208 E Geer St
Durham, NC 27701
4 Beds2 Baths1,490 Sq Ft25 Days on Market
For Sale $395,000
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Courtesy of Deaton Investment Real Estate
Listing Agent & Comments
Brick duplex near downtown Durham offering a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 1958, the one-story duplex features identical 2-bed, 1-bath floor plans and sits on a large, deep lot of .26 acres. The land offers the potential to realize significant value creation. It allows for multiple expansion opportunities to the existing building, the building of an ADU, or potentially redevelopment with additional units. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market and could be raised to $1,400-$1,500 per unit with strategic renovations and updates. Unit A = $1,095. Unit B = $940 (tenant 10+ years)
MLS# 10095867 • Data provided by TriangleMLS
Living Area | 1,490 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1958 |
Property Type | Multifamily |
Zoning | RU-5(2) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,579 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by TriangleMLS.
More Information On This Home
This home's estimated value
$394,994
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage
208 E Geer St., Durham, NC 27701
Multifamily4 Beds2 Baths1,490 Sq Ft25 Days on Market
Listing Agent & Comments
Brick duplex near downtown Durham offering a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 1958, the one-story duplex features identical 2-bed, 1-bath floor plans and sits on a large, deep lot of .26 acres. The land offers the potential to realize significant value creation. It allows for multiple expansion opportunities to the existing building, the building of an ADU, or potentially redevelopment with additional units. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market and could be raised to $1,400-$1,500 per unit with strategic renovations and updates. Unit A = $1,095. Unit B = $940 (tenant 10+ years)
MLS# 10095867 • Data provided by TriangleMLS
Living Area | 1,490 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1958 |
Property Type | Multifamily |
Zoning | RU-5(2) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,579 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by TriangleMLS.
New
Do you own this home?
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For Sale $395,000
Save
Courtesy of Deaton Investment Real Estate
208 E Geer St
Durham, NC 27701
4 Beds2 Baths1,490 Sq Ft25 Days on Market
Listing Agent & Comments
Brick duplex near downtown Durham offering a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 1958, the one-story duplex features identical 2-bed, 1-bath floor plans and sits on a large, deep lot of .26 acres. The land offers the potential to realize significant value creation. It allows for multiple expansion opportunities to the existing building, the building of an ADU, or potentially redevelopment with additional units. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market and could be raised to $1,400-$1,500 per unit with strategic renovations and updates. Unit A = $1,095. Unit B = $940 (tenant 10+ years)
MLS# 10095867 • Data provided by TriangleMLS
Living Area | 1,490 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1958 |
Property Type | Multifamily |
Zoning | RU-5(2) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $2,579 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by TriangleMLS.
More Information On This Home
This home's estimated value
$394,994
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
For Sale $395,000
Save
Courtesy of Deaton Investment Real Estate