112 S Joyland Street, Durham, NC 27703
- Beds
- 6
- Baths
- 4
- Sqft
- 3,128
View property features, location on map, relevant school information and overview from seller's agent.
- 5
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Overview
Exceptional Investment & Development Opportunity - Don't miss this rare chance to maximize value with versatility in a rapidly growing location!
112 S Joyland presents a prime opportunity for investors, developers, or owner-occupants alike.
This property features two spacious 1564 SF apartments, both with 3 Bedrooms and 2 Full Baths. Both units have been fully remodeled, showcasing modern finishes, functional layouts, and separate driveways—providing privacy and convenience.
Unit A is currently vacant—ideal for immediate occupancy or rental.
Unit B is leased at $2,200/month, generating steady income from day one.
Situated on a generous .45-acre lot, the parcel offers a potential flag lot configuration in alignment with Durham County UDO/zoning guidelines. Hire an architect to explore building an additional dwelling unit or a separate homesite—unlocking substantial added value.
Additionally, there is a 40 ft x 8ft high cube container on lot that does convey: it includes a 50 Amp panel and 50 Amp 240 RV Plug.
Whether you're a first-time homebuyer seeking supplemental rental income, or an investor looking to develop or expand your portfolio, this property offers exceptional flexibility and future upside. Enjoy a private oasis in the rear footprint of the lot, or capitalize on the development potential that this unique parcel presents.
The combination of size, layout, zoning potential, & location makes this a superior real estate asset—one that balances immediate income with long-term growth opportunities.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 6
- Number of bathrooms
- 4
- Square feet
- 3,128
- Lot size (acres)
- 0.45
- Year built
- 1963
Interior features
- Basement
- Yes, Finished
- Fireplaces
- 1
Utilities
- Heating
- Floor furnace, Heat pump
- Cooling
- Central air, Multi units
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $3,435.72
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Triangle MLS MLS®#: 10098489 Last checked: …

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