NOT LISTED FOR SALE

Estimated Value: $398,417

4 Beds
2 Baths
1,710 Sq Ft
$233/Sq Ft Est. Value

About This Home

Turnkey brick duplex in Durham's sought-after Lakewood Park neighborhood offering immediate cash flow. Both units are occupied, have separately-metered, tenant-paid utilities, and both deliverer quality finishes that attract and retain tenants. The front unit features hardwood floors, granite countertops, and stainless steel appliances, while the rear unit offers updated laminate flooring, granite-style countertops, and stainless appliances. Separate entrances, individual porches, in-unit laundry hookups, separate water heaters per unit, and off-street parking round out this well-maintained, low-maintenance asset. This duplex is currently generating $2,400/month ($28,800/year) in gross rent with both units occupied. Located just 6 minutes from downtown Durham, 4 minutes from Duke University, 16 minutes from RDU International Airport, and 18 minutes from Chapel Hill, this location is prime for growth and ensures consistent rental demand. This property is being offered as a package with 1208 Rosedale Avenue (MLS #10164082, listed at $414,000) for a combined asking price of $820,000. This is an uncommon opportunity to acquire two turnkey income-producing duplexes on the same street.

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Bought by
Current Estimated Value
$398,417

Purchase Details

Closed on
May 29, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Available
$500,000 None Available
$420,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $336,000
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
06/09/2026 06/09/26 For Sale $406,000 -- $237 / Sq Ft

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 $3,796 $382,935 $177,000 $205,935
2024 $2,269 $162,684 $64,900 $97,784
2023 $2,131 $162,684 $64,900 $97,784
2022 $2,082 $162,684 $64,900 $97,784
2021 $2,072 $162,684 $64,900 $97,784
2020 $2,024 $162,684 $64,900 $97,784
2019 $2,024 $162,684 $64,900 $97,784
2018 $1,050 $77,410 $17,670 $59,740
2017 $1,042 $77,410 $17,670 $59,740
2016 $1,007 $77,410 $17,670 $59,740
2015 $1,107 $80,000 $14,721 $65,279
2014 $1,107 $80,000 $14,721 $65,279
Source: Public Records

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