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$550,000 Just Listed
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Property Description
Income-producing triplex in Durham's desirable 27701 zip code! The property offers three 2-bedroom, 1-bath residences totaling approximately 2,510 square feet on a 0.22-acre lot. Units A and C feature identical floor plans, with Unit B offering a mirrored layout. Each residence includes its own entrance, defined living and dining spaces, a functional kitchen, two bedrooms and one full bath upstairs. Additional features include off-street parking and outdoor space. Two units are currently leased, providing established rental income, while vacant Unit C is available for showings and offers flexibility for a new tenant or potential owner-occupant. Individual entrances, outdoor space and off-street parking complete the property. Conveniently positioned near Downtown Durham, Duke University, dining, entertainment and major commuter routes, an excellent opportunity to acquire a three-unit multifamily asset in a growing Durham location. Recent Upgrades and Details: Washer/dryer hookups in each unit "¢ Water heaters: 2026, 2026 and 2002 "¢ Individual HVAC systems: 2014, 2000 and 2009
Full Property Details
Full Property Details for 311 Lyric St
General
- Price: $550,000
- Taxes: $4,069
- Status: Active
- Type: Triplex
- Source: 2218
- MLS ID: 10192976
- Updated: 9/16/2026
- Added to Site: 6 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Flooring: Carpet, Vinyl, Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Parking
- Parking Features: Gravel, Unpaved
Location
- County: Durham
- Subdivision: Not in a Subdivision
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Triplex
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Building Size: 2510
- Square Feet: 2,510
- Finished Above Grnd: 2,510 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Zoning: RM-12
Financial Considerations
- Tax Amount: $4,069
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 110110
Listed by Compass -- Raleigh, Shikha Anand (917) 331-3161
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Schools
Schools serving 311 Lyric St
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
George Watts Elementary 700 Watts Street, Durham, NC 27701 | K-5 | 1.2 mi |
Brogden Middle 1001 Leon Street, Durham, NC 27704 | 6-8 | 1.9 mi |
Riverside High School, Durham, NC 3218 Rose of Sharon Road, Durham, NC 27712 | 9-12 | 5.4 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 311 Lyric St
Date
Details
Price
Change
Source
9/16/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 311 Lyric St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,169
-12%
$400,350
127%
2024
$2,458
6%
$176,221
—
2023
$2,308
2%
$176,221
—
2022
$2,255
—
$176,221
—
2021
$2,245
2%
$176,221
—
2020
$2,192
—
$176,221
—
2019
$2,192
6%
$176,221
16%
2018
$2,067
1%
$152,376
—
2017
$2,052
3%
$152,376
—
2016
$1,983
-10%
$152,376
-5%
2015
$2,213
—
$159,874
—
2014
$2,213
3%
$159,874
—
2013
$2,145
—
$159,874
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 Lyric St
311 Lyric Street, Durham, NC 27701 (MLS# 10192976) is a Triplex property with 6 bedrooms and 3 full bathrooms. 311 Lyric Street is currently listed for $550,000 and was received on September 16, 2026. Want to learn more about 311 Lyric Street? Do you have questions about finding other Triplex real estate for sale in Dunbarton? You can browse all Dunbarton real estate or contact a Coldwell Banker agent to request more information.

