Duke Forest Home for Sale with Acreage

/10
$1,990,000
- 22 Beds
- 13 Baths
- 9,148 Sq Ft
2209 Morehead Ave, Durham, NC 27707

Investor Opportunity - Renovated MF Near Duke | 5.5% Cap | Stable Rents + UpsideCharming, fully leased multifamily asset less than 1 mile from Duke University, offering strong in-place cash flow and a 5.6% cap rate. Unit mix includes rare 3BR/2BA and 2BR/2BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades, drainage

Ed Billings Compass -- Chapel Hill - Durham

2209 Morehead Ave, Durham, NC 27707
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Home Trends in Duke Forest, NC

On average, homes in Duke Forest, Durham sell after 19 days on the market compared to the national average of 53 days. The median sale price for homes in Duke Forest, Durham over the last 12 months is $750,000, up 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$750,000

Median Single Family Sale Price

$750,000

Median Townhouse Sale Price

$340,000

Average Price Per Sq Ft

$298

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.50

Median List Price

$750,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

11%

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