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$550,000
17 Days On Site

311 Lyric Street
Durham, NC 27701

For Sale|Triplex|Active
6
Beds
3
Total Baths
3
Full Baths
2,510
SqFt
$219
/SqFt
1985
Built
Subdivision:
Not in a Subdivision
County:
Durham
Call Now: 919-404-SHOW
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919-404-SHOW
311 Lyric Street311 Lyric Street311 Lyric Street311 Lyric Street
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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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Listing Snapshot
Price 
$550,000
Days On Site 
17 Days
Bedrooms 
6
Inside Area (SqFt) 
2,510 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1985
MLS® Number 
10192976
Status 
Active
Property Tax 
$4,069
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.22
Lease Term 
12 Months
Levels 
Two
Parking 
GravelUnpaved
Parking Spaces 
4
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2510
SqFt Total 
2510
Water Source 
Public
Zoning 
RM-12
Interior Features
Basement 
Crawl Space
Cooling 
Central Air
Flooring 
CarpetOtherVinyl
Furnished? 
None
Heating 
Central
Interior 
High Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Shikha Anand of Compass -- Raleigh



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: 2026-10-04 01:31 AM 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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