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    1022 Carolina Ave Durham, NC 27705

    For Sale
    $599,000

    MULTI_FAMILY - Durham, NC

    Property size:
    1,249 SF
    Lot size:
    0.19 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1022 Carolina Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    0822-24-1328
    Parking
    2
    Parking features
    On Street, Garage, Open, Driveway, Paved or Surfaced
    Patio and Porch features
    Porch
    Interior features
    Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding
    Exterior features
    Fenced Yard, Fire Pit, Rain Gutters, Storage
    Fencing
    Fenced
    Basement
    Crawl Space
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer/Dryer Stacked
    Size
    1,249 SF
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Shingle
    Additional Structures
    Storage

    Real Estate by Design (919) 381-9456 [email protected]

    Listing agent Lisa Ellis (919) 606-1754

    Listing date Oct 30, 2025

    MLS# 10124684 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Durham Duplex: Turnkey Investment Opportunity

    This one-level, brick duplex is located in West Durham, offering convenient access to shops and restaurants near Ninth Street, Duke's East Campus, and Hillsborough Road. The property features two one-bedroom apartments, each including a living room, kitchen, bedroom, and full bath. Hardwood floors are present throughout each unit. Both kitchens and bathrooms have been remodeled. Kitchen updates include new cabinets, butcher block countertops, tile backsplashes, and tile floors, along with new appliances such as a microwave, electric range, and refrigerator. Each unit is equipped with an all-in-one washer/dryer combo. The bathrooms feature tiled showers, new vanity cabinets, lighting, and plumbing. The backyard is fully fenced and includes a storage shed. The property, situated on a 0.19-acre lot, offers 1249 square feet of living space. Durham allows ADUs to be built for additional rental income. The property is suitable for both short-term and long-term rentals and is offered furnished and turnkey. It presents an opportunity to add value or for owner-occupancy with rental income from the second unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.925178
    Latitude
    36.015043

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    FAQs

    What type of property is this?
    Duplex - West Durham duplex, furnished, remodeled, with income potential.
    Where is this duplex located?
    The property is located at 1022 Carolina Ave Durham, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Turnkey furnished duplex ready for rental income.; - Prime West Durham location.; - Remodeled kitchens and bathrooms feature new cabinets, butcher block tops/vanities, tile, and appliances.
    (919) 606-1754
    Request Owner's contact information
    1022 Carolina Ave Durham, NC 27705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1022 Carolina Ave Durham, NC 27705
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