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1911 Morehead Avenue, Durham, NC 27707

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For Sale

$749,000

8 beds • 4 baths • 3,360 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $222.92
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 10102040

Courtesy Of Compass North Carolina

(919) 999-8482

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer
  • Floor Covering
    Hardwood
  • Heating System
    Forced Air
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 1911 Morehead Avenue, Durham, NC 27707

Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 720-4217
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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