Leon Frati
Urban Durham Realty
(607) 601-2787
61 Total Sales
1 in Duke Homestead
$329,000 Price
4206 Delbert Ave Durham, NC 27704
Duke Homestead Neighborhood
--
Bed
--
Bath
4,268
Sq Ft
0.34
Acre Lot
Highlights
- No HOA
- Central Air
- Heat Pump System
About This Home
As of July 2026Investor 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. 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. Portfolio purchase opportunity available—ask listing agent for more information.
Last Agent to Sell the Property
GAC Management Group License #295958 Listed on: 03/06/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,785
Year Built
- Built in 1984
Home Design
- Quadruplex
Parking
- Driveway
- Paved Parking
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Washer and Dryer Hookup
- 14,810 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 172822
- 1% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Insurance Expense $4,925
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
Mar 6, 2026
Closed on
Jun 29, 2026
Sold by
Bought by
Seller's Agent
Christian Courtney
GAC Management Group
Buyer's Agent
NONUSER NONUSER
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$390,000
Interest Rate
6.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2021
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
$1,800,000
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 2013
Sold by
Bought by
Purchase Details
Closed on
Apr 2, 2013
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
$150,000
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Duke Homestead, NC
-
Leon Frati
-
Brandon Black
Brandon Black
Real Broker, LLC
(434) 300-3675
65 Total Sales
1 in Duke Homestead
$370,000 Price
-
Marti Hampton
Marti Hampton
Responds QuicklyEXP Realty
(984) 238-9358
1,262 Total Sales
1 in Duke Homestead
$205,000 Price
-
Petra Thomas
Petra Thomas
Responds QuicklyEXP Realty LLC
(984) 789-3238
115 Total Sales
1 in Duke Homestead
$209,900 Price
-
Stephanie Anson
Stephanie Anson
Northside Realty Inc.
(984) 228-2061
641 Total Sales
7 in Duke Homestead
$210K - $440K Price Range
-
Joe Matthews
Joe Matthews
Real Triangle Properties LLC
(984) 833-2176
307 Total Sales
1 in Duke Homestead
$349,400 Price
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 |
|---|---|---|---|
| Special Warranty Deed | $600,000 | None Listed On Document | |
| Special Warranty Deed | $2,300,000 | None Available | |
| Warranty Deed | $270,000 | None Available | |
| Deed | $200,000 | 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 |
|---|---|---|---|
| Open | $390,000 | New Conventional | |
| Previous Owner | $1,800,000 | Commercial | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage |
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 |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | Sold | $600,000 | -4.0% | $141 / Sq Ft |
| 05/03/2026 05/03/26 | Pending | -- | -- | -- |
| 04/15/2026 04/15/26 | Price Changed | $625,000 | -3.7% | $146 / Sq Ft |
| 03/06/2026 03/06/26 | For Sale | $649,000 | -- | $152 / Sq Ft |
Source: Triad 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 | $4,785 | $482,672 | $200,000 | $282,672 |
| 2024 | $1,705 | $122,257 | $30,000 | $92,257 |
| 2023 | $1,601 | $122,257 | $30,000 | $92,257 |
| 2022 | $1,565 | $122,257 | $30,000 | $92,257 |
| 2021 | $1,557 | $122,257 | $30,000 | $92,257 |
| 2020 | $1,521 | $122,257 | $30,000 | $92,257 |
| 2019 | $1,521 | $122,257 | $30,000 | $92,257 |
| 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
Agents Affiliated with this Home
-
Christian Courtney
Seller's Agent in 2026
Christian Courtney
GAC Management Group
(336) 671-2437
2 in this area
8 Total Sales
-
NONUSER NONUSER
N
Buyer's Agent in 2026
NONUSER NONUSER
2 in this area
2,655 Total Sales
Map
Source: Triad MLS
MLS Number: 1211374
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.
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