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$237,500
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Property Description
This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''
Full Property Details
Full Property Details for 1105 Morehead Ave
General
- Sold For: $237,500
- Taxes: $3,310 (2025)
- Status: Closed
- Type: Duplex
- Source: 2218
- MLS ID: 10174164
- Added to Site: 115 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Flooring: Carpet, Luxury Vinyl, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Parking
- Parking Features: Driveway
Location
- County: Durham
- Subdivision: Not in a Subdivision
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Engineered Wood, Other
- Roof: Shingle, See Remarks
- Building Size: 1600
- Square Feet: 1,600
- Living Area: 1,600 Sq. Ft.
- Finished Above Grnd: 1,600 Sq. Ft.
- Year Built: 1975
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
Financial Considerations
- Tax Amount: $3,310.8
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: See Remarks
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Standard
- APN: 114946
- Lot Number: 68
Listed by Deaton Investment Real Estate, Thomas Furlow (919) 412-3913
Sold by Rasberry Realty LLC, Leigh Ann Rasberry
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Schools
Schools serving 1105 Morehead Ave
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Morehead Montessori 909 Cobb Street, Durham, NC 27707 | K-5 | 0.3 mi |
Lakewood Montessori Middle School 2119 Chapel Hill Road, Durham, NC 27707 | 6-8 | 0.8 mi |
Charles E Jordan Sr High School 6806 Garrett Road, Durham, NC 27707 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1105 Morehead Ave
Date
Details
Price
Change
Source
8/31/2026
Sold
$237,500
—
MLS
6/15/2026
Listed
$237,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1105 Morehead Avenue, Durham, NC 27707 (MLS# 10174164) is a Duplex property that was sold at $237,500 on August 31, 2026. Want to learn more about 1105 Morehead Avenue? Do you have questions about finding other Duplex real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

