$670,000

Estimated payment $3,841/month

Total Views 5,977
8 Beds
4 Baths
3,752 Sq Ft
$179 Price per Sq Ft

Highlights

  • A-Frame Home
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Lakewood Montessori Middle School Rated A-

About This Home

Fully rented brick quadplex, featuring four spacious 2-bedroom, 1-bathroom units, 3 of them with a lease and 3 units. Each designed for comfortable living with ample natural light and functional layouts. Well-maintained property with charming brick exterior, ensuring durability and minimal maintenance. This property offers a prime location with close proximity to Duke University and downtown Durham. 3 units are currently rented, providing immediate rental income for the new owner. Prime location and steady rental demand make this property a solid investment with excellent growth potential.Whether you're a seasoned investor or looking to enter the rental market, this quadplex offers a fantastic opportunity. Don't miss out on owning a piece of prime real estate in one of Durham's most sought-after areas! Roof was replaced in 2022. Sold As-Is. No repairs.

Listing Agent

Lilian Zeitouni

Guru Realty Inc. License #289287 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 1969 | Remodeled

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2-Story Property
  • Basement
  • Apartment Living Space in Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Common or Shared Parking
  • 4 Open Parking Spaces

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • 4 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 0821-04-9974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,610

Year Built

Built in 1969 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1969
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1876.0
  • Garage Yn: No
  • Unit Levels: Bi-Level, Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Flooring Laminate: Yes
  • Foundation Details BrickMortar: Yes
  • Water Source Community Water: Yes
  • Architectural Style A-Frame: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1876.0
  • General Property Information Below Grade Finished Area: 1876.0
  • Property Condition UpdatedRemodeled: Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • General Property Information Lot Size Square Feet2: 13939.0
  • Levels Bi-Level: Yes
  • General Property Information Lot Size Acres: 0.32
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Basement: Apartment
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 1876.0
  • Stories: 2
  • Basement:Apartment: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.32
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick, Concrete
  • Foundation Details: Concrete, Brick/Mortar
  • Construction Materials:Brick: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Common
  • Parking Features:Common: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0821-04-9974

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Water

Tax Info

  • Tax Annual Amount: 2610.0
  • Tax Year: 2024
  • Tax Map Number: A

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 1

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $670,000 +67.5% $179 / Sq Ft
12/14/2023 12/14/23 Off Market $400,000 -- --
12/28/2021 12/28/21 Sold $400,000 -5.9% $112 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $425,000 -- $119 / Sq Ft
Source: Doorify MLS

Similar Homes in Durham, NC

  • 2203 Lafayette St, Durham, NC 27707

    $599,900

    • 6 Beds
    • 4 Baths
    • 2,436 Sq Ft
    • 2203 Lafayette St
    • Durham, NC

    Lakewood quadplex with strong cash flow. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios, all with long term tenants. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new

    Bruce Clayton Griffin Associates REALTORS

    Section Image
  • 2205 Lafayette St, Durham, NC 27707

    $599,900

    • 6 Beds
    • 4 Baths
    • 2,436 Sq Ft
    • 2205 Lafayette St
    • Durham, NC

    Lakewood quadplex with strong cash flow. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios, all with long term tenants. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new

    Bruce Clayton Griffin Associates REALTORS

    Section Image
  • 1911 Morehead Ave, Durham, NC 27707

    $692,500

    • 8 Beds
    • 4 Baths
    • 3,360 Sq Ft
    • 1911 Morehead Ave
    • Durham, NC

    Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap RateLocated less than a mile from Duke University, this fully leased, turnkey quadplex offers walkable convenience in one of Durham's most in-demand rental corridors. Major renovations completed in 2022-2023 include new HVAC systems, plumbing upgrades, and interior/exterior enhancements. Lower units (1911 & 1913) feature

    Ed Billings Compass -- Chapel Hill - Durham

    Section Image
  • 1733 Morehead Ave, Durham, NC 27707

    $650,000

    • 6 Beds
    • 4 Baths
    • 3,065 Sq Ft
    • 1733 Morehead Ave
    • Durham, NC

    Charming quadruplex in Durham's desirable Lakewood Park neighborhood. The updated interiors features hardwood floors with neutral gray paint, kitchen with white subway tile backsplash, stainless steel appliances, and bright, sunny living spaces A fantastic opportunity for investors or anyone seeking convenience and character in a prime location, just minutes from Duke University, Duke Medical

    Chantel Gutierrez-Davis Rise 24 Real Estate LLC

    Section Image
  • 1213 Dawkins St, Durham, NC 27707

    $699,000

    • 6 Beds
    • 6 Baths
    • 3,273 Sq Ft
    • 1213 Dawkins St
    • Durham, NC

    10K in seller paid CC! Investors looking for a turnkey property? Construction is underway on this 2 story duplex. Each unit provides 3 bedrooms with 2.5 bathrooms. Half bath on the main level. Eat-in kitchen with island and SS appliances. Fridge is included! Great rental potential with close proximity to NCCU, highways, dining, nightlife, and all that Durham has to offer! Dawkins St Community

    Marisol Alvarez Triangle Residential Realty

    Section Image

Source: Doorify MLS

MLS Number: 10101603

Doorify MLS