4 Beds
2 Baths
1,500 SqFt
4 Beds
2 Baths
1,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $256
Subdivision Lyon Park
MLS Listing ID 10163498
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1973
Annual Tax Amount $3,674
Lot Size 1,500 Sqft
Acres 0.12
Property Sub-Type Duplex
Source Doorify MLS
Land Area 1500
Property Description
Excellent investment opportunity just minutes from Duke University and downtown Durham. This fully renovated brick duplex offers two separate units, each approximately 750 SF with 2 bedrooms and 1 full bathroom.
Each unit features a modern kitchen, stylish cabinetry, granite countertops, stainless steel appliances, luxury vinyl plank flooring, and in-unit laundry hookups. Renovated in 2023, upgrades also include two separate HVAC systems for maximum efficiency and comfort.
Perfect for long-term rental income or Airbnb potential.
Prime Location:
• 3 minutes to Duke University
• 4 minutes to downtown Durham
• 5 minutes to Whole Foods
Expected market rent: $1,250-$1,300 per unit.
Strong income-producing property in a highly desirable location!
Note: Seller will be doing a 1031 exchange
Location
State NC
County Durham
Community Lyon Park
Area 0.12
Interior
Cooling Central Air
Flooring Luxury Vinyl
Fireplace No
Appliance Disposal, Microwave, Dishwasher
Exterior
Parking Features Driveway, Off Site
Roof Type Shingle
Garage No
Building
Story One
Foundation Slab
Water Public
New Construction No
Schools
Elementary Schools Durham - Morehead Montessori
Middle Schools Durham - Lakewood Montessori Middle School
High Schools Durham - Charles E Jordan Sr High School
Others
Senior Community No
Tax ID PIN # 0821-35-2555
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
600 Park Offices Drive, 350, Durham, North Carolina, 27709, USA