$699,900

804 Lancaster St Durham, NC 27701

Durham Area

Estimated payment $4,561/month

Total Views 10,693
4 Beds
4 Baths
2,500 Sq Ft
$280 Price per Sq Ft

Highlights

  • Wood Flooring
  • Screened Porch
  • Forced Air Heating System
  • No HOA
  • Detached Garage

About This Home

Prime investment opportunity in the heart of Downtown Durham, just a short walk to Duke University's East Campus and near Trinity Park! This four-unit property is ready for renovation and offers excellent value-add potential. Each unit features 1 bedroom and 1 bath. Property includes gas heat, gas water heaters, and four separate utility meters. A detached garage is located at the rear of the property, with street parking and additional parking available via alley access. This fixer-upper is being sold through a court-appointed Special Proceedings sale and is subject to a 10-day upset bid period. Contact the listing agent for additional details.

Listing Agent

Wallace Peiffer

Premier Advantage Realty Inc License #170317 Listed on: 07/15/2026

Premier Advantage Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Alley Access
  • On-Street Parking
  • 4 Open Parking Spaces

Schools

  • Durham County Schools Elementary And Middle School
  • Durham County Schools High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 100154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1920

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2500.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Lot Water Features:Lot Water Features: None
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTgwMTQ4IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTAzVDE0OjAyOjUyLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.MVrw8_lk1cfcePfnU-YZTG9t399ASCcRZ8TED88T13Q/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch, Screened

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Alley Access, Detached, Garage, On Street

Utilities

  • Heating: Forced Air, Separate Meters
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Durham County Schools
  • Middle Or Junior School: Durham County Schools

Lot Info

  • Zoning: RM-8
  • Lot Dimensions: Survey needed
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 100154

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Annual Amount: 8619.26
  • Tax Year: 2025
  • Tax Map Number: 19

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Durham County Schools

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the 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 $8,619 $869,491 $341,000 $528,491
2024 $7,429 $532,558 $123,800 $408,758
2023 $6,976 $532,558 $123,800 $408,758
2022 $6,816 $532,558 $123,800 $408,758
2021 $6,784 $532,558 $123,800 $408,758
2020 $6,624 $532,558 $123,800 $408,758
2019 $6,624 $532,558 $123,800 $408,758
2018 $6,340 $467,395 $55,710 $411,685
2017 $6,293 $467,395 $55,710 $411,685
2016 $6,081 $467,395 $55,710 $411,685
2015 $3,636 $262,659 $72,828 $189,831
2014 $3,636 $262,659 $72,828 $189,831
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
07/15/2026 07/15/26 For Sale $699,900 -- $280 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Wallace Peiffer

Premier Advantage Realty Inc

(984) 257-4806

Section Image

Wallace Peiffer is extremely knowledgeable and his motto is "There is No Finish Line." He is a Broker Owner Agent serving Kerr Lake, Granville, Franklin, Vance, Durham, Wake Counties. He is ranked as an exceptional Top 1% Realtor nationally, Broker, CRS, GRI, ABR, and 2020 President Durham Association of Realtors skills. With over 33 years of Real Estate experience, Wallace makes each transaction as smooth and stress-free as possible for his clients.

Wallace began his career in Real

Wallace's Other Listings

  • 4513 Laymans Chapel Rd, Durham, NC 27704

    $150,000

    • 2 Beds
    • 1 Bath
    • 915 Sq Ft
    • 4513 Laymans Chapel Rd
    • Durham, NC

    Great investment fixer upper ranch property in N. Durham! 2 bedrooms and 1 bath with approximately 915 sqft. Hardwood floors in the living room and bedrooms. 0.26 acre lot. Conveniently located only 2 miles from Duke Regional Hospital, 3.8 miles to I85, 5.5 miles from downtown Durham, and 16 miles from Chapel Hill. This is a court appointed sale - Special Proceedings with a 10-day upset bid

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 2523 Baptist Rd, Durham, NC 27703

    $995,400

    • 2 Beds
    • 3 Baths
    • 3,919 Sq Ft
    • 2523 Baptist Rd
    • Durham, NC

    Imagine waking up in your private log home, stepping onto the porch with your morning coffee, and watching deer graze among the fruit trees as the sun rises over the water. This tranquil woodland retreat feels a world away, yet is conveniently nestled in Durham County. A scenic nature trail just down the hill follows the shoreline of Falls Lake, offering miles of water and forest views. Leave the

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 1610 W B St, Butner, NC 27509

    $239,000 $36K PRICE DROP

    • 2 Beds
    • 1.5 Baths
    • 1,198 Sq Ft
    • 1610 W B St
    • Butner, NC

    Move-in ready brick ranch--an excellent investment opportunity! Recent renovations have been completed with a building permit and Certificate of Occupancy (see MLS docs). The extended driveway features gravel for added convenience. The updated kitchen shines with NEW granite countertops, tile backsplash, stainless steel appliances, sink and faucet, flooring, and modern light fixtures. Hardwood

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 1495 Concord Church Rd, Butner, NC 27522

    $369,900 $25K PRICE DROP

    • Land
    • 1.04 Acres
    • $355,673 per Acre
    • 1495 Concord Church Rd
    • Butner, NC

    Zoned Highway Business, 1.0462 acres in a prime location just off I85 near Butner. This lot has approx 275' of road frontage on E. Lyon Station Road. Lots of commercial/businesses surrounding it. Clear, level, and vacant - ready for your new build! Water/sewer tap in place. HB zoning uses includes Retail, Restaurants, Veterinary and Medical Clinic, Plant Nursery, and so much more! Concord Church

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 308 S Elm St, Creedmoor, NC 27522

    $359,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,419 Sq Ft
    • 308 S Elm St
    • Creedmoor, NC

    Beautiful new construction in the heart of Creedmoor READY TO MOVE IN for a quick closing, perfectly situated on a 0.51-acre lot just a short stroll from downtown shopping and dining. This thoughtfully designed custom home by Kidd Design-Build offers 1,419 sqft of well-appointed living space. Step inside to find durable LVP flooring throughout the main living areas, complemented by ceramic tile

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 306 S Elm St, Creedmoor, NC 27522

    $386,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 306 S Elm St
    • Creedmoor, NC

    Nestled in the heart of Creedmoor READY TO MOVE IN for a quick closing, this beautiful new construction sits on a generous 0.49-acre lot just a short walk from local shops and dining. Built by Kidd Design-Build, the home offers 1,550 sqft of thoughtfully crafted living space designed for both comfort and style. Inside, you'll find an open-concept layout that effortlessly blends the living room,

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 302 S Elm St, Creedmoor, NC 27522

    $356,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,419 Sq Ft
    • 302 S Elm St
    • Creedmoor, NC

    Located in the heart of Creedmoor and READY TO MOVE IN for a quick closing, this beautiful CUSTOM new construction sits on a 0.28-acre lot just a short walk from downtown shopping and dining. Built by Kidd Design-Build, the home offers 1,419 sqft of thoughtfully designed living space that blends comfort, style, and functionality. The open-concept floor plan creates an easy flow between the living

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 2635 W Lyon Station Rd, Creedmoor, NC 27522

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,860 Sq Ft
    • 2635 W Lyon Station Rd
    • Creedmoor, NC

    Mini-farm just outside the city limits on approximately 3.80 acres! The fenced pasture is ready for a few farm animals and includes gated access to a large covered livestock shelter complete with power, water, and a feed shed. Two detached carports (21x14 and 23.5x20.5) provide ample space for vehicles, farm equipment, or lawn tools, with a 24x14 workshop conveniently located between them. Two

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image
  • 815 N Durham Ave, Creedmoor, NC 27522

    $319,900 $40K PRICE DROP

    • 4 Beds
    • 2 Baths
    • 1,982 Sq Ft
    • 815 N Durham Ave
    • Creedmoor, NC

    Adorable 1900+ Sqft bungalow style home on a 0.70 acre lot inside the city limits of Creedmoor! Convenient access to I85 to Durham/RTP and Hwy 50 to N. Raleigh! Fresh paint! Gorgeous 75' of wrap around front porch. New driveway gravel. Some rooms have the original hardwood floors. Extra wide 12'' baseboards, 9' ceilings, lots of crown molding. Masonry fireplace in the living room. Gourmet kitchen

    Wallace Peiffer Premier Advantage Realty Inc

    Section Image

Source: Doorify MLS

MLS Number: 10180148

Doorify MLS
Your Personal Tour Guide

Ask me questions while you tour the home.