1105 Morehead Avenue
Durham, NC 27707This 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''
$237,500
4 bedrooms
2 full bathrooms
0.16 acres
1,600 square feet
$148 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Engineered Wood, Other
- Lot Size Acres 0.16
- Parking Features Driveway
- Structure Type Duplex
- Above Grade Finished Area 1,600
- Cooling Wall Unit(s)
- Cooling Y/N Yes
- Flooring Vinyl, Carpet
- Heating Baseboard
- Heating Y/N Yes
- Laundry Features Washer Hookup
- Tax Annual Amount 3310.8
- Water Source Public
- Year Built 1975
Additional Property Information
- TypeDuplex
- Built1975
- NeighborhoodNot in a Subdivision
- CountyDurham
- AreaDurham
- Elementary School
- Middle School
- High School
Listing courtesy of Deaton Investment Real Estate. © 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 2026-06-15T18:20:22.000Z.