Jenna Keasler - Coldwell Banker Advantage Logo
$269,900
 $1,532 est/mo Sourced by Back At You

706 Colfax Street,Durham, NC 27701

Durham, NC 27701

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Description

Investment Opportunity - Turnkey Durham Duplex with Immediate Cash Flow! Excellent opportunity to acquire a fully tenanted, low-maintenance 2-unit residential property just minutes from Downtown Durham and NCCU. Two 2-bedroom, 1-bathroom units. Currently generating $1,900/month in gross rental income ($950/side) with a strong history of consistent occupancy and marketability. Surrounded by recently built and in progress new construction homes. A excellent addition to any real estate portfolio. Roof replaced in 2024. Detailed maintenance and improvement breakdown in MLS docs.

Details

MLS #10195266
Listing TypeFor Lease
StyleDuplex
StatusPending
Year1970
Days On Site28
Listing Provided ByWest & Woodall Real Estate - D | David Bermel

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,500
Story(s)1
ZoningRU-5(2)
Acreage0.15

Interior

Interior FeaturesCeiling Fan(s), Stone Counters
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Ceiling Fan(s)
Laundry FeaturesInside
Rooms Total4

Exterior

Exterior FeaturesRain Gutters
RoofShingle
Foundation DetailsSlab
Construction MaterialsBrick, Masonite

Parking

Garage Yes / NoNo
Parking FeaturesGarage, Parking Pad

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value278987
Tax Legal DescriptionPROP-SMITH J W/LT#05 PL:00001B-000218
Tax Year2025

Other

Accessibility FeaturesNo

Area Information

StateNC
CountyDurham
CityDurham
Zip Code27701
AreaDurham
Community NameNot in a Subdivision
School DistrictDurham County Schools
Elementary SchoolDurham County Schools
High SchoolDurham County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$269,900
low | high
Med:
$310,000
35.142645424231% of Average
sqft:
1,500
low | high
Med:
1,808
29.466666666667% of Average
$ / sqft:
$180
low | high
Med:
$171
54.709053172758% of Average
On site:
28
low | high
Med:
16
100% of Average
Sourced by Back At You

Market Activity 27701

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Contact

Learn More About This Property

Jenna Keasler

Jenna Keasler

Coldwell Banker Advantage

 (336) 460-2796jkeasler@homescba.com
StateNC
CountyDurham
CityDurham
Zip Code27701
AreaDurham
Community NameNot in a Subdivision
School DistrictDurham County Schools
Elementary SchoolDurham County Schools
High SchoolDurham County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$269,900
low | high
Med:
$310,000
35.142645424231% of Average
sqft:
1,500
low | high
Med:
1,808
29.466666666667% of Average
$ / sqft:
$180
low | high
Med:
$171
54.709053172758% of Average
On site:
28
low | high
Med:
16
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $202K - $337K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
706 Colfax Street Property Photo 1
$269,900
706 Colfax Street
Durham, NC 27701
Listing Updated: October 22, 2026 at 6:14:58 PM PDT