1001 Stennis Way
Durham, NC 27703Excellent investment opportunity with a reliable tenant already in place through April 2027, providing immediate, stable rental income from day one. This well-maintained home features a functional floor plan with three bedrooms and three full bathrooms, offering strong long-term rental appeal. A brand-new HVAC system, installed in March 2026, provides added value and helps minimize near-term maintenance expenses. Conveniently located with easy access to Durham, Research Triangle Park, major highways, shopping, dining, and area employers, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a turnkey opportunity with dependable cash flow already in place. Excellent investment opportunity with a reliable tenant already in place through April 2027, providing immediate, stable rental income from day one. This well-maintained home features a functional floor plan with three bedrooms and three full bathrooms, offering strong long-term rental appeal. A brand-new HVAC system, installed in March 2026, provides added value and helps minimize near-term maintenance expenses. Conveniently located with easy access to Durham, Research Triangle Park, major highways, shopping, dining, and area employers, this property is well-positioned for continued rental demand. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a turnkey opportunity with dependable cash flow already in place.
$308,000
3 bedrooms
2 full, 1 half bathrooms
0.12 acres
1,296 square feet
$238 per square foot
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Common Walls No Common Walls, No One Above, No One Below
- Construction Materials Frame, Vinyl Siding
- Garage Y/N Yes
- Lot Size Acres 0.12
- Parking Features Driveway, Garage, Garage Faces Front
- Structure Type House
- Above Grade Finished Area 1,296
- Appliances Dishwasher, Electric Oven, Electric Water Heater, Exhaust Fan, Microwave
- Cooling Ceiling Fan(s), Central Air, Electric
- Cooling Y/N Yes
- Fireplace Features Gas
- Fireplaces Total 1
- Flooring Carpet, Vinyl
- Heating None
- Interior Features Ceiling Fan(s), Open Floorplan, Pantry, Walk-In Closet(s)
- Rooms Total 3
- Association Fee Frequency Quarterly
- Association Fee Includes None
- Association Y/N Yes
- Tax Annual Amount 2860.08
- Water Source Public
- Year Built 2003
Additional Property Information
- TypeSingle Family Residence
- Built2003
- NeighborhoodLynn Hollow
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Bethesda Elementary
- Middle SchoolDurham - Neal Middle
- High SchoolDurham - Southern School of Energy and Sustainability
Listing courtesy of Apple Realty. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-07-18T02:44:49.000Z.