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Duke Forest Condo for Sale

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    $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

Why Live in Duke Forest

Duke Forest, located just east of Duke University’s main campus in Durham, is a neighborhood rich in history and natural beauty. Established in the 1940s to accommodate university professors, it now offers a variety of home styles, including sprawling ranch-style homes, contemporary cabins, townhouses, and Colonial Revival-style homes. The area is known for its large, wooded lots, some up to 1 acre. The neighborhood is served by Durham County Public Schools, with highly rated Forest View Elementary and Jordan High among the options. Duke Forest boasts several attractions, such as the 3-mile Al Buelhler Trail and the Duke Lemur Center, which houses the most diverse lemur population outside of Madagascar. Residents can also enjoy the Duke Golf Club and the Sarah P. Duke Gardens. Shopping and dining are convenient, with South Square shopping plaza nearby and downtown Durham just 10 minutes away, offering a variety of restaurants and cultural venues like The Carolina Theatre and the Durham Performing Arts Center. The neighborhood is well-connected, with several GoDurham Transit bus stops and easy access to major highways. The area remains a central and convenient location for residents.

Home Trends in Duke Forest, NC

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$359,900
Median Townhouse Sale Price
$488,500
Median 2 Bedroom Sale Price
$815,000
Average Price Per Sq Ft
$237
Number of Homes for Sale
4
Last 12 months Home Sales
126
Months of Supply
0.40
Median List Price
$420,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
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