1105 Morehead Avenue, Durham, NC 27707

• 4 beds |
• 2 baths |
• 1,600 sqft

Property Description

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''

Listing Status:

Pending

Date Added:

June 15, 2026

Data Last Updated:

August 6, 2026 at 4:41AM

Listing Office:

Deaton Investment Real Estate : 919-847-1117

Listing Agent:

Thomas Furlow : 919-412-3913

MLS ID:

10174164

Interior

• Laundry: Washer Hookup
• Flooring: CarpetLuxury VinylVinyl
• A/C: Wall Unit(s)
• Heating: Baseboard

Exterior

• Parking: Driveway

Construction

• Roofing: ShingleSee Remarks
• General: OtherEngineered WoodOneCrawlspace

Location

• Originating MLS: Doorify MLS
• County: Durham

Lot

• Zoning: Prop-Fitzgerald/Lt#68 Pl:000000-000000114946

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Doorify MLS