CLOSED 5/13/26 FOR $380,000
$190,000 per unit
DEATON represented the seller in the sale of this duplex in Downtown Durham.
206 W Corporation Street presents a rare opportunity to acquire a duplex in a rapidly appreciating pocket of Downtown Durham, just minutes from Central Park and the urban core. The asset offers immediate in-place income with clear upside through renovation, rent growth, or future redevelopment.
Positioned within a high-demand rental corridor driven by walkability and continued downtown expansion, the property allows investors to capitalize on both short-term value-add execution and long-term land appreciation.
| Unit | Type | Size | Rent |
|---|---|---|---|
| A | 2 BD/1 BA | 750 SF | $1,300 |
| B | 2 BD/1 BA | 750 SF | $1,300 |
| PIN | 0831-09-6622 |
| Tax Value | $427,773 |
| Taxes | $4,240.51 |
| Lot Size | .18 ACRES |
| Year Built | 1977 |
| Exterior | VINYL |
| Floors | LVP, CARPET, VINYL |
| Foundation | CRAWL |
| HVAC | CENTRAL AIR |
| Utilities | TENANTS PAY ALL UTILITIES |
| Legal Description | PROP-RIGSBEE A M/LT#07 LT #06 SM PT PL:000048-000034 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Zoning | RU-M |
Agent Information Thomas T Furlow