$749,900

Estimated payment $4,500/month

8 Beds
4 Baths
3,360 Sq Ft
$223 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Window Unit Cooling System
  • Lakewood Montessori Middle School Rated A-
  • Fenced Yard
  • Luxury Vinyl Tile Flooring

About This Home

Incredible investment opportunity in the heart of Durham! This all-brick quad is fully occupied and offers four 2-bedroom, 1-bath units -- each featuring spacious living rooms, eat-in kitchens, and durable, low-maintenance LVP flooring. All appliances convey, including washers and dryers, making this a true turnkey property. Tenants enjoy generous outdoor living with covered porches and a large, fully fenced front yard -- perfect for pets or recreation. Off-street parking in the rear provides convenient access. Located just minutes from downtown Durham, Duke University, and Duke University Hospital. Only steps from Lakewood Shopping Center with popular dining and retail options nearby. A short drive or bike ride brings you to Durham Bulls games at the Durham Bulls Athletic Park and the vibrant American Tobacco Campus. With strong rental demand, unbeatable proximity to major employers and entertainment, and a highly desirable location for tenants, this property is a fantastic addition to any real estate portfolio.

Listing Agent

Peyton Irby

Irby Stinson Realty License #234609 Listed on: 02/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,274

Year Built

  • Built in 1961

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Fenced Front Yard
  • Vinyl Fence
  • Wood Fence

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • On-Street Parking
  • On-Site Parking
  • 4 Open Parking Spaces
  • Off-Street Parking

Schools

  • Lakewood Elementary School
  • Lakewood Montessori Middle School
  • Jordan High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 108325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,274

Year Built

Built in 1961

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1961
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3360.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Contemporary: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 3360.0
  • Fencing Wood2: Yes
  • Disclosures Lead Based Paint: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 4.0
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.21
  • Fencing Front Yard: Yes
  • General Property Information:Living Area3: 3360.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:WasherDryer: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard
  • Fencing: Front Yard, Wood
  • Acres: 0.21
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Off Street, On Site, On Street
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Lakewood Montessori

Lot Info

  • Zoning: RM-16
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 108325

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Taxes

Tax Info

  • Tax Annual Amount: 7274.28
  • Tax Year: 225
  • Tax Map Number: 09

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Durham - Lakewood

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 For Sale $749,900 -- $223 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10147409

Doorify MLS
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