1512 N Hyde Park Ave Durham, NC 27701
East Durham NeighborhoodEstimated payment $2,209/month
Highlights
- Partially Wooded Lot
- Window Unit Cooling System
- Ceramic Tile Flooring
- No HOA
- Bathtub with Shower
- Combination Dining and Living Room
About This Home
Investor opportunity in East Durham! This quadraplex offers immediate income with three of four units currently rented along with value-add potential for investors looking to improve and reposition the property over time. The property presents an opportunity to increase returns through thoughtful updates and improved management. With one vacant unit, buyers have the ability to begin improvements immediately while maintaining income from the existing tenants. Conveniently located with access to downtown Durham, major highways, shopping, and local amenities, this property offers solid potential for investors seeking to expand their rental portfolio in a growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,958
Year Built
- Built in 1952
Lot Details
- 13,939 Sq Ft Lot
- Two or More Common Walls
- Partially Wooded Lot
Home Design
- Slab Foundation
- Shingle Roof
- Fiberglass Roof
Interior Spaces
- 2,500 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Kitchen
- Oven
- Electric Range
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- Driveway
- Additional Parking
- 4 Open Parking Spaces
Schools
- Burton Elementary School
- Rogers-Herr Middle School
- Riverside High School
Utilities
- Window Unit Cooling System
- Wall Furnace
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- 4 Buildings
- Morgan Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 113204
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,958 | $399,290 | $140,000 | $259,290 |
| 2024 | $2,019 | $144,748 | $30,000 | $114,748 |
| 2023 | $1,896 | $144,748 | $30,000 | $114,748 |
| 2022 | $1,853 | $144,748 | $30,000 | $114,748 |
| 2021 | $1,844 | $144,748 | $30,000 | $114,748 |
| 2020 | $1,801 | $144,748 | $30,000 | $114,748 |
| 2019 | $1,801 | $144,748 | $30,000 | $114,748 |
| 2018 | $1,639 | $120,832 | $55,408 | $65,424 |
| 2017 | $1,627 | $120,832 | $55,408 | $65,424 |
| 2016 | $1,572 | $120,832 | $55,408 | $65,424 |
| 2015 | $1,024 | $73,991 | $16,690 | $57,301 |
| 2014 | $1,024 | $73,991 | $16,690 | $57,301 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 03/12/2026 03/12/26 | Price Changed | $349,000 | -5.4% | $140 / Sq Ft |
| 03/05/2026 03/05/26 | For Sale | $369,000 | -- | $148 / Sq Ft |
Source: Doorify MLS
MLS Number: 10150310
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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