BRICK DUPLEX NEAR DOWNTOWN DURHAM

PRICE:
$ 360,000
STATUS:
Sold
ADDRESS:
208 East Geer Street, Durham, NC, USA
OVERVIEW:

SOLD 9/12/25 FOR $340,000
$170,000 per unit

Deaton is pleased to offer, as the exclusive agent for the seller, this brick duplex for sell near downtown Durham. This offering presents a value-add opportunity in the path of progress near Durham’s thriving and diverse economic core. Built in 1958, the one-story duplex features identical two-bedroom, one-bathroom floor plans and sits on a large, deep lot of .26 acres. The land offers the potential to realize significant value creation. It allows for multiple expansion opportunities to the existing building, the building of an ADU, or potentially redevelopment with additional units. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market and could be raised to $1,400-$1,500 per unit with strategic renovations and updates.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
208-A 2 BD/1 BA 745 SF $1,095 (month-to-month)
208-B 2 BD/1 BA 745 SF $940 (month-to-month, long-term tenant)
TOTAL 1,490 SF $2,035
PROPERTY INFORMATION
PIN 0831-19-8918
Tax Value $455,994 (UPDATED 2025 VALUE)
Taxes $2,579 (2024 ACTUAL BILL, DOES NOT REFLECT REVALUATION IN 2025)
Lot Size .26 ACRES
Year Built 1958
Exterior BRICK
Floors HARDWOOD, TILE, VINYL
Foundation CRAWL
HVAC WINDOW A/C, BASEBOARD HEAT
Utilities PAID BY TENANTS
Legal Description PROP-LUNSFORD OTHO/LT#05 PL:000001-000136
Appliances RANGE, REFRIGERATOR, WASHER & DRYER CONNECTIONS
Sold Date 2025-09-12
Zoning RU-5(2)

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Agent Information Thomas T Furlow

Location Map

BRICK DUPLEX NEAR DOWNTOWN DURHAM
Address: 208 East Geer Street, Durham, NC, USA Price: $ 360,000 Unit: 2