$600,000
SOLD JUL 1, 2026
-- Beds
-- Baths
4,268 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: July 1, 2026

$141 Per Sq Ft

8% Below List Price

58 Days on Market

Highlights

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

About This Home

As of July 2026

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. 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

Christian Courtney

GAC Management Group License #295958 Listed on: 03/06/2026

Last Buyer's Agent

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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,785

Year Built

Built in 1984

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • MLS Status: Closed
  • Standard Status: Closed
  • Directions: From I-85 take Exit 176 for Guess Rd. Head south on Guess Rd, turn left onto Horton Rd, then right onto Delbert Ave. Property is on the right at 4206 Delbert Ave, Durham, NC.
  • Year Built: 1984
  • Idx Status: Sold
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved

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 #: 172822
  • Zoning: RS-M
  • TRIADMLS_PlatBook: 000099-000104

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Insurance Expense: 4925
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 4785
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 0.991

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
2026 $4,785 $482,672 $200,000 $282,672
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

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Map

Source: Triad MLS

MLS Number: 1211374

Triad MLS
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