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Listed price in listed location currency (USD).
$237,500

422

MLS® 10174164

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1600 sqft
Garage 
Taxes $3,311
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1975
Avg. Price Per Sqft $148
MLS® Number 10174164

Property Address: 1105 Morehead Ave, Durham, NC, 27707-1249

Average square foot calculated using Size range provided by listing agent.

Description

This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''
MLS® Number10174164
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
DrivewayDriveway
Garage Spaces
HeatBaseboard
A/CWall Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$237,500List Price

Home Appraisal

This property is estimated to sell between: $237,000 and $796,000.
Similar properties in this area sold on average for: $609,766
Expected to sell in 72 days. Similar properties sold in 72 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1105 Morehead Ave, Durham, NC

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