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$1,030,000
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Property Description
10-unit multifamily property at 504 Raynor Street, Durham, NC. The offering represents a great value-add opportunity in the emerging East Durham submarket. The property features a single-story duplex, built in 1961. Behind the duplex is a two-story, eight-unit building, built in 1988. All ten units are two-bedroom floorplans. The property presents a rare opportunity to acquire a stable asset, with income upside, near Durham's thriving economic core.
Full Property Details
Full Property Details for 504 Raynor St
General
- Sold For: $1,030,000
- Taxes: $9,522
- Status: Closed
- Type: Apartment
- Source: 2218
- MLS ID: 10146810
- Added to Site: 99 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 20
Parking
- Parking Features: Off Street
Location
- County: Durham
- Subdivision: Not in a Subdivision
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Varies by Unit, Wall Unit(s)
- Heating Type: Baseboard, Central, Varies by Unit
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex, Multi Family
- Exterior Const.: Brick, Vinyl Siding, Wood Siding
- Roof: Shingle
- Building Size: 7020
- Square Feet: 7,020
- Finished Above Grnd: 7,020 Sq. Ft.
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 27,442.8
Financial Considerations
- Tax Amount: $9,522.54
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 114075
- Lot Number: 1
Listed by Deaton Investment Real Estate, Thomas Furlow (919) 412-3913
Sold by EXP Realty LLC, Garrett Warren White
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Schools
Schools serving 504 Raynor St
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Y E Smith Elementary 2410 East Main Street, Durham, NC 27703 | PK-5 | 0.3 mi |
Brogden Middle 1001 Leon Street, Durham, NC 27704 | 6-8 | 3.1 mi |
Riverside High School, Durham, NC 3218 Rose of Sharon Road, Durham, NC 27712 | 9-12 | 6.6 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 504 Raynor St
Date
Details
Price
Change
Source
5/22/2026
Sold
$1,030,000
-17.6%
MLS
3/03/2026
Price Reduced
$1,250,000
-7.41%
MLS
2/16/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
504 Raynor Street, Durham, NC 27703 (MLS# 10146810) is a Apartment property that was sold at $1,030,000 on May 22, 2026. Want to learn more about 504 Raynor Street? Do you have questions about finding other Apartment real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

