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Take a virtual tour112 Joyland Street
Durham, NC 27703Exceptional Investment & Development Opportunity - Don't miss this rare chance to maximize value with versatility in a rapidly growing location! 112 S Joyland presents a prime opportunity for investors, developers, or owner-occupants alike. This property features two spacious 1564 SF apartments, both with 3 Bedrooms and 2 Full Baths. Both units have been fully remodeled, showcasing modern finishes, functional layouts, and separate driveways—providing privacy and convenience. Unit A is currently vacant—ideal for immediate occupancy or rental. Unit B is leased at $2,200/month, generating steady income from day one. Situated on a generous .45-acre lot, the parcel offers a potential flag lot configuration in alignment with Durham County UDO/zoning guidelines. Hire an architect to explore building an additional dwelling unit or a separate homesite—unlocking substantial added value. Additionally, there is a 40 ft x 8ft high cube container on lot that does convey: it includes a 50 Amp panel and 50 Amp 240 RV Plug. Whether you're a first-time homebuyer seeking supplemental rental income, or an investor looking to develop or expand your portfolio, this property offers exceptional flexibility and future upside. Enjoy a private oasis in the rear footprint of the lot, or capitalize on the development potential that this unique parcel presents. The combination of size, layout, zoning potential, & location makes this a superior real estate asset—one that balances immediate income with long-term growth opportunities.
$660,000
6 bedrooms
4 full bathrooms
0.45 acres
3,128 square feet
$211 per square foot
Open Houses at 112 Joyland Street
Jun
05
12pm - 4pm
Additional Property Information
- TypeDuplex
- Built1963
- NeighborhoodWoodcrest
- CountyDurham
- AreaDurham
- Elementary SchoolDurham - Merrick-Moore
- Middle SchoolDurham - Neal
- High SchoolDurham - Southern
Listing courtesy of Bold Real Estate. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Carport Y/N Yes
- Construction Materials Brick Veneer
- Lot Size Acres 0.45
- Parking Features Carport, RV Access/Parking
- Patio And Porch Features Front Porch
- Structure Type Duplex
- Above Grade Finished Area 1,564
- Appliances Free-Standing Refrigerator, Gas Oven, Stainless Steel Appliance(s), Washer/Dryer, Microwave, Dishwasher, Gas Cooktop, Bar Fridge
- Basement Finished, Heated, Exterior Entry, Walk-Out Access, Sump Pump, Apartment
- Below Grade Finished Area 1,564
- Cooling Multi Units, Central Air
- Cooling Y/N Yes
- Fireplace Features Living Room
- Fireplaces Total 1
- Flooring Hardwood, Tile, Laminate
- Heating Floor Furnace, Heat Pump
- Heating Y/N Yes
- Interior Features Ceiling Fan(s), Bathtub/Shower Combination, Eat-in Kitchen, Walk-In Shower, Double Vanity, Granite Counters, Kitchen Island
- Rooms Total 1
- Tax Annual Amount 3435.72
- Water Source Public
- Year Built 1963
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