Durham, NC 27701
$550,000
Income-producing triplex minutes from Downtown Durham in the 27701, a 3-unit multifamily investment property priced right! Three 2-bed/1-bath, two-level units (approx. 2,510 total sq ft) on a 0.22-acre lot, each with a private entrance, rear deck, washer/dryer hookups and its own utilities. Two units are leased with in-place income; Unit C is vacant and ready to lease at a projected $1,600/month, or owner-occupy one unit and let the other two offset the mortgage. Off-street parking plus a storage shed. Quick access to Downtown Durham, Duke University, Duke Health, dining, entertainment, NC-147 and I-85. Two of three water heaters replaced in 2026. A strong fit for rental property investors, 1031 exchange buyers and first-time multifamily owners looking for a Durham triplex for sale close to downtown.
Questions on 311 Lyric Street, Durham, NC 27701, or want to see it in person?
Listed by Shikha Anand, Compass -- Raleigh
APEX NEIGHBOURHOODS
CHAPEL HILL NEIGHBORHOODS
DURHAM NEIGHBORHOODS
HILLSBOROUGH NEIGHBORHOODS
MORRISVILLE NEIGHBORHOODS
CHATHAM COUNTY
BURLINGTON
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