NC > Durham > Not In A Subdivision
Durham, NC 27707,1911 Morehead Avenue
Durham, NC 27707,1911 Morehead Avenue
Durham, NC 27707,1911 Morehead Avenue
Durham, NC 27707,1911 Morehead Avenue
Durham, NC 27707,1911 Morehead Avenue
Durham, NC 27707,1911 Morehead Avenue
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Jason Walters

Jason Walters

+1(252) 904-0357
Listed by Compass -- Chapel Hill - Durham
$ 692,500
Est. payment | /mo

8 Beds

4 Baths

3,360 SqFt

Save
$ 692,500
Est. payment | /mo
Save

8 Beds

4 Baths

3,360 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $206

Subdivision Not In A Subdivision

MLS Listing ID 10102040

Bedrooms 8

Full Baths 4

Abv Grd Liv Area 3,360

Year Built 1961

Annual Tax Amount $6,417

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source Triangle MLS

Property Description

Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap Rate

Located less than a mile from Duke University, this fully leased, turnkey quadplex offers walkable convenience in one of Durham's most in-demand rental corridors. Major renovations completed in 2022-2023 include new HVAC systems, plumbing upgrades, and interior/exterior enhancements. Lower units (1911 & 1913) feature updated kitchens with IKEA cabinetry, butcher block counters, new appliances, tiled baths, custom desks, and washer/dryer installs. Upper units (1915 & 1917) include walk-in showers, vinyl flooring, refinished hardwoods, and updated finishes. Strong in-place rents and a 5.5% cap rate make this an ideal low-maintenance investment.

Location

State NC

County Durham

Direction Chapel Hill Road north to left on Morehead. 1911 Morehead is the cream colored building with green doors

Interior

Heating Electric, Forced Air

Cooling Central Air

Flooring Hardwood

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces Chapel Hill Road north to left on Morehead. 1911 Morehead is the cream colored building with green doors

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Brick Veneer

New Construction No

Others

Tax ID 0821165060

Special Listing Condition Standard

Doorify MLS / Triangle MLS
agent-avatar

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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