Durham, NC 27705
$2,140,000
Price improved to $2,140,000 ($428,000/home). Five new-construction (2026) detached single-family homes near Duke University and Downtown Durham, offered as one portfolio: 2201 Tampa B, 2201 Tampa C, 2203 Tampa A, 2203 Tampa B and 2205 Tampa. Three homes leased July 2026 at $2,400, $2,500 and $2,400/month; two vacant homes ready to lease. Stabilized at current rents: $142,800/yr gross and $114,488 NOI after taxes and insurance (5.35% cap). Four 3 BR/3 BA homes and one 2 BR/2.5 BA. No shared walls, no HOA, 2 parking spaces on each lot, tenants pay all utilities. Low-maintenance new construction with strong Duke-area rental demand. 1031 exchange buyers welcome. Investor packet and rent roll available on request.
Questions on 2201 Tampa Avenue, Durham, NC 27705, or want to see it in person?
Listed by Ezequiel Espitia, Griffin Associates REALTORS
APEX NEIGHBOURHOODS
CHAPEL HILL NEIGHBORHOODS
DURHAM NEIGHBORHOODS
HILLSBOROUGH NEIGHBORHOODS
MORRISVILLE NEIGHBORHOODS
CHATHAM COUNTY
BURLINGTON
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