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USANCDurhamNot in a Subdivision1911 Morehead Ave
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$749,000

Added 10 days ago

1911 Morehead Ave, Durham, NC

Real Estate

For Sale

Listed price in listed location currency (USD).
$749,000

Added 10 days ago

843360 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3360 sqft
Garage No
Taxes $6,417
Days Active 9
Lot Size 
Approx. Age 1961
Avg. Price Per Sqft $222
MLS® Number 10102040

Property Address: 1911 Morehead Ave, Durham, North Carolina

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10102040
Laundry Level
Central VacNo
FireplaceNo
Acreage0.21
Exterior
GarageNo
Approx. Age1961
Basement
DrivewayOff Street
Garage Spaces
HeatElectric, Forced Air
A/CCentral Air
Heating Fuel

Extras

1911 Morehead Ave, Durham, NC

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