$675,000

Estimated payment $3,886/month

Total Views 1,015
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Easley Elementary Rated A-

About This Home

Investor opportunity in a strong Durham rental market. Four-unit townhome building with 3 units currently leased, providing immediate income. One unit is fully renovated and intentionally left vacant, offering flexibility to lease at market rates, use as an owner-occupied unit, or explore mid-term rental demand from nearby medical professionals. Townhome-style layouts and proximity to Duke University, Duke Hospital, Duke Regional, and major employment centers drive consistent rental, interest. This property offers stable cash flow with room to increase returns through strategic rent adjustments and lease-up of the renovated unit. Convenient access to I-85, NC-147, retail, and transit. Ideal for investors seeking a value-add opportunity with strong fundamentals and long-term growth potential.

Listing Agent

Christian Courtney

GAC Management Group License #295958 Listed on: 11/29/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1983

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 172816
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,705

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Directions: Head north on Swift Ave toward Broad Street. Turn right onto Broad St. Continue on Broad St for about 1.3 miles. Turn right onto Guess Rd. Continue 0.6 miles, then turn left onto Horton Rd. Drive 0.7 miles, then turn left onto Oran Ave.
  • Architectural Style: Two Story
  • Year Built: 1983
  • Idx Status: Active
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Composite Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 172816
  • Zoning: RS-M
  • TRIADMLS_PlatBook: 000099-000104

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 4705
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 0.9

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,705 $474,673 $200,000 $274,673
2024 $1,658 $118,875 $30,000 $88,875
2023 $1,557 $118,875 $30,000 $88,875
2022 $1,521 $118,875 $30,000 $88,875
2021 $1,514 $118,875 $30,000 $88,875
2020 $1,479 $118,875 $30,000 $88,875
2019 $1,479 $118,875 $30,000 $88,875
2018 $2,362 $174,134 $32,000 $142,134
2017 $2,345 $174,134 $32,000 $142,134
2016 $2,266 $174,134 $32,000 $142,134
2015 $2,440 $176,241 $32,000 $144,241
2014 $2,440 $176,241 $32,000 $144,241
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2025 11/29/25 For Sale $675,000 -- --
Source: Triad MLS

Source: Triad MLS

MLS Number: 1203323

Triad MLS