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2209-2211 Morehead Avenue, Durham, NC 27707

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For Sale

$1,739,000

22 beds • 13 baths • 9,148 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $190.10
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Investor Opportunity - Renovated MF Near Duke | 6.2% Cap | Stable Rents | 9 Units 2 Buildings with 9 units less than 1 mile from Duke University, offering strong in-place cash flow and a 6.2% cap rate. Unit mix includes rare 3BR/2BA and 2BR/2BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades in some units, drainage improvements, modernized kitchens/baths in various units, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.
MLS# 10102564

Courtesy Of Compass North Carolina

(919) 999-8482

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Exterior Type
    Brick Veneer
  • Floor Covering
    Vinyl, Hardwood, Carpet
  • Lot Size
    1.01 Acres
  • Rooms
    Basement

Map and Directions

Directions to 2209-2211 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

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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.