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$337,000
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Property Description
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
Full Property Details for 1512 N Hyde Park Ave
General
- Sold For: $337,000
- Taxes: $3,958
- Status: Closed
- Type: Multi-Family
- Source: 2218
- MLS ID: 10150310
- Added to Site: 76 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
Sold by L2 Plus Properties Llc, Liz Lau
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Schools
Schools serving 1512 N Hyde Park Ave
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Eastway Elementary 610 North Alston Avenue, Durham, NC 27701 | PK-5 | 0.8 mi |
Brogden Middle 1001 Leon Street, Durham, NC 27704 | 6-8 | 2.2 mi |
Riverside High School, Durham, NC 3218 Rose of Sharon Road, Durham, NC 27712 | 9-12 | 5.7 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
Date
Details
Price
Change
Source
5/01/2026
Sold
$337,000
-3.44%
MLS
3/12/2026
Price Reduced
$349,000
-5.42%
MLS
3/05/2026
Listed
$369,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1512 N Hyde Park Avenue, Durham, NC 27701 (MLS# 10150310) is a Multi-Family property that was sold at $337,000 on May 01, 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.

