1911 Morehead Avenue, Durham, NC 27707
- Beds
- 8
- Baths
- 4
- Sqft
- 3,360
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap Rate
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
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Square feet
- 3,360
- Lot size (acres)
- 0.21
- Year built
- 1961
Utilities
- Heating
- Electric, Forced air
- Cooling
- Central air
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $6,417.26
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®#: 10102040 Last checked: …
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