E
Seller's Agent in 2026
Ed Billings
Compass -- Chapel Hill - Durham
(919) 423-6627
1 in this area
76 Total Sales
2209 Morehead Ave Durham, NC 27707
Duke Forest Neighborhood
22
Beds
13
Baths
9,148
Sq Ft
1.01
Acre Lot
Highlights
- Wood Flooring
- No HOA
- Central Heating and Cooling System
- Lakewood Montessori Middle School Rated A-
- Brick Veneer
About This Home
As of May 2026Investor Opportunity - Renovated MF Near Duke | 6.75 Cap | Stable Rents | 9 Units 2 Buildings with 9 units less than 1 mile from Duke University and Downtown Durham, offering strong in-place cash flow and a 6.75% cap rate. Unit mix includes rare 3BR/2BA and 2BR/1BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades in some units, drainage improvements, modernized kitchens/baths in various units, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.
Last Agent to Sell the Property
Compass -- Chapel Hill - Durham License #201236 Listed on: 06/12/2025
Last Buyer's Agent
Garrett White
EXP Realty LLC License #352246
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,565
Year Built
- Built in 1960
Home Design
- Brick Veneer
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3-Story Property
- Natural lighting in basement
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 22 Bedrooms
- 13 Full Bathrooms
Parking
- On-Site Parking
- 8 Open Parking Spaces
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Buildings
- 9 Units
Listing and Financial Details
- The owner pays for grounds care, insurance, taxes, trash collection
- Assessor Parcel Number 0821-05-6967 and 0821-05-5967
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
Listed on
Jun 12, 2025
Closed on
May 14, 2026
Sold by
Bought by
Seller's Agent
Ed Billings
Compass -- Chapel Hill - Durham
Buyer's Agent
Garrett White
EXP Realty LLC
List Price
$1,990,000
Sold Price
$1,405,000
Premium/Discount to List
-$585,000
-29.4%
Views
169
Purchase Details
Closed on
Sep 22, 2023
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
$1,031,250
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2023
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
$1,031,250
Interest Rate
6.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2017
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,405,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $2,750 | None Listed On Document | |
| Special Warranty Deed | -- | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,031,250 | New Conventional |
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 |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | Sold | $1,405,000 | -9.4% | $154 / Sq Ft |
| 04/01/2026 04/01/26 | Pending | -- | -- | -- |
| 03/02/2026 03/02/26 | Price Changed | $1,550,000 | -10.9% | $169 / Sq Ft |
| 11/17/2025 11/17/25 | Price Changed | $1,739,000 | -12.6% | $190 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $1,990,000 | -- | $218 / Sq Ft |
Source: Doorify MLS
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 | $8,311 | $838,344 | $350,000 | $488,344 |
| 2024 | $7,095 | $508,648 | $62,500 | $446,148 |
| 2023 | $6,663 | $517,517 | $62,500 | $455,017 |
| 2022 | $6,624 | $517,517 | $62,500 | $455,017 |
| 2021 | $6,593 | $517,517 | $62,500 | $455,017 |
| 2020 | $6,437 | $517,517 | $62,500 | $455,017 |
| 2019 | $6,437 | $517,517 | $62,500 | $455,017 |
| 2018 | $3,026 | $223,080 | $50,000 | $173,080 |
| 2017 | $3,004 | $223,080 | $50,000 | $173,080 |
| 2016 | $2,902 | $223,080 | $50,000 | $173,080 |
| 2015 | $2,752 | $198,766 | $40,000 | $158,766 |
| 2014 | $2,752 | $198,766 | $40,000 | $158,766 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Billings
-
Brooke Gelhaus
Seller Co-Listing Agent in 2026
Brooke Gelhaus
Compass -- Chapel Hill - Durham
(919) 307-7590
1 in this area
76 Total Sales
-
G
Buyer's Agent in 2026
Garrett White
EXP Realty LLC
-
J.T. Smith
Buyer Co-Listing Agent in 2026
J.T. Smith
EXP REALTY OF PIEDMONT NC LLC
(919) 283-6875
1 in this area
24 Total Sales
Map
Source: Doorify MLS
MLS Number: 10102564
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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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