Fully rented triplex w/ amazing proximity to Downtown Durham! Property professionally managed w/ total rent equaling $2,900.00 and everything already in place for a truly 'Hands-Off Investment' w/ instant cash flow. Property layout provides plenty of flexibility, either for personal use or investment purposes. Perfectly situated ''corner lot'' offers expansive driveway, off street parking, & possible room for expansion. Close proximity to bus-line & American Tobacco Trail for easy access to everything Durham has to offer! Tour the property right now w/ the interactive 3D Virtual Tour!
Sold for $385,000
$385,000
2301 Otis St, Durham, NC 27707
5beds
1,967sqft
Triplex, Multi Family
Built in 1948
-- sqft lot
$383,300 Zestimate®
$196/sqft
$1,533 Estimated rent
Home value
$383,300
$353,000 - $414,000
$1,533/mo
Zestimate® history
Owner options
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$1,533/mo
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$1,533/mo
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$2,311/mo
Est. payment
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$2,311/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Robert Hunt 919-699-3210,
Keller Williams Elite Realty
Bought with:
Barbara Taylor, 353868
Real Broker, LLC - Carolina Collective Realty
Source: Doorify MLS,MLS#: 10054547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit
Cooling
- Multi Units, Varies by Unit
Appliances
- Laundry: See Remarks
Features
- See Remarks
- Flooring: Linoleum, Wood
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,967
- Total interior livable area: 1,967 sqft
- Finished area above ground: 1,967
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Rear Porch
- Fencing: None
- Has view: Yes
Lot
- Size: 8,276 sqft
- Features: City Lot, Corner Lot, Level
Details
- Additional structures: None
- Parcel number: 116110
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Triplex, Multi Family
Materials
- See Remarks
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Durham
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $385,000-3.5%$196/sqft |
Source:  Doorify MLS #10054547 Report a problem | ||
| 11/4/2024 | Pending sale | $399,000$203/sqft |
Source: Doorify MLS #10054547 Report a problem | ||
| 10/10/2024 | Price change | $399,000-11.3%$203/sqft |
Source: Doorify MLS #10054547 Report a problem | ||
| 9/25/2024 | Listed for sale | $450,000+107.4%$229/sqft |
Source: Doorify MLS #10054547 Report a problem | ||
| 7/15/2021 | Sold | $217,000-5.7%$110/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 6/12/2021 | Pending sale | $230,000$117/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 6/4/2021 | Price change | $230,000-2.1%$117/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 5/28/2021 | Price change | $234,900-2.1%$119/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 5/8/2021 | Price change | $239,900-4%$122/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 4/24/2021 | Price change | $249,900-3.8%$127/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 2/26/2021 | Price change | $259,900-5.1%$132/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 2/8/2021 | Price change | $273,900-2.1%$139/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
| 1/29/2021 | Listed for sale | $279,900$142/sqft |
Source: Doorify MLS #2364064 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,882 +75.7% | $391,567 +147.2% |
| 2024 | $2,209 +6.5% | $158,378 |
| 2023 | $2,075 +2.3% | $158,378 |
| 2022 | $2,027 +0.5% | $158,378 |
| 2021 | $2,018 +2.4% | $158,378 |
| 2020 | $1,970 | $158,378 -4.1% |
| 2019 | -- | $165,154 +58.4% |
| 2018 | $1,414 +0.7% | $104,253 |
| 2017 | $1,404 +3.5% | $104,253 |
| 2016 | $1,356 | $104,253 +5% |
| 2015 | $1,356 -1.3% | $99,296 |
| 2014 | $1,375 | $99,296 |
| 2013 | -- | $99,296 |
| 2012 | -- | $99,296 |
| 2011 | $1,294 +0.4% | $99,296 |
| 2010 | $1,289 +4% | $99,296 |
| 2009 | $1,239 | $99,296 |
| 2008 | $1,239 +14.9% | $99,296 +29.9% |
| 2007 | $1,079 +1.4% | $76,417 |
| 2006 | $1,064 | $76,417 |
| 2005 | $1,064 +1.4% | $76,417 |
| 2004 | $1,049 | $76,417 |
Find assessor info on the county website
Neighborhood: Southside / St. Teresa
Nearby schools
GreatSchools rating
- 7/10C. C. Spaulding ElementaryGrades: PK-5Distance: 0.5 mi
- 8/10Sherwood Githens MiddleGrades: 6-8Distance: 2.2 mi
- 4/10Charles E Jordan Sr High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Durham - Spaulding
- Middle: Durham - Shepard
- High: Durham - J D Clement Early College
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
$383,300
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Estimated market value
$383,300
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