$300,000
SOLD FEB 24, 2025
2 Beds
2 Baths
1,400 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

14 Days on Market

Highlights

  • A-Frame Home
  • 1-Story Property
  • Central Heating and Cooling System
  • Accessible Approach with Ramp
  • Luxury Vinyl Tile Flooring

About This Home

As of February 2025

Welcome to 204 Nelson Street, a charming duplex in Durham, NC, offering a prime investor opportunity. This 1,400 square foot Duplex features 1 bedroom and one bath on each unit.

The property has a new roof installed in 2023, ensuring durability and reducing future maintenance concerns. Its location is ideal, being close to North Carolina Central University and downtown Durham, offering easy access to the city's vibrant cultural and entertainment
options.
Sols ''AS IS''

Whether you're an investor looking to expand your portfolio or seeking a home with great potential, to make some extra income. Don't miss your chance to explore the possibilities this property offers. Schedule a viewing today!

Last Agent to Sell the Property

Andrea Ortiz

Compass -- Chapel Hill - Durham License #274633 Listed on: 01/22/2025

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Eila Voloshen

Inhabit Real Estate License #285803

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1948

Home Design

  • A-Frame Home
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Site Parking
  • 2 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Accessible Approach with Ramp
  • 4,792 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 116054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,857

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1400.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Welcome to 204 Nelson Street, a charming duplex in Durham, NC, offering a prime investor opportunity. This 1,400 square foot Duplex features 1 bedroom and one bath on each unit. The property has a new roof installed in 2023, ensuring durability and reducing future maintenance concerns. Its location is ideal, being close to North Carolina Central University and downtown Durham, offering easy access to the city's vibrant cultural and entertainment options. Whether you're an investor looking to expand your portfolio or seeking a home with great potential, to make some extra income. Don't miss your chance to explore the possibilities this property offers. Schedule a viewing today!
  • Foundation Details BrickMortar: Yes
  • Utilities Water Available: Yes
  • Architectural Style A-Frame: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1400.0
  • Utilities Electricity Connected: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • Owner Pays:All Utilities: Yes
  • General Property Information:Living Area3: 1400.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Basement: Crawl Space
  • Spa Features: None
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: On Site
  • Parking Features:On Site: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Water Available
  • Heating: Central
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 116054
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 1857.0
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Mar 6, 2025
Sold by
Ortiz Andrea and Guerrero Jorge
Bought by
Harmatz Maryana and Harmatz Isca
Seller's Agent
Andrea Ortiz
Compass -- Chapel Hill - Durham
Buyer's Agent
Eila Voloshen
Inhabit Real Estate
List Price
$300,000
Sold Price
$300,000
Views
75
Current Estimated Value
$295,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,730
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
Jul 19, 2019
Sold by
Oaat Llc
Bought by
Ortiz Andrea and Guerrero Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2019
Sold by
Iq Real Estate Investing Llc
Bought by
Oaat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2018
Sold by
Johnson Larry E
Bought by
Iq Real Estate Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 None Listed On Document
Warranty Deed $300,000 None Listed On Document
Warranty Deed $155,000 None Available
Warranty Deed $140,000 None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Commercial
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $120,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $300,000 0.0% $214 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $300,000 -- $214 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $2,469 $249,081 $97,125 $151,956
2024 $1,358 $133,180 $27,850 $105,330
2023 $1,745 $133,180 $27,850 $105,330
2022 $1,705 $133,180 $27,850 $105,330
2021 $1,697 $133,180 $27,850 $105,330
2020 $1,657 $133,180 $27,850 $105,330
2019 $1,657 $133,180 $27,850 $105,330
2018 $996 $73,438 $16,710 $56,728
2017 $989 $73,438 $16,710 $56,728
2016 $956 $73,438 $16,710 $56,728
2015 $1,185 $85,571 $14,280 $71,291
2014 $1,185 $85,571 $14,280 $71,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10072133

Doorify MLS

APN: 116054