208 E Geer St
Durham, NC 27701
4 Beds
2 Baths
1,490 Sq Ft
25 Days on Market
For Sale $395,000
Save
Courtesy of Deaton Investment Real Estate

Listing Agent & Comments

Thomas FurlowDeaton Investment Real Estate
919-412-3913 License #222598
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
Additional home details
Living Area1,490 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms4
Bathrooms2
Stories--
Year Built1958
Property TypeMultifamily
ZoningRU-5(2)
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$2,579
Property in Flood Zone--
Basement--
PoolNo
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

Multifamily
4 Beds
2 Baths
1,490 Sq Ft
25 Days on Market

Listing Agent & Comments

Thomas FurlowDeaton Investment Real Estate
919-412-3913 License #222598
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
Additional home details
Living Area1,490 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms4
Bathrooms2
Stories--
Year Built1958
Property TypeMultifamily
ZoningRU-5(2)
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$2,579
Property in Flood Zone--
Basement--
PoolNo
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $395,000
Save
Courtesy of Deaton Investment Real Estate
208 E Geer St
Durham, NC 27701
4 Beds
2 Baths
1,490 Sq Ft
25 Days on Market

Listing Agent & Comments

Thomas FurlowDeaton Investment Real Estate
919-412-3913 License #222598
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
Additional home details
Living Area1,490 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms4
Bathrooms2
Stories--
Year Built1958
Property TypeMultifamily
ZoningRU-5(2)
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$2,579
Property in Flood Zone--
Basement--
PoolNo
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
house

For Sale $395,000
Save
Courtesy of Deaton Investment Real Estate