311 Lyric St Durham, NC 27701
Central Park NeighborhoodEstimated payment $3,389/month
Highlights
- No HOA
- Luxury Vinyl Tile Flooring
- Central Heating and Cooling System
- George Watts Elementary Rated A-
About This Home
Income-producing triplex in Durham's desirable 27701 zip code! The property offers three 2-bedroom, 1-bath residences totaling approximately 2,510 square feet on a 0.22-acre lot. Units A and C feature identical floor plans, with Unit B offering a mirrored layout. Each residence includes its own entrance, defined living and dining spaces, a functional kitchen, two bedrooms and one full bath upstairs. Additional features include off-street parking and outdoor space. Two units are currently leased, providing established rental income, while vacant Unit C is available for showings and offers flexibility for a new tenant or potential owner-occupant. Individual entrances, outdoor space and off-street parking complete the property. Conveniently positioned near Downtown Durham, Duke University, dining, entertainment and major commuter routes, an excellent opportunity to acquire a three-unit multifamily asset in a growing Durham location. Recent Upgrades and Details: Washer/dryer hookups in each unit • Water heaters: 2026, 2026 and 2002 • Individual HVAC systems: 2014, 2000 and 2009
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,069
Year Built
- Built in 1985
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,510 Sq Ft Home
- 2-Story Property
- Crawl Space
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Gravel Driveway
- Unpaved Parking
- 4 Open Parking Spaces
Additional Features
- 9,583 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for common area maintenance, grounds care, HVAC maintenance, insurance, taxes
- Assessor Parcel Number 110110
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,169 | $400,350 | $213,500 | $186,850 |
| 2024 | $2,458 | $176,221 | $85,680 | $90,541 |
| 2023 | $2,308 | $176,221 | $85,680 | $90,541 |
| 2022 | $2,255 | $176,221 | $85,680 | $90,541 |
| 2021 | $2,245 | $176,221 | $85,680 | $90,541 |
| 2020 | $2,192 | $176,221 | $85,680 | $90,541 |
| 2019 | $2,192 | $176,221 | $85,680 | $90,541 |
| 2018 | $2,067 | $152,376 | $39,780 | $112,596 |
| 2017 | $2,052 | $152,376 | $39,780 | $112,596 |
| 2016 | $1,983 | $152,376 | $39,780 | $112,596 |
| 2015 | $2,213 | $159,874 | $16,857 | $143,017 |
| 2014 | $2,213 | $159,874 | $16,857 | $143,017 |
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 |
|---|---|---|---|---|
| 09/16/2026 09/16/26 | For Sale | $550,000 | -- | $219 / Sq Ft |
Source: Doorify MLS
MLS Number: 10192976
APN: 110110
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