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1105 Morehead AvenueDurham, NC 27707

  • Multi Family
  • $237,500
  • 1,600 SQFT

This duplex presents an opportunity to acquire an entry-level multifamily investment in Durham at a basis well below recent duplex sales in the surrounding market. New roof in 2024. The property features 2-bedroom units on each side. One unit is occupied at $735/month providing in-place income and the second unit vacant and ready for renovation and lease-up. This tenant is on a month-to-month lease and originally occupied in 2022. Investors can improve the vacant side while offsetting carrying costs through existing rental income, creating a clear path to increased cash flow and long-term value through stabilization of both units. Projected market rents are $1150 per unit. Selling ''as is''

Last Checked
1 minute ago
Last Updated
Jun 15, 2026
Days on Website
9

Property Details for 1105 Morehead Avenue

1105 Morehead Avenue is a Multi Family commercial space for sale in Durham, NC 27707.

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Thomas Furlow

Deaton Investment Real Estate

919-412-3913

Please contact Thomas Furlow at Deaton Investment Real Estate direct by phone at 919-412-3913. You may also reach Deaton Investment Real Estate by phone at 919-847-1117.

Listing Provider for 1105 Morehead Avenue

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Agent:
Thomas Furlow
Agent Phone Number:
919-412-3913
Office:
Deaton Investment Real Estate
Office Phone Number:
919-847-1117
MLS ID:
10174164
Data Source:
Doorify MLS
Last Checked:
1 minute ago
Last Updated:
June 15, 2026 6:20 PM UTC
Days on Site:
9
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