$340,000
$20K PRICE DROP

Estimated payment $2,112/month

Total Views 3,619
2 Beds
2 Baths
1,008 Sq Ft
$337 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Baseboard Heating
  • Window Unit Cooling System
  • Luxury Vinyl Tile Flooring
  • Wood Siding

About This Home

Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C. The property features one-bedroom units and offers an attractive opportunity for investors seeking both in-place income and value-add potential. One unit has been recently updated and is leased for $1,000 per month (lease expiration Aug-26). The second unit is vacant, providing an opportunity for immediate upside through lease-up to market rents and value-add renovations. The vacancy also presents an excellent opportunity for an owner-occupant seeking to live in one unit while generating income from the other. Located in Durham's desirable Old West Durham neighborhood, the property is positioned within an area that has experienced significant revitalization through new infill development and high-end residential renovations. The neighborhood's proximity to Downtown Durham, Duke University, and major employment centers continues to drive strong rental demand and long-term investment growth, making 1008 Alabama Avenue a compelling opportunity in one of the Triangle's most sought-after neighborhoods.

Listing Agent

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 05/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • 1 Open Parking Space

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 103784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,430

Year Built

Built in 1930

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1008.0
  • Unit Levels: One
  • New Construction: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTY2MTU2IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTI0VDE5OjQzOjU5LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.vVPvmwnp7WKEHUQsMJ-5zTpytwcWXt-f8PvmdlukPy4/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.12
  • Construction Type: Wood Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 103784

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Water

Tax Info

  • Tax Annual Amount: 3429.52
  • Tax Year: 2025
  • Tax Map Number: 02

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,430 $345,962 $220,500 $125,462
2024 $1,571 $112,647 $83,775 $28,872
2023 $1,476 $112,647 $83,775 $28,872
2022 $1,442 $112,647 $83,775 $28,872
2021 $1,435 $112,647 $83,775 $28,872
2020 $1,401 $112,647 $83,775 $28,872
2019 $2,237 $179,868 $111,700 $68,168
2018 $1,545 $113,861 $50,265 $63,596
2017 $1,533 $113,861 $50,265 $63,596
2016 $1,481 $124,325 $50,265 $74,060
2015 $831 $60,000 $22,825 $37,175
2014 $831 $60,000 $22,825 $37,175
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 Price Changed $340,000 -5.6% $337 / Sq Ft
05/09/2026 05/09/26 For Sale $360,000 -- $357 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10166156

Doorify MLS

APN: 103784

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