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$237,500
11 Days On Site
1105 Morehead AvenueDurham, NC 27707
For Sale|Duplex|Active
4
Beds
2
Total Baths
2
Full Baths
1,600
SqFt
$148
/SqFt
1975
Built
Subdivision:
Not in a Subdivision
County:
Durham
Call Now: 919-404-SHOW
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919-404-SHOW
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Monthly Payment (Est.)
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This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''
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Listing Snapshot
Price
$237,500
Days On Site
11 Days
Bedrooms
4
Inside Area (SqFt)
1,600 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.16 Acres
Year Built
1975
MLS® Number
10174164
Status
Active
Property Tax
$3,310.8
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
0.16
Lease Term
Month To Month
Levels
One
Parking
Driveway
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1600
SqFt Total
1600
Water Source
Public
Interior Features
Cooling
Wall Unit(s)
Flooring
CarpetVinyl
Heating
Baseboard
Laundry Features
Washer Hookup
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Exterior Features
Construction Details
Other
Roof
ShingleSee Remarks
Community Features
Financing Terms Available
CashConventional
Listing courtesy of Thomas Furlow of Deaton Investment Real Estate
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-06-27 05:41 PM UTC
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-06-27 05:41 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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