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311 Lyric Street, Durham, NC 27701

Durham
Local realty services provided by:CENTURY 21 New Beginnings
311 Lyric Street,Durham, NC 27701
$550,000
  • 6 Beds
  • 3 Baths
  • 2,510 sq. ft.
  • Multi-family
  • Pending
Listed by: shikha anand
Office: compass -- raleigh
MLS#:10192976
Source:RD

Price summary

  • Price:$550,000
  • Price per sq. ft.:$219.12

About this home

Income-producing triplex minutes from Downtown Durham in the 27701, a 3-unit multifamily investment property priced right! Three 2-bed/1-bath, two-level units (approx. 2,510 total sq ft) on a 0.22-acre lot, each with a private entrance, rear deck, washer/dryer hookups and its own utilities. Two units are leased with in-place income; Unit C is vacant and ready to lease at a projected $1,600/month, or owner-occupy one unit and let the other two offset the mortgage. Off-street parking plus a storage shed. Quick access to Downtown Durham, Duke University, Duke Health, dining, entertainment, NC-147 and I-85. Two of three water heaters replaced in 2026. A strong fit for rental property investors, 1031 exchange buyers and first-time multifamily owners looking for a Durham triplex for sale close to downtown.

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Home facts

  • Year built:1985
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10192976
  • Added:48 day(s) ago
  • Updated:November 03, 2026 at 05:50 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Luxury Vinyl
  • Living area:2,510 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Building area:2,510 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Vinyl Siding
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$219.12
  • Tax amount:$4,069

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup

Parking

  • Parking description:Gravel, Unpaved
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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