range
Not available
$2,169/mo
Zestimate® history
Owner options
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$2,169/mo
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$2,169/mo
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$4,136/mo
Est. payment
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$4,136/mo
Est. payment
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List your homeWhat's special
Refinished hardwoodsCustom desksWalk-in showersUpdated finishesTiled bathsVinyl flooringNew hvac systems
Zillow last checked:
Listing updated:
Listed by:
Ed W Billings 919-423-6627,
Compass -- Chapel Hill - Durham,
Brooke Gelhaus 919-307-7590,
Compass -- Chapel Hill - Durham
Bought with:
Aisha Liu, 312038
Southern Properties Group Inc.
Source: Doorify MLS,MLS#: 10102040
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
- Finished area above ground: 3,360
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Off Street
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Has view: Yes
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 0821165060
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick Veneer
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1961
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: $206/sqft
- Annual tax amount: $6,417
- Date on market: 6/10/2025
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $692,500$206/sqft |
Source:  Doorify MLS #10102040 Report a problem | ||
| 8/18/2025 | Pending sale | $692,500$206/sqft |
Source: Doorify MLS #10102040 Report a problem | ||
| 8/5/2025 | Price change | $692,500-7.5%$206/sqft |
Source: Doorify MLS #10102040 Report a problem | ||
| 6/10/2025 | Listed for sale | $749,000+5.6%$223/sqft |
Source: Doorify MLS #10102040 Report a problem | ||
| 6/2/2022 | Sold | $709,000+13.4%$211/sqft |
Source: Doorify MLS #2444540 Report a problem | ||
| 5/30/2022 | Pending sale | $625,000$186/sqft |
Source: Doorify MLS #2444540 Report a problem | ||
| 4/30/2022 | Contingent | $625,000$186/sqft |
Source: Doorify MLS #2444540 Report a problem | ||
| 4/25/2022 | Listed for sale | $625,000+17.9%$186/sqft |
Source: Doorify MLS #2444540 Report a problem | ||
| 8/21/2020 | Sold | $530,000-0.9%$158/sqft |
Source: Doorify MLS #2313696 Report a problem | ||
| 7/17/2020 | Pending sale | $535,000$159/sqft |
Source: Mynd Management #2313696 Report a problem | ||
| 6/1/2020 | Price change | $535,000-2.6%$159/sqft |
Source: Mynd Management #2313696 Report a problem | ||
| 4/24/2020 | Listed for sale | $549,000+14.4%$163/sqft |
Source: Mynd Management #2313696 Report a problem | ||
| 5/23/2018 | Sold | $480,000-3.8%$143/sqft |
Source: Agent Provided Report a problem | ||
| 4/10/2018 | Pending sale | $499,000$149/sqft |
Source: Deaton Investment Real Estate #2182678 Report a problem | ||
| 4/4/2018 | Listed for sale | $499,000-63%$149/sqft |
Source: Deaton Investment Real Estate #2182678 Report a problem | ||
| 2/28/2017 | Listing removed | $1,350,000$402/sqft |
Source: Deaton Investment Real Estate #2101433 Report a problem | ||
| 12/23/2016 | Pending sale | $1,350,000$402/sqft |
Source: Deaton Investment Real Estate #2101433 Report a problem | ||
| 12/21/2016 | Listed for sale | $1,350,000$402/sqft |
Source: Deaton Investment Real Estate #2101433 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lakewood Park
Nearby homes
- $--2 bd1 ba900 sqft1911 Morehead Ave #1911, Durham, NC 27707Off Market
- $207,8002 bd1 ba840 sqft1911 Morehead Ave #1915, Durham, NC 27707Off Market
- $--2 bd1 ba820 sqft1917 Morehead Ave #1917, Durham, NC 27707Off Market
- $207,8002 bd1 ba840 sqft1913 Morehead Ave #A, Durham, NC 27707Off Market
- $--2 bd1 ba840 sqft1913 Morehead Ave #1913, Durham, NC 27707Off Market
- $--2 bd1 ba840 sqft1915 Morehead Ave #1915, Durham, NC 27707Off Market
- $343,4002 bd1 ba850 sqft1915 Morehead Ave, Durham, NC 27707Off Market
- $341,3002 bd1 ba840 sqft1923 Morehead Ave, Durham, NC 27707Off Market
Nearby schools
GreatSchools rating
- 3/10Lakewood ElementaryGrades: PK-5Distance: 0.8 mi
- 10/10Lakewood Montessori Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Charles E Jordan Sr High SchoolGrades: 9-12Distance: 5.1 mi
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Estimated market value
$689,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$689,800
- North Carolina
- Durham County
- Durham
- 27707
- Lakewood Park
- 1911 Morehead Ave
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