$237,500
PENDING

Estimated payment $1,570/month

Total Views 1,555
4 Beds
2 Baths
1,600 Sq Ft
$148 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Luxury Vinyl Tile Flooring
  • Lakewood Montessori Middle School Rated A-
  • 1-Story Property
  • Baseboard Heating

About This Home

This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''

Listing Agent

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 06/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 1975

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 2 Open Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 114946

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,311

Year Built

Built in 1975

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Year Built: 1975
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1600.0
  • Unit Levels: One
  • New Construction: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTc0MTY0IiwiU3RhbmRhcmRTdGF0dXMiOiJQZW5kaW5nIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNy0xOFQwMjozNzo1OS4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNTg3MSIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.xpzPCCieT-nU-EHjar0o1PHw6PToQm0ZnDnkIpfFCqE/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle, See Remarks
  • Acres: 0.16
  • Construction Type: Other, Engineered Wood
  • Foundation Details: Crawlspace

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 114946

Rental Info

  • Tenant Pays: Electricity, Water
  • Lease Term: Month To Month
  • Owner Pays: See Remarks

Tax Info

  • Tax Annual Amount: 3310.8
  • Tax Year: 2025
  • Tax Map Number: 68

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Number of Month to Month Units: 1
  • Number Of Units Vacant: 1

Map

Range of Values:

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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 $3,311 $333,986 $174,000 $159,986
2024 $1,797 $128,804 $64,020 $64,784
2023 $1,687 $128,804 $64,020 $64,784
2022 $1,649 $128,804 $64,020 $64,784
2021 $1,641 $128,804 $64,020 $64,784
2020 $1,602 $128,804 $64,020 $64,784
2019 $1,872 $150,470 $64,020 $86,450
2018 $1,742 $128,421 $43,650 $84,771
2017 $1,729 $128,421 $43,650 $84,771
2016 $1,671 $128,421 $43,650 $84,771
2015 $1,009 $72,857 $14,810 $58,047
2014 $1,009 $72,857 $14,810 $58,047
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
06/29/2026 06/29/26 Pending -- -- --
06/15/2026 06/15/26 For Sale $237,500 -- $148 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10174164

Doorify MLS

APN: 114946

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