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2209-2211 Morehead AvenueDurham, NC 27707

  • Residential Income
  • $1,739,000
  • 9,148 SQFT

Investor Opportunity - Renovated MF Near Duke | 6.2% Cap | Stable Rents | 9 Units 2 Buildings with 9 units less than 1 mile from Duke University, offering strong in-place cash flow and a 6.2% cap rate. Unit mix includes rare 3BR/2BA and 2BR/1BA layouts that attract long-term tenants seeking single-family alternatives. Recent upgrades: new roof, HVAC system upgrades in some units, drainage improvements, modernized kitchens/baths in various units, and selective interior renovations (hardwoods, appliances, reconfigured closets). Additional Low turnover, proven rental history, and walkable yet private setting. Ideal for investors seeking stable performance with value-add levers.

Last Checked
1 minute ago
Last Updated
Dec 03, 2025
Days on Website
176

Property Details for 2209-2211 Morehead Avenue

2209-2211 Morehead Avenue is a residential_income commercial space for sale in Durham, NC 27707.

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Ed W Billings

Compass -- Chapel Hill - Durham

919-423-6627

Please contact Ed W Billings at Compass -- Chapel Hill - Durham direct by phone at 919-423-6627. You may also reach Compass -- Chapel Hill - Durham by phone at 919-999-8482.

Listing Provider for 2209-2211 Morehead Avenue

Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Agent:
Ed W Billings
Agent Phone Number:
919-423-6627
Office:
Compass -- Chapel Hill - Durham
Office Phone Number:
919-999-8482
MLS ID:
10102564
Data Source:
Triangle MLS
Last Checked:
1 minute ago
Last Updated:
December 3, 2025 11:10 PM UTC
Days on Site:
176
Triangle MLS