DUPLEX NEAR DOWNTOWN DURHAM
PRICE:
$
385,000
STATUS:
Sold
ADDRESS:
1123 Gurley Street, Durham, NC, USA
OVERVIEW:
SOLD 3/25/25 FOR $390,000
$195,000 per unit
Deaton GREA is pleased to offer, as the exclusive agent for the seller, this 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 1980, the one-story duplex features identical two-bedroom, one-bathroom floor plans. 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 $1500-$1600 per unit with strategic renovations and updates.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 1123-A | 2 BD/1 BA | 848 SF | $1,085 |
| 1123-B | 2 BD/1 BA | 848 SF | $1,325 |
PROPERTY INFORMATION
| PIN | 0831-19-8971 |
| Tax Value | $221,289 |
| Taxes | $3,086.76 |
| Lot Size | .21 ACRES |
| Year Built | 1980 |
| Exterior | VINYL |
| Floors | LVP, VINYL |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | PAID BY TENANTS |
| Legal Description | PROP-CASH J D & MARION PL:000000-000000 |
| Appliances | RANGE, REFRIGERATOR, WASHER & DRYER CONNECTIONS |
| Sold Date | 2025-03-28 |
| Zoning | RU-5(2) |
Agent Information Thomas T Furlow
Location Map
DUPLEX NEAR DOWNTOWN DURHAM
Address:
1123 Gurley Street, Durham, NC, USA
Price: $
385,000
Unit:
2