1008 Alabama Avenue

Durham, NC 27705
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15 images $360,000 View home

Not in a Subdivision

1008 Alabama Avenue, Durham NC 27705

2 bd / 2 ba / 1,008 sqft

Status: Active, MLS #10166156 Courtesy of Deaton Investment Real Estate.

1008 Alabama Avenue

Durham, NC 27705
Active ID# 10166156

Old West Durham duplex at 1008 Alabama Avenue in Durham, N.C. The property features one-bedroom units and offers an attractive opportunity for investors seeking both in-place income and value-add potential. One unit has been recently updated and is leased for $1,000 per month (lease expiration Aug-26). The second unit is vacant, providing an opportunity for immediate upside through lease-up to market rents and value-add renovations. The vacancy also presents an excellent opportunity for an owner-occupant seeking to live in one unit while generating income from the other. Located in Durham's desirable Old West Durham neighborhood, the property is positioned within an area that has experienced significant revitalization through new infill development and high-end residential renovations. The neighborhood's proximity to Downtown Durham, Duke University, and major employment centers continues to drive strong rental demand and long-term investment growth, making 1008 Alabama Avenue a compelling opportunity in one of the Triangle's most sought-after neighborhoods.

$360,000 2 bedrooms 2 full bathrooms 0.12 acres 1,008 square feet $357 per square foot
  • Construction Materials Wood Siding
  • Lot Size Acres 0.12
  • Parking Features Driveway, On Street
  • Structure Type Duplex
  • Above Grade Finished Area 1,008
  • Cooling Window Unit(s)
  • Cooling Y/N Yes
  • Flooring Carpet, Vinyl
  • Heating Baseboard
  • Heating Y/N Yes
  • Tax Annual Amount 3429.52
  • Water Source Public
  • Year Built 1930

Additional Property Information

  • TypeDuplex
  • Built1930
  • NeighborhoodNot in a Subdivision
  • CountyDurham
  • AreaDurham
  • Elementary School
  • Middle School
  • High School
More Info on School Ratings

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