Two-Unit Duplex with Original
For Sale
$260,000
1101 Eva Street, Durham, NC 27703
Residential Income, Durham, NC
Property Size2,208 SF
Lot Size0.14 Acres
Price / SF$117.75
Days on Market27
Property Features for 1101 Eva Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 1
Subdivision
Ashbury Park
Elementary school
Durham - Eastway Elementary
Middle school
Durham - Durham School of the Arts
High school
Durham - Durham School of the Arts
Standard status
Active
APN
111201
Size
2,208 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Prop-Byrd & Patton/Lt#01 Pt East Durham/Hd Pl:000004-000033
Tax Annual Amount
3422
Legal Description
Prop-Byrd & Patton/Lt#01 Pt East Durham/Hd Pl:000004-000033
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Gas (Cooling)
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Flooring type
Carpet
Building materials
Vinyl Siding, Wood Siding
Roof type
Shingle
Listing Agency:
Nest Realty of the Triangle
(919) 493-8383
Listed By:
Lea Soray Christofferson
(919) 998-9951
Added: Sep 10
Changed: Sep 15
Last Checked: Oct 6 at 5:06PM
MLS# 10191933
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,208-square-foot duplex sits on a 0.14-acre lot and was built in 1930. Each unit offers 2 bedrooms and 1.5 bathrooms. One unit is tenant-occupied, while the other includes a spacious kitchen, full bathroom, generous living areas, and multiple flexible rooms. High ceilings, large windows, original architectural details, an updated bathroom, and fresh neutral interiors add to the property's character and usability.
The property is located at 1101 Eva Street in Durham, NC 27703, with R-3 zoning. Building features include vinyl and wood siding, carpet flooring, a shingle roof, natural gas heating and cooling, public water, and public sewer.
The property is located at 1101 Eva Street in Durham, NC 27703, with R-3 zoning. Building features include vinyl and wood siding, carpet flooring, a shingle roof, natural gas heating and cooling, public water, and public sewer.
Key Highlights
- 2,208‑square‑foot duplex on a 0.14‑acre lot
- Two 2‑bedroom, 1.5‑bathroom residential units
- One unit currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,960
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,200
$379.2K
Cap Rate 7%
$270,857
$270.9K
Cap Rate 9%
$210,667
$210.7K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$30.5K $13.80/SF
− Vacancy
−$3.4K −$1.53/SF
EGI
$27.1K $12.27/SF
− OpEx
−$8.1K −$3.68/SF
NOI
$19.0K $8.59/SF
Area
Durham, NC
Vacancy
11.11%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,200
Cap Rate 7%
$270,857
Cap Rate 9%
$210,667
Alternative Uses
Best Use
Multifamily LT 5
$270.9K
$237.0K – $316.0K
NOI $18,960 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$237.1K
$207.5K – $276.7K
NOI $16,599 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$713.0K
$623.9K – $831.8K
NOI $49,909 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Explore this area
Business Placement
Demographics for 27703, NC
61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - The property includes two residential units, with one side currently tenant-occupied and the other ready for occupancy.
Where is this duplex located?
The property is located at 1101 Eva Street Durham, NC.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2,208‑square‑foot duplex on a 0.14‑acre lot; Two 2‑bedroom, 1.5‑bathroom residential units; One unit currently tenant‑occupied
