1911 Morehead Avenue Durham, NC 27707
8 Beds
4 Baths
3,360 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $222
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
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
