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$692,500

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 8 Total Beds
See This Home
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Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap Rate Located less than a mile from Duke University, this fully leased, turnkey quadplex offers walkable convenience in one of Durham's most in-demand rental corridors. Major renovations completed in 2022-2023 include new HVAC systems, plumbing upgrades, and interior/exterior enhancements. Lower units (1911 & 1913) feature updated kitchens with IKEA cabinetry, butcher block counters, new appliances, tiled baths, custom desks, and washer/dryer installs. Upper units (1915 & 1917) include walk-in showers, vinyl flooring, refinished hardwoods, and updated finishes. Strong in-place rents and a 5.5% cap rate make this an ideal low-maintenance investment.

Full Property Details for 1911 Morehead Ave

General

  • Sold For: $692,500
  • Taxes: $6,417
  • Status: Closed
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10102040
  • Added to Site: 220 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: Off Street

Location

  • County: Durham
  • Subdivision: Not in a Subdivision
  • Driving Directions: Chapel Hill Road north to left on Morehead. 1911 Morehead is the cream colored building with green doors
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Brick Veneer
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 3360
  • Square Feet: 3,360
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 3,360 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147.6

Financial Considerations

  • Tax Amount: $6,417.26

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 821165060
  • Lot Number: 10

Listed by Compass -- Chapel Hill - Durham, Ed W Billings (919) 423-6627 and Compass -- Chapel Hill - Durham, Brooke Gelhaus (919) 638-2994
Sold by Southern Properties Group Inc., Aisha Liu

Listing agents

— 1911 Morehead Ave —

  • Ed W Billings

    Compass -- Chapel Hill - Durham

  • Brooke Gelhaus

    Compass -- Chapel Hill - Durham

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1911 Morehead Ave

School District:Durham Public Schools
NameGradesDistance
Lakewood Elementary
2520 Vesson Avenue, Durham, NC 27707
PK-50.7 mi
Sherwood Githens Middle
4800 Chapel Hill Road, Durham, NC 27707
6-82 mi
Charles E Jordan Sr High School
6806 Garrett Road, Durham, NC 27707
9-125.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1911 Morehead Ave

Date
Details
Price
Change
Source
9/24/2025
Sold
$692,500
—
MLS
8/05/2025
Price Reduced
$692,500
-7.54%
MLS
6/10/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass -- Chapel Hill - Durham, Ed W Billings (919) 423-6627 and Compass -- Chapel Hill - Durham, Brooke Gelhaus (919) 638-2994
Sold by Southern Properties Group Inc., Aisha Liu

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Recent Sales near 1911 Morehead Ave

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1733 Morehead Ave, Durham, NC 27707 - Photo 1 Sold
$627,500

1733 Morehead Ave  Durham, NC 27707

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1704 Bivins St  Durham, NC 27707

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Sold by Compass -- Chapel Hill - Durham, Dave Wylie

1911 Morehead Avenue, Durham, NC 27707 (MLS# 10102040) is a Multi-Family property that was sold at $692,500 on September 24, 2025. Want to learn more about 1911 Morehead 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.