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$349,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Units
  • 8 Total Beds
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Investor opportunity in East Durham! This quadraplex offers immediate income with three of four units currently rented along with value-add potential for investors looking to improve and reposition the property over time. The property presents an opportunity to increase returns through thoughtful updates and improved management. With one vacant unit, buyers have the ability to begin improvements immediately while maintaining income from the existing tenants. Conveniently located with access to downtown Durham, major highways, shopping, and local amenities, this property offers solid potential for investors seeking to expand their rental portfolio in a growing market.

Full Property Details for 1512 N Hyde Park Ave

General

  • Price: $349,000
  • Taxes: $3,958
  • Status: Pending
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10150310
  • Updated: 3/14/2026
  • Added to Site: 30 day(s) ago

Rental Information

  • Lease/Rent Term: Other

Interior

  • Interior Features: Bathtub/Shower Combination, Living/Dining Room Combination
  • Appliances: Electric Range, Oven, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Parking

  • Parking Features: Additional Parking, Driveway

Location

  • County: Durham
  • Subdivision: Morgan Park
  • Driving Directions: From Cary: Get on I-40 from N Harrison Ave, continue on I-40 and take exit 279B for NC-147 N toward Durham/Downtown, merge onto I-885. Use the left 2 lanes to turn slightly left onto NC-147 N and take exit 2 for NC-55/Alston Ave. Continue on NC-55 W/S Alston Ave, turn right onto NC-55 W/S Alston Ave, turn right onto Juniper St, turn left onto N Hyde Park Ave  Destination will be on the right.

School Information

  • Elementary School: Durham - Burton
  • Middle School: Durham - Rogers-Herr
  • High School: Durham - Riverside

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Septic Available, Water Available

Structural Information

  • # Buildings: 4
  • Structure Type: Quadruplex
  • Exterior Const.: Block
  • Roof: Fiberglass, Shingle
  • Common Walls: 2+ Common Walls
  • Stories/Levels: 1
  • Building Size: 2500
  • Square Feet: 2,500
  • Finished Above Grnd: 2,500 Sq. Ft.
  • Year Built: 1952

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,939.2
  • Frontage: City Street
  • Street/Road Desc.: Gravel
  • Lot Features: Back Yard
  • Zoning: RM-12

Financial Considerations

  • Tax Amount: $3,958.16

Disclosures and Reports

  • Special Conditions: HUD Owned
  • Property ID: 113204
  • Lot Number: 5

Listed by Apple Realty, Brandon Dale Carlton (984) 302-0570

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Listing agent

— 1512 N Hyde Park Ave —

  • Brandon Dale Carlton

    Apple Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1512 N Hyde Park Ave

School District:Durham Public Schools
NameGradesDistance
Eastway Elementary
610 North Alston Avenue, Durham, NC 27701
PK-50.8 mi
Brogden Middle
1001 Leon Street, Durham, NC 27704
6-82.2 mi
Riverside High School, Durham, NC
3218 Rose of Sharon Road, Durham, NC 27712
9-125.7 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 1512 N Hyde Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$349,000
-5.42%
MLS
3/05/2026
Listed
$369,000
-29.04%
MLS
4/27/2021
Sold
$520,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1512 N Hyde Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,958
96%
$399,290
176%
2024
$2,019
6%
$144,748
—
2023
$1,896
2%
$144,748
—
2022
$1,853
—
$144,748
—
2021
$1,844
2%
$144,748
—
2020
$1,801
—
$144,748
—
2019
$1,801
10%
$144,748
20%
2018
$1,639
1%
$120,832
—
2017
$1,627
3%
$120,832
—
2016
$1,572
54%
$120,832
63%
2015
$1,024
—
$73,991
—
2014
$1,024
3%
$73,991
—
2013
$993
—
$73,991
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Apple Realty, Brandon Dale Carlton (984) 302-0570

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1512 N Hyde Park Avenue, Durham, NC 27701 (MLS# 10150310) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 1512 N Hyde Park Avenue is currently listed for $349,000 and was received on March 05, 2026. Want to learn more about 1512 N Hyde Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

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