10 UNITS IN DURHAM, N.C.
PRICE:
$
1,250,000
STATUS:
Sold
ADDRESS:
504 Raynor St, Durham, NC 27703, USA
OVERVIEW:
|
CLOSED 5/22/26 FOR $1,030,000 A 10-unit multifamily property at 504 Raynor Street, Durham, NC. The offering represents a great value-add opportunity in the emerging East Durham submarket. The property features a single-story duplex, built in 1961. Behind the duplex is a two-story, eight-unit building, built in 1988. All ten units are two-bedroom floorplans. The property presents a rare opportunity to acquire a stable asset, with income upside, near Durham’s thriving economic core. |
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 504/506 RAYNOR - 2 UNITS | 2 BD/1 BA | 790 SF APPROX. | $1,275 AVG. |
| 502 RAYNOR - 8 UNITS | 2 BD/1 BA | 680 SF APPROX. | $1,045 AVG. |
PROPERTY INFORMATION
| PIN | 0831-12-75-7396 |
| Tax Value | $960,611 |
| Taxes | $9,784.40 |
| Lot Size | .626 ACRES |
| Year Built | 1960-DUPLEX / 1988-8 UNITS |
| Exterior | WOOD, BRICK - DUPLEX / VINYL, BRICK - 8 UNITS |
| Floors | CARPET, VINYL, LVT |
| Foundation | CRAWL - DUPLEX / SLAB - 8 UNITS |
| HVAC | CENTRAL AIR - DUPLEX / THRU-WALL & BASEBOARD - 8 UNITS |
| Utilities | PAID BY TENANTS, OWNER PAYS COMMON DUMPSTER AND AREA LIGHTS |
| Legal Description | PROP-WARD SALLIE D/LT#01- 02 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER CONNECTIONS |
| Sold Date | 2026-05-22 |
| Zoning | RU-M |
Agent Information Thomas T Furlow
Location Map
10 UNITS IN DURHAM, N.C.
Address:
504 Raynor St, Durham, NC 27703, USA
Price: $
1,250,000
Unit:
10